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Weekly Wrap 4 October

Bell Direct
October 4, 2024

Markets this week saw volatility in commodity prices, particularly in oil, gold, and iron ore. The rising geopolitical tensions in the Middle East, combined with China’s economic stimulus measures, are driving up the prices of these commodities. While this presents opportunities for investors, it also poses risks due to the potential for price fluctuations.

In this week’s wrap, Grady covers:

  • (1:29): how investors should approach investing in oil producers
  • (2:04): why the gold rally continues to outshine the market
  • (2:38): how China’s stimulus announcement moved the price of iron ore
  • (4:13): the best performers on the ASX200
  • (5:11): the most traded stocks & ETFs by Bell Direct clients this week
  • (5:42): five economic news items to watch out for.

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