Sunset Strip > Trading Day Wrap From Blue Ocean 20170707

Mathan Somasundaram

Local market ran into a global selloff with investors worried about bond market worries. Apart from the miners, every other sector saw pain after similar selloff in the US market overnight. NASDAQ showing more weakness…already below 50 day MA and heading towards 100 day MA…last time it broke 50 day... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market jumped on the open and then traded sideways. The market sentiment was still lacked conviction despite weak US employment data. Market was expecting 180,000 while the data came in at 151,000. We did warn that historically August non-farm payroll is weak and the smart money had it around... Show More