sentix Survey results (27-2025)

Written by Patrick Hussy | 06 July 2025
Posted in sentix Weekly

Bais goes straight up, neutrality too

The calm on the stock market is by no means transferable to current investor behaviour. Investors are highly irritated: The Super Neutrality Index for European equities remains at a challenging level and is incubating a volatility impulse. This could unload over the summer months. Investors are looking through potential summer weakness and the medium-term bias for equities is firmly to the upside. Can bonds/rising oil prices shake this confidence? What role does the US dollar play in this?

Further results:

• Bonds: Rising oil prices could be a burden
• Precious metals: Consolidation is coming to an end
• sentix economic index: Monday 07th July 2025 at 10:30 CEST

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Upswing gains breadth - third increase in a row

Written by Patrick Hussy | 06 July 2025
Posted in sentix Economic News

The overall index for the eurozone rose by +4.4 points in July, reaching its highest level since February 2022 at +4.5 points. All subcomponents increased for the third time in a row. Current assessment scores in particular are now rising. A similarly positive trend can be seen for Germany. Expectations increased by +2.30 points to +19.8 points. This is also the third increase in a row. The current situation assessment has even risen for the fifth time in a row (+8.0 points), reducing the current minus in the index to -18.8 points. Overall, the global upturn is gaining in breadth. The US economy in particular is making up ground. After the weak previous months, the US economy showed the greatest growth in July. The regions of Japan and Asia ex Japan are also providing growth impetus.

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sentix Survey results (26-2025)

Written by Manfred Hübner | 29 June 2025
Posted in sentix Weekly

Mood swing

The welcome ceasefire in the Iran-Israel conflict has moved investors. Short-term market sentiment has changed by more than 40%. However, this sentiment boost is unusual. Also unusual are the loss of attractiveness of short-term eurozone bonds and the sentiment signals for the EUR/USD, gold and crude oil.

Further results

• Bonds: Short-term bonds lose appeal
• Commodities: Sentiment slumps for gold and oil
• sentix investor positioning in equities, bonds and others

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sentix Survey results (25-2025)

Written by Manfred Hübner | 22 June 2025
Posted in sentix Weekly

Many bears in equities despite stable prices

In the sentix sentiment data for US equities, we measure an unusual discrepancy with the data from the American Association of Individual Investors (AAII). The number of bulls in our data is significantly lower than in the US data. In contrast, the bear ratios are almost identical. This difference is decisive for the further course of the share price, as low bull ratios, as seen in the sentix data, are positive for the market.

Further results

• FX: Negative sentiment divergence for EUR-USD
• Silver: Loss of confidence
• sentix Styles - Investor preferences & behavior

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sentix Survey results (24-2025)

Written by Manfred Hübner | 15 June 2025
Posted in sentix Weekly

Respect for June, no fear of summer

Investors are reacting ‘typically’ to the uncertainties in the Middle East when it comes to crude oil, but unusually so when it comes to equities. Investors appear to be interpreting the current period of uncertainty as an opportunity to buy equities in the medium term and see risks only in the short term. Bonds, on the other hand, are being shunned, as is the US dollar. The mood surrounding gold is very bullish.

Further results

• Crude oil: Bullish sentiment, but also a rising bias
• Gold: Excellent sentiment
• sentix sector sentiment

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