Aussie market was smashed in line with global markets as the yield squeeze from ECB taking the foot off QE and potential US Fed rate hike worry took its toll. Aussie 10 year bond yield popped above 2% after nearly 3mth. Bond markets were going through a yield squeeze after ECB decided to review their overall stimulus program and then one of the more dovish Fed governor’s is about to give an unexpected speech just over a week before the next meeting. We are likely to remain in negative bias till the end of the week to get more clarity on the US rate cycle…US Fed speech tonight, US Retail Sales on Thursday night and then US CPI on Friday night. Chinese Industrial Production on tomorrow, Japanese Industrial production on Wednesday, Aussie employment market on Thursday and BOE market update on Thursday night will be non US catalyst for the week. Interesting moves of the day… (VIEW LINK)
2017 - Now > Blue Ocean (AUS) > Market Portfolio Strategist 2012 - 2017> Baillieu Holst (AUS) > Head of Strategy, Quant and Data Analytics 2009 - 2012 > Bell Potter / Southern Cross (AUS) > Head of Quant and Data Analytics 2007 - 2009 > LIM...
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