us market risk

As the valuation gap between the US and the rest of the world narrows, we see value opportunities outside the US. Show More

Local market fell on global sentiment despite bounce in Iron Ore and Oil. US market heads the negative catalyst list. US market risk remains key for local market…(1) VIX looks to break above post election high (2) Russell 2000 (i.e. US domestic facing) has pulled back below 200 day MA... Show More

Market moved up again on positive global sentiment to deliver third straight positive day. The local market has now reached near 18mth high on price index while making new all-time high on accumulation (i.e. including dividend) index. The main market in focus is the US and history shows that there... Show More

Market was choppy all day but finished well in the positive territory to deliver the best week since mid-July. Get used to higher volatility…..it is going to be with us for the rest of 2016. Markets have priced in the optimism from the new US leadership while uncertainty still looms... Show More

Aussie market jumped out of the blocks on US sentiment and Oil price recovery. RBA minutes were as clear as mud. Three of the major four banks and MQG are now trading ex div while the market is trading at stretched multiples with very little chance of another rate cut... Show More

Aussie market held up against the negative global sentiment to deliver a positive day despite weaker commodities. The strong US retail data weak China data on the weekend should have driven the market negative, but investors are looking at more China stimulus as in 2015. The latest Steel data out... Show More

Aussie market pulled back to deliver another negative day as US data tonight and China data on Saturday points to macro risks. Currency is now below 73 cents and may have a 71 handle if the market flips the risk off trade. ANZ and WBC have already gone ex div... Show More

Aussie market ran out of puff after Westpac went ex div to deliver a slight negative day. The market opened up quite negative followed by a mid-day short recovery before trending slightly higher from the lows through the day. US market remains in a precarious position with growth outlook and... Show More

Aussie market was hammered on weak global market and commodities sentiment. After the recent China data showed that the Q1 sugar hit to boost growth was beginning to dissipate and the commodities were sitting on speculator support. Commodities were falling overnight like “election promises”. Iron Ore futures are now one... Show More

Slowing global growth, weak commodity prices and rising US inflation ahead of the US reporting season remain potential catalysts set to drive profit taking in early April. US Fed has locked its path to interest rate normalisation to the rising inflation band wagon. Despite weak expectations, the US reporting season... Show More