Sonray Capital Markets is an Australian financial services company (regulated by ASIC) providing access to global markets for Retail and Institutional clients around the world.
By utilising the services of external third party providers, Sonray’s core business is the provision of quality global execution and clearing services through state of the art trading systems and risk management tools.
Sonray was one of the first companies in Australia to provide advice on CFDs and we pride ourselves on our superior customer service across all our divisions.
Our vision is to be an internationally respected facilitator of innovative financial products which provides access to global capital markets.
To find out more about Sonray, and in particular how Sonray utilises external third party providers, please click here.
Important Notice!As previously advised, our Service provider for SonrayGlobal, Interactive Brokers, informed Sonray, that as an Internal Revenue Service (IRS) requirement you were to complete a ‘W-8BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding’ form. This form is required to prevent withholding on any dividends and/or interest earned in your account.
***THIS FORM WAS DUE IN DECEMBER, PLEASE READ THE MESSAGE FROM OUR SERVICE PROVIDER BELOW REGARDING THOSE ACCOUNTS WHOM HAVE NOT PROVIDED A W-8BEN FORM
Published: 3rd September 2008 Bloomberg
"The Australian economy is slowing dramatically and the third quarter could be weaker again," said Clifford Bennett, chief economist at Sonray Capital Markets Ltd. in Sydney.
Read the full article at Bloomberg.com 16/07/08
Clifford Bennett Calls Australia Monetary Policy `Inappropriate' 02/09/08
While the dollar has gained despite comments from Bernanke that the inflation outlook is still "uncertain", Clifford Bennett, chief economist, Sonray tells CNBC's Jeffrey James that he is still bearish on the greenback. 25/08/08
The euro might test fresh highs against the dollar in the first-half of 2009, forecasts Clifford Bennett, chief economist at Sonray Capital Markets. He tells CNBC's Rebecca Meehan & Christine Tan the euro-dollar could return to $1.56 by year-end. 22/08/08
Published: August 01 2008 Herald Sun
Sonray Capital Markets chief economist Clifford Bennett yesterday said the Aussie would remain under pressure in the short-term as financial markets readjust to the RBA's next move being a rate cut.
Read the full article at HeraldSun.com.au 16/07/08
Published: July 31 2008 written by Clifford Bennett
With Merrill Lynch & Co’s write downs rising to US$18.7 billion over just twelve months, with the latest quarterly addition being US$5.7 billion, the writing is on the wall, and the pavement of Wall Street, that things in the financial district may just still get worse before they get better.
Read the full article at Compare Shares 16/07/08
Published: July 26 2008 Herald Sun
Sonray Capital Markets chief economist Clifford Bennett expects oil prices to consolidate in the $US120 range for several months.
"We are close to the bottom of the oil price falls as most speculators have unwound their positions after getting ahead of the market," Mr Bennett said.
Read the full article at HeraldSun.com.au 16/07/08
The fluctuations of global oil prices are the primary driver of inflation, not just in Australia, but globally. A comparison of central bank policies against inflation rates, shows how different policy settings still ended up with a similar inflation outcome. The conclusion can only be that central banks generally, and the RBA in particular, need to reassess their approach to monetary policy.
