Between the Bells

The Aussie share market is set to kick off its shortest and last trading week of the year on solid footing. The futures are suggesting a lift of 0.5% at the open. It comes as European markets closed higher on Monday and US equities soared to brand new record highs – for two key reasons. Firstly, Trump unexpectedly signed the $900 billion COVID-19 relief bill into law, that includes paying most Ame...

The ASX200 is eyeing a lift of 0.7% at the open, with the market closing early today, closed for Christmas tomorrow and Monday. European markets made gains overnight on hopes that a Brexit trade deal would be done and on the back of France opening its border to England on Wednesday. In the US, Americans filing for unemployment benefits fell from a 3-week high. Pfizer and BioNTech inked a deal with...

The ASX200 is eyeing a lift of 0.9% at the open, which should recover some of yesterday’s 1.1% loss. US Congress leaders approved US$900 billion in COVID-19 aid which includes giving $600 to individuals. Economic growth in the US grew 33.4% last quarter, erasing the prior 31.4% fall in April-June. The UK economy also grew in the third quarter, rising by a record 16%. All eyes will be on the NSW Pr...

The ASX200 is eyeing a fall of 0.4% at the open as investors weigh up that the NSW restrictions could shave 0.1% off this quarter’s economic growth according to Citi analysts. Pfizer’s vaccine has been approved for use in the EU, while half a million people have already received the first dose of the vaccine in the UK. There are concerns that a new COVID-19 strain is in the UK and is spreading muc...

The ASX200 is eyeing a fall of 0.2% at the open following last week’s 0.5% gain. With economic growth data in the spotlight in the US, UK and in Australia, we will learn how we splurged on retail sales in November. Today all eyes will be on the increased restrictions in NSW, with some thinking restrictions will tighten again before Christmas. Investors will also be weighing up that a US stimulus d...

The market has gained 1% this year... not a bad result considering it experienced its quickest fall into a bear market in history. With the recovery now in full swing, and earnings upgrades coming through, there's plenty riding on a strong 2021 for the economy and share market. In this week’s wrap, Jessica covers:  - (0:17) A resilient Aussie share market - (0:42) How the Tech sector blew the...

The ASX200 is eyeing a flat open. U.S. investors looked past weaker than expected economic news overnight with unemployment claims rising more than expected, and instead focused on a potential rescue package being agreed on before the end of the year. Congressional leaders have said they’re close to agreeing on a $900 billion stimulus deal that includes direct payments to individuals. Copper rose...

The ASX200 is eyeing a lift of 0.5% at the open. U.S. stocks rose to new record highs overnight after the U.S. central bank upgraded its outlook for the American economy next year. The Federal Reserve now expects growth of 4.2% next year and for the unemployment rate to drop to 5%. The Fed also committed to buying $120 billion in bonds each month until full employment is reached. What to watch tod...

The ASX200 is eyeing a lift of 0.7% at the open following Wall Street’s lead overnight. The FDA announced Moderna’s COVID-19 vaccine met expectations for emergency use, which is a crucial step before full approval. If the FDA approves the vaccine, it will be the second vaccine approved for use in the U.S.. What to watch today: Afterpay (ASX:APT) and Xero (ASX:XRO) could likely see an increase in b...

The ASX200 is eyeing a fall of 0.2% at the open following Wall Street’s fall overnight. Tougher social distancing measures have been introduced in some parts of the U.S. with New York on the verge of a ‘full shutdown’. Oil rose to a 9-month high to US$47, while Iron, Copper and Gold all fell overnight. What to watch today: Chinese state media confirmed Beijing has blocked Australian coal imports,...

The ASX200 is eyeing a flat open to start the week. Restrictions are easing in South Australia and Queensland has opened its borders. What to watch today: The market could see a rise for the seventh week, with consumer spending, local tourism, food and beverage stocks to see a jump in sales as we get closer to Christmas. All eyes on Flight Centre (ASX:FLT) as a court trial kicks off today. Flight...

The bull market stepped up a notch this week and hit a ten-month high on Wednesday after rising for seven straight days. The U.S. and Canada approved the Pfizer/BioNTech COVID-19 vaccine for use, and it appears the world economic shocks of the pandemic could soon be left in the dust... In this week’s wrap, Jessica covers: (0:23) The event on everyone's mind: the end of COVID-19 (1:10) The thr...

The ASX200 is eyeing a fall of 0.5% at the open. CSL and the University of Queensland have abandoned their COVID-19 vaccine trial, as the risk of failure was too high. House Speaker Nancy Pelosi said bipartisan negotiations were leading to “great progress”, but both sides were still debating over a liability waiver for businesses, leading to no progress on new U.S. stimulus. U.S. unemployment clai...

The ASX200 is eyeing a fall of 0.4% at the open after rising for 7-straight days. Pfizer and BioNTech’s vaccine continues to gain traction as Canada becomes the second country to approve the vaccine and will begin its rollout next week. The iron ore price is up 60% the year after gaining 0.9% overnight. Trading ideas: Tech-air traffic control company Adacel Technologies (ASX:ADA) was upgraded by B...

The ASX200 is eyeing a gain of 0.5% at the open and is now 47% up from its COVID-19 low. The UK began to rollout Pfizer’s COVID-19 vaccine and the U.S. is potentially days away from emergency use approval, with plans to roll out the vaccine this month. What to watch today: Westpac’s Consumer confidence numbers are out today and are likely to be positive, given the ANZ survey found consumer confide...

The ASX200 is eyeing a fall of 0.2% at the open. People in the UK will be the first to receive the Pfizer BioNTech COVID-19 vaccine today, as the roll-out kicks off in England. The iron ore price continued its push up 2% to US$144, another new 7-year high as China continues to produce 90 million tonnes of steel a month. What to watch today: With the iron ore rally, keep an eye on Champion Iron (AS...

The ASX200 is eyeing a gain of 0.6% at the open. Victoria and South Australia will welcome international flights and passengers starting today and NSW will ease restrictions at hospitality venues. What to watch this week: Metcash (ASX:MTS) reports results today. NAB business confidence, building permits for October and Consumer Confidence is out tomorrow. Local trading ideas: Bell Potter upgraded...

Restrictions are lifting and Australia's economy has blasted out of its first recession in 29 years. The Aussie share market gained 0.2% (Mon-Thu) and is on track to record its fifth straight week of gains. In this week’s wrap, Jessica covers: (1:20) Sectors: Mining explodes with a 5% uptick (1:45) Why earnings are likely to rise for the iron ore majors (2:54) The huge recovery of COVID-19 af...

The ASX200 is eyeing a fall of 0.1% at the open after rising for three straight days. Pfizer and BioNTech plan to rollout 1.3 billion vaccines in 2021 and will catch up on the 50 million dose shortfall from this year. Weekly employment conditions improved in the U.S. despite COVID-19 cases continuing to rise. What to watch today: Keep an eye on commodities. So far this week, Fortescue Metals (ASX:...

The Aussie market is on for its third day of gains, with the futures suggesting a lift of 0.3%. It comes as global equities closed mostly higher overnight, after the UK became the first country to approve the Pfizer/BioNTech COVID-19 vaccine for use, with plans for it to be rolled out as early as next week. What to watch today: ·        Home loan data is out, as well as import and export data for...

The Aussie share market looks set for another positive day with a lift of 0.6% on the cards according to the futures. U.S. stocks rallied to a record closing high, buoyed by lawmakers unveiling a $908 billion stimulus plan, which includes $200 billion in pay check protection for small businesses.   What to watch today: Yesterday the RBA announced the economic recovery is going better than expected...

The Aussie share market futures are suggesting a fall of 0.2% for the first day of December. Summer is in the air – the QLD border is now open to Victorian and Sydney residents and the world is closer to another vaccine as Moderna applies for emergency clearance of their vaccine.  Overnight U.S. stocks slipped but held onto spectacular gains. The Dow lost 0.9% however posted its best November sinc...

The ASX200 is eyeing a lift of 0.6% at the open following a strong week on Wall Street, amid decreasing political uncertainty and positive vaccine news. What to watch today and this week: Zip (ASX: Z1P) holds its AGM today. Although the Buy Now Pay Later provider recently released a trading update, today’s AGM may provide investors with a snapshot of November’s performance, as well as an update on...

The Aussie share market has gained around 12% this month. The market is 7% off record high territory so this year's Santa rally looks promising. In this week’s wrap, Jessica covers: (0:32) Sectors hit the most this year see increased buying (0:48) Unibail-Rodamco-Westfield (ASX:URW) down 55% YTD (1:07) Flight Centre (ASX:FLT): ready for take-off? (2:00) Whitehaven Coal (ASX:WHC): 100% share p...

The ASX200 is eyeing a 0.2% fall at the open. Wall Street was closed overnight as it’s thanksgiving in the U.S.. The European Central Bank (ECB) warned that European banks won’t see profits return to pre-COVID-19 levels until after 2022. What to watch today: About 80 Australian coal carrying ships holding around $1.1 billion of coal are being held up at Chinese ports. So keep an eye on stocks like...