Mathan Somasundaram

Local market ran into a surprise smashing with every sector in the red. US market risk with VIX jumping 20% intraday and Tech selloff spooked the market…while Japanese inflation proved that the low inflation outlook is a global problem. July count sits at 10 up days and 10 down days…in... Show More

Mathan Somasundaram

Aussie market's up trend is about to break as US optimism struggles to support stretched multiples. Aussie markets has experienced profit taking cycles every 2-3 months over the last year. We estimate downside risk in the short term to be around 5-7%. High PE growth stocks will once again be... Show More

Mathan Somasundaram

Aussie market started strong on global sentiment and then gave up some of the gains for profit taking before closing well in the positive territory. The main drivers were banks and miners. The market has moved from Brexit worry at the end of June to bulling sentiment on weak central... Show More

Mathan Somasundaram

Aussie market started positive on global lead and strong commodities and finished about the same level after pulling back a bit on weak Job market update. The Chinese NPC delivered a downgrade that most would have expected on the weekend while the stimulus plans are more about stabilising fear than... Show More

Rudi Filapek-Vandyck

Assuming BHP Billiton shareholders give their blessing over the proposed transaction at today's EGM, investors are going to ask the question: what to do with shares in soon-to-be-separated South32? Apart from differing views on the outlook for base metals and other commodities, history suggests the correct answer depends on what... Show More

Saxo Capital Markets Australia

With the slight recovery overnight of iron ore’s price, trading above US$ 50 per tonne, Saxo Capital Markets expects now the S&P ASX 200 to regain some positive momentum. Big miners BHP Billiton and Rio Tinto should push the index along with energy stocks, which should also perform well given... Show More

Clime Asset Management

The price of iron ore has fallen below $US100, and it could fall lower with global supply continuing to increase. The slump is not good news for our major iron ore miners BHP Billiton, Fortescue Metals Group, Rio Tinto and Mineral Resources. The iron ore price highlights a serious issue... Show More