Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Deep Data Analytics

Aussie market aimlessly went down suffering from international cold and domestic flu. Chinese leadership was out in force reiterating the positive of their economy and expectations of stabilisation to come through. The better than expected inflation data and more stable Shangbang supported that view. Japan is once again showing signs of weakness and we are not far from more stimulus to keep the show going. Australia is sleepwalking into a stagflation that could be avoided. Markets are treading water waiting for US Fed call on US interest rates. We still remain that it will be pushed back to Nov/Dec with China slowdown and Euro refugee crisis. Small caps outperformed large caps today as market sees better growth in the small industrials. New economy continues to outperform the old economy with IT sector leading the pack. (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.

Comments

Sign In or Join Free to comment