Morning Bell 21 February

Bell Direct
February 20, 2020

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: Ardent Leisure Group (ASX:ALG), Inghams Group (ASX:ING), Mayne Pharma Group (ASX:MYX), Orocobre (ASX:ORE), Platinum Asset Management (ASX:PTM), Rural Funds Group (ASX:RFF), Senex Energy (ASX:SXY) and Charter Hall Group (CHC).

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