Aussie market pulled out another positive day despite overall negative sentiment in Asian markets after US Fed inaction and before BOJ stimulus rain. That’s 23 positive days out of 30 trading days since mid-June. Markets are way too calm and volatility indices keep falling….bond yields fall down to 1.87%. US... Show More
Aussie market started with a rocket on the back of health care sector in the first hour and then went sideways for the rest of the day. Even if it’s not window dressing for the end of quarter and end of financial year, the bounce in the market form the... Show More
Sector Talking Points: Financial sectors remain the place to be despite regulatory risks and asset bubble risks. Resources are expected to deliver a short term bounce as China worries are overblown. The overall ranking suggests that Diversified Financials still remains the best risk return sector in the market. The Utilities... Show More
Aussie market ran into unexpected ANZ cap raising and higher than expected unemployment and came out second best. Investors were selling the banks as the other three could be doing the same anytime soon as well as funding source for ANZ raising. The macro scene was not great with unemployment... Show More