sentix Survey results (31-2023)

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Written by Manfred Hübner | 06 August 2023
Posted in sentix Weekly

Fat slump in sentiment

The surprisingly marked correction in equities has led to a significant deterioration in sentiment. The bulls are pulling back sharply. This opens up a short-term contrarian potential. However, not only because of the typical August seasonality, this is likely to unfold fully only with an investment period of more than 2-3 weeks. Usually, this kind of sentiment slump is followed by a second "leg" after a short-lived recovery bounce.

Further results

  • Equities: Basic strategic confidence rises by majority
  • USD-JPY: Central bank turns investor bias around
  • sentix economic index: Monday, 07. August 2023 at 10:30 CEST

Click here for the full report

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