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 maintains the negative run on “Fed Scare” and closed negative to deliver third straight negative week despite positive sentiment in commodities. The better than expected China data yesterday against weaker than expected US data overnight helped to support commodities. Better commodities drove resource sector higher while yield trade sectors (i.e. financials) and stocks (i.e. TLS) were seeing selling pressure ahead of US non-farm payroll data. The market has moved from bottom-up stocks update to top-down macro updates. There is no macro risk bigger than US Fed putting up rates. The market’s negative sentiment will turn on a coin if the nonfarm payroll data tonight is weak…market expectations are for 180,000.…....…. (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.