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.

Morning Bell 20 November

Grady Wulff
November 20, 2023

Weekly Wrap 17 November

Grady Wulff
November 17, 2023

Morning Bell 17 November

Sam Kanaan
November 17, 2023

Morning Bell 16 November

Sam Kanaan
November 16, 2023

Morning Bell 15 November

Grady Wulff
November 15, 2023

Morning Bell 14 November

Sam Kanaan
November 14, 2023

Morning Bell 13 November

Sophia Mavridis
November 13, 2023

Weekly Wrap 10 November

Sophia Mavridis
November 10, 2023

Morning Bell 10 November

Sam Kanaan
November 10, 2023

Morning Bell 9 November

Sophia Mavridis
November 9, 2023

Morning Bell 8 November

Sam Kanaan
November 8, 2023

Morning Bell 7 November

Sophia Mavridis
November 7, 2023