Skip to main content

Morning Bell 16 June

Jessica Amir
June 16, 2021

The Aussie share market is set to open lower, with the futures suggesting the market will fall 0.2%.

Traders and investors are exercising caution awaiting the Fed’s monthly announcement.

What to watch today:

  • Oil is up to US$72.12, at its highest level in almost three years.
  • Iron ore hit another record high at US$221.00.
  • Australia and the UK agree to a free trade deal, with tariffs being phased out over a decade.
  • Australian farmers eye off another big winter crop. Watch Elders (ASX:ELD), Graincrop (ASX:GNC), Australian Agriculture Co (ASX:AAC) and Ridley Corp (ASX:RIC).

Trading Ideas:

  • DGL Group (ASX:DGL) was initiated as a Bell Potter Buy with a $1.50 price target.
  • The a2 Milk Company (ASX:A2M), MA Financial Group (ASX:MAF) and Hearts and Minds Investments (ASX:HM1) are all giving off bullish charting signals, according to Trading Central.

Market Update 16 March

Bell Direct
March 16, 2020

Weekly Wrap 13 March

Jessica Amir
March 13, 2020

Market Update 12 March

Paulina Peters
March 12, 2020

Morning Bell 11 March

Jessica Amir
March 11, 2020

ETF mini-series 3/3: Top ETF picks

Jessica Amir
March 10, 2020

Morning Bell 10 March

Jessica Amir
March 10, 2020

Market Update 9 March

Jessica Amir
March 9, 2020

Weekly Wrap 6 March

Jessica Amir
March 6, 2020

Market Update 6 March

Jessica Amir
March 6, 2020