The week ahead in Australia will no doubt be dominated – at least for those not more enthralled by Eurovision - by the outcome of the election which has seen the Coalition returned probably with a majority or as a minority. While there will no doubt be much debate about the... Show More
When we go into periods of big volatility like this, it is the amount of liquidity in the US wholesale system that decides how long that period of volatility will last. I think this period will last weeks rather than days. I think by the time we get to the... Show More
I spoke with Swiss financial television station Dukascopy TV about geopolitical event uncertainty, Australian AGM season and how can investors be smarter in their stock selection. Over the last 20 years, big positions in traditional Australian blue chip stocks have been rewarding for investors. BHP Billiton Limited and Rio Tinto... Show More
Chair of the US Federal Reserve, Janet Yellen, has sought to calm markets by saying a US rate rise is likely to happen this year. Her comments come after the Fed kept rates steady at its September meeting last week adding to volatility in the market. Show More
This week is going to be all about the US and the Federal Reserve's decision on whether it will raise interest rates. The market has only put a 30% chance on a rise but personally I think it’s too close to call. Show More
In The AFR today I report S&P will likely upgrade the major banks' stand-alone credit profiles from single "A" to "A+" if, as expected, they boost their Common Equity Tier 1 (CET1) capital by more than 120bps. The widely-accepted new-normal for the major banks' core equity is 10% of risk-weighted... Show More
The ASX200 index generated a technical sell signal at 5833 on 20/4/15. The expectation is for further significant downside to occur. (The rebound yesterday did not alter the negative technical view on the index). Show More
The ASX200 index major resistance barrier is located @ 5996, a level which has now capped the market rally on three occasions this year. The potential has now emerged for a technical top /sell signal to be generated. Important to note that a further decline is still required on the... Show More
Aussie market recovered back towards the top of the recent 6 week trading band high with better oil price and retail bargain hunting. Turnover was just above $3.8b. Today’s low volume retail push shows the lack of conviction in the market to push to 6000 without a rate cut. Consumers... Show More
Market View: We maintain a bullish long term view on the Australian equity market to reach 6500 in 2016. The RBA move in February has made equities as the preferred risk/return option for investors wanting more than 3% return in a rising cost environment. We expect global investors to come... Show More