sentix Survey Essentials (English)

File: sentix ASR Essentials 24-2014

pdf.png
Uploaded:
07.07.14
Modified:
14.07.14
File Size:
457 KB
Version
1.0

Macro moves seen as less Bond-supportive

The latest Sentix survey underlines the ongoing improvement in sentiment towards equity markets (see Page 3), set against a less upbeat view on European bonds. While the past week has seen medium-term sentiment readings for Bunds tick a little higher, they remain well down from their May high-point, even as Bund prices have remained firm. This caution chimes with other readings that also indicate that survey participants view economic developments and inflation as having become less bond-supportive in the medium-term (Charts 2 and 3, page 2). Investors' caution on European Bonds may in part be reflecting changing opinion on the macro backdrop, and its implications for Bonds.

 

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