Investor sentiment remains 'gloomy' despite February-March surge

Gold and cash decline

Investor sentiment improved by the largest month-on-month margin since August 2016 over February to March, but overall sentiment remains "gloomy", according to the latest Investor Sentiment Index from Lloyds Bank Private Banking.

Sentiment improved 5% overall as of 28 February, leaving Lloyds' measurement of market perception 0.5% lower than at the same time last year at 0.2%. Investor sentiment reaches new low on US recession fears The survey-  which comprises data from a YouGov poll of 4,801 adults, of which 1,182 were investors - revealed all asset categories saw overall growth in positive sentiment, with the exception of gold and cash, which fell by 2.2% and 0.6% respectively. Gold's decline marked the first drop in sentiment for the asset category in 2019, despite a 4% rise in real value, as well as an...