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Mathan Somasundaram

Market fell on the open with uncertain central bank outlook before trading sideways and choppy for the rest of the day. US job data tonight will be key catalyst short term. We remain of the view that we should see some economic weakness into the election while US Fed will... Show More

Mathan Somasundaram

Aussie market popped up on strong commodities and then gave it all back before making a slight recovery on resources and utilities. The main sectors driving the market higher today were resources and utilities. DUE carried the utilities sector higher as market fell in love with over 7% yield on... Show More

Mathan Somasundaram

Aussie market started positive and remained there as global markets turned optimistic with more stimulus coming from ECB and also potentially from BOJ. Japanese markets bounced 5% today while European markets were all a sea of green overnight. As we mentioned before the US and China risk can be pushed... Show More