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
April 26, 2018

Equity Investor 23 April 2018

Bell Direct
April 24, 2018

Market Update

Julia Lee
April 18, 2018

Equity Investor 16 April

Julia Lee
April 17, 2018

Market Update

Julia Lee
April 12, 2018

LIC video – understand the basics

Bell Direct
April 11, 2018

Market Update

Julia Lee
April 6, 2018

Market Update

Julia Lee
March 26, 2018

Market Update

Julia Lee
March 23, 2018

Weekly Wrap 23 March

Julia Lee
March 23, 2018

Equity Investor 20 March

Julia Lee
March 20, 2018

Market Update

Julia Lee
March 19, 2018