Sunset Strip (Afternoon Report) | Aussie market jumped up on the global lead with ECB's move to stimulate growth
Sunset Strip (Afternoon Report) | Aussie market jumped up on the global lead with ECB's move to stimulate growth. Despite Iron Ore prices holding and brokers calling the bottom, market is still not jumping into the miners with currency moving up. Now we wait for US employment data coming out tonight. Positive employment data in the US should set a very positive tone for next week, but we have an extra day off to see the global markets go again on Monday. Even if it is negative, markets may just blame the weather and move past it. You never know how it will turn out in this Central Bank made market conditions. Aussie market closed up 0.50% while turnover was just below $4.7b. (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Over 30 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 CEO at Deep Data Analytics (www.deepdataanalytics.com.au) which is an integrated data analytics driven investment strategy service provider.
3 topics
Over 30 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...
Expertise
Over 30 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...
Expertise
Comments
Comments
Sign In or Join Free to comment