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sunset strip
Latest news and analysis on sunset strip
Equities
September 02, 2021 18:05
China is turning the cycle
The local market started with a drop and then spent the whole day recovering, ending the session in negative figures. Unlike yesterday, the initial fall was further...
Mathan Somasundaram
Deep Data Analytics
September 02, 2021 18:05
Equities
September 01, 2021 17:48
Markets trust Central Banks as much as they trust OPEC
Local market started with a drop and then spent the whole day recovering back to finish a slightly negative to start the new month. The initial selling was at large...
Mathan Somasundaram
Deep Data Analytics
September 01, 2021 17:48
Equities
August 31, 2021 17:38
China making waves in a world with no reform
Local market had the usual month end pump to get profit taking into the close to deliver a positive day. Resources were negative after weaker than expected China data...
Mathan Somasundaram
Deep Data Analytics
August 31, 2021 17:38
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Equities
August 30, 2021 17:58
JPow delivers more delays
Local market had a choppy positive day that started negative and grinded back to the positive territory. The big three miners (BHP, RIO and FMG) held the market from...
Mathan Somasundaram
Deep Data Analytics
August 30, 2021 17:58
Equities
August 27, 2021 18:34
JPow unlikely to rock the boat at JHole
Local market had a choppy flat day as global markets wait for Jackson Hole (aka JHole) symposium update. We are finishing this week with 2 negative days after starting...
Mathan Somasundaram
Deep Data Analytics
August 27, 2021 18:34
Equities
August 26, 2021 18:30
US Fed to deliver alternative facts at Jackson Hole
Local market was negative and choppy all day before finishing near the lows of the day. We have now into an up and down week after last week delivering the first 5...
Mathan Somasundaram
Deep Data Analytics
August 26, 2021 18:30
Equities
August 25, 2021 18:05
China thinks US Fed won’t taper
Local market started positive and then fading to nearly flat before a last hour pump finished it positive. We have now delivered 3 consecutive positive days after a...
Mathan Somasundaram
Deep Data Analytics
August 25, 2021 18:05
Equities
August 24, 2021 18:08
Truth is the first casualty of war
Local market started the relatively positive on US lead before fading to finish slightly positive. We have now delivered 2 consecutive positive days after last week...
Mathan Somasundaram
Deep Data Analytics
August 24, 2021 18:08
Equities
August 23, 2021 17:12
Tapering worries moving from Rabbit Hole to Jackson Hole
Local market started the new week with a positive day after five consecutive negative days last week. Last week was the first 5 consecutive negative days since Feb...
Mathan Somasundaram
Deep Data Analytics
August 23, 2021 17:12
Equities
August 20, 2021 18:42
Stagflation risk rising for stimulus addicted markets
Local market started positive and faded into a mainly flat day. We have just delivered the first week with all 5 days being negative since Feb 2020 (i.e. pandemic...
Mathan Somasundaram
Deep Data Analytics
August 20, 2021 18:42
Equities
August 19, 2021 17:27
Race to the bottom in real growth is driven by excessive stimulus
Local market started substantially negative and then recovered some losses to finish negative. Relatively low turnover continued into the nineth week in a row without...
Mathan Somasundaram
Deep Data Analytics
August 19, 2021 17:27
Equities
August 18, 2021 18:20
AUDUSD may be the canary in the Equity bubble
Local market started positive and faded into a slight negative close with BHP pulling the index lower. Global growth worries and local recession worries continue to...
Mathan Somasundaram
Deep Data Analytics
August 18, 2021 18:20
Equities
August 17, 2021 18:32
Tapering growth to raise stagflation risk
The local market started negative and kept on sliding into the close for the second day in a row. Global growth worries and local recession worries continue to rise on...
Mathan Somasundaram
Deep Data Analytics
August 17, 2021 18:32
Equities
August 16, 2021 17:59
The only thing we'll be tapering in 2021 is the takeaway food bill in lockdown
The local market started negative and continued to slide into the close, as global growth worries and local recession concerns started to bite. Relatively low turnover...
Mathan Somasundaram
Deep Data Analytics
August 16, 2021 17:59
Equities
August 13, 2021 18:22
Capital wars are starting to hit the weakest developed markets
The local market started positive on global buying and mainly stayed flat from there to end a positive week, having moved around 1.7% in eight consecutive positive...
Mathan Somasundaram
Deep Data Analytics
August 13, 2021 18:22
Equities
August 12, 2021 18:28
False economy to be tested by cost inflation cycle
Local market started positive and faded through the day to negative before a big pump at the close delivered a flat day. Market continues to struggle with weaker...
Mathan Somasundaram
Deep Data Analytics
August 12, 2021 18:28
Equities
August 11, 2021 17:52
Socialism for big business may drive small business into bankruptcy
Local market started positive and faded through the day to deliver a slight positive day on the back of banks and miners. It has been that case for the past week....
Mathan Somasundaram
Deep Data Analytics
August 11, 2021 17:52
Equities
August 09, 2021 17:45
Aussie dollar v US dollar is looking like a dead man walking
The local market had a choppy flat day where weakness in miners was covered by the strength in financials. It was about the commodity weakness and yield bounce. The...
Mathan Somasundaram
Deep Data Analytics
August 09, 2021 17:45
Equities
August 06, 2021 17:32
Tapering talk is transient
Local market had a choppy flat day before a last hour pump into the close delivered a positive finish. Relatively low turnover continued for the eighth week in a row...
Mathan Somasundaram
Deep Data Analytics
August 06, 2021 17:32
Equities
August 05, 2021 18:01
Markets now realising central banks favour asset bubbles over the economy
The local market had a choppy flat day with banks and staples holding it from falling into negative territory. Relatively low turnover continues into the eighth week...
Mathan Somasundaram
Deep Data Analytics
August 05, 2021 18:01
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