sentix Survey results (40-2026)

Print

Written by Patrick Hussy | 04 October 2026
Posted in sentix Weekly

A shift in the seasonal pattern is drawing nearer

Investors continue to anticipate a restrictive central bank policy and the resulting headwinds for bonds. At the same time, however, conflicting signals on the bond market are becoming more pronounced, particularly as bargain hunters are becoming increasingly active at the current yield levels. For equities, rising interest rates remain a latent burden. These concerns are already reflected in market sentiment. In the medium term, however, investors are trying to look beyond the interest rate headwinds and are hoping for a swift end to the current weak seasonal trend in equities.

Further results

  • Bonds: Chance of stabilisation in bond prices
  • Precious metals: Confidence remains high despite pressure from interest rates
  • sentix Economic Index: Monday, 5th October 2026 at 10.30 CEST

Click here for the full report

 

sentix Survey results (39-2026)

Print

Written by Manfred Hübner | 27 September 2026
Posted in sentix Weekly

Positive Signals from the overconfidence index

On the financial markets, an intriguing juncture has been reached, brought into especially vivid focus by the difference in the sentix Overconfidence Index between US equities and US bonds. The weakness of the bond market is so pronounced that it has destroyed investors’ confidence in bonds. Confidence lies with equities. Such divergences point to a reversal in relative attractiveness that may well develop a medium-term character.

Further results

  • Equities: Stable underlying confidence
  • Crude oil: TD Index in the sell zone
  • sentix investor positioning in equities, bonds & other assets

Click here for the full report

sentix Survey results (38-2026)

Print

Written by Manfred Hübner | 20 September 2026
Posted in sentix Weekly

US equity sentiment in focus

In the US equity markets, the American Association of Individual Investors (AAII) is measuring a relatively high number of bears, which promises clear price opportunities. In the sentix survey this is not the case, and statistically the finding – at least over a 4-6 week horizon – is not so positive. Nevertheless, the opportunities predominate for equities, for bulls at least are thin on the ground. On this, both surveys agree.

Further results

  • Bonds: Unfavourable sentiment development
  • Silver: Large discrepancy between bias and positioning
  • sentix Styles – Risk appetite and investor preferences

Click here for the full report

sentix Survey results (37-2026)

Print

Written by Patrick Hussy | 13 September 2026
Posted in sentix Weekly

Sentiment buy signals, robust bias, but positioning

Sentiment towards equities has deteriorated significantly once again in a very short space of time. For example, DAX sentiment has fallen to -35 percentage points, whilst the bias remains robust. Consequently, the time differential index has fallen to -48 percentage points – almost as low as in March 2026. The statistics are generating a series of buy signals. However, the quality of these signals is not entirely comparable. The investment ratios are too high for this. For bonds, counter-cyclical signals are on the rise. In addition to overconfidence, sentiment is also taking a toll. But how should this be assessed?

Further results

  • Bonds: Low sentiment, high levels of overconfidence
  • Gold mining shares: Extreme optimism
  • sentix sector sentiment

Click here for the full report

sentix Survey results (36-2026)

Print

Written by Manfred Hübner | 06 September 2026
Posted in sentix Weekly

Underlying confidence continues to rise

Investors remain cautious on equities in the short term, while medium-term underlying confidence continues to rise – a fundamentally positive signal for German equities as well. Support could also come from euroland bonds. Among precious metals, gold remains well supported, while silver stands out in particular on account of its still low positioning.

Further results

  • Euroland bonds: Negative sentiment, statistical opportunities
  • Silver: High underlying confidence, positioning lags behind
  • sentix Economic Index: Monday, 7 September 2026, 10:30 CEST

Click here for the full report

More Articles...

We use cookies and third-party services that store information in the end device of a site visitor or retrieve it there. We then process the information further. This all helps us to provide you with our basic services (user account), to save the language selection, to optimally design our website and to continuously improve it. We need your consent for the storage, retrieval and processing. You can revoke your consent at any time by deleting the cookies from this website in your browser. Your consent is thereby revoked. You can find further information in our privacy policy. To find out more about the cookies we use and how to delete them, see our privacy policy.

I accept cookies from this site.

EU Cookie Directive Module Information