Motorbike Rider Catches Wave in Thaiti? | Crude Oil Falls as Iran Lifts Supply... | Greece Stock Market - 16% as Trading Resumes... Ouch... |

Niv Dagan

Peak Asset Management

So… last night stocks fell (Dow – 91 points), as the energy sector took a tumble, following Iran’s decision to boost supply. Gold is also ready to move lower, as the USD strengthens… In other macro-news, Greece’s stock market fell 16% yesterday, as trading resumed…. Ouch… ouch… ouch…. What's on today? Australia trade balance, retail sales, RBA on rates announcement; US factory orders. "We expect the RBA will decide to keep rates on hold," says Bill Evans Stocks in focus Citi currently has "neutral" ratings across the banking sector. Major bank order of preference – NAB, ANZ, CBA & WBC. For the regional banks we favour BOQ over BEN. The SPI is pointing to a 2 point fall this morning


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Niv Dagan
Niv Dagan
Executive Director
Peak Asset Management

Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional,...

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