Between the Bells

The Aussie share market is eyeing a 0.2% fall at the open today. It was a monumental day in the U.S. on Thursday as the Federal Reserve unveiled a new framework to let inflation run above its 2% goal, while it would keep interest rates lower for longer. This will encourage wage growth and encourage people back into the work force, while also helping businesses keep credit costs low. This news sent...

The Aussie share market is eyeing a 0.3% lift today at the open, which will rub out some of yesterday’s 0.7% fall. Last night U.S. manufacturing goods orders rose 11.2% in July, recovering from the sharp fall in March and April. Sentiment also got a kick as COVID-19 vaccine hopes were lifted when Moderna posted promising results from a small trial of patients. What to watch today: Afterpay (ASX:AP...

The Aussie share market opened 0.6% lower in the first 10 mins of trade, as the futures predicted. The market continued to fall in the first hour  - with investors digesting weaker than expected financial year report cards, leaving the market sitting 1% lower at 11am. On the downside: Financial software and advice provider, Bravura (ASX:BVS) is one of the worst performers on the market today – its...

The futures are looking at a gain of 0.6% for Aussie equities - a nice addition to yesterdays 0.3% lift, as well as the 35% rise from the COVID-19 low. Overnight in the U.S., the S&P and the Nasdaq reached brand new record closing highs, following the FDA’s approval of the use of plasma as a treatment for COVID-19 patients. Furthermore, positivity was instilled by Trump’s work to fast-track th...

The Aussie futures are eyeing a fall of 0.2% at the open, despite U.S. stocks on Friday scaling to another fresh record high, with the S&P500 up 0.3% and the Nasdaq up 0.4%. Trump announced he’s considering fast tracking AstraZeneca’s vaccine before the election, while he also authorised plasma treatment in COVID-19 patients. On the economic side, green shoots continued to sprout as the U.S. s...

The Aussie share market has slipped 0.1% this week (Mon-Thur), its first fall in three weeks as investors sift through 30 company reports - the busiest reporting season week so far. In this week’s wrap, Jessica covers: (0:21) Seven companies that beat market expectations (0:33) WiseTech Global (ASX:WTC) sky rockets 38% after reporting (1:10) 16 companies that reported in-line (1:33) Seven that mis...

The Aussie share market is expected to gain 0.2% at the open, meaning the ASX200 could end slightly higher this week as it’s tracking 0.1% lower Monday to Thursday. Overnight, U.S. weekly unemployment claims soared back to 1 million, this was far more than expected. Despite that, U.S. stocks bounced back from their prior day’s fall, with investors focused on maximising returns amid the record low...

Aussie futures are suggesting a retreat of 0.3%, which will trim some of yesterday’s gain of 0.7% and the week to date gain of 0.7%. The S&P500 scaled to a brand new record high, its second in two straight days before falling 0.4%. The Nasdaq met the same fate, scaling to a record before turning negative in the final few hours. Meanwhile, Apple became the first U.S. company to reach a market c...

Overnight U.S. stocks erased their COVID-19 losses, knocking the top off the previous record with the S&P500 rising 0.2%. This is following the U.S. Treasury Secretary saying Trump wants to move forward with more economic stimulus. The fall of the U.S. dollar has helped the Aussie dollar gain 1% this week and overnight it hit 72.40 U.S. cents, its highest level since February last year.  The F...

The Aussie share market looks like it will attempt to erase some of yesterday’s 0.8% fall, with the futures suggesting a lift of 0.5% at the open.  Overnight the U.S. stocks ended mostly higher, with the NASDAQ hitting another new all-time high after rising 1%. Broad sentiment was high as U.S. homebuilder levels climbed to their highest points in 21 years, supported by record-low interest rates wh...

The benchmark S&P/ASX200 looks set to start the week in the red with the futures suggesting a 0.95% drop at the open. This follows a reasonably underwhelming finish to the week on Wall Street, with stocks closing flat on Friday.  The Gold price fell 1% to US$1,949.80 an ounce on Friday night, this led to the precious metal having its worst week in almost six months. What to watch this week: Wi...

The Aussie share marked is eyeing a flat start to today’s session, after rising 1.4% Monday to Thursday. The lack of gas behind us today, comes as global markets closed mixed overnight, while U.S. futures are now suggesting a slight gain tonight. In terms of economic news, we saw green shoots emerge in the U.S. showing its economy is clawing back. U.S. weekly job claims rose less than expected. Wh...

The Aussie share market rose 1.4% (Mon-Thu) however, momentum is slowing with investors focused on earnings and dividend growth for 2021. In this week’s wrap, Jessica covers: (0:39) Employment rises more than expected in July. What's next? (1:13) The U.S. reports: S&P500 a shade off its record high (1:45) Aus earnings season: Banks to see declines & Miners to deliver (2:10) Reporting...

The Aussie share market is set to gain 0.7% at the open, which should erase yesterday’s fall of 0.1%. Tech stocks on Wall Street rebounded rising 2.1%, with the S&P500 in striking distance of a record high. The UK market rose 2%, with the other major indices following. A big reason for this is global COVID-19 cases are continuing to fall. What was notable in commodities was that the oil price...

The Aussie share market is eyeing a rise for the third straight day, a lift of 0.2%, after the ASX200 hit a two-month high yesterday. Russia has claimed it has given regulatory approval for the world’s first COVID-19 vaccine. This news saw gold fall 5% to US$1,931, with silver falling 13% and copper down 0.8%. So the odds are stacked, gold stocks expected to fall with heavy weights likely to see s...

The Aussie share market put on a show yesterday rising 1.8% to a three-week high, and today the futures suggest the market will see a flat start, falling 0.05% at the open.  What to watch today: The RBA minutes will be released, which should reveal the details of how much money the central bank injected into the financial system, when the RBA purchased the Australian Government Securities earlier...

The Aussie share market is eyeing a lift of 0.7% at the open after global equities ended mostly on positive ground on Friday, as the U.S. reported early signs of an economic recovery. The U.S. economy added 1.8 million jobs in July, smashing through expectations that only 1.4 million people gained a job. Meanwhile, traders and investors looked past the lack of fresh economic stimulus, with the Whi...

The Aussie share market is set to open flat this morning, following U.S. shares shaking off a slow start with the Nasdaq finishing above 11,000 for the first time in history.   The RBA statement on Monetary policy will be released at 11:30am today and the China trade balance for July will also be released. Tonight, U.S. July nonfarm payrolls will be released, which will shine further light on the...

Aussie equities are eyeing a 0.5% lift at the open, following a positive session overnight. We saw U.S. stocks rise on the back of Disney revealing it has 100 million streaming subscribers and COVID-19 vaccine hopes.  Medical device company, Johnson & Johnson have struck up a $1 billion deal with the U.S. government to manufacture 100 million doses of its COVID-19 vaccine candidate, if it prov...

The Aussie share market is eyeing a fall of 0.6% at the open, as traders bid up stocks in global markets on the hope of a second Federal Reserve stimulus package. The major exchanges in the U.S. all pushed higher overnight with the S&P500 up 0.36%, it is now less than 3% off its pre-pandemic record highs in February this year. Companies reporting today: ALE Property Group (ASX:LEP) reports its...

The Australian share market looks set to rise 1.4% at the open, marking the second trading day for August.  Overnight Microsoft shares lifted 5.6% to a brand-new record high, supported by U.S. President Trump calling on Microsoft to buy TikTok.  What to watch today: The RBA will meet today with rates expected to remain on hold at 0.25%. While the focus will be on further bond buying and if that wi...

The Aussie share market is set to open flat this morning with a fall of 0.2% expected at the open, this comes despite a positive end on Wall Street on Friday.  Across the ocean, European stocks posted their first monthly drop since March amid fears of a second COVID-19 wave. What to watch today: With Victoria declaring a ‘State of Disaster’ after a spike in COVID-19 cases, keep an eye on the stock...

The Aussie share market rose for the 4th month, up 33% from its COVID-19 low. We saw Australia slip into deflation, while on the commodity front, all that glittered was gold.  In this week’s wrap, Jessica covers: (0:16) Star stocks: ALS (ASX:ALQ) +34% & Orocobre (ASX:ORE) +33% (0:45) Stocks to consider as the gold price glistens (1:55) Inflation hits rock bottom - biggest fall in history (2:25...

The Aussie share market is eyeing a fall of 0.5% at the open, following a mixed session on overnight markets with the Dow falling 0.9%, the S&P500 down 0.4%, while the Nasdaq pumped up 0.4%. But what’s noteworthy is the Nasdaq futures are suggesting a 1% gain on Friday. So in afterhours trade, the ETF tracking the Nasdaq 100 (QQQ) rose 1% and the ETF tracking the S&P500 (SPY) rose 0.9%. So...