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Market Wraps
sunset strip
Latest news and analysis on sunset strip
Equities
June 11, 2021 18:01
Growth and Inflation are two sides of the same coin
Local market had another positive day on weak turnover despite US inflation beating expectations. You know the market dynamics are messed up when core inflation beats...
Mathan Somasundaram
Deep Data Analytics
June 11, 2021 18:01
Equities
June 10, 2021 18:17
Are we going into a US corporate downgrade cycle?
Local market had a positive day on weak turnover. Markets are stuck on flip flop mode in recent weeks where one day’s move gets reversed the next day. It seems like...
Mathan Somasundaram
Deep Data Analytics
June 10, 2021 18:17
Equities
June 09, 2021 17:22
Chinese reflation is the new pandemic
Local market had a negative day on weak turnover. It started positive and then faded into the China inflation update. The fade turned into more of a slide lower after...
Mathan Somasundaram
Deep Data Analytics
June 09, 2021 17:22
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Equities
June 08, 2021 17:24
Even China can’t beat the reflation cycle
Local market had a slight positive day on weak turnover to reverse the slight loss yesterday. We are in the 12th consecutive week with aggregate weekly turnover below...
Mathan Somasundaram
Deep Data Analytics
June 08, 2021 17:24
Equities
June 07, 2021 18:01
Low volatility may be transitory
The local market had a negative day on weak turnover. We have started the 12th consecutive week with aggregate weekly turnover below $40 billion. The market was trying...
Mathan Somasundaram
Deep Data Analytics
June 07, 2021 18:01
Equities
June 04, 2021 17:18
What happens in US, won’t stay in US
The local market had another positive day with global investors buying our big cap market on relatively low turnover. Crowded trades in the micro-cap space continues...
Mathan Somasundaram
Deep Data Analytics
June 04, 2021 17:18
Equities
June 03, 2021 17:17
Where there is smoke, there is tapering
The local market had another choppy positive day on the back of global investors buying our market on relatively low turnover. It is a clear signal that global flows...
Mathan Somasundaram
Deep Data Analytics
June 03, 2021 17:17
Equities
June 02, 2021 17:42
Markets may ignore inflation but can’t ignore cost rises with reporting season approaching
Local market started choppy before global trade buying pushed the market higher all day in relatively low turnover. Even a better than expected Q1 GDP growth data...
Mathan Somasundaram
Deep Data Analytics
June 02, 2021 17:42
Equities
June 01, 2021 17:17
Gold is shining brightly in the macro madness
Local market started negative and recovered on global buying to finish red on a weak turnover day. We are on track for 11th consecutive week of aggregate weekly...
Mathan Somasundaram
Deep Data Analytics
June 01, 2021 17:17
Equities
May 31, 2021 17:28
You cannot beat the herd by running with it
The local market started positive before fading into negative territory on low turnover. We have started the 11th consecutive week of aggregate weekly turnover below...
Mathan Somasundaram
Deep Data Analytics
May 31, 2021 17:28
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