The Australian market was playing catch up after underperforming on Friday due to domestic index rebalances. Justin Gallagher, head of domestic sales trading at RBS in Sydney, said: "The market's still unsure about what will provide the next leg upI think it will require more comfort about China."
Date: Mar 18, 2012
Source: Google
Asian Shares End Sharply Lower; Italy Concerns Weigh Financials, Resources
"The eurozone looks horrible," said RBS head of domestic sales trading and execution, Justin Gallagher in Sydney. "Italy is the elephant in the room and their 10-year bonds going above 7% is a major shock."
Date: Nov 10, 2011
Category: Business
Source: Google
Asian Shares Mixed Amid Caution On Europe; Olympus Dives 29%
"Italy is a much bigger issue for markets than Greece, and uncertainty there doesn't bode well for risk assets in the short term," said RBS head of domestic sales trading and execution Justin Gallagher. "The market was hoping Italy would take care of itself but that's clearly not the case."
RBS head of domestic sales in Sydney, Justin Gallagher, said the markets may find it hard to shake-off the contagion fears: "The biggest concern now is Italy and whether it is at a point where it needs assistance. The fear is that Italy may be too big to bail out. I think that's going to continue sp
"I think we have a little further to go on the downside," said RBS head of domestic sales trading Justin Gallagher, adding "I think it's hard to find a catalyst to buy before reporting season" in August.
Last night was just a knee-jerk reaction to a pop in the U.S. dollar and we saw some panic selling in commodities...Its not the start of a global economic meltdown and I wouldnt be surprised if things calm down tonight, said RBSs Sydney-based head of sales, Justin Gallagher.
Date: May 06, 2011
Category: Business
Source: Google
Asia Lower on High Oil; Politics Hits Tokyo Shares
"As far as today's concerned, the Sydney market remains fairly under pressure," said Justin Gallagher, head of domestic sales trading at RBS. "Certainly there aren't any catalysts for our market today that are likely to turn it around in the short term."
Date: Mar 06, 2011
Category: Business
Source: Google
Googleplus
Justin Gallagher
Education:
Carnegie Mellon University - Computer Science, Phillips Exeter Academy, Academy for Science and Design
Herndon, VAProgram Manager at Naval Air Warfare Center Aircra... Past: Project Manager at SAIC, Project Engineering Manager at Raytheon Technical Services...