Sunset Strip > Trading Day Wrap From Blue Ocean 20170413

Mathan Somasundaram

Deep Data Analytics

Local market fell from the start and stayed down as commodities slide started to weigh on markets. Yen trade continues to hammer the Japanese markets…but the global investor flow out of Japan to Aussie banks are beginning to slow down.  It is the last day of trading before we go into a four-day long weekend…investors do not want to leave global markets open to US/Russia/Syria/China/North Korea for that long…as expected profit taking hit us and likely to play out globally. US volatility index bounced hard in the US over the past few days…Australia will follow soon…time to be patient in uncertainty.

 

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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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