Inflation wird wieder Thema - Makro-Report - 03.26

Written by Manfred Hübner | 09 March 2026
Posted in Special research

There are no translations available.

Die Kriegsereignisse im Nahen Osten beflügeln die Ölpreise und damit die Inflationserwartungen. Gleichzeitig dämpfen sie die Konjunkturhoffnungen am Aktienmarkt, was angesichts von Preisen nahe Allzeithochs die Makrorisiken wieder hervortreten lässt. Für den Goldpreis sind steigende Inflationserwartungen ein Pro-Argument, doch gleichzeitig bedeutet dies eine Abkehr von Zinssenkungserwartungen seitens der Notenbanken.

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First mover with first indication after the start of the Iran war

Written by Patrick Hussy | 08 March 2026
Posted in sentix Economic News

The sentix economic index provides an initial assessment of economic development following the outbreak of the Iran war. After three consecutive improvements, the overall index for the eurozone fell by 7.3 points to -3.1, calling the recent upturn into question. Germany is also affected: the sentix economic index fell by 5.2 points to -12.1, signalling a renewed downturn after the recent glimmer of hope. Global sentiment is also deteriorating. All regions of the world are experiencing pressure on their assessment of the current situation and their expecta-tions. The sentix Global Aggregate loses 5.5 points to +9.7, while global expectations reach their lowest level since September 2025 at 7.2 points.

sentix Survey results (10-2026)

Written by Manfred Hübner | 08 March 2026
Posted in sentix Weekly

Historical data on the oil market

An eventful week lies behind us. A week that made an impression on investors and significantly changed various sentiment indicators. In the short term, fear dominates the stock market, while in the medium term, the composure of the professionals stands out. We are seeing truly historic data on the oil market.

Further results

Equities: Short-term anxiety, but professionals remain calm
Equities: China bias reverses
sentix economic index: Monday, 09.03.2026 at 10:30AM CET

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Institutionelle stocken Aktien auf und erhöhen Risiken - Risiko-Report - 02.26

Written by Manfred Hübner | 02 March 2026
Posted in Special research

There are no translations available.

In mehreren wichtigen Anlageklassen haben sich die Risikolagen zuletzt spürbar verschärft. Ursache sind vor allem stark überkaufte Markttechniken, zunehmende Overconfidence sowie eine deutliche Überinvestition der Marktteilnehmer. Während zentrale Trends bislang intakt bleiben, nimmt die Anfälligkeit für Korrekturen zu. Der Risiko-Report ordnet die aktuellen Entwicklungen in Aktien-, Rohstoff- und Devisenmärkten systematisch ein und zeigt, wo Risiken strukturell steigen und wo sie begrenzt bleiben.

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sentix Survey results (09-2026)

Written by Patrick Hussy | 01 March 2026
Posted in sentix Weekly

Volatility signal parallel to the outbreak of war

The stock market is faltering and is now facing a particularly tough test with the outbreak of war in Iran. The shift away from US equities continues unabated and is meeting with a setup in the sentix data that promises a surge in volatility. The Super Neutrality Index is rising to a multi-year high. At the same time, equity investors are seeking refuge in Europe. Will this work out? In this environment, the oil market is likely to cause price volatility.