sentix Survey results (41-2025)

Print

Written by Patrick Hussy | 12 October 2025
Posted in sentix Weekly

Too much of a good thing?

The past week has seen a series of news items, each of which could be hugely explosive in its own right. New tariff disputes between the US and China, a magical deal between AMD and Open AI, a stubborn shutdown in the US, peace in Gaza and government turmoil in France and Japan. The market cheers winners, the market penalises potential losers. Was this news perhaps too much of a good thing? There is movement on the currency market, where the US dollar is beginning to appreciate against the euro. There is also movement in precious metals.

Further results

  • Bonds: US Treasuries can hardly benefit
  • Precious metals: Bias decline indicates profit-taking
  • sentix sector sentiment

Click here for the full report

sentix Survey results (40-2025)

Print

Written by Manfred Hübner | 05 October 2025
Posted in sentix Weekly

Equity sentiment is turning bullish

The mood on the stock markets has brightened considerably over the course of the week. Investors are hopeful for the typical year-end rally. However, there remains an interesting divergence between the AAII US data and the sentix data. While investors in the sentix survey remain considerably irritated, we measure a high degree of polarisation in the AAII data. Signs of exhaustion are spreading among precious metals.

Further results

  • FX: Strategic bias is falling for EUR-USD and USD-JPY
  • Precious metals: First signs of exhaustion
  • sentix economic indices: Monday October 6th 2025, 10.30h CEST

Click here for the full report

sentix Survey results (39-2025)

Print

Written by Manfred Hübner | 28 September 2025
Posted in sentix Weekly

Significant increase in crude oil bias opens up price potential

Sentiment on the stock markets remains subdued. There is still a negative divergence in sentiment. We are seeing a significant increase in the strategic bias toward crude oil. This indicates a willingness to buy, which is rather unusual at this time of year. In contrast, fundamental strategic confidence in precious metals and bonds is crumbling.

Further results

  • Equities: Continued atypical sentiment development
  • FX: Euro strength likely to run out of steam
  • sentix investor positioning in equities, bonds and others assets

Click here for the full report

sentix Survey results (38-2025)

Print

Written by Patrick Hussy | 21 September 2025
Posted in sentix Weekly

Summer fears fade and confidence returns

The Fed is cutting interest rates for the first time in 2025 and professional investors are recognising this with a falling perception of the value of US bonds. While this is certainly a critical factor for bond investors, on the other hand it is causing investors to look upwards for equities. The bias for US equities in particular is increasing significantly, while at the same time summer fears are subsiding. This is accompanied by a series of overconfidence signals. The emerging markets are also creating a favourable mood.

Further results

  • Equities: Overconfidence on the rise across the board
  • Emerging markets: bonds and equities are in vogue
  • sentix Styles - Investor preferences & behavior

Click here for the full report

sentix Survey results (37-2025)

Print

Written by Manfred Hübner | 14 September 2025
Posted in sentix Weekly

The negative sentiment divergence persists

With a slight delay, the AAII index now also reflects the decline in bullish sentiment on the US stock market. Such a clear disconnect between sentiment and price must be viewed as negative sentiment divergence. This type of divergence regularly occurs before a market peak. In contrast, sentiment towards gold is excellent, as is the underlying confidence in gold mining stocks.

Further results

  • FX: Renewed overconfidence signal for EUR-JPY
  • Gold: In high spirits
  • sentix sector sentiment

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