Emerging Markets: Focus... | AUD/USD at $0.72... Is this a "Dead-Cat Bounce? | US Earnings: Driver for Global Markets |
Niv Dagan
Peak Asset Management
Good Morning, Yesterday evening, I was invited to speak at Melbourne University’s “Unit” club event, joining some great panellists to discuss emerging markets. Paul Chin (Senior Invest Analyst, Vanguard), KC Low (Associate Consultant, Frontier Advisors), Simon Janes (Head of Mining & Metals, ANZ) & Brett Himbury (CEO, IFM Investors) were also part of the panel. The questions posed were both challenging and extremely intellectual and focused on the “BRIC” economies and whether a strong USD and rising US interest rates would cause further “outflows”… For those that are interested in hearing my thoughts, please don’t hesitate to be in touch. Last night, US stocks rose (Dow up 120 points) as the biotech sector rebounded and miners gained in Europe…. The AUD/USD is now above $0.72 and we feel this could be a “dead-cat bounce”, before another leg lower…. However, all eyes are centred on US corporate earnings which will kick off tonight… This will be the main catalyst over coming weeks…. SPI is up 24 points this morning
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Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional, intermediary and offshore hedge funds. Niv takes an active approach in managing client funds and is a firm believer that adequate risk management is paramount in any good investment decision. Niv's work is largely focused on portfolio management, asset allocation, fixed income, managed funds, structured products and developing tailored strategies for the SMSF sector.
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Niv Dagan
Executive Director
Peak Asset Management
Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional,...
Expertise
No areas of expertise
Niv Dagan
Executive Director
Peak Asset Management
Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional,...
Expertise
No areas of expertise
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