Sunset Strip (Afternoon Report) - Aussie market maintained the positive sentiment from the end of last week following positive Global markets on stimulus hope

Mathan Somasundaram

Deep Data Analytics

Sunset Strip (Afternoon Report) - Aussie market maintained the positive sentiment from the end of last week following positive Global markets on stimulus hope. Since the markets have priced in manufacturing slowdown on a global basis, US/Euro action against Russia have been irrelevant and China slowdown reduces credit risk, we have turned short term positive (i.e. on 25th March) with local markets to benefit from nearly $10b dividends being reinvested. Strong finish to the quarter today may take some steam out of tomorrow. (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...

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