commodity cycle

Mathan Somasundaram

Market followed the global positive sentiment higher as expectations of ECB delivering more stimulus. We don’t think the ECB is going to come out and spend more…but more likely to play defence by stretching out QE time frame to reduce uncertainty in 2017 when the EU super powers like Germany... Show More

Mathan Somasundaram

Aussie market started slightly positive before pulling back to negative territory and reverse yesterday’s performance almost sector by sector. The resource stocks were the only real positive performers with Gold stocks leading the way as USD weakens. Unlike the last few days the market big moves on result were all... Show More

Mathan Somasundaram

Aussie market pulled out sixth straight positive day on low bank holiday volume despite weak US growth and mixed China data. That makes it 25 positive days out of the last 32 trading days since mid-June and it also starts the week positive after 3 straight weeks of positive return.... Show More

Mathan Somasundaram

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

Mathan Somasundaram

Aussie market moved up on the back of banks despite falling commodities and weak global sentiment. Aussie market today can be explained as a tale of two cycles. Despite the short term profit taking worry, we continue to remain positive on the medium to long term outlook for the equity... Show More

Mathan Somasundaram

Aussie market started negative and finished negative after pulling back to even on the back of banks. The market was a tale of two cities. Resources maintain the negative sentiment as commodity prices pullback and the Financials were showing strength with Banks and Property Trusts leading the way. Banks are... Show More