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

Julia Lee
November 1, 2017

Market Update

Julia Lee
October 31, 2017

Market Update

Julia Lee
October 30, 2017

October review

Julia Lee
October 27, 2017

Market Update

Julia Lee
October 26, 2017

Market Update

Julia Lee
October 25, 2017

Market Update

Julia Lee
October 24, 2017

Market Update

Julia Lee
October 23, 2017

Market Update

Julia Lee
October 19, 2017

Your Money Your Call

Julia Lee
October 18, 2017