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Morning Bell 14 May

Bell Direct
May 14, 2020

The Aussie share market futures are suggesting a fall of 1% at the open. Traders will absorb U.S and European equities pairing back and falling into the red, while the oil and gold price pushed ahead overnight.

A trading idea for today, Bell Potter rose Emeco’s (ASX:EHL) price target to $1.40, implying a 37% share price growth in a year from yesterday’s close of $1.03.

Investors will be watching Graincorp (ASX:GNC), OceanaGold Corp (ASX:OGC), Xero (ASX:XRO) and Aussie unemployment data for April.

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