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.

Market Update

Julia Lee
November 30, 2018

Market Update 28 Nov

Julia Lee
November 29, 2018

November Market Overview

Julia Lee
November 29, 2018

The Spectrum Strategic Income Fund

Bell Direct
November 6, 2018

The Schroder Fixed Income Fund

Bell Direct
November 6, 2018

The Schroder Absolute Return Income Fund

Bell Direct
November 6, 2018

Market Update

Julia Lee
September 21, 2018

Equity Investor 17 September

Julia Lee
September 18, 2018

Equity Investor 10 September

Julia Lee
September 11, 2018

Equity Investor 3 September

Julia Lee
September 4, 2018

Market Update

Julia Lee
August 31, 2018