Daily BriefsMacro

Macro: Australia’s Bullish Prospects and more

In today’s briefing:

  • Australia’s Bullish Prospects

Australia’s Bullish Prospects

By Shyam Devani

  • The Australian stock market has started the year with a decent pop through good levels amounting to a bullish breakout
  • The setup argues for a rally of 3% to new highs which could be seen in the days ahead
  • Additional developments in commodities and the currency also suggest a brighter outlook in the short term

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