Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Deep Data Analytics

Aussie market gave up Friday’s bounce and more before recovering to reduce the loss after negative global lead. Conspiracy theorist may say there was some window dressing on Friday for the month end performance before the money flowed out again. The RBA meeting tomorrow will be a fizzer as RBA is unable to move with property prices at bubble level in the two key cities. June is the tax loss selling month and the dogs will see more selling pressure in the early part of the month. Just to keep the water muddied, S&P will announce index changes on Friday as well. Greece default on the other hand is not in the short term interest of the Greeks or EU and thus the game theory suggests that we will have a deal in the end. Chinese markets are up nearly 5% now on stimulus hope. There are some big risks in the Chinese markets at the current pace. (VIEW LINK) NEXT EDITION ON 5th JUNE > ON A MARKETING TRIP AROUND VICTORIA


MORE ON



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.