Between the Bells

The Aussie share market is set to open higher, with the futures suggesting a 0.5% rise for the first day of trade in August. What to watch today: US payment giant Square, will take over Afterpay (ASX:APT) for AU $39 billion. This values APT shares at $126.21, which is a 31% premium to Friday’s close at $96.66. The transaction is expected to be completed by Q1 2022. GUD Holdings (ASX:GUD) are set t...

The Aussie share market rose 0.3% this week (Mon-Thu) remaining in record high territory as the Mining sector charged ahead with better than expected company results and commodity price increases.  In this week’s wrap, Jessica covers:  (0:23) How the Mining sector dug itself into a record high, rising 3% (1:44) Three Mining companies in the spotlight, up > 11% each (2:44) Three key themes to wa...

There were mostly gains across the board yesterday. The market rose 0.5%, as three of Australia’s largest iron ore producers hit record prices.  Overnight US equities rose off the back of strong corporate earnings. All three major indices closed with gains. Robinhood debuted on the Nasdaq starting trade at $38 and closed its debut session at $34.82, 8.4% below the IPO price.  The Aussie share mark...

Overnight the S&P500 close d flat after the Fed kept its easy-money policies. The Dow Jones closed about 0.36% lower, while the Nasdaq closed up 0.7%.  Following the mixed session on Wall Street, the Aussie share market is set to bounce back after yesterday’s fall of 0.7%, to open 0.3% higher to 7,301 points. Stay tuned, later today we will be releasing a full report on Rio Tinto (ASX:RIO)’s r...

The Aussie share market will likely open lower, with the futures suggesting a fall of 0.3%.  What to watch today:  Inflation data will be released at 11:30am. The market expects consumer prices to grow 3.8% year on year. If inflation is higher than expected, further selling in the market may be seen today.  At the NSW press conference at 11am this morning, the Premier will likely announce an exten...

Yesterday, the Aussie share market reached its highest level of 7,418 points.  Today the futures are suggesting the Aussie share market will lift 0.3% or 19 points.  What to watch today:  Australia awaits news on Victoria, South Australia and NSW lockdown restrictions.  Virgin Money (ASX:VUK) are set to report their results today.  Temple and Webster (ASX:TPW) reported earnings results this mornin...

The Aussie share market is set to open higher, with the futures suggesting a 0.3% lift, taking the market to another record all time high.  What to watch today:  In economic news, inflation data will be released on Wednesday. It is expected to show a 3.8% rise in inflation over the year in the last quarter.  The oil price lifted slightly to US$72, continuing to bounce back from last Monday’s fall....

The Aussie share market soared to a brand new record high this week (closing at 7,386 points on Thursday), before setting another record high on Friday. While Australia braces for further lockdowns, the US population continues to move more freely, and this has created two very different types of opportunities for investors. In this week’s wrap, Jessica covers: (0:22) Lockdowns spelling good news f...

Yesterday the Aussie share market closed at record high of 7,386 points after the market rose 1.1%.  This morning, the futures are suggesting the market will fall 0.2%.  What to watch today,  The iron ore price is down 2%, pulling back for the second session. Stocks such as BHP (ASX:BHP) and Fortescue Metals (ASX:FMG) are expected to pull back.  The oil price jumped 2% to US$71 , helping energy st...

This morning the futures are suggesting the Aussie share market will rise 0.9%.  What to watch today:  It’s confirmed that Brisbane will host the Olympics in 2032. This means infrastructure will be built over the next 11 years to cater for the Olympic Games. Investors should watch engineering stocks such as Cimic (ASX:CIM) and Downer (ASX:DOW). Also watch construction stocks including Brickworks (...

It was a positive session across European and US markets, with all major indices closing with gains.  The Aussie share market is set to open higher with the futures suggesting a 0.7% rise to 7,210 points.  What to watch today: Keep an eye on Oil Search (ASX:OSH). The company’s share price jumped, after they rejected a takeover bid with Santos (ASX:STO). While OSH’s share price jumped 6.3% yesterda...

It was a volatile session over on Wall Street. The Dow Jones tumbled more than 700 points, that was its largest drop since October last year. This comes as the delta variant is spreading, causing COVID-19 cases in the US to rebound this month. What to watch today: Today, the Aussie share market is set to drop sharply at the open, 1% lower, amid Wall Street retreating, oil collapsing and US Treasur...

Please note: Given the current restrictions in Sydney, we will be delivering our market updates via audio format. We will revert back to the usual video format once restrictions ease. We thank you for your understanding.  The Aussie share market is set for a negative start to the week. The futures are hinting a 0.5% pull back, following all three US major indices closing lower .  Watch to watch to...

Despite lockdowns, Aussie investors have been keeping busy, buying into sectors that will do well on the other side of COVID-19. Plus, local Buy Now Pay Later (BNPL) stocks lost their mojo after the industry got a shake-up. In this week’s wrap, Jessica covers: (0:17) Post-lockdown optimism helps the Utilities sector rise the most (0:37) Spark Infrastructure Group (ASX:SKI) lifting 17%, after recei...

Yesterday growing COVID-19 concerns across the nation weighed down on the market, as well as news that China’s economic growth for the second quarter was slightly below expectations of 8% growth, it rose 7.9%.  Today, the futures are suggesting the Aussie share market will open 6 points lower.  What to watch: Melbourne entered a sudden 5-day lockdown, while NSW Premier Gladys Berejiklian says she...

According to US Federal Reserve Chair, Jerome Powell, inflation “will likely remain elevated in coming months” before “moderating.”  Apple shares jumped 2.4% after reports that the company had ramped up production of its next-generation iPhones by 20%. This morning, the futures are suggesting the Aussie share market will dip slightly, about 0.14% or 10 points. What to watch today: Locally, on the...

The Aussie share market is set to open higher, with the futures suggesting the market will rise 0.06%.   What to watch today:  NSW Premier Gladys Berejiklian is expected to announce an extension of Sydney’s lockdown. Yesterday the government announced that small and medium NSW businesses will be eligible for weekly cash payments of up to $10,000. Workers affected will receive $375 to $600 a week. ...

The Aussie share market is set to rise 0.3%, with bank stocks set to rally following Wall Street.  What to watch today:  Today the Federal Government will be announcing financial support for the NSW lockdown.  The iron ore price rose 0.7% overnight to US$217.00. The iron ore price is being supported by an increasing demand for steel globally. Watch iron ore stocks such as BHP (ASX:BHP).  In econom...

The Aussie share market is set to rally 1.1% or 76 points.  Watch to watch today:  Traders are cautious as Sydney’s lockdown could possibly be extended until mid-August. Meanwhile, restrictions in Western Australia have ended.  The oil price (WTI) rose 2.2% on Friday, to its highest level since 2019. Oil stocks will likely charge up today.  The iron ore price fell 0.3% to US$216.00, however it is...

This week, investors have been weighing up localised lockdowns and travel bubbles reopening, which put travel and tourism stocks back in the spotlight. In this week’s wrap, Jessica covers:  (0:15) Industrials in a league of their own, up 4.5% (0:28) Sydney Airport (ASX:SYD) flies up 34%, after receiving a $22 billion takeover offer. What could move SYD next? (1:47) Pfizer vaccine imports set to tr...

It was a volatile session over in the US, amid global economic recovery concerns.  Japan declared a state of emergency in Tokyo, with its upcoming Olympics to be held with no spectators. Also causing recovery concerns is the rebound in cases due to the COVID-19 variants many countries are currently experiencing.  This morning the Aussie share market looks set to end the week lower, with the future...

The Aussie share market is set to open higher, with the futures suggesting a modest lift of 0.2% or 11 points.  What to watch today:  The NSW Treasury estimates that Sydney’s three week lockdown will cost the NSW economy $2.5 billion, with hospitality hit the hardest. Long term investors could take advantage of stocks pulling back as a result. Watch Endeavour Group (ASX:EDV).  The RBA Governor wil...

Yesterday, the RBA held the cash rate at 0.1%, where it is likely to stay until 2024. After the announcement, the Aussie share market continued to fall until the close, ending 53 points lower. Today, the Aussie share market is set to open flat. The futures are suggesting a fall of 11 points or 0.2%, down to 7,162 points.  What to watch today: Sydney Airport (ASX:SYD) has seen a lot of movement thi...

The Aussie share market is set to rise 0.3% or 19 points, ahead of the RBA meeting today.  What to watch today:  The RBA meeting minutes will be a huge focus today, given the lockdowns across the nation. The RBA previously committed to buying $200 billion of bonds, in the aim of keeping corporate interest rates low and supporting borrowing by businesses. Investors will be watching whether the RBA...

The Aussie share market is set to start the week flat.  As COVID-19 cases in NSW increase, many are questioning if Sydney’s two week lockdown will be extended on Friday.  What to watch today:  The Trans -Tasman bubble will resume today. Residents from South Australia, ACT, Tasmania and Victoria will be allowed to travel to New Zealand, provided they have not visited a designated hotspot.  In compa...