Skip to main content

Latest stock market podcasts

Morning Bell 3 August

Jessica Amir
August 3, 2021

On Monday the Aussie share market rose 1.3%, supported by gains in Afterpay (ASX:APT) and Pilbara Minerals (ASX:PLS).

This morning, the futures are suggesting the market will fall 0.3%, peeling back from yesterday’s record high.

What to watch today:

  • The iron ore spot price fell 3% and the iron ore seaborn price fell 14%, to its lowest level since April. This is due to China’s unexpected commitment to cutting steel production.
  • The copper price fell 1%, while the oil price rose 0.3% to US$71.50.
  • The RBA meet today, expected to hold rates at 0.1%. The focus will be on increasing the amount of bonds the RBA buys. Currently, the RBA is buying $100 billion bonds, with this program ending in September. After September, the RBA planned to decrease the amount of bonds bought each week from $5 billion to $4 billion. This may change given the current restrictions.
  • Credit Corp Group (ASX:CCP) are set to release their earnings today.

Trading Ideas:

  • Copper and gold producer, Aeris Resources (ASX:AIS) is a Bell Potter Speculative BUY stock, with a new price target of $25.50, implying 15% share price growth in a year.
  • Zip (ASX:Z1P), Seven West Media (ASX:SWM), and Westgold Resources (ASX:WGX) are all giving off bullish charting signals, according to Trading Central.

Morning Bell 28 March

Bell Direct
March 28, 2024

Morning Bell 27 March

Bell Direct
March 27, 2024

Morning Bell 26 March

Bell Direct
March 26, 2024

Morning Bell 25 March

Bell Direct
March 25, 2024

Weekly Wrap 22 March

Bell Direct
March 22, 2024

Morning Bell 22 March

Bell Direct
March 22, 2024

Morning Bell 21 March

Bell Direct
March 21, 2024

Morning Bell 20 March

Bell Direct
March 20, 2024

Morning Bell 19 March

Bell Direct
March 19, 2024

Morning Bell 18 March

Bell Direct
March 18, 2024

Weekly Wrap 15 March

Bell Direct
March 15, 2024

Morning Bell 15 March

Bell Direct
March 15, 2024