us market deathcross

Mathan Somasundaram

Aussie market moved up and down and finally finished mainly flat. There is enough negative news that can derail optimism in early March. The currency is holding up like a rock and we will need RBA to move on rates to get that down. It’s time to buy some gold... Show More

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Mathan Somasundaram

Aussie market started positive and then got hammered on bank selling before crawling back to a slight positive close. Save some gun powder as the market is likely to pull back in the first half of March unless RBA steps up and cuts interest rate proactively in March. We expect... 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