Sunset Strip (Afternoon Report) | Aussie market pulled back and then recovered to be mainly flat with global lead despite Iron Ore bouncing back a few dollars
Sunset Strip (Afternoon Report) | Aussie market pulled back and then recovered to be mainly flat with global lead despite Iron Ore bouncing back a few dollars. Few brokers have called the bottom of Iron Ore in the past few weeks, but the market is still not convinced. The questions for tonight are -How low can Mario go? and Will Super Mario deliver pleasure or pain? We shall find out later tonight. We do have multiple macro data coming from China and Euro tomorrow but US employment data out Friday night will be the next big macro event. Aussie market closed down 0.15% while turnover was just above $4.2b. (VIEW LINK)
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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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