Between the Bells

In February 2020, unemployment was low, and the share market was at an all-time high. Since then, we've seen the Aussie share market fall 30% from it's peak. Unsurprisingly in this risk off environment, defensive sectors are outperforming. In this month's wrap, Jessica covers: Metcash (ASX:MTS) – cashes in on panic buying as top performing stock of the month (1:03) Can the past teac...

As the Aussie share market picks back up, global equities are expected to follow. However, we aren't out of the woods yet given the persistent pressure from travel bans and other precautionary measures. In this week's wrap, Jessica covers:  Stocks in the spotlight - Afterpay (ASX:APT) up 56% ( 0:40 ) Where are we headed? Global productivity down, but government stimuluses are picking up...

The futures are suggesting a small bounce of 0.87% or 39 points for the Aussie share market, even as the COVID-19 pandemic continues to spread. We saw tens of thousands of out-of-work Australians try to claim unemployment benefits, causing lines hundreds of metres long at physical Centrelink locations and for the MyGov website to crash. ASX-listed medical equipment maker, ResMed (ASX:RMD) have sai...

The Aussie share market futures are suggesting a fall at the open of around 1.81%, despite the Prime Minister and Treasurer yesterday unveiling $66bn worth of measures to help cushion the blow from COVID-19. Last night, Prime Minister Scott Morrison announced the drastic steps that will be taken in a bid to stop the spread of COVID-19. Pubs, clubs, cinemas, churches, places of worship and indoor s...

As global borders shut down, companies are abandoning their earnings forecasts. Why? It seems people are coming to terms with the fact that COVID-19 could be around for a while. Governments and central banks meanwhile, attempt to combat the economic downturn. In this week's wrap, Jessica covers: - ASX down 28% YTD ( 0:42 ) - Fisher & Paykel Healthcare sees boost amidst COVID-19 ( 1:21 ) -...

The Aussie share market gained 2.7% in the first hour of trade and at around 1pm was sitting 4.4% higher. This was fuelled by a rally on overseas equities after Donald Trump signed a bill that expands paid leave for workers amid the coronavirus lockdowns, inking a stimulus package potentially worth US$1 trillion. We also saw the oil (WTI) price gaining 23%, its biggest one-day move ever. Stand out...

The Aussie share market gained 2.6% in the first 30 minutes of trade, (but is now tracking 0.5% lower) fuelled by positive news in Europe as the European Central Bank (ECB) just launched a $750 billion stimulus package. Secondly- the market is rallying ahead of the Reserve Bank of Australia’s 2.30pm decision, with rates expected to be cut to 0.25%. Finally, for quantitative easing to be introduced...

Today, the Australian PM banned international travel and indoor gatherings of 100 people. He also called upon the stockpiling behavior to stop. Yesterday, we heard that the Australian government pledged $715 million to support our airliners via refunds and waivers with $159 million of that being an upfront benefit. We also heard from some states and territories as to how they will support the work...

Yesterday the ASX200 shed 9.7%, which wiped off the 4.4% Friday gain. It was also the market's biggest loss since 1987.  Countries are closing their borders and stocks continue to fall with Trump's words causing some Airlines bounce. All eyes on Coca-Cola (ASX:CCL), Estia Health (ASX:EHE), New Zealand King Salmon (ASX:NZK), Cochlear (ASX:COH) and BHP (ASX:BHP).

Pressure is on the RBA to cut rates. After the US Central bank cut rates to zero, also launching a US$700 billion quantitative easing program, to offset the coronavirus economic impact. Meanwhile the Central NZ bank has cut its rate to 0.25%. ​All eyes on Fortescue Metals (ASX:FMG), Challenger (ASX:CCF), Reject Shop (ASX:TRS), oOH!media (ASX:OML), Air New Zealand (ASX:AIZ), Downer (ASX:DOW), Domin...

A 20% fall from all-time highs puts the ASX back into a bearish hibernation. Given travel and tourism account for 15% of world GDP, it's no surprise that the COVID-19 pandemic is creating severe market dislocation. The estimates however tell a different story; if corona can be contained, Australia may just avoid a technical recession. In this week's wrap, Jessica covers: - No need to pan...

Currently the Australian share market is down 2.4%, that’s less than the expected 3.5% drop the futures expected and less than the drops around the world. The S&P500 in the US lost about 4.9%. While the oil price fell 4.8% as Saudi Aramco asked to raise output capacity.  In terms of the ASX sectors, the sectors that are outperforming the market are the staples, financials, telcos and IT. There...

The Australian share market futures are suggesting a 0.6% lift at the open, following the ASX200 rise of 3.1% yesterday. The oil price has gained 10%, after suffering its sharpest fall since 1991.  All eyes on Webjet (ASX:WEB) and Newcrest Mining (ASX:NCM). The biggest company in Australia goes ex div, CSL (ASX:CSL), as well as metals and mining company, OZ Minerals (ASX:OZL) and pallet business,...

We saw global equities enter bear markets overnight. US stocks fell 7.6% - its biggest loss since 2008, while European equities lost 7.4% and the Aussie share market shed 7.3% yesterday. It all comes as oil prices fell 30% after OPEC’s talks failed and Saudi Arabia said it would boost oil production in a bid to increase its supply and market share.  Qantas (QAN) announced it's slashed interna...

We saw the Aussie share market traverse through the week, collecting a 0.7% loss Monday-Thursday. Investors topped up on their bond exposure, pushing the 10-year government bond yield to new lows. We saw blood plasma company, CSL gain 2.4% over the last four days, and also overtake CBA as the biggest company on the market. In this week's wrap, Jessica covers: Agri-businesses welcome boost aft...

Yesterday the ASX200 fell 1.7% but it looks like we should erase that loss as the Australian share market futures were up 1.8% at the open. All eyes on: Brambles (ASX:BXB), NEXTDC (ASX:NXT), NAB (ASX:NAB), Newcrest Mining (ASX:NCM) and trade data balance for January. Global equities markets have rallied with US equities galloping 4% ahead, taking US stocks out of correction territory. Stocks were...

In breaking news, the Australian economy grew more than expected in Q4 up 0.5%, more than the 0.3% on the cards – also rising 2.2% year on year. That slightly lifted the market but the ASX200 is tracking 1% lower around noon. US stocks moved back into the red, when the Fed Reserve made an emergency 0.5% rate cut to 1.25%. It was not expected, which is why their market fell about 3%. And now, US Pr...

All eyes are on the RBA today, awaiting that key decision at 2.30pm with the the RBA’s rate indicator tipping rates will be cut to 0.5%. Overnight US stocks enjoyed their biggest bounce back since 2009 with investors buying the dip. We saw US stocks snap their seven day losing streak with monumental gains being seen across all the indices and oil which gained 6% as Russia pledged to cooperate with...

The ASX loses 6%, the AUD sinks to an 11 year low, and U.S equities fall to a 12 week low as coronavirus pandemic speculation takes hold. In this month's wrap, Jessica covers: Healthcare sector delivers the goods once again (1:25) IDP Education (IEL) rises 34% to be this years YTD stock darling (1:51) What's next? (4:14) Key investment principals to keep in mind during the coronavirus cr...

US equities made a comeback overnight and the Nasdaq made green tracks for the first time in days.  The ASX200 closed lower for the 4th straight day losing 2.4%, which took the market back to early January levels and the futures are suggesting a 0.4% drop. Companies reporting today: Bega Cheese (ASX:BGA), Flight Centre Travel (ASX:FLT), Ramsay Health Care (ASX:RHC), Nextdc (ASX:NXT), Link Administ...

Famous actor & World Health Organisation Ambassador Jet Li said overnight, coronavirus knows no borders. Coronavirus cases are on the rise in Europe and the middle East, while cases are steadying in China with factories coming back online like Toyota. There is a lot of fear in markets which is why US equities tumbled to a 12 week low and money flowed into bonds, pushing their treasury yields t...

All eyes are on the world’s leaders, and what they say at the G20 meeting in Saudi Arabia. Finance ministers, along with central bank governors are headed to the country at the weekend to discuss the global economy, trade tensions and the coronavirus.  The Aussie futures are suggesting a 0.7% fall at the open, meaning we could be on for another day of profit taking.  Companies reporting today: Blu...

Commodities continue to bounce back from Coronavirus fears. While US equities tracked lower overnight with most of the losses coming in a sudden midday move, leaving traders and investors puzzled as to why US stocks were sold down and gold continued to hit new muli-year highs. Currently the ASX200 futures are flat, suggesting we will search for direction at the open. Companies reporting today: Ard...

Wall Street has done it again, hitting another record all time high with tech shares leading the charge after Apple erased its coronavirus losses after downgrading revenue.  The ASX200 futures are suggesting a lift of 0.2%. Companies reporting today: Coca-Cola Amatil (CCL), Origin Energy (ORG), Perpetual (PPT), Qantas Airways (QAN), Star Entertainment (SGR), Santos (STO), Super Retail Group (SUL),...

Wall Street started its trading week mostly lower with the Dow falling for the third straight day, after Apple warned it won’t meet its revenue guidance as coronavirus slowed production and weakened demand in China.  Companies reporting today: Tabcorp (TAH), Crown Resorts (CWN), Domino's Pizza Enterprise (DMP), Fortescue Metals Group (FMG), Wesfarmers (WES) and WiseTech Global (WTC). All eyes...