Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Deep Data Analytics

Top ten reasons why risks are high for Australian market (1) China growth worries are back (2) Greece facing risk of leaving EU while taking reserves from all parts of the government to pay the bills (3) US inflation up for 3 months in a row to put pressure on US Fed to push up interest rates in Sep (4) Major commodities that make or break out terms of trade are facing oversupply and falling demand (5) Astonishing and statistically unbelievable employment data puts May rate cut in doubt (6) Budget plans do not make sense as it is expected to deliver handouts to special groups, families friendly outlook, reducing debt and setting a credible path to surplus (7) RBA concerned about housing bubble and household debt at historical high (8) US Fed moving back to currency war and China stimulus pushing up AUDUSD (9) RBA playing with fire by jawboning the currency down without the fire power to back it up (10) “Sell in May and go away” is only 2 weeks away . (VIEW LINK)


Mathan Somasundaram
Founder & CEO
Deep Data Analytics

Over 25 years’ experience in the finance/tech industry. Mathan has worked extensively in all parts of the finance sector (i.e. County NatWest, Citi, LIM, Southern Cross, Bell Potter, Baillieu Holst and Blue Ocean Equities). Currently Founder and...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.