Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Deep Data Analytics

Aussie market Turn-bear for Malcolm Turn-bull’s first day in charge. The big picture globally still remains on tender hooks as far as what the US Fed interest rate cycle will deliver. Markets are expecting that the benign inflation, failing global growth and China slowdown will force US Fed to push back any rate change. If we do get a change, the Emerging Markets will get smocked and the flow on effects will hurt Australia as a commodity country. Chinese leadership are actively looking at options to stimulate their economy.Domestic politics fell back from comedy show about “lost in space” to action packed “hunger games: killing season 2”. Coalition has managed to backflip on the one thing that they got elected on…they won’t get rid of a first term elected PM like Labor. The risk is that as with previous government, these political last minute changes are about survival and very rarely about the country. Hence the global investors were once again hitting the exit button. (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.


Sign In or Join Free to comment