Skip to main content

Morning Bell 7 April

Jessica Amir
April 7, 2020

The Australian share market is expected to continue to rally at the open, with the futures suggested a 2.4% lift today.

Yesterday the ASX200, gained 4.3% as COVID-19 new cases slowed in Australia, while the energy sector led the charge following its biggest weekly gain in history.

Today further impetus behind us, as US equities surged over 7% higher with the new COVID-19 cases appearing to be slowing there. In Europe cases are slowing, helping the benchmark Stoxx600 end 3.7% up. Meanwhile, the Oil price has held above $26.30 despite losing 8% on uncertainty as to when these crude oil output cuts will come, to stabilise the market.

Investors will be watching: The RBA meets today for its April monthly meeting- with rates expected to remain on hold. Also keep your eyes out for Australian export and import figures, both of which are expected to have slowed in February. So I’d be watching some of Australia’s biggest exporters, BHP (ASX:BHP), Fortescue Metals Group (ASX:FMG), Woodside Petroleum (ASX:WPL), CSL (ASX:CSL), packaging business Amcor (ASX:AMC), gold miner Newcrest Mining (ASX:NCM) and port company Qube (ASX:QUB).

Morning Bell 9 October

Grady Wulff
October 9, 2023

Weekly Wrap 6 October

Grady Wulff
October 6, 2023

Morning Bell 6 October

Sam Kanaan
October 6, 2023

Morning Bell 5 October

Grady Wulff
October 5, 2023

Morning Bell 4 October

Grady Wulff
October 4, 2023

Morning Bell 3 October

Sam Kanaan
October 3, 2023

Morning Bell 2 October

Grady Wulff
October 2, 2023

Weekly Wrap 29 September

Grady Wulff
September 29, 2023

Morning Bell 29 September

Sam Kanaan
September 29, 2023

Morning Bell 28 September

Grady Wulff
September 28, 2023

Morning Bell 27 September

Grady Wulff
September 27, 2023

Morning Bell 26 September

Sam Kanaan
September 26, 2023