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

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)