labor day weekend

Sunset Strip > Trading Day Wrap From Blue Ocean 20170901

Mathan Somasundaram

Local market bounced on positive global sentiment before running into profit taking ahead of the long weekend in the US. The global market sentiment improved with solid economic data from China, US and Canada while Japan data supports accommodative BOJ stance for the medium term. The non-farm payroll data will... 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