Livewire has acquired Market Index, the country’s leader in free stock market data.
Find out why.

Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Deep Data Analytics

Aussie market started positive on positive global sentiment before giving up half the gains as the day went on. The market realised that the ECB has thrown everything on the table and will be accommodative for few years of low growth. PBOC is on media frenzy mode to explain allowing the Yuan fall after negative data without doing more stimulus for now. BOJ is expected to deliver their latest view on the economy tomorrow and we don’t expect much on this front. US Fed on Thursday morning is what it’s all about. If the US Fed turns dovish and stays put, we expect AUDUSD to make a step up and drag all the yield stocks with it. If the US Fed takes the rates higher, then AUDUSD will fall with the markets. The US Fed could downgrade and keep rates on hold but remain hawkish on rates. That will also trip the markets as expectations are for 1-2 rate rises in 2016 while US Fed has 4 in mind.…. (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.