Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Deep Data Analytics

Aussie market popped high on the open before falling back to flat territory and trading sideways with lack of any real sentiment in any direction. The central bank worries are on the sidelines. US presidential debate worries have passed for now. RBA and US Fed speeches coming thick and fast, but no one really cares. AGM season is upon us and the guidance and outlook statements are key for the next few weeks. The yield trade will be back on as central banks sit back and the yield squeeze pulls back. We are in a week with very little macro while local markets are in school holiday low volumes. Federal government has maintains its “turn back” strategy on all their policies as back bench and cross bench pressure takes effect. The best performing sectors were Utilities and Staples while Gold and Energy were the worst. Interesting moves of the day….... (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.