Skip to main content

Morning Bell 3 March

Jessica Amir
March 3, 2020

All eyes are on the RBA today, awaiting that key decision at 2.30pm with the the RBA’s rate indicator tipping rates will be cut to 0.5%, another record low from its current rock bottom 0.75%.

Overnight US stocks enjoyed their biggest bounce back since 2009 with investors buying the dip. We saw US stocks snap their seven day losing streak with monumental gains being seen across all the indices and oil which gained 6% as Russia pledged to cooperate with OPEC.

Aussie share market futures are suggesting the market will lift 1.1%/57 points. Yesterday the ASX200 lost 0.8% yesterday.

What else? Overnight Bell Potter upgraded Appen (ASX:APX), the machine and AI learning company from a Hold to a Buy, and expect its earnings for 2020 to come in higher than Appens’ forecast.  Yesterday Appen closed 7% higher at $22.20.

Weekly Wrap 19 June

Jessica Amir
June 19, 2020

Morning Bell 19 June

Jessica Amir
June 19, 2020

Morning Bell 18 June

Jessica Amir
June 18, 2020

Morning Bell 17 June

Jessica Amir
June 17, 2020

Morning Bell 16 June

Jessica Amir
June 16, 2020

Morning Bell 15 June

Jessica Amir
June 15, 2020

Weekly Wrap 12 June

Jessica Amir
June 12, 2020

Morning Bell 12 June

Jessica Amir
June 12, 2020

Morning Bell 11 June

Bell Direct
June 11, 2020

Morning Bell 10 June

Jessica Amir
June 10, 2020

Morning Bell 9 June

Jessica Amir
June 9, 2020