Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Deep Data Analytics

Market is back in profit taking mode as we run into the last two weeks before US Fed raising rates while Italian referendum and Austrian presidential election sets the scene for EU breakup. We have historically high commodity prices with historically high USD while US rates are going up and US volatility is going down….something has to give and that is likely to be the stretched US markets!!! Global markets have had a post US election relief rally. We don’t see the inflation growing out of control in the US and the most likely scenario is that US Fed flattens out the curve after the raise in Dec. Locally we don’t see any chance of a rate rise in 2017 while rising AUD and retail price war will keep inflation lower than expected. Today’s negative performance was mainly driven by Resources and Financials while Gold, Telcos and Utilities were the only once in positive territory. For the full report… (VIEW LINK)


MORE ON



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.