wages growth

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market bounced as on the back of resource sector due to a slight recovery in Oil and AUDUSD. Since the US Fed started talking rate hike potential, USD has been going up while commodities and AUD has been going down. US Fed continues to deliver a lot of hawkishness,... Show More

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Aussie market started negative on commodity weakness and then ran into Yuan devaluation, weak wages growth and housing bubble worries that knocked the air out of it. PBOC again moved the peg down for Yuan and sent the market into worry mode on how far the devaluation will go. Iran... Show More