Mathan Somasundaram

Aussie market started in a rush to push through all the trades from yesterday in the open before settling into an up and down day to finish slightly positive and no real sentiment ahead of BOJ and US Fed. Aussie market is holding to the optimism like bulldog but the wait is over….the macro deluge is nearly coming to an end…BOJ tomorrow and US Fed the morning after. Local RBA minutes reaffirmed our view that RBA will not be cutting rates again in 2016 while house price growth has already seen the best times. (VIEW LINK)


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