Sunset Strip | Aussie market moved against the trend of global markets and commodities to deliver 6th straight positive day

Mathan Somasundaram

Deep Data Analytics

Sunset Strip | Aussie market moved against the trend of global markets and commodities to deliver 6th straight positive day. The recent market action is beginning to look like the global investors are returning to Australia with currency hitting high 70's. After leaving around the low 90's, it makes sense for global investors to return as the downside risk on currency now is only a few cents while the Aussie equity yield is double most global bond yields. As we have been expecting, US Fed is starting to change their rate rise outlook from Q2 to Q3 with low inflation and low wages growth. RBA will be forced to cut rates after the budget to keep consumer sentiment from shutting economic activity down with an in-active government. We expect global investors looking for high sustainable yield to come back to the Aussie market once the currency stabilises around the mid to high 70's....then again it may have already started!!! SHORT TERM MARKET BUY CALL on 22nd Jan 2014 with expectations of positive ECB QE announcement. (VIEW LINK)


MORE ON



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...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.