Sunset Strip > Trading Day Wrap From Blue Ocean 20170424

Mathan Somasundaram

Deep Data Analytics

Local market popped on the open with French election result before sliding to close a slight positive day. The French elections goes to stage 2 as both major parties miss out…Le Pen faces Macron in final round of French presidential election…market remains positive that EU will survive on the back of Macron…the non far right parties are expected to swing their support behind Macron!!! IT, Banks and Discretionary Retail were the best sectors while Property, Miners and Telcos were the worst. North Korea remains on the war talks while China and US play politics…US VP leaves Australia today…even a strike will not change anything as China is not going to let US take charge…like Syria and Russia. US consumers are beginning to show the inequality of the US economic recovery….US new home sales tomorrow will be another test for the new leadership…consumers losing interest in tax cuts.

 

Click here for the full report...

 

(VIEW LINK)

 


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...

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.