"This, together with benign developments in the economy more widely, should bolster short-term sentiment and activity," he said.
Nick Bubb at Arden said: The first quarter update (for the three months to end June), ahead of the Marks annual meeting, will be key to short-term sentiment and will hopefully show that Marks is keeping its nose above water and ahead of a pretty tough market.
Finally, short-term sentiment measures have not reached levels that marked recent market peaks.
Short-term sentiment, as measured by customer buy-to-open put and call activity on the International Securities Exchange, is moving out of an extreme optimistic condition.
The bottom line is that the SPX once again failed to close above its 160-week moving average, even as short-term sentiment quickly moved out of a pessimistic extreme.
This potential support comes with a price, though, as a breach of these trend lines will signal that the VXO is likely to move higher over the short term, indicating a shift in the short-term sentiment picture as sentiment begins to swing more heavily to the fearful side.
Equities are never safe in the short term because sentiment can drive the economy down, but in the long term equities offer relative value".
In the short term, such sentiments may help cool the dispute.
In the short term at least, sentiment about ITV will most likely improve though longer-term questions posed by emerging new media and on-demand market places will remain.
In a reduce note, analysts at Numis said: In a deal that we see as being a short term positive for sentiment, Intu has sold Bromley slightly ahead of book value.
"Nonetheless, prices were bound to react negatively in the short term in view of the negative market sentiment".
