Between the Bells

The ASX200 is eyeing a fall of 0.1% at the open following a mixed close on Wall Street overnight. The U.S. central bank released minutes from its meeting highlighting how it can provide more support for the U.S. economy throughout the pandemic. Commodities continued their rally as three vaccines are around the corner. What to watch today: Yesterday the market turned positive for 2020 and was up 0....

The ASX200 is eyeing a lift of 0.6% at the open. Oil gained 4% rising over US$45 for the first time since the pandemic hit in March. What to watch today: Fisher & Paykel Healthcare (ASX:FPH) reports results today. Fletcher Building (ASX:FBU), Harvey Norman (ASX:HVN), IOOF (ASX:IFL), Kathmandu (ASX:KMD), Pro Medicus (ASX:PME), Shopping Centres Australia (ASX:SCP) and Synlait Milk (ASX:SML) hold...

The ASX200 is eyeing a rise of 0.6% at the open. If it does rise at the open, it is likely to set another 9-month high. AstraZeneca and Oxford University’s COVID-19 vaccines was deemed 70% effective. This 70% rose to 90% when patients received a half dose followed by a full dose of the vaccine. CSL began producing 30 million doses of the vaccine a few weeks ago. President-elect Joe Biden earmarked...

The ASX200 is set to gain 0.4% at the open. The NSW and Victorian border is open after 138 days of being closed. COVID-19 cases are continuing to rise in the U.S., up 24% last week. This saw JP Morgan downgrade the U.S. first quarter 2021 economic growth to be -1%. In New York, BHP and Rio gained about 1% each so it’s likely to be a positive day for some locally listed commodity stocks. What to wa...

The Aussie share market gained 2.2% this week (Mon-Thu) rising to a 9-month high. With a vaccine on the horizon, and approximately 75% of Aussie jobs lost to COVID-19 recovered, it would seem we've reached the light at the end of the tunnel. However, there are murmurs of unemployment rising.

The ASX200 is eyeing a gain of 0.4% at the open, on track for its fifth straight day of gains. U.S. COVID-19 cases are continuing to rise, up 26% from last week. What to watch today: ·       Sydney Airport (ASX:SYD) and Orica (ASX:ORI) report results today. ·       Autosports (ASX:ASG), Accent (ASX:AX1), Centuria (ASX:CNI), Kogan (ASX:KGN), Lendlease (ASX:LLS), Platinum (ASX:PTM) and ResMed (ASX:R...

The ASX200 is eyeing a gain of 0.1% at the open. Tesla will be welcomed to the S&P500 in December, its shares gained 8% on this news. What to watch today: ·       Following the rally on Wall Street, you might expect buying today in tech, travel, tourism, gambling and bank stocks. ·       Aristocrat (ASX:ALL), ALS (ASX:ALQ) and United Malt Group (ASX:UMG) report results today. ·       Seven Gro...

Trading on the ASX is expected to resume today after it shut about 30 minutes into trade yesterday. While the ASX200 closed 1.2% up, today it’s eyeing a flat open with a gain of 0.1%. Overnight, Moderna announced its COVID-19 vaccine was more than 94% effective in a late stage trial treating 30,000 people, this is the most effective vaccine to date. Interestingly, the flu shot has a 40% effective...

The ASX200 is eyeing a gain of 0.8% at the open following global equities charging higher on Friday. Last week the Aussie share market gained 3.5%, hitting an 8-month high. What to watch today: CSL (ASX:CSL) announced it’s building a new vaccine manufacturing plant near Melbourne airport in Victoria, which will be the biggest vaccine facility in the southern hemisphere. The government will sign a...

With several COVID-19 vaccines around the corner, the Aussie share market rose 3.7% this week (Mon-Thu). Better than expected business and economic confidence also helped fuel the charge. And given all eyes are on an economic recovery, portfolio positioning ticked up a notch. In this week’s wrap, Jessica covers: (0:24) The three key drivers fuelling Aussie shares to 9-month highs (1:09) Sectors: E...

The ASX200 is set to fall 0.6% at the open following global markets taking a breather overnight. The Fed Chair said the U.S. economic outlook remained uncertain, despite a potential COVID-19 vaccine. Also weighing on equities, COVID-19 cases continue to rise to a new record. What to watch today: Amid the pull back and profit taking overnight, keep an eye on the sector rotations that have stood out...

The ASX200 is eyeing a lift of 0.5% at the open, headed towards its 6th straight day of gains. Better than expected consumer and business confidence news added fuel to local markets, with consumer confidence at its highest level in 7 years. What to watch today:  - Keep an eye on tech names that have been sold down this week on the back of COVID-19 vaccine hopes. You could expect Afterpay (ASX:APT)...

The ASX200 is set to rise for the 5th day, eyeing a gain of 0.8% at the open. With the announcement that Pfizer and BioNTech’s COVID-19 vaccine candidate is 90% effective, global markets have continued to push ahead, for the most part, on hopes of an economic recovery. What to watch today:   - Keep airlines, travel stocks, engineering companies, property groups and banks on your radar. Companies t...

The local futures are suggesting the Aussie share market will lift 2.7% at the open. Overnight, a vaccine developed by Pfizer and BioNTech is 90% effective in treating COVID-19. As a result, cyclical stocks saw huge gains, on hopes that a V-shape recovery may be on track. Airlines and banks soared, while stay at home stocks lagged. Elsewhere, Oil soared 8.5% to US$40.40, while the safe-haven Gold...

The Aussie share market is eyeing a lift of 0.2% at the open. The Senate has been won by majority Republicans, and the House of Representatives won by majority Democrats. Kamala Harris will become the first female elected Vice President, and investors will be focused on the stimulus that Joe Biden U.S. President elect will bring in. Both are set to be sworn in on the 20th of January. What to watch...

Global markets rallied this week as the U.S. election result edges closer. Following border re-openings, local equities rallied 3.6% (Mon-Thu), almost erasing last week's losses. Plus with record low interest rates and bond-buying, it seems bullish sentiment is in the air... In this week’s wrap, Jessica covers: (0:37) Sectors: Real Estate gaining 8% supported by interest rate cuts (0:57) Stoc...

The Aussie share market is eyeing a lift of 0.7% at the open following Wall Street’s rally for the fourth day. Overnight, U.S. equities bounded ahead on hopes that a Presidential winner would soon be called, with Biden likely to win as he’s gained 50.4% of the votes. It also looks like the Republican party may win the Senate and Democrats may win the House of Representatives, given the current num...

The Aussie share market is eyeing a lift of 0.3% at the open.  U.S. equities rallied for the third straight day, looking past the idea that the Presidential election result could be contested, while Trump’s campaign has taken legal action to halt the counting of the ballots in Michigan and Pennsylvania. What to watch today:   - The NSW border opens to Victoria on November 23, this could support Qa...

The Aussie share market is eyeing a gain of 0.1% at the open. U.S. equities rallied for the second straight day, continuing to claw back from last week’s retreat which was the worst weekly fall since March. What to watch today:  - China has allegedly put a temporary ban on Australian coal, copper-ore, wheat, wool, lobster and sugar imports into China from Friday.  - Woolworths (ASX:WOW) announced...

The Australian share market is set to have a sluggish lift of 0.1%. Just 1 day out from the U.S. election, investors bought the dip, pushing up key U.S. indices such as the S&P500, Dow Jones, and Nasdaq rising 1.2%, 1.6%, and 0.4% respectively. In commodities, Oil gained 3.7% rising to US$37.12, while gold commenced US$1,896. What to watch today:  -         The RBA meets, with rates expected t...

The Australian share market is eyeing a lift of 0.9% at the open. With one day left until the U.S. election, amid the uncertainty investors exercised caution, with the Dow Jones, S&P500 and Nasdaq losing 0.6%, 1.2% and 2.5% respectively. Oil holds at a five-month low at US$35.79 on demand concerns with U.S. COVID-19 cases hitting an all time high, while Germany and France entered new lockdowns...

The Aussie share market copped a 3.4% pullback (Mon-Thu) - its biggest weekly fall in six months. With the U.S. election around the corner, and new European COVID-19 lock downs in force, Australian investors have been flicking the risk-off button amid the uncertainty. In this week’s wrap, Jessica covers: (0:22) Investors abandoning cyclicals for defensive sectors (1:10) Coca-Cola Amatil (ASX:CCL)...

The Aussie share market is eyeing a gain of 0.6% at the open, a welcome lift from the 3.4% fall Monday to Thursday this week. U.S. economic growth rebounded in the third quarter up 33.1%, beating expectations and almost in a V shape recovery formation. That rebound in growth erased the 31.4% plunge in GDP in the second quarter. What to watch today: AMP (ASX:AMP) confirmed it has received a takeove...

The futures are suggesting that the ASX200 is eyeing a fall of 1.7% or 103 points at the open. There’s five days until the U.S. election, and as its history goes, the risk-off environment continues. The Dow sank over 900 points, or 3.4%, its biggest retreat since June. The tech-heavy Nasdaq fell 3.7%, but it’s still up 21% this year. Commodities mirrored equities; Oil fell 5% to US$37.34, and Gold...

The local futures are suggesting the market will fall 0.4% at the open, which will mark the fifth straight day of falls. But keep in mind, every year after a U.S. presidential election, over the last 36 years, the Aussie market has rallied and had a positive year.  Commodity traders breathed a sigh of relief. Oil rallied up 2% to US$38.97 and Gold edged up 0.2% to US$1,908. What to watch today: · ...