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Market Wraps
sunset strip
Latest news and analysis on sunset strip
Equities
July 21, 2021 18:09
Central Banks to prioritize asset bubbles over the economy
Local market started strong positive on global buying before fading through the day to finish positive. Asian markets were choppy after US markets bounced back to...
Mathan Somasundaram
Deep Data Analytics
July 21, 2021 18:09
Equities
July 19, 2021 17:39
Fading growth recovery and US reporting season
Local market started negative before Banks recovered and reduced overall market underperformance. Markets continue to struggle for sentiment in the recent week. Size...
Mathan Somasundaram
Deep Data Analytics
July 19, 2021 17:39
Equities
July 16, 2021 17:48
Greed makes the world go round
The local market started negative and ground its way back to flat territory before the pump at the close delivered a slightly positive day. The market has been...
Mathan Somasundaram
Deep Data Analytics
July 16, 2021 17:48
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Equities
July 15, 2021 17:37
The bond rally drags gold higher as equities drown in stimulus
The local market started positive and then faded through the day, with slowing China data and Melbourne lockdown adding to the negative sentiment. Mid-caps were the...
Mathan Somasundaram
Deep Data Analytics
July 15, 2021 17:37
Equities
July 14, 2021 17:42
Earnings upgrade cycle is in the price while cost inflation cycle is being ignored
Local market started positive and then faded to flat before late buying pushed it back to positive territory. It was a day when size and sector mattered. Mid Caps were...
Mathan Somasundaram
Deep Data Analytics
July 14, 2021 17:42
Equities
July 13, 2021 18:14
The Fed will always do the right thing (once all other possibilities are exhausted)
The local market started on a strong positive footing before fading to close flat on the day. There was an interesting divergence between risk managing global...
Mathan Somasundaram
Deep Data Analytics
July 13, 2021 18:14
Equities
July 12, 2021 17:33
Central Banks talking hawkish and walking dovish
Local market followed the US market by bouncing back from the bash day. It was a low turnover day and global guys were the main traders in the market. European and...
Mathan Somasundaram
Deep Data Analytics
July 12, 2021 17:33
Equities
July 09, 2021 18:10
Mockdown to lockdown with Delta
The local market was hit hard from the start and recovered at the close to finish a negative red day similar to US markets overnight. The US market was bashed at the...
Mathan Somasundaram
Deep Data Analytics
July 09, 2021 18:10
Equities
July 08, 2021 17:37
Global Economy has become the Central Bank’s augmented reality show
Local market started positive and then faded to negative territory after lunch before recovery back to slight positive by the close. It was another weird day of low...
Mathan Somasundaram
Deep Data Analytics
July 08, 2021 17:37
Equities
July 07, 2021 17:31
Bond yields slide ahead of US Fed minutes
Local market reversed the losses from yesterday with a positive day. It was out of synch with the rest of the market but that’s nothing new. European and US markets...
Mathan Somasundaram
Deep Data Analytics
July 07, 2021 17:31
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