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Mathan Somasundaram

Aussie market maintained the negative sentiment from last week to deliver another big negative day as banks were hammered. Globally it’s all about the US Fed and what tone Janet Yellen is going to take overnight. We expect to get FOMC chairwoman to become more hawkish than in March and... Show More

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Mathan Somasundaram

Aussie market started negative and went further negative as RBA opened the door for more rate cuts as the economy slows down. The global sentiment from the Japanese negative rates move on the currency war was abating while RBA delivered as expected. Despite the overnight strength in the currency, RBA... Show More

Mathan Somasundaram

Aussie market started positive and then pulled back after solid inflation data and continued weaker China data. The Japanese negative rates and weaker US growth gave the Aussie market a strong lead while the strong inflation data reduced the probability of another rate cut and weaker China data created China... Show More

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Mathan Somasundaram

Aussie market started positive and then ran out of puff before BOJ’s negative interest rates announcement pushed it into the positive territory. The Japanese markets moved from negative 0.5% to positive 3% and then fell back down to negative 1.5% before moving up positive 2%. If you bought and sold... Show More

Mathan Somasundaram

We remain bullish long term while expected short term January profit taking remains after late December rally. US Fed raising rates strengthened the USD and forced China to devaluate the Yuan with the slowing economy. The devaluation of the Yuan has started the rebalancing of manufacturing away from US, Germany... Show More

Mathan Somasundaram

We remain bullish long term while expected short term January profit taking remains after late December rally. US Fed raising rates strengthened USD and forced China to devaluate Yuan with slowing economy. The devaluation of the Yuan has started the rebalancing of manufacturing away from US, Germany and Japan and... Show More

Mathan Somasundaram

We maintain our bullish long term view while the rise in US interest rate will deliver short term volatility. A recovering global macro, low interest rate environment, falling currency, lower commodity prices, potential stimulus from Europe/China/Japan and domestic rate cuts with weaker economy will help drive domestic equity markets higher.... Show More

Mathan Somasundaram

Despite the short term negative sentiment in yield stocks on the back of global investors selling, investors will start to chase high yielding stocks in an environment of low interest rates and lower growth. Global growth will remain low for longer while central banks provide support to avoid any recession... Show More

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Mathan Somasundaram

We maintain our bullish long term view while the US interest rate cycle will deliver short term volatility. A recovering global macro, low interest rate environment, falling currency, lower commodity prices, potential stimulus from Europe/China/Japan and domestic rate cuts with weaker economy will help drive domestic equity markets higher. As... Show More