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Mathan Somasundaram

Aussie market started negative on global sentiment and then ran into global investor selling after employment data directly from the “Never Never Land”. ABS announced that Australia created over 70,000 new jobs while consensus expectations were for a loss of 10,000 jobs. The market is going to remain volatile till... Show More

Mathan Somasundaram

Aussie market took profit after 5 straight positive days with growth downgrade and falling consumer sentiment pushing global investors on currency worries. US Fed stuck to their boring time table and did not make any statements after their unscheduled meeting. Nothing in life is certain, but the December US rate... Show More

Mathan Somasundaram

We maintain a bullish long term view while short term volatility expected with US Fed raising rates in December. Markets have already started to chase high yielding stocks in an environment of low interest rates and lower growth. Global growth will remain low for longer while central banks provide support... Show More