Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Deep Data Analytics

Aussie market started with a bang after US rebound and then became a fizzer to end slightly negative. The global markets on Friday was hit by ECB back tracking on stimulus outlook and US Fed putting up a unexpected speech on Monday from a dovish speaker. The scare factor with dovish Fed speaker turned out to be a massive let down as she remained dovish. That drove the US markets into a rebound last night. The second piece to the puzzle in ECB will also deliver another update tonight….Super Mario to the center stage. US market is down 1.5% from the all-time high while the Aussie market is down over 7% from the recent high..… (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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