sentix Survey results (44-2021)

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Trick or Treat

Such a clear break in the crude oil bias should soon have consequences for oil prices. Over the past five weeks, the strategic bias has shed 24 percentage points. Both the absolute (negative) level and the rate of change of the indicator suggest declining crude oil prices. This should take some of the pressure off central banks to act. The interest rate market could benefit from this.

Further results:

  • Equities: Halloween party
  • Bonds: Trick or Treat
  • Crude oil: Bias slides
  • Precious metals: Silver picks up

Click here for the full report (requires a sentix registration)

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