{"id":56858,"date":"2010-07-09T10:56:56","date_gmt":"2010-07-09T00:56:56","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2010\/07\/09\/australia-200-to-catch-up\/"},"modified":"2010-07-09T10:56:56","modified_gmt":"2010-07-09T00:56:56","slug":"australia-200-to-catch-up","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2010\/07\/09\/australia-200-to-catch-up\/","title":{"rendered":"Australia 200 To Catch Up"},"content":{"rendered":"<p>\n\tMichael McCarthy, Head of Dealing, Asia Pacific at City Index sent out the following message to clientele this morning:<\/p>\n<p>\n\tThe recent sell off in global markets was broadly related to a &ldquo;de-risking&rdquo; by investors &ndash; that is, investors had bought riskier assets in anticipation of a sharp economic recovery, and when the recovery turned out to be patchier than expected, the investors sold out of those risk assets. Both the AUD\/USD and Australia 200 Sep10 are in the risk assets category.<\/p>\n<p>\n\tWith concerns about European debt levels and Chinese economic growth dying down, international investors appear to be more comfortable buying risk assets. These recent events are illustrated on the AUD\/USD CFD chart from our platform (below).<\/p>\n<p>\n\t<img decoding=\"async\" alt=\"\" src=\"http:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/McCarthy1.jpg\" style=\"width: 600px;height: 410px\" \/><\/p>\n<p>\n\tThis directly contrasts with the experience in the Australia 200 Sep 10 CFD. While it appears to have found a base at 4163, it has not yet moved up in the same way the AUD\/USD has. Look for the Australia 200 CFD to play catch up.<\/p>\n<p>\n\t<img decoding=\"async\" alt=\"\" src=\"http:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/McCarthy2.jpg\" style=\"width: 600px;height: 353px\" \/><\/p>\n<p>\n\tThe above view has been communicated to City Index clients first. All copyright City Index. All investors should note: Trading involves risk. The material provided here is for general information purposes only, and does not take into account your personal financial circumstances or need.<br \/>\n\tMcCarthy, along with other market commentators and investment specialists, shares his views with readers and subscribers at FNArena on irregular basis. The views are his and not FNArena&#039;s (see our disclaimer).<\/p>\n<p>\n\twww.Cityindex.com.au<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michael McCarthy, Head of Dealing Asia Pacific at City Index suggests traders should consider buying into the share market for a catch up to the global return of risk appetite.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/56858"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=56858"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/56858\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=56858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=56858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=56858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}