Aussie market started positive and went further north due to Resources optimism driven by China data, Oil optimism driven by potential Doha deal and the Financial optimism driven by US result season. After three consecutive negative weeks, we expected a bounce this week in like with the trend from the... Show More
Aussie market started positive on global sentiment and remained there as the end of month and quarter rolled over. Aussie market is trading on synch with US market after US Fed moved to water down rate rise cycle and deflate the USD. US corporates are not seeing better growth outlook... Show More
Aussie market started positive and finished positive despite wobbling around with weak China data and RBA keeping rates on hold. The Bank sector dividend yield to bond yield gap only reached these levels in 2008 and 2011 and both times the market bounced hard on yield trade. In an environment... Show More
Aussie market started positive and then ran out of puff by the close to finish mainly flat. Gold sector remains key with rising market risk as the Spot Gold in USD creates a positive technical signal and Spot Gold in AUD remains in historical high levels. Latest data out of... Show More
Aussie market moved up and down and finally finished mainly flat. There is enough negative news that can derail optimism in early March. The currency is holding up like a rock and we will need RBA to move on rates to get that down. It’s time to buy some gold... Show More
Aussie market started positive and then got hammered on bank selling before crawling back to a slight positive close. Save some gun powder as the market is likely to pull back in the first half of March unless RBA steps up and cuts interest rate proactively in March. We expect... Show More
Aussie market started negative on commodity weakness and then ran into Yuan devaluation, weak wages growth and housing bubble worries that knocked the air out of it. PBOC again moved the peg down for Yuan and sent the market into worry mode on how far the devaluation will go. Iran... Show More
Aussie market started positive before pulling back to finish negative on China Yuan devaluation and Oil price falling in Asia. PBOC moved the peg down for Yuan the most in six weeks while Oil started to pull back on Iran adding to oversupply worries. OPEC is still holding fire on... Show More
Aussie market started positive with miners before banks joined in to push it even more to close just above the psychological 5000 mark. The morning strength in miners was due to recent strength in Iron Ore, but the main catalysts are post Chinee New Year re-stocking and some supply side... Show More
Aussie market pulled back with usual Friday profit taking as investors were not willing to carry risk into the weekend. The bounce with Oil took a breather as Saudi Arabia confirmed they were talking about freezing and not cutting supply. Non OPEC and OPEC countries will have to come up... Show More
