With the exception of Austria, investors’ economic expectations rise for all major world regions. Of particular significance is the change of economic trend in Asia ex. Japan. The sentix Economic Index for the Euro area continues to rise, gaining +3.4 points, reaching +15.1 points in November. For Eastern Europe the sentiment index has also rising, from -12,7 to -6,8 points, but still in the negative territory.
Despite latest developments in Europe’s migrant crisis, negative effects on investors’ economic expectations for the euro area are not visible. Current situation and expectation values are likewise strengthening.
Within Europe, expectations rise for Germany and especially Switzerland while Austria lags behind. Reason for rising economic expectations is gaining confidence in Asian markets. The index for “Asia ex. Japan” gains solid +10.3 points thus vitalizing economic expectations for the rest of the world as well. Relative gainers are Japan and Latin America.
Euro area – economic upturn continues
Despite latest developments in Europe’s migrant crisis, negative effects on investors’ economic expectations for the euro area are not visible. Current situation and expectation values are likewise strengthening. Analysing the differences between Germany (headline reading of +2.3) and Austria (headline reading of -7.3) the sentix data reveals an economic trend reversal at international level is likely the cause of those divergences. Apparently not migration crisis related policies or sentiment towards it.
On a weekly basis, more than 5.000 registered investors (of which over 1,000 are institutional investors) supply us with their market assessments. Out of this data, sentix calculates sentiment indexes, which mirror the sentiment of equity markets (DAX, EuroSTOXX 50, Nikkei 225, S&P 500), bond markets (Bund-Future, US-Treasury-Future) and currencies (EUR/USD, USD/YEN). These sentiment indexes are setting the standard, held in high regard by many renowned financial players and are used by investment professionals in their analyses and investment processes. A history of more than 13 years and the simple access to data via reputable data providers as well as a website document the outstanding position of sentix as the leading independent sentiment data base.