Sunset Strip | Aussie market was mainly unchanged on a low volume short trading day. The market was directionless with China data remains negative while the government moves to stimulate domestic economy. AUDUSD remains above 81 cents while volatility index has stabilising in the low teens. Globally, we expect Euro unrest driven by countries like Greece will force Germany to back ECB move for stimulus while China and Japan will continue to do domestic stimulus plans to drive local consumption. We expect commodity prices to remain at relative low levels with the commodity cycle now at a lower equilibrium as the emerging market growth outlook are downgraded. It's going to get tough in 2015, but quality growth and yield equities still remains the best risk/return option. ENJOY TONIGHT AND BE SAFE!!! (VIEW LINK)
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