23rd March 2012: Today’s Trade: ENZL

Global macro theme: the Gillard Government’s Asia Century whitepaper and the Reserve Bank/People’s Bank of China currency swap.

Monitor IShares MSCI New Zealand Investable Market Index Fund (NYSEARCA:ENZL) on New Zealand’s macroeconomic outlook.

Monitor Global X Social Media Index ETF (NYSEArca:SOCL) on possible Facebook IPO.

Monitor GM Holden on Greens MP Adam Bandt’s plans for an Australian electric car and Australian Government industry support.

Short TYO:6758 (Sony) on leadership transition and operations problems (recalculate intrinsic value).