ASX:EVT

Mathan Somasundaram

Whilst global markets have maintained positive momentum into 2017, valuations look stretched. Markets are going to run into the US reporting season given the US leadership change and the recent rally pricing due to the optimistic outlook. However, US fiscal policy uncertainty, historically low volatility, rising USD, rising yields and... Show More

Mathan Somasundaram

Market moved up again on weak sentiment with fundamentals remaining negative. Geopolitical risks in Turkey and Germany will add to the uncertainty for global markets. Local markets have reached 5600 again and weakening local economic outlook and emerging market risk will weigh on the index. The local market is at... Show More

Mathan Somasundaram

Market moved up and down like a headless chook before finishing negative on the risk that Chinese stimulus may wane after solid retail and factory data. We are seeing the early stages of friction between the corporatisation of the western fiscal policy rubbing against the authoritarian cohesion of the eastern... Show More

Mathan Somasundaram

Market closed positive despite multiple efforts to go higher were met by profit taking on the back of previous five out of the six days delivering negative returns. US market continues to hold stretched levels despite US dollar index beginning to roll over. Global markets continue to struggle with historically... Show More

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Mathan Somasundaram

Market is flip-flopping between aimlessness and profit taking mode ahead of the EU breakup worries and US Fed raising rates. Market continues to struggle with historically high commodity prices with historically high USD while US rates are going up and US volatility is going down….something has to give and that... Show More

Mathan Somasundaram

Global markets are flip flopping with the US market hitting all time highs. US fiscal policy uncertainty, historically low volatility, a rising USD, rising yields and stretched valuations are raising doubts on the recent exuberance in the equity market. Strong commodities along with a robust USD and rising yields suggests... Show More

Mathan Somasundaram

Market jumped higher on the back of US market bounce while overall macro concerns remain. There were clear signs that short covering popped the market from the open before rising tide raised all sectors into positive territory. Global macro remains uncertain with new US leadership policy settings delivering contradictory and... Show More

Mathan Somasundaram

Market fell from the open on global macro uncertainty before making a recovery to half the losses. The rising yields, historical high USD and relatively low volatility indices are pointing to high risk of profit taking driven by the US market. The global markets are likely to remain volatile and... Show More

Mathan Somasundaram

Market was mainly aimless as we lead the world on the bounce yesterday. Global markets are going to stand on the sidelines and see what happens in the biggest election circus of them all. The US election has been ugly and the outlook is for even more mess as we... Show More