Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Deep Data Analytics

Aussie market starts the week with a negative day as US markets show signs of rolling over as US Fed prepares the market for further tightening. We have a US Fed speaker tonight and tomorrow we have RBA Governor speaking. There are more RBA speeches later this week, but the key will be US Fed Chair Janet Yellen’s speech on Friday. Central bank risks with weak commodities are going to remain an overhang on the market over the next 2 months. Get ready for Aussie and US elections to get nasty….”Brand is Crisis”. Political parties with weak policies inevitably resort to scaremongering to get elected…it’s a well-worn path for old school politicians…declining consumer sentiment will be considered as collateral damage!!! (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...

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