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.

April Market Overview

Jessica Amir
April 30, 2020

Morning Bell 30 April

Jessica Amir
April 30, 2020

Morning Bell 29 April

Jessica Amir
April 29, 2020

Morning Bell 28 April

Jessica Amir
April 28, 2020
Ads

Bell Direct | SIMPLË AS

Bell Direct
April 27, 2020

Morning Bell 27 April

Jessica Amir
April 27, 2020

Weekly Wrap 24 April

Jessica Amir
April 24, 2020

Morning Bell 24 April

Jessica Amir
April 24, 2020

Morning Bell 23 April

Jessica Amir
April 23, 2020

Market Update 22 April

Jessica Amir
April 22, 2020