Holidays, data as a new quarter begins The ASX 200 looks set to start the new quarter in the red with SPI futures pointing to a fall of 33pts on the open
Scutt Partners
Holidays, data as a new quarter begins The ASX 200 looks set to start the new quarter in the red with SPI futures pointing to a fall of 33pts on the open. Despite the exceptional track record the index has in Q4, the index has rallied the past 5 years for an average gain of 3.35%, there is also a track record of early underperformance with the index logging falls on the first day of the quarter in four of the past five years. With thin market conditions and history working against it, a day of losses, albeit less than what SPI currently suggests, appears likely. (VIEW LINK)
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
Expertise
No areas of expertise
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
Expertise
No areas of expertise