Sunset Strip > Trading Day Wrap From Blue Ocean 20170607
Local market opened lower before bouncing on GDP data matching expectations. There was big scare being set up that we may be heading into negative quarter, but it was anemic growth instead. The only other main catalyst was the opportunistic bid for VOC by KKR. It is all about the global sideshows…US Comey show…UK elections…ECB update…all performing in the next few days. Currency worries are key in all markets as global investors run for safety…bonds and gold on the move higher. Global investors are more worried about currency devaluation risk that over stretched valuation…i.e. falling AUDUSD worry hitting local markets.
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Over 30 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 CEO at Deep Data Analytics (www.deepdataanalytics.com.au) which is an integrated data analytics driven investment strategy service provider.
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Over 30 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...
Expertise
Over 30 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...
Expertise
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