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 1 March

Sam Kanaan
March 1, 2024

Morning Bell 29 February

Sam Kanaan
February 29, 2024

Morning Bell 28 February

Grady Wulff
February 28, 2024

Morning Bell 27 February

Grady Wulff
February 27, 2024

Morning Bell 26 February

Grady Wulff
February 26, 2024

Weekly Wrap 23 February

Grady Wulff
February 23, 2024

Morning Bell 22 February

Sam Kanaan
February 22, 2024

Morning Bell 21 February

Grady Wulff
February 21, 2024

Morning Bell 20 February

Grady Wulff
February 20, 2024

Morning Bell 19 February

Grady Wulff
February 19, 2024