Podcasts about ftse100

  • 173PODCASTS
  • 907EPISODES
  • 21mAVG DURATION
  • 5WEEKLY NEW EPISODES
  • May 6, 2025LATEST

POPULARITY

20172018201920202021202220232024


Best podcasts about ftse100

Show all podcasts related to ftse100

Latest podcast episodes about ftse100

Between the Bells
Morning Bell 7 May

Between the Bells

Play Episode Listen Later May 6, 2025 3:36


In the US on Tuesday, Wall St continued its sell-off as investors await further clarity on the global trade and tariff front. The Dow Jones fell 0.95%, the S&P500 lost 0.77% and the tech-heavy Nasdaq ended the day down 0.87%. Tesla shares came off 1.8% on Tuesday after the company's new car sales in Britain and Germany fell to their lowest in more than two years last month despite growing consumer demand for electric vehicles.In Europe overnight, markets in the region closed mostly lower as investors continue to monitor corporate earnings results and uncertainty around the US trade outlook. The STOXX 600 fell 0.18%, Germany's DAX lost 0.4%, the French CAC fell 0.4% and, in the UK, the FTSE100 ended the day up just 0.01%.Across Asia on Tuesday, markets closed mixed as investors in the region continue to assess the unfolding trade situation between the US and key trade partners like China. China's CSI index rose 1.01%, Hong Kong's Hang Seng added 0.7%, India's Nifty 50 fell 0.3%, and Japan's Nikkei was closed for a public holiday.The local market started the new trading week with a sell-off that ended a 7-day winning streak for the ASX200 after key trading updates and uncertainty around tariffs and trade deals weighed on investor sentiment. On Tuesday the key index ended the day down 0.1% as healthcare and the banking stocks weighed on the key index.An increasing amount of locally listed companies have been updating the market with tariff implication expectations and unclear outlook notes that have increased investor panic in recent days. Wisetech Global (ASX:WTC) fell over 2.5% after warning of potential demand risks from tariffs as the latest company to report uncertain outlook.Tabcorp (ASX:TAH) bucked the volatility yesterday with a rise of 9% after the gaming and wagering company announced the wagering market remains strong with a modest improvement to the turnover trend in the wagering market, indicating consumer demand remains strong despite broader volatility.What to watch today:On the commodities front this morning oil has rebounded to trade 3.3% higher at US$59/barrel, gold is up 2.46% at US$3416/ounce and iron ore is down 0.8% at US$97.41/tonne.The Aussie dollar has further strengthened against the greenback to buy 64.94 US cents, 92.51 Japanese Yen, 48.33 British Pence and 1 New Zealand dollar and 8 cents.Ahead of the midweek trading session here in Australia the SPI futures are anticipating the ASX will open the day down 0.38% tracking Wall Street's losses overnight.Trading Ideas:Bell Potter has downgraded the rating on Platinum Asset Management (ASX:PTM) from a hold to a sell after the funds manager released April's results including FUM falling $629m or 6.1% to $9.647bn.And Trading Central has identified a bearish signal on Lovisa (ASX:LOV) following the formation of a pattern over a period of 21-days which is roughly the same amount of time the share price may fall from the close of $24.85 to the range of $19 - $20 according to standard principles of technical analysis.

Between the Bells
Morning Bell 5 May

Between the Bells

Play Episode Listen Later May 5, 2025 3:54


Wall St ended the last trading week on a high after better-than-expected nonfarm payrolls data for April eased recession fears and lifted the S&P500 to its longest winning streak in over 2-decades. The S&P500 gained 1.5% on Friday, the Dow Jones rose 1.4% and the Nasdaq ended the day up 1.51%. Payrolls in the US grew by 177,000 in April, well above the 133,000 economists were expecting in a sign the labour market remains strong despite recession fears amid the Trump tariff turmoil.Across the European region on Friday, markets closed higher on better-than-expected economic data and on trade war de-escalation between China and the US. The STOXX 600 rose 1.7%, Germany's DAX added 2.62%, France's CAC rose 2.33% and, in the UK, the FTSE100 ended the day up 1.17%.Asia markets ended the week in the green as trade talks between China and the US continue to make progress. Hong Kong's Hang Seng rose 1.74%, India's Nifty 50 rose 0.21%, Japan's Nikkei added 1.04%, and South Korea's Kospi Index ended the day up 0.12%.Locally on Friday, the ASX200 ended the week on a high a gain of 1.1% boosted by strength among tech stocks following a strong night for the Nasdaq on Thursday night despite gloomy earnings out of Amazon, Block and Apple.Corporate Travel Management (ASX:CTD) tumbled 9.2% on Friday after saying it expects to report lower revenue and earnings growth due to the initial impact of tariffs on client demand, while Block sank 25.9% after the digital payments provider lowered its full year guidance. What to watch today:On the commodities front this morning, oil is trading 3.6% lower at US$56.24/barrel, gold is up 0.14% at US$3244/ounce and iron ore is down 1.07% at US$98.19/tonne.The Aussie dollar has further strengthened against the greenback to buy 64.53 US cents, 93.38 Japanese Yen, 48.56 British Pence, and 1 New Zealand dollar and 8 cents.Ahead of Monday's trading session, the SPI futures are anticipating the ASX will open the day up 0.4% to extend on last week's gains.Trading Ideas:Bell Potter has raised the 12-month price target on Woolworths Group (ASX:WOW) from $30.75 to $31.85 and maintain a hold rating on the supermarket giant following the release of the company's Q3 results including 3.2% YoY sales growth on a group level, while Australian food revenues rose 3.6% and Australian B2B business revenues rose 6.4%. NZ food sales rose just 1.8% YoY and W Living sales fell 2.6% YoY. The reason for the maintenance of the hold rating is that Woolworths is currently trading on a multiple consistent to Coles and the analyst feels it is difficult to see the catalyst to return the rating to a premium compared to Coles at present.And Bell Potter has reduced the rating on SGH (ASX:SGH) from a buy to a hold and have reduced the 12-month price target on the company from $57 to $54.50 following a mixed outlook in the company's operating divisions. While equipment orders are lifting, aggregate prices are falling and the construction market remains flat in recent months. Trading on a 20.3x FY26 PE, the analyst believes SGH is currently fairly valued.

Between the Bells
Morning Bell 1 May

Between the Bells

Play Episode Listen Later May 1, 2025 4:00


Wall St closed mixed on Wednesday following the release of US GDP data for Q1 that indicated economic contraction of 0.3% QoQ which is well below the 2.4% expansion reported in Q4 and below economists' expectations of a 0.5% rise in GDP for the latest reading. The slide in GDP enhanced investor fears of a US recession which impacted equities on Wednesday. The Dow Jones rose 0.35%, and the S&P500 gained 0.15% but the Nasdaq ended the day down 0.09%. Consumer confidence, JOLTs Job Openings and the personal spending index all in the US were also released for the latest period overnight with each coming in poorer than economists' were expecting.European markets closed higher on Wednesday as investors reacted to worse-than-expected economic data out of the US. The STOXX 600 rose 0.46%, Germany's DAX gained 0.32%, the French CAC added 0.32% and, in the UK, the FTSE100 ended the day up 0.37%Asia Markets closed mixed on Wednesday as investors digested an array of key economic data out in the region and ahead of the Bank of Japan's rate meeting kicking off. Japan's Nikkei rose 0.57%, Hong Kong's Hang Seng gained 0.51%, and China's CSI index fell 0.12% after China's manufacturing activity dropped more than expected in April to enter contraction territory.Locally on Wednesday, the ASX extended its rally into the midweek session with a gain of 0.7% taking lead from Wall Street's strength on Tuesday. Real estate stocks led the gains on Wednesday while other rate sensitive sectors like Tech and consumer discretionary stocks posted notable gains.Australia's latest inflation reading for the March Quarter was released yesterday with monthly inflation rising 0.9% while the annual rate remained at 2.4%. Trimmed mean inflation fell to 2.8% in the quarter which is now back within the RBA's target 2-3% range. Markets are expecting a 62% chance of a rate cut to be announced at the next RBA meeting in May prior to the CPI reading release yesterday.Gold producer Northern Star Resources (ASX:NST) extended its sell-off yesterday after the gold giant lowered its output guidance for FY25, while Ora Banda (ASX:OBM) also tumbled over 6% after also lowering full-year production guidance.What to watch today:Ahead of Thursday's trading session the SPI futures are anticipating the ASX will open the first session of the new trading month down 0.34% following Wall Street's turbulence overnight.On the commodities front this morning oil is trading 3.42% lower at US$58.35/barrel, gold is down 1.13% at US$3279/ounce and iron ore is down 0.1% at US$99.76/tonne.The Aussie dollar has strengthened against the greenback overnight to buy 64.08 US cents, 91.62 Japanese Yen, 47.61 British Pence and NZ$1.08.Trading Ideas:Bell Potter has downgraded the rating on Regis Resources (ASX:RRL) from a buy to a hold and have raised the 12-month price target to $4.57 on the gold producer following the release of the company's March quarter report which beat BPe on production and costs. The downgrade to a hold is simply due to recent share price appreciation.Trading Central has identified a bullish signal on Autosports Group (ASX:ASG) following the formation of a pattern over a period of 97-days which is roughly the same amount of time the share price may rise from the close of $1.94 to the range of $2.11 to $2.17 according to standard principles of technical analysis.

Between the Bells
Morning Bell 30 April

Between the Bells

Play Episode Listen Later Apr 30, 2025 4:36


The recent rally on Wall St extended into Tuesday's session as investor optimism was boosted by the White House saying a major trade deal is close to being announced. The S&P500 rose 0.58% to notch a 6th straight winning session, while the Dow Jones rallied 0.75% to also post a 6th straight winning day, and the Nasdaq ended the day up 0.55%.In Europe overnight, it was a sea of green as investors responded to corporate results out in the region including Lufthansa posting a revenue beat, Deutsche Bank reporting a 39% rise in first-quarter profit and HSBC topping profit expectations. The STOXX 600 rose 0.4%, Germany's DAX added 0.1%, the French CAC gained 0.8% and, in the UK, the FTSE100 ended the day up 0.6%.Across the Asia region on Tuesday, markets closed mixed as investors assessed corporate earnings results and Trump's move to reduce automotive tariffs. China's CSI index ended down 0.17%, while Hong Kong's Hang Seng rose 0.16% and South Korea's Kospi index ended the day with a gain of 0.65%.The local market started the new trading week in positive territory with the ASX200 hitting a 2-month high to end Tuesday's session up 0.9%. Trump's tariff concerns remain in the background of investor concerns right now but are being overlooked ahead of the all-important local inflation reading out today and ahead of the RBA's anticipated rate cut to come in May. Yesterday we had further clarity out of the US that negotiation talks on tariffs between China and the US are progressing and Trump reduced the tariff he recently imposed on automotive sales.The recent uranium stock rally extended yesterday as the price of the commodity rose 0.6% to US$67/pound, but more of the gains can be explained by Boss Energy's (ASX:BOE) driving force after the uranium producer reported its first quarter of free cash flow generation and that output and costs had met or beat expectations. Boss Energy rose over 14% on Tuesday, Deep Yellow (ASX:DYL) gained 11.71%% and Paladin Energy (ASX:PDN) ended the day up 8.5%.Elsewhere in the mining space, Mineral Resources (ASX:MIN) surged over 12% on Tuesday despite releasing a quarterly update including iron ore output guidance slashed again and the company burnt through $300m of cash in the quarter.What to watch todayOn the commodities front:Oil is down 2.64% at US$60.41/barrel, gold is down 0.6% at US$3317.80/ounce and iron ore is flat at US$99.91/tonne.The Aussie dollar is buying 63.86 US cents, 90.90 Japanese Yen, 47.86 British Pence and 1 New Zealand dollar and 8 cents.Ahead of the midweek trading session here in Australia the SPI futures are anticipating the ASX will open the day up 0.35% tracking global market gains overnight.Also today we will receive the latest March quarter inflation reading with the market forecasting an uptick of 0.8% in the reading, which will indicate inflation continues to ease and provides the RBA with further support for a rate cut at the next meeting in May.Trading IdeasBell Potter has downgraded the rating on Catalyst Metals (ASX:CYL) from a buy to a hold and have raised the 12-month price target on the gold production and development company following the release of the company's Q3 results including total gold production of 24.3koz at AISC of A$2765/ounce. With growth on the horizon, the downgrade to a hold is simply on the grounds of current valuation of the company being within the Bell Potter hold criteria.And Trading Central has identified a bullish signal on Perenti (ASX:PRN)following the formation of a pattern over a period of 40-days which is roughly the same amount of time the share price may rise from the close of $1.38 to the range of $1.58 to $1.62 according to standard principles of technical analysis.

Between the Bells
Morning Bell 28 April

Between the Bells

Play Episode Listen Later Apr 28, 2025 3:23


Wall St closed higher on Friday as investors continue to navigate the evolving situation on a global trade front while the big tech names got a welcome boost following a sell-off in recent times. The S&P500 rose 0.74% on Friday for a fourth straight winning session while the Nasdaq gained 1.26% and the Dow Jones ended the day up 0.05%.Over in Europe on Friday, markets closed higher as earnings reports out in the region were well-received by investors despite ongoing trade uncertainty. The STOXX 600 rose 0.35%, Germany's DAX added 0.8%, the French CAC added 0.45%, and in the UK, the FTSE100 ended the day up 0.1%.Across the Asia region to end the week markets closed mostly higher as investors continue to assess the possibility of easing trade war tensions between China and the US. Hong Kong's Hang Seng rose 0.24%, China's CSI index closed flat, Japan's Nikkei rose 1.9% and South Korea's Kospi index ended the day up 0.95%.Locally on Thursday the ASX200 rose 0.6% to end the holiday shortened trading week up 2.3% as investor optimism around a rate cut out of the RBA in May boosted investor sentiment. While Trump's tariff moves continue to weigh on investor sentiment, we are seeing certain companies rally from exemptions like ResMed (ASX:RMD) soaring 8.5% on Thursday after revealing its sleep apnoea devices have received an exemption from Trump's tariffs. Uranium miners also rallied on Thursday with Paladin Energy (ASX:PDN) jumping 12% after announcing record production at its Langer Heinrich mine in Namibia.What to watch todayAhead of Monday's trading session in Australia the SPI futures are anticipating the ASX will open the day just 0.02% higher.On the commodities front this morning oil is trading 0.71% higher at US$63.44/barrel, gold is down 0.26% at US$3311/ounce and iron ore is down 0.06% at US$99.92/tonne.The Aussie dollar has further strengthened against the greenback to buy US$0.64, 91.93 Japanese Yen, 48.10 British Pence and NZ$1.07.Trading IdeasBell Potter has slightly reduced the 12-month price target on Seek (ASX:SEK) from $27.00 to $25.80 and maintain a buy rating on Australia's leading online jobs advertisement platform following a mixed month of jobs report for March. For the month, Seek's employment report for Australia outlined an accelerating decline for job ads, down 12.8% YoY on platform and the ABS' internet job ad vacancy index also worsened for March, down 16.3%. Despite the weakness in the ABS data, Seek is significantly outperforming ABS data.And Trading Central has identified a bullish signal on Autosports Group (ASX:ASG) following the formation of a pattern over a period of 55-days which is roughly the same amount of time the share price may rise from the close of $1.83 to the range of $2.00 to $2.06 according to standard principles of technical analysis.

Between the Bells
Morning Bell 22 April

Between the Bells

Play Episode Listen Later Apr 21, 2025 2:02


Wall St closed lower overnight as Donald Trump criticized Federal Reserve Chair, Jerome Powell. The Dow Jones fell by 2.48%, the S&P 500 dropped 2.36% and the tech-heavy Nasdaq ended Monday's trading session 2.55% in the red.Over in Europe, markets closed flat on Thursday following the European Central Banks decision to cut interest rates. The STOXX600 fell 0.1% lower, Germany's DAX fell 0.49%, the French CAC dropped 0.6% and over in the UK, the FTSE100 closed the trading session flat.Locally on Thursday, the ASX200 closed 0.78% higher with all but one major sector closing in the green. Gains were led by the energy and material sectors which rose by 3.82% and 1.45% respectively. This was slightly offset by the health sector which dropped by 0.13% by the closing bell.What to watch today:The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.6% at market open this morning.On the commodities front this morning,Oil is trading 1.9% lower at US$63.45 per barrel Gold is trading 3.15% higher at US$3,431 an ounce Iron ore is trading 0.13% lower at US$99.92 per tonne.Trading Ideas:Bell Potter maintains a buy rating on Pilbara Minerals (ASX:PLS) and has a 12-month price target of $2. With a current share price of $1.43 this indicates a share price growth of 40% over the next 12-months, hence the buy rating is maintained.Trading Central has identified a bullish signal on Light & Wonder (ASX:LNW) indicating that the share price may rise from the close of $125.67 to the range of $169-$179, on a pattern formed over 16 days, according to the standard principles of technical analysis.

Between the Bells
Morning Bell 16 April

Between the Bells

Play Episode Listen Later Apr 16, 2025 3:56


Wall St closed modestly lower on Tuesday as investors shifted focus from tariffs to first quarter earnings results. The Dow Jones lost 0.38%, the S&P500 fell 0.17% and the tech-heavy Nasdaq ended the day down 0.05%. Bank of America rose 3.6% yesterday after exceeding analysts' expectations for Q1 results, while Untied Airlines and Netflix are also expected to report this week. Boeing shares fell more than 2% though on Tuesday on reports that Beijing ordered Chinese airlines not to take anymore of the company's planes.In Europe overnight, markets in the region rose amid investor optimism of further tariff exemptions to come from the White House. The STOXX 600 rose 1.6%, Germany's DAX added 1.3%, the French CAC gained 0.9% and, in the UK, the FTSE100 ended the day up 1.5%.Across the Asia region on Tuesday, markets mostly rose in the region as a tech rally boosted investor sentiment. Japan's Nikkei rose 0.84%, South Korea's Kospi Index gained 0.88%, India's Nifty 50 rose 2.18% and Hong Kong's Hang Seng ended the day up 0.23%.The local market rallied for a second session on Tuesday with a gain of 0.17% after a day of relative calm with minimal news on the tariff front out of the White House. Investors increasingly sought out defensive stocks on Tuesday with CSL and CBA rising 2.56% and 0.87% respectively.The high growth tech sector came under pressure on Tuesday despite strength on the Nasdaq on Monday and Trump's exemption of key tech tariffs. KFC Australia operator Collins Food Group fell over 7.7% on Tuesday after announcing the results of its strategic review including the exiting of its Taco Bell operations in Australia and further expansion of KFC into Germany.Accent Group on the other hand rallied over 4.5% after announcing it will launch and operate leading global sports retailing business, Sports Direct to Australia and New Zealand. The leading Australian retailer also announced a long-term strategic relationship with Frasers Group, a global retailer of sports, premium and luxury brands based in London, with Frasers also increasing its stake in Accent Group to 19.57%.What to watch today:The Aussie dollar has further strengthened against the greenback to buy 63.48 US cents, 90.82 Japanese Yen, 48.08 British Pence and 1 New Zealand dollar and 8 cents.On the commodities front this morning, oil is trading 0.33% lower at US$61.32/barrel, gold is up 0.5% at US$3227.51/ounce and iron ore is up 0.13% at US$100.08/tonne. Ahead of the midweek trading session the SPI futures are anticipating the ASX will open the day down just 0.04% Trading Idea.s:Bell Potter has downgraded the rating on Evolution Mining (ASX:EVN) from a buy to a hold and have raised the 12-month price target on the gold and copper miner from $7.89 to $8.10 following the release of the company's March quarter report which came in strong as Bell Potter was expecting. The downgrade to a hold simply follows recent share price appreciation.Trading Central has identified a bullish signal on Universal Stores (ASX:UNI) following the formation of a pattern over a period of 38-days which is roughly the same amount of time the share price may rise from the close of $7.46 to the range of $10.10 to $10.70 according to standard principles of technical analysis.

Between the Bells
Morning Bell 14 April

Between the Bells

Play Episode Listen Later Apr 14, 2025 3:31


Wall Street ended the rollercoaster week of last week in the green on Friday after possibly the most volatile week in NYSE history as investors responded live to Trumps tariff updates as they were announced. The Dow Jones rose 1.56%, the S&P500 rose 1.81% and the Nasdaq ended the last trading session of the week up 2.06%. The rise in investor optimism on Friday was due to the White House remaining optimistic a deal on tariffs would be done with China. Let's hope for some more clarity and calm on global markets this week.In Europe on Friday markets in the region closed mostly lower to round off a choppy week for stocks in the Eurozone. The STOXX 600 fell 0.1%, Germany's DAX fell 0.9%, the French CAC dropped 0.3%, and, in the UK, the FTSE100 ended the day up 0.64%.Across the Asia region on Friday markets closed mixed as investors assessed escalating trade wars with the US. Japan's Nikkei lost almost 3%, South Korea's Kospi index fell 0.5%, but Hong Kong's Hang Seng rose 1.13% and China's CSI index ended the day up 0.41%.Locally on Friday the ASX200 fell 0.82% with every sector aside from consumer discretionary stocks ending the day in the red, with healthcare taking the biggest hit amid Trump's latest tariff announcement on producers in the sector. For the week, the ASX200 lost just 0.28% despite the extreme highs and lows of the trading week.What to watch today:Gold miners rallied last week as the price of the precious commodity topped US$3200/ounce for the first time later in the week.On the commodities front this morning oil is trading 2.38% higher at US$61.50/barrel, gold is up 1.5% at US$3236.55/ounce and iron ore is up just 0.06% at US$99.95/tonne.The Aussie dollar has slightly improved against most currencies to buy 62.86 US cents, 90.64 Japanese Yen, 49.03 British Pence and 1 New Zealand dollar and 8 cents.Ahead of Monday's trading session here in Australia the SPI futures are anticipating the ASX will open the day up 0.23%.This week will be interesting on the tariffs front as we ended last week with Trump raising total tariffs on China to 145% but backtracked on electronics and certain imports that support large caps like Apple.Trading Ideas:Bell Potter has downgraded the rating on Lynas Rare Earths (ASX:LYC) from a hold to a sell as the analyst believes valuation has been overextended and the current share price prices in optimistic expectations. The analyst still believes Lynas is a high-quality business with viable growth options and a strong management team.Trading Central has identified a bullish signal on Waypoint REIT (ASX:WPR) following the formation of a pattern over a period of 90-days which is roughly the same amount of time the share price will rise from the close of $2.50 to the range of $2.65 to $2.69 according to standard principles of technical analysis.

Between the Bells
Morning Bell 15 April

Between the Bells

Play Episode Listen Later Apr 14, 2025 3:49


Wall Street started the new trading week in the green as investors welcomed the latest tariff exemption from Trump in the form of smartphones and computers in addition to other devices and components like semiconductors. The Dow Jones rose 0.78% on Monday, the S&P500 gained 0.79% and the tech-heavy Nasdaq ended the day up 0.64%. While the tariff exemption is welcome right now, Trump teased on Sunday that the exemptions are not permanent, i.e. the Trump tariff rollercoaster continues.In Europe on Monday, markets closed higher as Trump exemptions boosted investor sentiment, temporarily. The STOXX 600 rose 2.7%, Germany's DAX gained 2.6%, the French CAC added 2.4% and, in the UK, the FTSE100 ended the day up 2.4%.Across Asia to start the week, markets in the region rallied as investor appetite for growth and tech stocks rose on Trump's latest exemption announcement. Hong Kong's Hang Seng rose 2.4%, China's CSI index added 0.23%, Japan's Nikkei rose 1.18%, and South Korea's Kospi Index ended the day up 0.95%.Locally on Monday, the ASX200 started the new trading week with a significant rise of 1.3% as investors hold high hopes tariff relief after President Trump began scaling back some tariffs in recent days. Mining stocks regained momentum yesterday with the materials sector rising %, while 10 of the 11 sectors ended the day in the green.Neuren Pharmaceuticals soared 21% yesterday after the drug maker announced the US FDA has approved the outcomes of a key trial of the company's second drug candidate for the treatment of Phelan-McDermid Syndrome in Children, which paves the way for the company's final US FDA approval of the drug before it hits the market.Gold miners are again drawing investor attention as the price of the precious commodity rallied to yet another fresh record high on Monday and UBS lifted its gold price forecast for the second time in a week, this time to an average of US$3500/ounce in 2026.On the commodities front this morning, oil is trading 0.18% higher at US$61.61/barrel, gold is down 0.74% at US$3212.46/ounce and iron ore is up just 0.06% at US$99.95/tonne.What to watch today:The Aussie dollar has further strengthened against the greenback overnight to buy 63.24 US cents, 90.50 Japanese Yen, 48.11 British Pence and 1 New Zealand dollar and 8 cents.Ahead of Tuesday's trading session here in Australia, the SPI Futures are anticipating the local market will open the day up 0.23% tracking global market gains overnight.Trading Ideas:Bell Potter has raised the 12-month price target on De Grey Mining (ASX:DEG) from $1.97 to $2.58 and maintain a hold rating on the gold exploration and development company after Gold Road Resources announced its intention to vote in favour of the proposed all-scrip acquisition of DEG by Northern Star, as Gold Road Resources has an approximate 17.3% stake in DEG.Trading Central has identified a bullish signal on SRG Global (ASX:SRG) following the formation of a pattern over a period of 21-days which is roughly the same amount of time the share price may rise from the close of $1.25 to the range of $1.38 to $1.42 according to standard principles of technical analysis.

The Firm Analyst
S13EP2: US Tariffs - The Markets Can Take Pain, But Not Uncertainty

The Firm Analyst

Play Episode Listen Later Apr 13, 2025 47:39


To say these last few weeks have been volatile is a gross understatement. Donald Trump recently unleashed a wave of tariffs which have sent the global markets into flux. In this episode, we try to unpack the unfolding mayhem and assess how the markets are reacting by looking at US/UK government bond yields, the S&P 500, the FTSE100, the US Dollar index and the price of gold in the last two weeks. We round off the episode by looking the micro effects of this global trade war and investigate how deal uncertainty has led to the deployment of force majeure clauses and resulted in abortive transactions. We also take a look at how lawyers will be assisting clients with their liability management via hedging while covering the main risks keeping investors up at night during this crisis.I hope you enjoy the episode. Feel free to share it across all your platforms!

Between the Bells
Morning Bell 8 April

Between the Bells

Play Episode Listen Later Apr 7, 2025 3:38


Wall Street started the new trading week mostly in the red as investors piled out of equities for a third straight session after President Trump threatened even higher tariffs against China on Monday. Trading volume hit the highest level in 18 years yesterday with markets trading around 29 billion shares. The Dow Jones fell 0.91% on Monday, the S&P500 shed 0.23% and the tech-heavy Nasdaq ended the day up 0.1%.In Europe overnight, markets in the region started the new trading week lower as investors continue to fear the global fall out of Trump's Tariffs and implications on economic activity in the Eurozone. The STOXX 600 tumbled 4.54%, Germany's DAX lost 4.26%, the French CAC plummeted 4.8%, and in the UK, the FTSE100 ended the day down 4.4%.Asia markets started the week with another sea of red as global trade war fears escalate following China's reciprocal tariff announcement on Friday. Hong Kong's Hang Seng plummeted 13.22%, China's CSI index fell 7.05%, Japan's Nikkei tumbled 7.83% and South Korea's Kospi index ended the day down 5.57%.Locally on Monday, the ASX200 tanked over 4% to post the biggest loss in 5-years after China retaliated with tariffs on US goods, escalating the global trade war and tensions on a global scale.Abacus Storage King was among the only winners on Monday with a rally over 20% after its majority investor Ki Corporation and NYSE-listed Public Storage lobbed a proposal to buy the remaining stake for $1.47 a share.Market heavyweights tanked yesterday, with CBA diving over 6%, so too did BHP and other miners as the price of iron ore slumped on global trade and demand concerns.What to watch today:Ahead of Tuesday's trading session here in Australia the SPI futures are anticipating the ASX will open the day up 0.75% to recover some of the heavy losses experienced in recent days.On the commodities front this morning, the sea of red continues with oil trading 1.12% lower at US$61.29/barrel, gold is down 1.65% at US$2987/ounce and iron ore is down 1.5% at US$102.64/tonne.The Aussie dollar has further weakened against the USD overnight to buy US$0.59, 88.67 Japanese Yen, 47.08 British Pence and NZ$1.08.Trading Ideas:Bell Potter has initiated coverage of Trajan Group (ASX:TRJ) with a buy rating and a 12-month price target of $1.50 on the global developer of scientific measurement devices as the analyst sees the company is returning to growth. The analyst sees Trajan Group as offering deep value given it is trading at a 47% discount to close peer Tecan and a 60^ discount to major US peers.And Trading Central has identified a bearish signal on EBR Systems (ASX:EBR) following the formation of a pattern over a period of 52-days which is roughly the same amount of time the share price may fall from the close of $1.39 to the range of 75 to 85cps according to standard principles of technical analysis.

Between the Bells
Morning Bell 7 April

Between the Bells

Play Episode Listen Later Apr 6, 2025 4:13


Wall St was smashed again on Friday as investors fled equities amid concerns over Trump's latest tariff implications on the US economy. The Dow Jones tumbled 5.5%, the S&P500 lost 5.97% and the tech-heavy Nasdaq plunged 5.8%. China's commerce ministry said on Friday that it will impose a 34% levy on all US products without negotiation with President Trump, while tech and other stocks with exposure to China also tumbled as investors brace for impact on such company's sales, financials and growth outlook.In Europe on Friday, markets in the region closed sharply lower as investors digested Trump's liberation day tariffs and after China retaliated with tariffs on the US. The STOXX 600 fell 5%, Germany's DAX fell 4.7%, the French CAC lost 4.3% and, in the UK, the FTSE100 ended the day down just shy of 5%.Across the Asia region to end the week, markets closed lower as the global tariff sell-off extended into the region. China's CSI index fell 0.59%, Japan's Nikkei tumbled over 4%, Hong Kong's Hang Seng declined 1.52% and South Korea's Kospi Index ended the day down 0.76%.The local market tumbled 2.4% on Friday erasing 57b$ from the ASX200 after global markets reacted to Trump's liberation day tariff handouts that were larger and broader than expected.Our market followed the US free-fall on Thursday that saw the Nasdaq tumble 6%, the S&P 500 drop 4.84% and the Dow Jones decline 4%.Stocks with exposure to the US market were heavily sold off as investors fled exposure to cost hikes faced by such companies under the new 10% blanket tariff on all Aussie exports bound for the US.In the wake of global uncertainty, investors are increasingly dumping growth stocks in favour of supermarkets given their defensive nature, lack of exposure to the US and guaranteed earnings no matter the time of economic cycle.Breville Group has been hit hard by the US tariff imposition with the company falling over 11% on Friday and over 6% on Thursday as the company manufactures in China and attributes a large portion of revenues to the US market. Breville has already started moving production out of China, however, will need to assess pricing and strategize to overcome the tariff implications.Growth stocks associated with the AI revolution were also heavily sold off on Friday with NextDC falling over 6% while geolocation tracking app with a high presence in the US, Life 360, fell over 8%.What to watch today:Ahead of Monday's trading session to start the new trading week, the SPI futures are anticipating the ASX will open the day down 4.3% tracking the global sell-off on Friday.On the commodities front this morning it is a sea of red across the commodities space with oil down 3.14% at US$60/barrel, gold is down 0.57% at US$3020/ounce and iron ore is down 1.5% at US$102.64/tonne.The Aussie dollar has weakened against the greenback over the weekend to buy US$60.02, 87.07 Japanese Yen, 46.77 British Pence and NZ$1.08.Trading Ideas:Bell Potter has downgraded the rating on Bellevue Gold (ASX:BGL) from a buy to a hold and have lowered the 12-month price target on the gold producer from $2 to $1.30 per share after Q3 production missed guidance by 30%.And Trading Central has identified a bearish signal on Generation Development Group (ASX:GDG) following the formation of a pattern over a period of 53-days which is roughly the same amount of time the share price may fall from the close of $4.36 to the range of $3.40 to $3.70 according to standard principles of technical analysis.

Between the Bells
Morning Bell 3 April

Between the Bells

Play Episode Listen Later Apr 2, 2025 2:17


Wall St closed higher overnight as investors get ready for the rollout of President, Donald Trump's reciprocal tariff plans. The Dow Jones gained over half a percent, the S&P500 rose by 0.67% and the tech-heavy Nasdaq jumped 0.87%.Over in Europe, markets closed lower as traders digest news of Trump's tariff plans. The STOXX600 fell half a percent with most sectors closing Wednesday's trading session in the red. Germany's DAX lost 0.66%, the French CAC dropped 0.22% and over in the UK, the FTSE100 ended the day 0.3% down.Locally yesterday, the ASX200 rose by 0.12% with half of the major sectors closing in the green. Gains were led by the real estate and communication services sectors which rose by 1.63% and 0.8% respectively. This was offset by the materials sector which fell by 1.61% by the closing bell.What to watch today:The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.53% at market open this morning.On the commodities front this morning,Oil is trading 0.66% down to 70 US dollars and 65 cents a barrel as Trump's tariff announcement increases uncertainty on oil demand.Gold is trading up 0.47% at 3129 US dollars an ounce and iron ore is trading 0.29% lower at 102 US dollars and 21 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on HUB24 (ASX:HUB), despite reducing its 12-month price target to $78. With a current share price of $68.11, this indicates a share price growth of 14.5% over the next 12-months, hence the buy rating is maintained.And Bell Potter maintains a hold rating on Netwealth Group (ASX:NWL) and has a 12-month price target of $25.80. Bell Potter maintains a hold rating as they see emerging upside risk to flows with longer-term growth already captured and implied in discounted cashflows through their valuation approach. Other providers have delivered impactful new technology enhancements during the last 12-months, limiting the balance of growth and margins, hence the hold rating is maintained.

Between the Bells
Morning Bell 2 April

Between the Bells

Play Episode Listen Later Apr 1, 2025 4:43


Wall Street closed Tuesday's session higher in yet another volatile session as traders took advantage of market uncertainty ahead of Trump's tariff handouts on April 2nd US time, and on the back of weaker-than-expected economic data weighing on investor sentiment. The S&P500 rose 0.38%, the Dow Jones added 0.03% and the Nasdaq ended the day up 0.87%. Investor sentiment was also hit by the Institute for Supply Management manufacturing survey coming in lighter than expected and in contraction territory for February, while February's job openings were also slightly below estimates in signs the economy is slowing due to tariff implications on US economic stability.In Europe overnight, markets reversed Monday's losses to close higher as eurozone inflation data for March showed inflation in the region cooled as expected to 2.2% for the month. The STOXX 600 rose 1.07%, Germany's DAX added 1.7%, the French CAC gained 1.1% and, in the UK, the FTSE100 ended the day up 0.61%.Across the Asia markets on Tuesday, markets also rebounded in the region following Monday's sell-off as investors await clarity on Trump's incoming tariffs, Japan's Nikkei rose 0.11%, South Korea's Kospi Index added 1.62%, Hong Kong's Hang Seng gained 0.38% and China's CSI index ended the day flat.The local market started the trading week mixed with the third-worst session of 2025 posted on Monday followed by a recovery on Tuesday with the key index ending Tuesday's session up 1%.The RBA also held the nation's cash rate at 4.1% for the next period to assess the unfolding trade situation with the US and to ensure inflation in Australia remains on track in the target range of 2-3%.Elsewhere in the economic data space, Australia's latest retail sales figures for February were released yesterday coming in at a rise of 0.2% for February which fell short of economists' expectations and is a positive reading for Australia's inflation journey easing as consumer spend is a big contributor to inflationary pressures.Investors really are riding the wave of volatility right now ahead of Trump's ‘Liberation Day' reciprocal tariff day in the US on Wednesday the 2nd April whereby it is expected the US President will announce an array of tariffs on countries that he believes have been unfairly taxing US imports for some time.The recent volatility has propelled gold to yet another record high overnight with the price of the commodity touching US$3145/ounce as investors flock to the safe-haven asset during times of high uncertainty.What to watch today:Ahead of the midweek trading session here in Australia the SPI futures are anticipating the ASX will open the day up 0.35% tracking Wall Street's rally overnight.On the commodities front this morning, oil is trading 0.33% lower at US$71.25/barrel, gold is down 0.24% at US$3112/ounce and iron ore is up 0.08% at US$102.51/tonne.The Aussie dollar has slightly strengthened against the greenback overnight to buy US$0.62, 93.70 Japanese Yen, 48.44 British pence and NZ$1.10 cents.Trading Ideas:Bell Potter has downgraded Opthea (ASX:OPT) to a sell rating from a buy rating and have dropped the 12-month price target on the company to 5cps following the release of Phase 3 trial results that failed to show any benefit in improving visual acuity when combined with either Eylea or Lucentis across both primary and key secondary endpoints.And Bell Potter has raised the 12-month price target on Aristocrat Leisure (ASX:ALL) from $83 to $85 and maintain a buy rating on the hotels and gaming company after the company's Phoenix Link has grown to 750 units in the EK database after just 4-months with performance strong at 2.5x floor average although trending down. The analyst expects operating momentum in FY25 to accelerate, particularly in Gaming Operations.

Between the Bells
Morning Bell 1 April

Between the Bells

Play Episode Listen Later Mar 31, 2025 4:08


The world's largest market, the US, started the new trading week mostly in the green despite investors remaining nervous about ‘liberation day' on April 2nd whereby it is expected President Donald Trump will announce an array of reciprocal tariffs on countries he believes have been tough on the US in terms of tariffs and trade in recent years. The Dow Jones rose 1%, the S&P500 added 0.55% and the tech-heavy Nasdaq ended the day down 0.14%.In Europe overnight the sea of red extended into the new trading week across the region as investors brace for reciprocal tariffs out of the US on 2nd April. The STOXX600 fell 1.51% to post the first losing month on the index for 2025. Germany's DAX lost 1.33%, the French CAC fell 1.58% and, in the UK, the FTSE100 ended the day down 0.88%.Across the APAC region on Monday, markets also closed lower on Monday ahead of Trump's second round of tariffs to be announced. Japan's Nikkei plunged 4.05%, China's CSI index lost 0.71%, Hong Kong's Hang Seng fell 1.09% and South Korea's Kospi index ended the day down 3%.South Korea and Japan are expected to bear much of the brunt of Trump's newly introduced 25% automotive tariff with these regions ranking 2nd and 3rd among the countries with the highest automotive trade with the US.Locally to start the week the ASX200 plunged into the red with a 1.7% decline at the closing bell to mark the 3rd worst trading session of the year, as global market sentiment remains uneasy amid escalated tariff, trade war and subdued economic global growth concerns.The iron ore mining giants were sold off on Monday as the outlook for exports remains murky, especially to our largest trade partner, China. BHP, Rio and Champion Iron each fell over 3%, over 4% and over 5% respectively to start the new trading week lower.Domain shares fell almost 2% on Monday after the board unanimously recommended a takeover bid from US real estate company CoStar to shareholders. Shareholders were seemingly unimpressed which led to the sell-off yesterday.What to watch today:Ahead of Tuesday's trading session the ASX, the SPI futures are anticipating the market will open the day up 0.85% tracking Wall Street's gains overnight.The all-important RBA interest rate meeting is today with the market expecting Australia's central bank to hold the current cash rate at 4.1% for the next period.On the commodities front this morning, oil is trading 2.85% higher at US$71.34/barrel, gold is 1.3% higher at US$3124/ounce and iron ore is up 0.07% at US$102.43/tonne.The Aussie dollar has weakened against the greenback overnight to buy US$0.62, 93.67 Japanese Yen, 48.22 British Pence and NZ$1.10.Trading Ideas:Bell Potter has slightly reduced the 12-month price target on Light & Wonder (ASX:LNW) from $205 to $197 and maintain a buy rating on the leading global cross-platform games operator after Aristocrat Leisure escalated its legal fight against Light and Wonder with a second amended complaint around LNW's Jewel of the Dragon game.And Trading Central has identified a bearish signal on Cochlear (ASX:COH) following the formation of a pattern over a period of 23-days which is roughly the same amount of time the share price may fall from the close of $262.30 to the range of $246 to $250 according to standard principles of technical analysis.

Between the Bells
Morning Bell 31 March

Between the Bells

Play Episode Listen Later Mar 30, 2025 3:57


Wall Street closed lower on Friday as hotter-than-expected personal spending inflation data and US trade policy uncertainty dampened investor sentiment. The Dow Jones fell 1.7% on Friday, the S&P 500 lost 1.97% and the tech heavy Nasdaq ended the day down 2.7%.On Friday U.S. core personal consumption expenditures price index came in hotter-than-expected for February with a rise of 2.8% and 0.4% MoM indicating persistent inflation across consumer spending.Over in Europe on Friday, markets in the region closed lower as global market sentiment declines on trade and tariff uncertainty. The STOXX 600 fell 0.77%, Germany's DAX and the French CAC each lost 1%, and, in the UK, the FTSE100 ended the day flat.Across Asia on Friday, Trump tariff threats continue to keep investors on edge in the region which led to a negative day across the board on Friday. Japan's Nikkei lost 1.8%, South Korea's Kospi index ended the day down 1.9%, Hong Kong's Hang Seng fell 0.65% and China's CSI index ended the day down 0.44%.Locally to end the week the ASX edged 0.2% higher to end a volatile trading week as Trump's tariffs cloud economic outlook on a global scale. Despite the turbulence, the ASX200 posted a 0.6% gain for the trading week last week as a 2.55% rally for the financial sector and 2% gain among energy stocks offset weakness among the rate sensitive sectors of REIT and Tech stocks.Packaging group Orora took the biggest hit on Friday with an 8% decline after the French Competition Authority announced a review into industry-wide anticompetitive practices, which includes into Saverglass, a European bottle maker that Orora acquired in 2023.Paladin Energy fell a further 4.1% on Friday after the uranium producer retracted its 2025 production guidance due to unseasonably heavy rainfall in Namibia in recent times, which is where Paladin's Langer Heinrich mine is located.What to watch today:Ahead of Monday's trading session here in Australia, the SPI futures are anticipating the ASX will open the day down 1.13%.On the commodities front this morning oil is trading 0.8% lower at US$69.36/barrel, gold is up 0.94% at US$3084.35/ounce and iron ore is up 0.07% at US$102.43/tonne.The Aussie dollar has weakened against the greenback to buy 62.80 US cents, 94.27 Japanese Yen, 49.03 British Pence, and NZ$1.11.Trading Ideas:Bell Potter has decreased the 12-month price target on Pro Medicus (ASX:PME) from $330/share to $280/share and maintain a buy rating on the leading medical imaging company after Bell Potter's analyst completed a review into the timing of new contract installations and their subsequent impacts on revenue over the coming years. The downgrade in PT is due to downgrades in FY25 and FY26 EPS expectations from the analyst following the review into the contract installations.And Trading Central has identified a bullish signal on Telstra Group (ASX:TLS) following the formation of a pattern over a period of 17-days which is roughly the same amount of time the share price may rise from the close of $4.23 to the range of $4.31 to $4.35 according to standard principles of technical analysis.

Between the Bells
Morning Bell 27 March

Between the Bells

Play Episode Listen Later Mar 26, 2025 2:49


Wall St closed lower overnight as Donald Trump announced a new 25% tariff on auto imports into the United States. The Dow Jones fell 0.31%, the S&P 500 lost 1.12% and the tech-heavy Nasdaq dropped by over 2%.In terms of US stocks, Meta Platforms and Amazon lost more than 2%, Alphabet closed more than 3% lower and Tesla closed nearly 6% in the red.Over in Europe, markets closed lower as investors react to new tariffs implemented over in the US. The STOXX600 dropped 0.7%, led by autos which fell by 2.6%. Germany's DAX lowered 1.17%, the French CAC closed nearly 1% lower, whilst over in the UK, the FTSE100 rose by 0.3%.Locally yesterday, the ASX200 rose by 0.71% with all but one major sector closing in the green. Gains were led by the consumer staples and real estate sectors which rose by 1.19% and 1.15% respectively. This was offset by the health sector which fell by over half a percent by the closing bell.Monthly inflation data was released yesterday coming in at 2.4% for February. This was lower than consensus of 2.5% and the forecast of 2.6%. The CPI falling is a good thing for the RBA's outlook for rate cuts to come as inflation drivers are all moving in the right direction – wages price inflation came down, GDP uptick, retail sales easing and the unemployment rate ticked back up to 4.1% which is favourable for the rate cut journey.What to watch today:The Australian share market is set to open lower with the SPI futures suggesting a fall of 0.46% at market open this morning.On the commodities front this morning,Oil is trading 1.36% higher at 69 US dollars and 94 cents a barrel, as investors increase concerns over tight oil supply.Gold fell by just 0.04% to 3019 US dollars an ounce and iron ore is trading 0.03% lower at 102 US dollars and 18 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on Whitehaven Coal (ASX:WHC) and has a 12-month price target of $7.70. The buy rating is maintained by Bell Potter as their balance sheet will significantly de-risk with the Blackwater selldown completion in late March 2025. As well, further productivity enhancements across WHC's Queensland portfolio should support higher production, hence the buy rating is maintained.Trading Central has identified a bullish signal on Perseus Mining (ASX:PRU), indicating that the stock price may rise from the close of $3.23 to the range of $3.53-$3.61, on a pattern formed over 8 days, according to the standard principles of technical analysis.

Between the Bells
Morning Bell 26 March

Between the Bells

Play Episode Listen Later Mar 25, 2025 2:50


Wall St closed higher overnight for its third straight session on higher hopes of softer US tariffs. The Dow Jones rose slightly by 0.01%, the S&P 500 jumped 0.16% and the tech-heavy Nasdaq gained 0.46%.Europe followed the US and closed higher with the STOXX600 rising 0.67%, with all major sectors closing in positive territory. Germany's DAX climbed 1.13%, the French CAC gained 1.08% and over in the UK, the FTSE100 ended Tuesday's session 0.3% in the green.Locally yesterday, the market has continued with the same volatility we've seen over the past few weeks with the ASX200 rising by 0.07%. Gains were led by the information technology and health sectors which rose by 1.87% and 0.98%. This was slightly offset by the consumer staples sector which fell by 0.86% by market close.Australia's Federal budget for 2025-2026 was handed down last night but should pose little impact on the market movements today as much of the government spend updates were pre-announced. However, the one key highlight was that the budget deficit is expected to widen to $42.1bn, or 1.5% of GDP in 2025-2026. The key inclusions were the $150 energy bill relief for all Australians to help with cost of living pressures, an $8.5bn boost to Medicare, $1bn in military spend which has been brought forward with the total defence spend at $10.6bn over the next 4-years, and states and territories will also be offered almost $50m in funding to grow local housing industries amid the housing crisis currently operating in Australia.What to watch locally today,The Australian share market is set to open higher with the SPI futures set to rise by 0.59% at market open this morning.On the commodities front this morning, oil is trading 0.12% higher at 69 US dollars and 19 cents a barrel, gold is trading 0.28% higher at 3018 US dollars an ounce and iron ore is trading 0.21% higher at 102 US dollars and 21 cents a tonne.Trading Ideas: Bell Potter maintains a buy rating on Gold Road Resources (ASX:GOR), with a 12-month price target of $3.20. With a current share price of $2.79, this indicates a share price growth of 14.7% over the next 12-months, hence the buy rating is maintained.And Trading Central has identified a bullish signal on Tabcorp Holdings (ASX:TAH), indicating that the share price may rise form the close of $0.62 to the range $0.73-$0.75, on a pattern formed over 18 days, according to the standard principles of technical analysis.

Between the Bells
Morning Bell 25 March

Between the Bells

Play Episode Listen Later Mar 24, 2025 4:05


Wall Street started the new trading week higher across the key indices as investors remain optimistic that President Donald Trump may hold back from implementing some of his tariff plans that could lead to an escalated trade war and economic slowdown in the US. The Dow Jones rose 1.42% on Monday, the S&P500 climbed 1.76% and the tech-heavy Nasdaq ended the day up 2.27%.Across the European markets on Monday, markets in the region closed slightly lower as investor optimism around Trump easing tariffs faded. The STOXX 600 fell 0.13%, Germany's DAX lost 0.17%, the French CAC dropped 0.26% and, in the UK, the FTSE100 ended the day down 0.1%.Asia markets closed Monday's session mixed as Trump's reciprocal tariff deadline of April 2 draws closer. South Korea's Kospi Index lost 0.42%, and Japan's Nikkei fell 0.18%, while Hong Kong's Hang Seng rose 0.91% and China's CSI index rose 0.51%.Locally to start the week, the ASX200 seesawed between positive and negative before ending the day just 0.07% higher as a banking rally offset heavy losses among staples, tech and industrials stocks.Investors took some profits from the supermarket giants yesterday following a strong rally for both Coles and Woolworths on Friday amid the lack of evidence of price gauging found by the ACCC in their investigation.Synlait Milk shares tumbled over 8% on Monday after the milk producers' latest results failed to impress investors despite the NZ-based company reporting a swing to profitability with a 105% increase in NPAT to $4.8m.And global building materials and fibre cement company James Hardie Industries weighed on the market gains yesterday following the company announcing it has entered into an agreement to acquire US-based AZEK which is a leader in providing high-performance, low-maintenance building products and solutions. Investors fled the stock upon release of the announcement as the deal is valued $14bn, which is an expensive multiple to pay, around 23 x EBITDA compared to JHX current multiple of 12x.What to watch today:Ahead of Tuesday's trading session in Australia the SPI futures are anticipating the ASX will open the day up 0.45% tracking Wall Street's gains overnight.On the commodities front this morning oil is trading 1.25% higher at US$69.13/barrel, gold is down 0.4% at US$3011.82/ounce and iron ore is down 0.15% at US$102/tonne.The Aussie dollar has further strengthened against the greenback to buy US$0.62, 94.72 Japanese Yen, 48.62 British Pence, and NZ$1.09.Trading Ideas:Bell Potter has increased the rating on Catalyst Metals (ASX:CYL) from a hold to a buy and have raised the 12-month price target on the gold production and development company from $4.45 to $5.50 following the company's announcement of the sale of its non-core Henty Gold Mine to Kaiser Reed to simplify the business, enable greater focus on the expansion and exploration of the flag ship Plutonic Gold Operation and adding a clow cost and rapid option to unlock value at the Bendigo Project.And Trading Central has identified a bearish signal on ARB Corporation (ASX:ARB) following the formation of a pattern over a period of 8-days which is roughly the same amount of time the share price may fall from the close of $34.00 to the range of $26.25 to $27.50 according to standard principles of technical analysis. 

Between the Bells
Morning Bell 24 March

Between the Bells

Play Episode Listen Later Mar 23, 2025 3:50


Wall St closed a turbulent week higher on Friday as Trump, once again, signalled there would be some ‘flexibility' with tariffs, however, he did maintain that the tariffs implemented at the April 2 deadline will be reciprocal, saying all countries that have tariffs on US goods will be taxed. The Nasdaq rose 0.2%, the Dow Jones added just 0.08%, and the S&P500 also ended the day up 0.08%. Companies are increasingly confused over the tariff implications in the US and as a result as uncertain about spend, hiring and forecasting until there is more clarity around tariff implications.In Europe on Friday, markets in the region closed lower led by travel stocks tumbling amid London's Heathrow Airport closure due to a fire on Friday. The STOXX 600, French CAC and the UK's FTSE100 ended the day down 0.6%, while Germany's DAX ended the day down 0.5%.Across Asia markets on Friday, stocks mostly fell in the region due to ongoing uncertainty around the US economy and tariff implications. Hong Kong's Hang Seng fell 2.19%, China's CSI index fell 1.52%, South Korea's Kospi index ended the day up 0.23%, and Japan's Nikkei ended the day down 0.2%.Locally on Friday, the ASX200 rose 0.17% despite Wall Street's turbulence on Thursday as market heavyweights propelled the key index to a positive finish. For the week, the ASX200 rose 1.83%Australia's supermarket giants posted strong gains on Friday after the ACCC released its 441-page findings of its ‘price gauging' investigation. Investors welcomed the findings outlining minimal evidence was found of price gauging and no disciplinary action would be taken against the two key providers in Coles and Woolworths.What to watch today:Ahead of Monday's trading session the SPI futures are anticipating the ASX will open the new trading week down 0.51%.Commodity prices took a hit late in the week last week which weighed on the local materials sector as China's property market remains depreciated, and Trump's tariffs continue hurting demand for critical metals like copper.On the commodities front this morning, oil is trading 0.31% higher at US$68.28/barrel, gold is down 0.75% at US$3023.65/ounce and iron ore is down 0.15% at US$102/tonne.The Aussie dollar has slightly weakened against the greenback to buy US$0.62 cents, 93.69 Japanese Yen, 48.55 British Pence and NZ$1.09.Trading Ideas:Bell Potter has initiated coverage of Cuscal (ASX:CCL) with a buy rating and a 12-month price target of $3.40 on the payments and regulated data service provider. Bell Potter's analyst sees compound gross revenue growth of 17.7% pa driven primarily by growth in transaction revenue across all core competencies and client wins. The company also has demonstrated a track record of innovation, investment and timing with launching milestone connectivity for all mobile payments and acquiring Basiq in 2024 to expand its market presence and offering.And Trading Central has identified a bullish signal on Regis Healthcare (ASX:REG) following the formation of a pattern over a period of 109-days which is roughly the same amount of time the share price may rise from the close of $6.72 to the range of $7.50 to $7.70 according to standard principles of technical analysis.

Between the Bells
Morning Bell 19 March

Between the Bells

Play Episode Listen Later Mar 18, 2025 3:55


Wall Street slipped into the red again on Tuesday with the S&P500 fighting to stay out of correction territory as it trades 8.6% below its recent record, as investors remain concerned over the impacts Trump's tariffs will have on the US economy. The Dow Jones lost 0.62%, the S&P500 shed 1.07% and the tech-heavy Nasdaq ended the day down 1.71%. Tesla shares have been hit hard lately and took a further 5% tumble on Tuesday after RBC Capital Markets lowered its price target on the EV company citing rising competition in the EV space.Over in Europe on Tuesday, markets in the region closed higher as investors assessed momentum in Germany's historic debt reform deal, which unlocks a major stimulus package for higher defence, infrastructure and climate fund spending. The STOXX 600 rose 0.61%, Germany's DAX added 1.03%, the French CAC gained 0.5% and, in the UK, the FTSE100 ended the day up 0.29%.Across the APAC region overnight Hong Kong's Hang Seng rallied again to a three-year high yesterday, ending the day up 2.29% as investors continue piling into tech stocks listed on the index following fresh stimulus and strong economic data out in the region. China's CSI index rose 0.27%, Japan's Nikkei gained 1.2% and South Korea's Kospi Index ended the day up 0.06%.Locally, the ASX started the week higher before pulling back yesterday as the local market is taking strong lead from Wall Street movements amid global uncertainty over Trump's tariffs and subsequent implications of taxes imposed on good being imported into the US. Rising geopolitical tensions in the form of Israel launching a wave of airstrikes across the Gaza Strip on Tuesday propelled the price of gold to another fresh record high as investors flock into the safe-haven asset in times of great uncertainty.Defensive stocks in the utilities, consumer staples and healthcare sectors all outperformed yesterday, for a similar reason to gold's rally, as investors look for investments that are mostly unaffected by a downturn in the economy.On that note, Woolworths shares jumped over 1% yesterday after Macquarie upgraded the supermarket to an outperform rating, while former Woolworths alcohol arm, Endeavour slipped 1.6% yesterday after Goldman Sachs downgraded the alcohol retailer to neutral.What to watch today:Ahead of the midweek trading session here in Australia the SPI futures are anticipating the ASX will open the day down 0.66% tracking Wall Street's turbulence overnight.On the commodities front this morning, oil is trading 0.94% lower at US$66.95/barrel, gold is up 1.10% to a fresh record US$3032.60/ounce, and iron ore is down 0.52% at US$102.32/tonne.The Aussie dollar has further strengthened against the greenback overnight to buy US$0.63, 94.99 Japanese Yen, 49.15 British Pence and 1 NZ$1.09 cents.Trading Ideas:Bell Potter has decreased the 12-month price target on REA Group (ASX:REA) from $281 to $264 and maintain a buy rating on the leading online real estate listings platform following the release of February property data including a national listings declining 8% YoY for the month. REA also guided to ‘flat-to-marginal' increase in FY25 listings amid a slow housing market in Australia at present.

Between the Bells
Morning Bell 18 March

Between the Bells

Play Episode Listen Later Mar 17, 2025 2:07


Wall St closed higher to start the trading week, posting back to back session gains following recent tariff policy news which has softened the market. The Dow Jones rose by 0.85%, the S&P500 jumped 0.65% and the tech-heavy Nasdaq rallied by 0.31%.Over in Europe, markets followed the US and closed higher to start the trading week on a positive note. The STOXX600 closed 0.79% higher with all but one major sector closing in the green. Germany's DAX jumped 0.73%, the French CAC climbed 0.56% and over in the UK, the FTSE100 ended Monday's trading session 0.73% in the green.Locally yesterday, the Australian share market rose by 0.83% with the majority of sectors closing in the green. Gains were led by the materials and energy sectors which rose by 1.97% and 1.72% respectively. This was offset by the health sector which fell by 0.27% by market close.What to watch today:The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.67% at market open this morning.On the commodities front this morning,Oil is trading 0.45% higher at 67 US dollars and 48 cents a barrel, gold is trading 0.6% higher at 3001 US dollars an ounce and iron ore is trading 0.68% higher at 102 US dollars and 85 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on Nufarm Ltd (ASX:NUF) with a 12-month price target of $4.75. With a current share price of $3.84, this indicates a share price growth of 23.7% over the next 12-months, hence the buy rating is maintained.And Trading Central has identified a bullish signal on Nick Scali (ASX:NCK), indicating that the stock price may rise from the close of $15.69 to the range of $19.20-$20, on a pattern formed over 26 days according to the standard principles of technical analysis.

Between the Bells
Morning Bell 17 March

Between the Bells

Play Episode Listen Later Mar 16, 2025 3:33


What a week it was on markets last week as Trump tariffs and global trade war concerns spread fear throughout global markets leading to a mass sell off in equities and the price of safe-haven gold topping US$3000/ounce for the first time ever.Wall Street reversed some of last week's losses to close higher across the key indices on Friday as news out of the Whitehouse around tariffs eased on Friday which prompted investors to reconsider buying into equities following days of sharp selloffs. The Dow Jones rose 1.65% on Friday, the S&P500 added 2.13% and the Nasdaq ended the day up 2.61%. The see-saw of tariffs being on, and off Trump's policy front has spooked markets over the last week as investors shift portfolios into safe-haven assets to manage the current high volatility among equities and global markets.In Europe on Friday markets closed higher after German lawmakers came closer to agreeing on reforming the country's debt-brake rule. The STOXX 600 rose 1.14%, Germany's DAX climbed 1.65%, the French CAC added 1.05%, and, in the UK, the FTSE100 ended the day up 1.13%.Across the APAC region last week, markets mostly rose on Friday despite Wall Street's tumble on Thursday. Japan's Nikkei rose 0.72%, Hong Kong's Hang Seng added 2.12%, China's CSI index gained 2.43% but South Korea's Kospi Index ended the day down 0.28%.Locally on Friday the ASX200 recovered some ground with a 0.52% rise at the closing bell, but the key index posted a 2% fall for the week last week. Rate sensitive sectors of tech and consumer discretionary took the biggest hits last week as consumers fear inflation in the U.S. and locally can rebound as a result of Trump's tariffs.What to watch locally today:Ahead of Monday's trading session on the ASX, the SPI futures are anticipating the local market will open the new trading week up 1.09% tracking Wall Street's rise on Friday.On the commodities front this morning oil is up 0.95% at US$67.18/barrel, gold is up 2.47% at US$2983/ounce and iron ore is up 0.7% at US$102.85/tonne.The Aussie dollar has slightly strengthened to buy US$0.63, 94.10 Japanese Yen, 48.64 British Pence and NZ$1.10.Trading Ideas:Bell Potter has initiated coverage of Seek (ASX:SEK) with a buy rating and a 12-month price target of $27.00 with the view that the company's market leading portfolio is centralised for scaling. Seek is the largest marketplace in Australia for job advertisements and the analyst can see potential ad volumes increasing as macro tailwinds are driven by the RBA's cutting cycle.And Trading Central has identified a bearish signal on South32 (ASX:S32) following the formation of a pattern over a period of 70-days which is roughly the same amount of time the share price may fall from the close of $3.53 to the range of $2.96 to $3.06 according to standard principles of technical analysis.

Opening The Gates To More Listings
Epsiode 171: Simon Leadbetter

Opening The Gates To More Listings

Play Episode Listen Later Mar 13, 2025 61:27


Today's returning guest for an unprecedented fifth time is the founder of We Are Unchained, a strategic marketing consultancy that helps businesses grow faster by enhancing their market insight, strategy, activity, and talent.Over his 8 years experience in the estate agency industry, he has worked with Countrywide, Fine & Country, Keller Williams, and Knight Frank.He's also a mentor at Agents Together, Propertymark Trust Ambassador and Fractional CMO for Lemon and Lime Interiors.With over 30 years of marketing experience across multiple sectors, from startups to FTSE100, he has turned failing marketing teams around, and educated hundreds of people on the science and art of marketing.His mission is to make quality strategic marketing and practical advice accessible to every business, whether they need a virtual CMO, a one-to-one mentor, or a marketing trainer.In this episode, we discuss the third and final edition of the results from part one of the Voice of The Agent 2025, covering topics such as marketing, Net Promoter Score, lead sources and the portals. If you've not already read part one of the report, please do contact me for a copy of it and I will happily share it with you.You can also message me if you are interested in completing part two of the survey and sharing your voice to help shape the industry.Any insights shared will help define the future of the UK property market.

Between the Bells
Morning Bell 13 March

Between the Bells

Play Episode Listen Later Mar 12, 2025 2:15


Wall St closed mixed overnight following the release of a softer than expected inflation report. The Dow Jones fell by 0.2%, the S&P 500 rose by nearly half a percent and the tech-heavy Nasdaq jumped 1.22%.Core inflation data month was released overnight coming in at 0.2%, lower than the consensus and forecast of 0.3% and its previous result of 0.4%.Over in Europe, markets closed higher despite the announcement by the European Union of an introduction of tariffs on a variety of US imports. The STOXX600 rose by 0.81%, Germany's DAX climbed 1.56%, the French CAC rallied 0.59% and over in the UK, the FTSE100 ended Wednesday's trading session higher by 0.53%.Locally yesterday, the ASX200 fell by 1.32% with all but one major sector closing in the red. Losses were led by the consumer discretionary and industrial sectors which lost 2.02% and 1.88% respectively. This was slightly offset by the utilities sector which rose by just 0.02%.What to watch today:The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.23% at market open this morning.On the commodities front this morning,Oil is trading 2.17% higher at 67 US dollars and 69 cents a barrel as easing inflation boosted market sentiment.Gold is trading 0.62% higher at 2933 US dollars an ounce and iron ore is trading 0.06% higher at 101 US dollars and 5 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on Alkane Resources (ASX:ALK) with a 12-month price target of $1.20. With a current share price of $0.59, this indicates a share price growth greater than 100%, hence the buy rating is maintained.And Bell Potter also maintains a buy rating on Elders (ASX:ELD) with a 12-month price target of $9.40. At a current share price of $6.91, this indicates a share price growth of 36% over the next 12-months, hence the buy rating is maintained.

Between the Bells
Morning Bell 12 March

Between the Bells

Play Episode Listen Later Mar 11, 2025 2:14


Wall St closed lower overnight as the Dow Jones loses more than 450 points. The S&P 500 dropped 0.75%, the tech-heavy Nasdaq lost 0.18% and the Dow Jones fell by over 1%.The S&P 500 was in the green at one point of the trading session until Donald Trump declared that Canadian steel and aluminum duties would double from 25% to 50%.Over in Europe, markets followed the US and closed lower as trade tensions between the US and Canada escalate. The STOXX600 fell by 1.7%, led by autos which fell by 2.13%.  Germany's DAX closed 1.29% lower, the French CAC lost 1.31% down and over in the UK, the FTSE100 ended Tuesday's trading session 1.21% in the red.Locally yesterday, the ASX200 fell by 0.91% with the majority of sectors closing in the red. Losses were led by the information technology and industrial sectors which fell by 3.95% and 1.98% respectively. This was offset by the utilities sector which gained 1.37% by the closing bell.What to watch today:The Australian share market is set to open lower with the SPI futures predicting a fall of 0.95% at market open this morning.On the commodities front this morning,Oil is trading 0.89% higher at 66 US dollars and 62 cents, gold is trading 1.09% higher at 2915 US dollars an ounce and iron ore is trading 0.3% lower at 100 US dollars and 99 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on Regal Partners (ASX:RPL) and has a 12-month price target of $5. With a current share price of $2.83, this indicates a share price growth of 76.7%, hence the buy rating is maintained.And Trading Central has identified a bullish signal on AGL Energy (ASX:AGL), indicating that the stock price may rise from the close of $10.13 to the range of $12.20-$12.60, on a pattern formed over 19 days, according to the standard principles of technical analysis.

Between the Bells
Morning Bell 10 March

Between the Bells

Play Episode Listen Later Mar 9, 2025 2:21


On Wall Street on Friday markets ended the week higher in what was the worst week the S&P 500 has had since September. The Dow Jones rose over half a percent, the tech-heavy Nasdaq gained 0.71% and the S&P500 jumped 0.56%.A US jobs data report was released on Friday, falling below expectations to 151,000 jobs in February, well below the consensus of 170,000 jobs predicted by economists.Over in Europe, markets closed lower on Friday following investor reactions to tariff implementation over in the US. The STOXX600 fell 0.46%, it's first losing session of the year. Germany's DAX dropped 1.75%, the French CAC lost 0.94% and over in the UK, the FTSE100 closed 0.03% lower.Locally on Friday, the ASX200 closed 1.81% lower with all but one major sector closing in the red. Losses were led by the information technology and real estate sectors which fell by 3.04% and 3% respectively. This was offset by the consumer staples sector which gained 0.35% by the closing bell.What to watch today:The Australian share market is set to open higher, with the SPI futures predicting a rise of 0.87% at market open this morning.On the commodities front this morning,Oil is trading over 1% higher at 67 US dollars and 4 cents a barrel as Donald Trump threatened Russia with sanctions if they fail to reach a ceasefire with Ukraine.Gold is trading slightly higher by 0.04% at 2911 US dollars an ounce and iron ore is trading 0.05% higher at 101 US dollars and 29 cents a tonne.Trading Ideas:Bell Potter maintains a speculative buy rating on Southern Cross Gold Consolidated Ltd (ASX:SX2) with a current share price of $3.60. Bell Potter has set a 12-month price target of $4.80, indicating a share price growth of 33.3%, hence the speculative buy rating is maintained.And Trading Central has identified a bearish signal on Westpac Banking (ASX:WBC), indicating that the stock price may fall from a close of $30.57 to the range of $26-$26.90 on a pattern formed over 109 days, according to the standard principles of technical analysis.

Between the Bells
Morning Bell 6 March

Between the Bells

Play Episode Listen Later Mar 5, 2025 2:44


Wall St closed higher overnight following back-to-back losses after an exemption was given to automakers from Donald Trump's tariffs, giving investors hope that more concessions will be made. The Dow Jones rose 1,14%, the S&P500 jumped 1.12% and the tech-heavy Nasdaq closed Wednesday's trading session 1.46% higher.A one-month delay on tariffs were given to automakers whose cars comply with the Unites States-Mexico-Canada agreement. Stellantis rose by 10%, whilst Ford and General Motors both gained 5% and 8% respectively.Over in Europe, markets closed higher as investors have increased optimism that Donald Trump's tariffs could be relaxed. The STOXX600 rose by 0.91% with autos rising by 2.4%. This was offset by the utilities and food and beverage stocks which ended the day in negative territory. Germany's DAX soared 3.38%, the French CAC rallied 1.56% and over in the UK, the FTSE100 fell slightly by 0.04%.Locally yesterday, the ASX200 fell by 0.69% with the vast majority of major sectors closing in the red. Losses were led by the consumer staples and energy sectors which fell 3.56% and 1.68% respectively. This was offset by the utilities sector which rose by 0.11% by market close.GDP growth rate data quarter on quarter was released yesterday coming in at a rise of 0.6%, higher than the consensus of 0.5% and the previous result of 0.3%.What to watch today:The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.21% at market open this morning.On the commodities front this morning,Oil is trading 2.72% lower at 66 US dollars 40 cents a barrel as OPEC+ supply increases and continued geopolitical tensions weigh on sentiment.Gold is trading 0.17% higher at 2919 US dollars an ounce and iron ore is trading 0.79% higher at 101 US dollars and 61 cents a tonne.Trading Ideas:Bell Potter maintains a speculative buy rating on Alpha HPA Ltd (ASX:A4N) and has a 12-month share price of $2. With a current share price of $0.87, this indicates a share price growth of 129% over the next 12-months, hence the buy rating is maintained.And Trading Central has identified a bearish signal on Auckland International Airport Ltd (ASX:AIA), indicating that the share price may fall from the close of $7.30 to the range of $6.60-$6.70, on a pattern formed over 7 days, according to the standard principles of technical analysis.

Between the Bells
Morning Bell 5 March

Between the Bells

Play Episode Listen Later Mar 4, 2025 2:28


In the US overnight, Wall Street extended its losing run as fresh tariffs came into effect on Tuesday, US time. The Dow Jones fell by 1.55%, the tech-heavy Nasdaq lost 0.35% and the S&P500 ended the day 1.22% lower. Investors fear the global trade will impact the health of the US economy with retaliatory tariffs from China, Canada and Mexico in motion already.Over in Europe, markets closed lower as global investors brace for impact on the ongoing tariff war. The STOXX600 closed over 2.14% in the red, it's biggest daily drop since August last year. Germany's DAX fell 3.54%, the French CAC lost 1.85% and over in the UK, the FTSE100 closed Tuesday's trading session down 3.54%.The local market was sold off broadly yesterday as investor fears of Trump tariff implications spread through the ASX. The key index fell 0.58% as every sector aside from healthcare stocks ended the day in the red, with energy stocks taking the biggest hit with a more than 3% loss.What to watch today:The Australian share market is set to open lower, with the SPI futures suggesting a fall of 0.97% at market open this morning.In terms of economic news, GDP growth rate data will be released for Quarter 4 with a consensus and forecast of a 0.5% increase, 0.2% more than its previous result.On the commodities front this morning, Oil is trading 0.85% lower at 67 US dollars and 75 cents a barrel, gold is trading up 0.82% at 2914 US dollars an ounce and iron ore is trading 5.7% lower at 100 US dollars and 81 cents a tonne following the announcement of new US tariffs on Canada, Mexico and China now taking effect.Trading Ideas:Bell Potter maintains a buy rating on Develop Global (ASX:DVP) and has a 12-month price target of $4. With a current share price of $2.93, this indicates a share price growth of 36.5% over the next 12 months, hence the buy rating is maintained.Trading Central has identified a bearish signal on NAB (ASX:NAB), indicating that the stock price may fall from the close of $35.05 to the range of $28.50-$29.75 on a pattern formed over 8 days, according to the standard principles of technical analysis.

Opening The Gates To More Listings
Episode 166: Simon Leadbetter

Opening The Gates To More Listings

Play Episode Listen Later Feb 26, 2025 53:50


Today's returning guest for an unprecedented fourth time is the founder of We Are Unchained, a strategic marketing consultancy that helps businesses grow faster by enhancing their market insight, strategy, activity, and talent.Over his 8 years experience in the estate agency industry, he has worked with Countrywide, Fine & Country, Keller Williams, and Knight Frank.He's also a mentor at Agents Together, Propertymark Trust Ambassador and Fractional CMO for Lemon and Lime Interiors.With over 30 years of marketing experience across multiple sectors, from startups to FTSE100, he has turned failing marketing teams around, and educated hundreds of people on the science and art of marketing.His mission is to make quality strategic marketing and practical advice accessible to every business, whether they need a virtual CMO, a one-to-one mentor, or a marketing trainer.In this conversation, we discuss more of the results from part one of the Voice of The Agent 2025, covering topics such as the rental market, opportunities for letting agents, agent concerns, competitors, company resources, marketing, and portals. If you've not already read part one of the report, please do contact me for a copy of it and I will happily share it with you.You can also message me if you are interested in completing part two of the survey and sharing your voice to help shape the industry.Any insights shared will help define the future of the UK property market.

Between the Bells
Morning Bell 27 February

Between the Bells

Play Episode Listen Later Feb 26, 2025 4:16


Wall St overturned its recent red run to close higher on Wednesday as investors overlooked concerns around Trump's tariffs and into areas of opportunity in the market. The S&P500 rose 0.01%, only just snapping a 4-day losing streak, while the Nasdaq gained 0.26% and the Dow Jones ended the day up 0.43%. Nvidia's results out overnight boosted the AI-market darling up 3% ahead of the results release after the closing bell. Nvidia's results once again beat expectations with sales growing 78%, revenue coming in at US$39.33bn and EPS rose to US$0.89/share. The outlook is also very strong for revenue of US$43bn in Q1 as global demand for AI drives tailwinds for the company.European markets ended the midweek session higher amid strong corporate earnings beats across the region. The STOXX 600 rose 0.99%, Germany's DAX rose 1.73%, the French CAC added 1.15%, and, in the UK, the FTSE100 ended the day up 0.72%. Earnings from Budweiser maker AB Inbev, Adecco, and Munich Re each rallied yesterday after reporting earnings beats.Across the APAC region on Wednesday, markets closed mixed taking lead from Wall St on Tuesday and amid key pledges out of governments in the region. Hong Kong's Hang Seng rose 3.63% led by tech stocks after the city pledged in its budget to develop itself into an AI hub. Japan's Nikkei fell 0.25%, and South Korea's Kospi index rose 0.41%.Locally on Wednesday the ASX200 fell 0.14%, weighed down by the materials sector falling 1.61%, while Real Estate stocks fell 1.3%. Energy and Financials stocks offset some of the market losses with gains of 1.3% and 0.71% respectively.Bapcor rallied over 13% yesterday after the leading provider of aftermarket parts, accessories and services released strong first half results including strong cost reduction plans to increase cash conversion which has enabled the company to bay down debt and reinvest in growth plans this financial year to date. Light & Wonder also rose over 7% after the gaming company reported FY24 results including a 10% rise in revenue to a record $3.2bn, a 110% jump in net income to $336m and guided to low double-digit income growth for Q1FY25.What to watch today:Ahead of Thursday's trading session here in Australia the SPI futures are anticipating the ASX will open the day down 0.12%. On the commodities front this morning oil is trading 0.16% lower at US$68.82/barrel, gold is down 0.07% at US$2916/ounce and iron ore is down 0.02% at US$107.17/tonne.The Aussie dollar has slightly weakened against the greenback overnight to buy 63.03 US cents, 93.98 Japanese Yen, 49.89 British Pence and 1 New Zealand dollar and 11 cents.Trading Ideas:Bell Potter has slightly decreased the 12-month price target on Kogan.com (ASX:KGN) from $5.10 to $5.00 and maintain a hold rating on the online retailer following a 1H result that came in line with expectations. The slight decrease in 12-month price target is due to earnings downgrades by the analyst as Kogan's Mighty Ape business had some transition issues post a website upgrade last year.Bell Potter has downgraded the price target on Woolworths (ASX:WOW) from $31.75 to $30.75 and maintain a hold rating on the leading supermarket giant after the company reported first half results below BPe on an NPAT front and provided softer near-term guidance.

Between the Bells
Morning Bell 25 February

Between the Bells

Play Episode Listen Later Feb 24, 2025 4:01


Wall Street started the new trading week lower, extending on Friday's sharp inflation-data driven sell-off as many of the major tech companies come under pressure amid concerns over weakness in data centre spend and overvaluation in the space. The S&P500 lost 0.5% on Monday, the Nasdaq fell 1.21% and the Dow Jones ended the day down 0.08%. Trump tariffs are also weighing on investor sentiment at present after Trump said tariffs on Canada and Mexico will ‘go forward' after the monthlong postponement ends next week.In Europe overnight, markets mostly fell as investors reacted to the results of the German federal election. The STOXX 600 fell 0.08%, Germany's DAX rose 0.62%, the French CAC lost 0.78% and, in the UK, the FTSE100 ended the day flat.Shares in leading global on-demand food delivery company Just Eat Takeaway soared 54% after tech investor Prosus announced its plans to acquire the company in a deal worth $4.3bn.Across the APAC region on Monday markets mostly fell taking lead from Wall Street's worst session of the year last Friday after fresh inflation data in the US pointed to a slowing economy and sticky inflation. China's CSI index fell 0.22%, Hong Kong's Hang Seng fell 0.58%, South Korea's Kospi index lost 0.35% and Japan's Nikkei was closed for a holiday.Locally to start the week, the ASX200 posted a 0.14% rise at the closing bell as strong gains for utilities and financial stocks more than offset the 6.84% tumble in tech stocks.Logistics software solutions provider WiseTech Global was the driver of the tech plummet yesterday as shares in the company dived 20.09% following news that four directors on the company's board quit over founder Richard White's ongoing role with the company.NIB Holdings on the other hand rose 12.5% after the company reaffirmed guidance for FY25 profits between the range of $235 - $250m as it focuses on a return to profitability for its New Zealand business.And EVT shares posted the greatest gain on the market yesterday with a rise of 12.88% after the property developer and operator posted a strong first half result including profits up 8.3% YoY which beat estimates by 83% driven by the company's hotel division achieving record earnings during the period.What to watch today:Ahead of Tuesday's trading session here in Australia the SPI futures are anticipating the ASX will open the day down a sharp 0.76% tracking Wall Street's sell-off overnight.On the commodities front this morning, oil is trading 0.68% higher at US$70.88/barrel, gold is up 0.61% at US$2952/ounce and iron ore is up 0.12% at US$107.13/tonne.The Aussie dollar has strengthened against the greenback to buy US$0.63, 95.04 Japanese Yen, 50.03 British Pence and NZ$1.11.Trading Ideas:Bell Potter has downgraded the rating on Domain (ASX:DHG) following the announcement of US property giant CoStar making a $2.7bn takeover bid for the real estate platform. Nine Entertainment Co has a 60% controlling stake in Domain which remains a block for the acquisition, but Bell Potter's analyst sees the takeover bid as attractive.And Trading Central has identified a bullish signal on Rural Funds Group (ASX:RFF) following the formation of a pattern over a period of 33-days which is roughly the same amount of time the share price may rise from the close of $1.79 to the range of $1.88 to $1.90 according to standard principles of technical analysis.

Between the Bells
Morning Bell 20 February

Between the Bells

Play Episode Listen Later Feb 19, 2025 2:13


Wall St closed higher overnight as the S&P closed at a record for the second day in a row. The Dow Jones gained 0.16%, the tech-heavy Nasdaq rose 0.07% and the S&P500 jumped 0.24%.Over in Europe, markets plummeted on Wednesday as earnings season results disappoint investors. The STOXX600 fell 0.9%, pulling from the all time high set in Tuesday's trading session. Germany's DAX dropped 1.8%, the French CAC lost 0.62% and over in the UK, the FTSE100 closed Wednesday's trading session 1.8% in the red.Locally yesterday, the ASX200 closed 0.73% lower with the majority of sectors closing down. Losses were led by the energy and financial sectors which dropped by 2.35% and 2.01% respectively. This was offset by the utilities sector which gained 0.84% by market close.What to watch today:The Australian share market is set to open lower, with the SPI futures suggesting a fall of 0.45% at market open this morning.In terms of economic news today, Australian unemployment data for January will be released with a forecast of 4%, the same as its previous result.On the commodities front this morning,Oil is trading 0.63% higher at 72 US dollars and 25 cents a barrel, gold is trading flat at 2934 US dollars an ounce and iron ore is trading 0.08% lower at 106 US dollars and 74 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on Ceder Woods Properties (ASX:CWP) with a 12-month price target of $7.20. With a current share price of $5.53, this indicates a share price growth of 25.2% over the next 12-months, hence the buy rating is maintained.And Trading Central has identified a bullish signal on Perseus Mining (ASX:PRU), indicating that the stock price may rise from the close of $2.86 to the range of $3.30-$3.40 on a pattern formed over 105 days, according to the standard principles of technical analysis.

Between the Bells
Morning Bell 19 February

Between the Bells

Play Episode Listen Later Feb 18, 2025 2:24


Wall St closed higher overnight as the S&P 500 sets a new record high, climbing 0.24%. The Dow Jones rose just 0.02% and the tech-heavy Nasdaq had a slight rise of 0.07%. The energy sector was the best performing, gaining 1.9% with Halliburton and Valero Energy leading gains.Over in Europe, markets closed higher as the STOXX600 jumped 0.32% by market close on Tuesday. Germany's DAX had a gain of 0.2%, the French CAC rallied 0.21% and over in the UK the FTSE100 had a slight fall of 0.01% by the closing bell.Locally yesterday the ASX had a pullback to start the week, closing Tuesday's session down 0.66% despite the RBA announcing the nation's first cash rate cut since November 2020 after 13-hikes to 4.35%. The nations cash rate now drops 25-basis points to 4.1% as the RBA's journey to tame inflation is working at the same time the elevated rate environment to date has caused a cost-of-living crisis in Australia.What to watch today:The Australian share market is set to open slightly lower, with the SPI futures suggesting a fall of 0.02% at market open this morning.On the commodities front this morning,Oil is trading 0.55% higher at 71 US dollars and 77 cents a barrel after crude exports from Kazakhstan were disrupted after a drone strike hit a Russian pumping station, potentially cutting pipeline flows by 30%.Gold is trading 1.2% higher at 2934 US dollars an ounce and iron ore is trading 0.06% higher at 106 US dollars and 83 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on HUB24 (ASX:HUB) and has increased its 12-month price target to $93. With a current share price of $84.39, this indicates a share price growth of 10.2% over the next 12-months, hence the buy rating is maintained.Trading Central has identified a bearish signal on Appen Ltd (ASX:APX), indicating that the stock price may fall from the close of $2.90 to the range of $1.90-$2.10, on a pattern formed over 30 days, according to the standard principles of technical analysis.

Between the Bells
Morning Bell 17 February

Between the Bells

Play Episode Listen Later Feb 16, 2025 4:15


The local market closed 0.2% higher on Friday, buoyed by a strong rally for the consumer staples sector amid strong results out of TWE and investors buying up the supermarket giants on Friday. For the week, the ASX posted a gain of 0.52% as industrials and the consumers stocks rallied, while healthcare stocks took a 3.75% hit over the 5-trading days.Reporting season ramped up on Friday with Avita Medical soaring 11% after the company announced a guidance range of $158m to $167m for commercial revenues in 2025, while GQG rose 5.9% after doubling net inflows to the half year to December.Hearing device specialist Cochlear on the other hand fell 13% on Friday after downgrading profit guidance for FY25 due to weaker services contribution and increased cloud-related investment, despite the company posting a 5% rise in sales in H1 to $1.17bn.In the US on Friday, markets closed mixed on Friday despite investors gaining certainty around Trump's tariff plans and fresh economic data signalling the US inflation story is not running hot as was previously feared. The Dow Jones fell 0.4%, the S&P500 fell just 0.01% and the Nasdaq ended the day up 0.41%. For the week, each of the major averages posted a gain. The latest US inflation reading out last week showed core inflation rose more than expected in January by 0.4% MoM, and 3.3% YoY, while the overall inflation rate rose to 3% YoY, while retail sales in the US fell 0.9% in January MoM, which was more of a decline than the markets were expecting.Across the European region on Friday, markets pulled back from record highs earlier in the week. The STOXX fell 0.24%, Germany's DAX lost 0.44%, the French CAC rose 0.18%, and, in the UK, the FTSE100 ended the day down 0.37%.Asia markets closed mixed on Friday as investors assessed President Trump's reciprocal tariff plans but did not enact levies immediately. China's CSI index rose 0.87%, Hong Kong's Hang Seng rose 3.48%, South Korea's Kospi Index gained 0.31%, and Japan's Nikkei fell 0.79%.What to watch today:Ahead of Monday's session on the ASX, the SPI futures are anticipating the local market will open the day down 0.61%.On the commodities front this morning, oil is trading 0.77% lower at US$70.74/barrel, gold is down 1.73% at US$2880.76/ounce and iron ore is up 0.06% at US$106.83/tonne.The Aussie dollar has strengthened against the greenback to buy US$0.63, 96.63 Japanese Yen, 50.47 British Pence and NZ$1.11.On the reporting season calendar today, Aurizon, Bendigo and Adelaide Bank, BlueScope Steel, Lendlease Group and A2 Milk will release results.Trading Ideas:Bell Potter has upgraded Pro Medicus (ASX:PME) from a hold to a buy rating and have increased the 12-month price target on the leading diagnostic imaging healthcare provider following the release of the company's first half results. Despite PME reporting a small miss on earnings, the outlook remains strong and with 10 contract announcements and strong growth in the cardiology space expected, the analyst sees strong upside potential for the company in H2.And Trading Central has identified a bullish signal on Endeavour Group (ASX:EDV) following the formation of a pattern over a period of 52-days which is roughly the same amount of time the share price may rise from the close of $4.42 to the range of $4.68 and $4.74 according to standard principles of technical analysis.

Opening The Gates To More Listings
Episode 162: Simon Leadbetter

Opening The Gates To More Listings

Play Episode Listen Later Feb 14, 2025 66:53


Today's returning guest for an unprecedented third time is the founder of We Are Unchained, a strategic marketing consultancy that helps businesses grow faster by enhancing their market insight, strategy, activity, and talent.Over his 8 years experience in the estate agency industry, he has worked with Countrywide, Fine & Country, Keller Williams, and Knight Frank.He's also a mentor at Agents Together, Propertymark Trust Ambassador and Fractional CMO for Lemon and Lime Interiors.With over 30 years of marketing experience across multiple sectors, from startups to FTSE100, he has turned failing marketing teams around, and educated hundreds of people on the science and art of marketing.His mission is to make quality strategic marketing and practical advice accessible to every business, whether they need a virtual CMO, a one-to-one mentor, or a marketing trainer.In this conversation, we discuss some of the results from part one of the Voice of The Agent 2025, covering topics such as house prices, transactions, marketing budgets, fees, and the prime market. If you've not already read part one of the report, please do contact me for a copy of it and I will happily share it with you.You can also message me if you are interested in completing part two of the survey and sharing your voice to help shape the industry.Any insights shared will help define the future of the UK property market.

Between the Bells
Morning Bell 13 February

Between the Bells

Play Episode Listen Later Feb 12, 2025 2:07


Wall St closed lower overnight following a hotter-than-expected CPI report. The Dow Jones lost half a percent, the S&P 500 dropped 0.27% and the tech heavy Nasdaq had a slight rise of 0.03%. January's consumer price index jumped 0.5% for the month, putting the annual inflation rate at 3%, more than the 0.3% rise expected by economists in January.Over in Europe, markets closed higher as earnings season continues. The STOXX600 ended Wednesday's trading session 0.11% higher, Germany's DAX rose half a percent, the French CAC jumped 0.17% and over in the UK the FTSE100 closed 0.34% in the green.Locally yesterday, the ASX200 gained 0.6% with the majority of sectors closing in the green. Gains were led by the industrial and financial sectors which gained 1.93% and 1.41% respectively. This was offset by the information technology sector which fell 1.05% by the closing bell.What to watch today:The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.04% at market open this morning.On the commodities front this morning, Oil is trading 2.79% lower at 71 US dollars and 27 cents a barrel, gold is trading 0.13% higher at 2902 US dollars an ounce, and iron ore is trading 0.61% lower at 106 US dollars and 32 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on Perpetual Limited (ASX:PPT) with a 12-month price target of $25.40. With a current share price of $22.50, this indicates a share price growth of 12.9%, hence the buy rating is maintained.Trading Central has identified a bearish signal on Kelsian Group (ASX:KLS), indicating that the stock price may fall from the close of $3.53 to the range of $3.23-$3.29, on a pattern formed over 20 days according to the standard principles of technical analysis.

Between the Bells
Morning Bell 12 February

Between the Bells

Play Episode Listen Later Feb 11, 2025 4:16


Over in the US so far on Tuesday, Wall Street closed mixed as Fed Chair Jerome Powell signalled concerns over the direction of the US economy amid US tariffs and the possibility of a global trade war. The Dow Jones climbed 0.1% while the S&P500 and Nasdaq dropped 0.2% and 0.6% respectively.In Europe overnight, markets closed higher as investors digested the latest Trump tariff announcements and The European Union plans to retaliate against the US for new steel and aluminium tariffs. The STOXX 600 rose 0.23%, Germany's DAX added 0.56%, the French CAC gained 0.28% and, in the UK, the FTSE100 ended the day up 0.11%.Across the APAC region on Tuesday, markets closed mixed as investors continued digesting the impacts and flow on effects of Trump's latest tariffs. Hong Kong's Hang Seng fell 1.06%, and China's CSI index fell 0.46%, while South Korea's Kospi Index rose 0.71% and Japan's markets were closed for a holiday.The local market started the new trading week lower on Monday before a choppy session that led to a flat close on Tuesday as a sharp sell-off in healthcare stocks weighed on the local index.Trump tariffs continue to dampen investor sentiment and fuel investor and central bank demand for gold stocks, bullion and exposure in portfolios given the safe-haven nature of the precious commodity at a time where economic and market certainty is unclear.CSL's results for the first half out yesterday weighed on the local market and healthcare sector as the healthcare giant fell nearly 5% yesterday despite beating expectations for 2 of the company's 3 divisions. The company's Behring business, which manufactures plasma products and provides collection services in the US, Australia, Europe and more, reported a strong first half with revenue up 10% and gross margin of 51.1% which beat expectations by 20bps. Investors likely sold out of the company amid warnings of FX headwinds to come in H2 and after the Seqirus division posted a 9% decline in revenue on the PCP.Gold miners rocketed again yesterday as the price of the precious commodity jumped over US$2900/ounce for the first time amid increased demand out of central banks and from investors due to the haven nature of the commodity in a time of great uncertainty.What to watch today:Ahead of the midweek trading session here in Australia the SPI futures are anticipating the ASX will open the day up 0.02%.The Aussie dollar has further strengthened against the greenback to buy US$0.62, 95.87 Japanese Yen, 50.70 British Pence and 1 NZ$1.11 cents.On the commodities front this morning, oil is trading 1.21% higher at US$73.19/barrel, gold is down 0.38% at US$2906/ounce and iron ore is up 0.56% at US$106.97/tonne.Trading Ideas:Bell Potter has maintained a buy rating on CSL (ASX:CSL) but have lowered the 12-month price target from $345 to $335 following the release of the company's first half results showing revenue rose 5% but fell 1% short of BPe and NPATA rose 3% but was 4% below BPe. The analyst maintains a buy rating as the Behring division continues its strong growth outlook and positive margin recovery despite the Seqirus division facing headwinds of declining vaccine demand in the US.And Trading Central has identified a bullish signal on QBE Insurance Group (ASX:QBE) following the formation of a pattern over a period of 7-days which is roughly the same amount of time the share price may rise from the close of $20.43 to the range of $21.90 to $22.20 according to standard principles of technical analysis.

Between the Bells
Morning Bell 11 February

Between the Bells

Play Episode Listen Later Feb 10, 2025 5:05


Wall St started the week in positive territory as investors looked past Trump's latest tariff talks about a blanket tariff on steel and aluminium imports, and bought into growth areas of the market. The Dow Jones rose 0.38%, the S&P500 added 0.67% and the tech-heavy Nasdaq led the gains with a near 1% rise.Strength in the US jobs market dampened investor hopes of a near-term rate cut as the latest unemployment data showed the jobless rate in the world's largest economy fell from 4.1% to 4% in January at the same time 143,000 jobs were added. The Fed has already cut the US cash rate once last year to 4.25% - 4.5%, however, with signals of a stronger labour market, a rise in the inflation rate for the last 3-months and strong retail sales growth, the US central bank is unlikely to cut rates again until these inflationary driver's ease.In Europe overnight markets in the region started the new trading week higher with the STOXX 600 gaining 0.58%, while Germany's DAX added 0.57%, the French CAC rose 0.42% and, in the UK, the FTSE100 ended the day up 0.77%.Across the APAC region on Monday, markets closed mixed as escalating tensions around Trump's tariff implications weighed on investor sentiment. Japan's Nikkei closed flat, South Korea's Kospi index also ended the day little unchanged, Hong Kong's Hang Seng rose 1.76% and China's CSI index rose 0.21% after China's consumer inflation rose to a 5-month high in January amid higher consumer spend in the lead up to the Lunar New Year.Locally on Monday, the ASX200 started the new trading week in the red with a 0.34% loss at the closing bell as a sharp sell-off in tech stocks weighed on the local key index. Reporting season continued on Monday with key names releasing first half results that surprised investors. Trump's new tariffs on aluminium and steel weighed on the local index early in the session before realising that less than 1% of China's steel exports went to the US in 2024, and China is Australia's largest buyer of iron ore which is a key ingredient used to make steel.JB Hi-Fi faced inflationary pressures and subdued demand in the first half but still posted strong results, with total sales rising 9.8% to $5.67bn, NPAT up 8% to $285.4m, and an interim dividend increase of 7.6% to 170cps. However, investors sold off shares, likely due to a 13.5% rise in inventory and a 9bps drop in inventory turnover. Payables also increased by 16% YoY in H1. CEO Terry Smart's cautious remarks about retail market uncertainty and heightened competition likely spooked investors yesterday.Ansell on the other hand had investors buying in on Monday after the global leading protective equipment producer released strong first half results including sales growth of 12.5%, EBIT up 20.9% and a dividend of 22 US cps.What to watch locally today:Ahead of Tuesday's trading session on the ASX the SPI futures are anticipating the ASX to open the day up 0.37% tracking Wall Street's positive start overnight.On the local reporting season calendar today, we will likely see investors react to results out of global healthcare giant, CSL.On the commodities front this morning, oil is trading 2.02% higher at US$72.44/barrel, gold is up 1.68% at US$2907.41/ounce and iron ore is up 0.13% at US$106.37/tonne.The AUD has strengthened against the greenback to buy US$0.62, 95.29 Japanese Yen, 50.73 British Pence and NZ$1.11.Trading Ideas:Bell Potter has downgraded the rating on JB Hi-Fi (ASX:JBH) from a buy to a hold and have increased the 12-month price target on the leading tech retail company from $98 to $99/share following the release of the company's results yesterday. The downgrade to a hold follows the analyst believing JB is currently well valued and limited earnings upgrades in the near-term are priced in at a current PE multiple of around 23x.And Trading Central has id

Between the Bells
Morning Bell 10 February

Between the Bells

Play Episode Listen Later Feb 9, 2025 2:03


Wall St closed 400 points lower on Friday as inflation and tariff concerns worried investors towards the back end of the week. The Dow Jones fell 1, the S&P500 dropped 0.95% and the tech heavy Nasdaq lost 1.36%.Over in Europe, markets followed the US and closed lower as corporate earnings continue to roll out. The STOXX600 fell 0.38% after a key US jobs report disappointed investors. Germany's DAX lost over half a percent, the French CAC dropped 0.43% and over in the UK, the FTSE100 ended Friday's trading session 0.31% in the red.Locally on Friday, the ASX200 closed 0.11% lower with half of the sectors closing in negative territory. Losses were led by the energy and health sectors which lost 1.45% and 1.03% respectively. This was offset by the information technology sector which gained over half a percent.What to watch today:The Australian share market is set to open lower, with the SPI futures suggesting a fall of 0.76% at market open this morning.On the commodities front this morning, Oil is trading 0.55% higher at 71 US dollars a barrel, gold is trading 0.05% higher at 2859 US dollars an ounce and iron ore is trading 0.13% higher at 106 US dollars and 37 cents a tonne.Trading Ideas:Bell Potter initiates coverage on Aristocrat Leisure (ASX:NGI) with a buy rating and has a 12-month share price target of $83. With a current share price of $73.72, this indicates a share price growth of 12.6% over the next 12-months, hence the buy rating is recommended. And Trading Central has identified a bullish signal on Navigator Global  Investments (ASX:ALL), indicating that the stock price may rise from the close of $1.60 to the range of $1.83-$1.89 on a pattern formed over 74 days according to the standard principles of technical analysis.

Between the Bells
Morning Bell 6 February

Between the Bells

Play Episode Listen Later Feb 5, 2025 2:09


Wall St closed higher overnight as investors pushed past the trade turmoil earlier on in the week. The Dow Jones gained 0.71%, the S&P 500 rose by 0.39% and the tech-heavy Nasdaq jumped by 0.19%.Over in Europe, markets closed higher on Wednesday as earnings beats rose stock gains across the major sectors. The STOXX600 rose by 0.47%, with the majority of major sectors closing in the green. Germany's DAX rallied 0.37%, the French CAC dropped 0.19% and over in the UK the FTSE100 ended the trading day 0.61% higher.Locally yesterday, the ASX200 rose by 0.51% with most major sectors closing higher. Gains were led by the materials and information technology sectors which closed 1.61% and 1.56% higher. This was offset by the health sector which fell by 0.55%.What to watch today:The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.7% at market open this morning.On the commodities front this morning,Oil is trading 2.03% lower at 71 US dollars and 22 cents a barrel as oil inventories increased by 8.664 million barrels last week, the largest build in nearly a year. Gold is trading 0.83% higher at 2864 US dollars an ounce and iron ore is trading 0.36% higher at 105 US dollars and 40 cents a tonne.Trading Ideas:Bell Potter maintains a speculative buy rating on Comet Ridge Ltd (ASX:COI) and has a current share price of 13 and a half cents. With a 12-month price target of 21 cents, this indicates a share price growth of 56%, hence the buy rating is maintained.Trading Central has identified a bullish signal on Jumbo Interactive (ASX:JIN), indicating that the stock price may rise from the close of $13.23 to the range of $15.20-$15.70, on a pattern formed over 114 days, according to the standard principles of technical analysis.

Between the Bells
Morning Bell 5 February

Between the Bells

Play Episode Listen Later Feb 4, 2025 4:29


Over in the US on Tuesday, stocks closed higher as investors shift focus from Trump's trade wars to fourth quarter earnings results. The Nasdaq rose 1.35%, the S&P500 gained 0.72% and the Dow Jones ended the day up 0.3%. Palantir, the big data analytics software provider, soared 24% on Tuesday to become a $200bn company after posting Q4 results that topped expectations.In Europe overnight, markets closed mostly higher amid Trump's tariffs pauses with Mexico and Canada and on the back of strong key corporate results out in the region. The STOXX 600 rose 0.3%, Germany's DAX added 0.4%, the French CAC climbed 0.7%, and, in the UK, the FTSE100 ended the day down 0.15%.Across the APAC region on Tuesday, markets rallied as China retaliated to Trump's tariffs by slapping tariffs on US imports between 10% to 15% for certain goods. Hong Kong's Hang Seng rose 2.83%, Japan's Nikkei added 0.72%, South Korea's Kospi index climbed 1.13% and China's CSI index remains closed for the Lunar holiday.Locally yesterday the ASX posted a slight loss of 0.06% yesterday as investors responded to Trump's tariffs on China coming into effect and the late afternoon retaliation of Beijing placing a 10-15% tariff on certain goods from the US. On Monday, Trump suspended tariffs on Mexico and Canada as discussions between the regions began, while the tariffs in China came into effect late on Tuesday AU time. Tech stocks offset some of the heavy losses yesterday with a gain for the sector of 1.52%, while REIT and consumer discretionary stocks fell 1.06% and 0.76% respectively.Online jobs advertisement platform Seek's proposed acquisition of Xref for a value of $42.1m fell through yesterday after Xref's shareholder voted against the takeover bid. Shares in Xref tumbled 22.6% yesterday while shares in Seek fell just 0.2%. Crop protection solution producer Nufarm rallied over 3% on Tuesday after reporting a positive trading update including the expectation to achieve $100m from its omega-3 revenue in FY25 and its belt-tightening program for cost cutting remains on track with $50m of annualised savings.What to watch today:Ahead of the midweek trading session here in Australia the SPI futures are anticipating the ASX will open the day up 0.64% tracking Wall Street's rebound overnight.On the commodities front this morning, oil has slipped to trade 0.70% lower at US$72.65/barrel, gold is up 1.04% at US$2843/ounce and iron ore is up 3.38% at US$105.02/tonne.The Aussie dollar has strengthened against the greenback to buy US$0.62, 96.41 Japanese Yen, 50.04 British Pence and NZ$1.11.On the reporting season calendar today, BWP Trust will release results.Trading Ideas:Bell Potter has increased the 12-month price target on Nufarm (ASX:NUF) from $4.25 to $4.35 and maintain a buy rating on the crop protection company following the release of a FY25 trading update. The analyst sees it has been a pleasing start to FY25 with strong levels of demand for crop protection products and the company remains on track to deliver $100m in Omega-3 revenues this year. The company is also on track to reduce working capital by 25-days per year end.And Trading Central has identified a bearish signal on Cleanaway Waste Management (ASX:CWY) following the formation of a pattern over a period of 15-days which is roughly the same amount of time the share price may fall from the close of $2.70 to the range of $2.63 to $2.65 according to standard principles of technical analysis.

Between the Bells
Morning Bell 4 February

Between the Bells

Play Episode Listen Later Feb 3, 2025 4:05


Over in the US on Monday, stocks were heavily sold off in morning trade before recovering some losses in afternoon trade amid news of tariffs between the US and Mexico would be paused for a month as conversations between the presidents of the countries begin. The Dow Jones fell 0.28%, the S&P500 lost 0.76%, and the Nasdaq ended the day down 1.2%.In Europe overnight markets closed lower after President Trump imposed tariffs on several countries and threatened to expand the tariffs to the European Union and the UK. The STOXX 600 fell 0.93%, Germany's DAX lost 1.4%, the French CAC fell 1.2%, and, in the UK, the FTSE100 ended the day down 1.04%.Across the Asia region on Monday negative investor sentiment around Trump's tariffs spread into the region with Japan's Nikkei falling 2.66% while South Korea's Kospi lost 2.52%, Hong Kong's Hang Seng dropped just 0.04% and, China's CSI index remained closed for the Lunar holiday.The local market started the new trading week with a significant sell-off, closing Monday's session down 1.79% with every sector ending the day lower as investors reacted to the downside risk of flow through effects into our economy from Trump's tariffs announced over the weekend.Over the weekend President Trump introduced 25% tariffs on Canadian and Mexican imports and an additional 10% tariff on Chinese goods, which led Canada to retaliate with a 25% tariff on US goods into Canada.There were few stories of good news on the market on Monday, but Lynas Rare Earths led the ASX200 gains with a rise of 3% despite no news out of the rare earth's producer. The possible catalyst for the rise in the share price may be due to Gina Rinehart's Hancock Prospecting buying up shares in the rare earth's producer over recent days.Magellan shares also tumbled 8.7% yesterday following the departure of the company's long-standing boss Gerald Stack.What to watch today:Ahead of Tuesday's trading session on the ASX, the SPI futures are anticipating the ASX will open the day up 0.47%.On the commodities front this morning oil is trading 0.26% higher at US$72.71/barrel, gold is up 0.8% at US$2819/ounce, and iron ore is up 0.26% at US$101.59/tonne.The Aussie dollar has slightly weakened against the greenback to buy US$0.61, 95.55 Japanese Yen, 49.82 British Pence and NZ$1.11.Trading Ideas:Bell Potter has slightly decreased the 12-month price target on Aeris Resources (ASX:AIS) from 34cps to 29cps and maintain a buy rating on the multi-mine copper and gold producer following the release of the company's December quarter update. Production at the company's Tritton mine fell short of Bell Potter expectations while AISC topped BPe, while the company's Cracow mine produced more gold at a lower cost than BP was expecting. The company's near-term outlook is highly leveraged to the copper price and increasing grades and production at its Tritton copper mine.And Trading Central has identified a bearish signal on Bravura solutions (ASX:BVS) following the formation of a pattern over a period of 7-days which is roughly the same amount of time the share price may fall from the close of $2.11 to the range of $1.93 to $1.97 according to standard principles of technical analysis.

Cashflow Ninja
863: Louis O' Connor: The Coming Supply Shock Of Strategic Metals

Cashflow Ninja

Play Episode Listen Later Jan 13, 2025 39:53


My guest in this episode is Louis O' Connor. Louis is the Founder, and Principal of Strategic Metals Invest. We are the only industry supplier in the world to offer private investors the option to purchase and profit from owning Strategic Metals. The investment play is exactly the same paradigm as investing in Precious Metals, instead the investor is purchasing Strategic Metals. Strategic Metals have outperformed Gold (58%) , FTSE100 (3%), and S&P500 (112%) consistently for the past 5 years with a 175% average return for the same period. Right now, in North America the only obstacle to investors profiting from owning Rare Earths is that they don't know they can. We are Europe based, providing North American clients portfolio with much needed geographic diversification. Interview Links: Strategic Metals Invest https://strategicmetalsinvest.com/ Subscribe To Our Weekly Newsletter: The Wealth Dojo: https://subscribe.wealthdojo.ai/ Download all the Niches Trilogy Books: The 21 Best Cashflow Niches Digital: ⁠⁠https://www.cashflowninjaprograms.com/the-21-best-cashflow-niches-book⁠⁠ Audio: ⁠https://podcasters.spotify.com/pod/show/21-best-cashflow-niches⁠ The 21 Most Unique Cashflow Niches Digital: ⁠⁠https://www.cashflowninjaprograms.com/the-21-most-unique-cashflow-niches⁠⁠ Audio: ⁠https://podcasters.spotify.com/pod/show/21-most-unique-niches⁠ The 21 Best Cash Growth Niches Digital: ⁠https://www.cashflowninjaprograms.com/the-21-best-cash-growth-niches⁠⁠ Audio: ⁠https://podcasters.spotify.com/pod/show/21-cash-growth-niches The 21 Next Level Cashflow Niches Digital: https://www.cashflowninjaprograms.com/the-21-next-level-cashflow-niches-book-free-download Audio: https://podcasters.spotify.com/pod/show/the-21-next-level-niches Listen To Cashflow Ninja Podcasts: Cashflow Ninja ⁠https://podcasters.spotify.com/pod/show/cashflowninja⁠ Cashflow Investing Secrets ⁠https://podcasters.spotify.com/pod/show/cashflowinvestingsecrets⁠ Cashflow Ninja Banking ⁠https://podcasters.spotify.com/pod/show/cashflow-ninja-banking⁠ Connect With Us: Website: http://cashflowninja.com Podcast: http://cashflowinvestingsecrets.com Podcast: http://cashflowninjabanking.com Substack: https://mclaubscher.substack.com/ Amazon Audible: https://a.co/d/1xfM1Vx Amazon Audible: https://a.co/d/aGzudX0 Facebook: https://www.facebook.com/cashflowninja/ Twitter: https://twitter.com/mclaubscher Instagram: https://www.instagram.com/thecashflowninja/ TikTok: https://www.tiktok.com/@cashflowninja Linkedin: https://www.linkedin.com/in/mclaubscher/ Gab: https://gab.com/cashflowninja Youtube: http://www.youtube.com/c/Cashflowninja Rumble: https://rumble.com/c/c-329875

iGaming Daily
Ep 372: Has Entain turned a corner following positive Q3 trading?

iGaming Daily

Play Episode Listen Later Oct 18, 2024 24:23


Yesterday (17 October), Entain posted a positive Q3 trading statement, in which the FTSE100 gambling group cited confidence in achieving the year one objectives of its corporate reorganisation and new CEO Gavin Issacs reaffirmed the view that Entain should be viewed as a “highly attractive business”.And this will be the topic for the latest episode of iGaming Daily, supported by Optimove. Host Martyn Elliott, SBC's Project Director, is joined by Ted Menmuir, SBC's Content Director, and Conor Porter, Senior Journalist for CasinoBeats, to delve deeper into the results.The trio discuss how the group turned the corner in the UK, and if further growth could be hampered by potential tax hikes, whether its BetMGM joint venture is reaching a critical period and why Entian has such a positive position in Brazil ahead of the federal launch of the regulated gaming market in the country.Finally, to end the episode, they consider what is next for Entain in the final quarter of the year and try to decide if the company has had a good or bad 2024. To read more about what was discussed in today's episode, click on the following links:- https://casinobeats.com/2024/10/17/entain-q3-2024-uk-possible-tax-increase/- https://sbcnews.co.uk/featurednews/2024/10/17/entain-q3-gavin-ceo/Host: Martyn ElliottGuests: Ted Menmuir & Conor PorterProducer: Anaya McDonaldEditor: James RossRemember to check out Optimove at https://hubs.la/Q02gLC5L0 or go to Optimove.com/sbc to get your first month free when buying the industry's leading customer-loyalty service. 

Snack Leadership
Behavioral Change with Todd Holzman

Snack Leadership

Play Episode Listen Later Sep 29, 2024 36:34


Behavioral Change refers to the process of modifying an individual's actions, attitudes, and habits to improve their performance, productivity, and overall well-being in the workplace.             “That which we need the most will be found where we least want to look.” Carl Jung   Todd Holzman has dedicated his life to empowering the difference makers. As the founder of Holzman Leadership Todd's Real Work Process is used by CEO's, Senior Leaders, and HR Executives at numerous Fortunate 500, FTSE100, and Global 2000 companies to transform their leaders, cultures, and business results. He has taught leadership at Harvard's Kennedy School of Government and Columbia University, and clients include American Express, Bristol Myers Squibb, British Telecom, Editas, Nestle, and Red Bull. Favorite snack is pizza.   Holzman Leadership LinkedIn Instagram   Music-"Homesick" Copyright 2018. Written by Shireen Amini. Produced by Shireen Amini and Mike Davidson of Plaid Dog Recording (Boston, MA).

HR Happy Hour
Managing and Engaging a Multi-Generational and Multi-Skilled Workforce

HR Happy Hour

Play Episode Listen Later Aug 30, 2024 30:00


Managing and Engaging a Multi-Generational and Multi-Skilled Workforce Host: Mervyn Dinnen Guest: Catherine Hambleton-Gray, Chief People Officer at Eurocell PLC In this podcast interview Mervyn talks with Catherine Hambleton-Gray,  Chief People Officer at Eurocell PLC, a FTSE100 listed company in the construction and building supplies sector. During the conversation they talk about Catherine's experiences of bringing a culture shift to an organisation with diverse people, needs and locations, helping to create a more engaged and purposeful workforce. During the conversation they discuss :  The challenges of engaging a multi-generational and multi-skilled workforceConsistent, meaningful communications within a locationally diverse organisation Senior leader visibilityImproving engagementEstablishing initiatives around wellbeing, mental health and EDIBCreating a relevant and informative careers website to give new hires a better understanding of roles and prospectsObtaining, and acting upon, employee feedback Thanks for listening! Remember to subscribe to all of the HR Happy Hour Media Network shows on your favorite podcast app!

Beurswatch | BNR
AI-lieveling blijkt oplichter? Hier moet je voor oppassen

Beurswatch | BNR

Play Episode Listen Later Aug 28, 2024 22:52


Nvidia, AMD, en Super Micro Computer. Het zijn drie AI-bedrijven waar beleggers verzot op zijn. Maar één van hen lijkt nu de boel bij elkaar te hebben gelogen. De boekhouding zou in elkaar zijn geknutseld en de omzet kunstmatig opgeblazen. Daar bleef het niet bij, want ook exportregels werden naar verluidt aan de laars gelapt. In deze aflevering hoor je om wie van de drie het gaat. Maar het is niet alleen maar kommer en kwel, want we vieren ook feest. We hangen de slingers alvast op voor Warren Buffett. Die blaast eind deze week 94 kaarsjes uit. En beleggers hebben samen al het cadeau voor hem klaarstaan, want zijn Berkshire Hathaway behoort nu tot een heel exclusief clubje. Het is nu één van de zeven bedrijven met een beurswaarde van meer dan 1 biljoen dollar. Waar de vlag niet uitgaat, is bij Volkswagen. De autobouwer krijgt niks meer voor elkaar, en zelfs bezuinigen lukt niet. Eigenlijk moest er dit jaar 4 miljard minder worden uitgegeven, maar dat gaan de Duitsers bij lange na niet redden. Sterker nog, er wordt nauwelijks íets bespaard. Ondertussen zit de concurrentie niet stil, want het Chinese Xpeng laat zien dat ze wél voor 'n habbekrats een elektrische auto in elkaar kunnen schuiven.See omnystudio.com/listener for privacy information.

Cashflow Ninja
839: Louis O'Connor: The Exciting Trends For Rare Earth Metals Right Now

Cashflow Ninja

Play Episode Listen Later Jul 15, 2024 33:26


My guest in this episode is Louis O' Connor. Louis is the Founder, and Principal of Strategic Metals Invest. We are the only industry supplier in the world to offer private investors the option to purchase and profit from owning Strategic Metals. The investment play is exactly the same paradigm as investing in Precious Metals, instead the investor is purchasing Strategic Metals. Strategic Metals have outperformed Gold (58%) , FTSE100 (3%), and S&P500 (112%) consistently for the past 5 years with a 175% average return for the same period. Right now, in North America the only obstacle to investors profiting from owning Rare Earths is that they don't know they can. We are Europe based, providing North American clients portfolio with much needed geographic diversification. Interview Links: Strategic Metals Invest https://strategicmetalsinvest.com/ Subscribe To Our Weekly Newsletter: The Wealth Dojo: https://subscribe.wealthdojo.ai/ Download all the Niches Trilogy Books: The 21 Best Cashflow Niches Digital: ⁠⁠https://www.cashflowninjaprograms.com/the-21-best-cashflow-niches-book⁠⁠ Audio: ⁠https://podcasters.spotify.com/pod/show/21-best-cashflow-niches⁠ The 21 Most Unique Cashflow Niches Digital: ⁠⁠https://www.cashflowninjaprograms.com/the-21-most-unique-cashflow-niches⁠⁠ Audio: ⁠https://podcasters.spotify.com/pod/show/21-most-unique-niches⁠ The 21 Best Cash Growth Niches Digital: ⁠https://www.cashflowninjaprograms.com/the-21-best-cash-growth-niches⁠⁠ Audio: ⁠https://podcasters.spotify.com/pod/show/21-cash-growth-niches Listen To Cashflow Ninja Podcasts: Cashflow Ninja ⁠https://podcasters.spotify.com/pod/show/cashflowninja⁠ Cashflow Investing Secrets ⁠https://podcasters.spotify.com/pod/show/cashflowinvestingsecrets⁠ Cashflow Ninja Banking ⁠https://podcasters.spotify.com/pod/show/cashflow-ninja-banking⁠ Connect With Us: Website: http://cashflowninja.com Podcast: http://resetinvestingsecrets.com Podcast: http://cashflowinvestingsecrets.com Podcast: http://cashflowninjabanking.com Substack: https://mclaubscher.substack.com/ Amazon Audible: https://a.co/d/1xfM1Vx Amazon Audible: https://a.co/d/aGzudX0 Facebook: https://www.facebook.com/cashflowninja/ Twitter: https://twitter.com/mclaubscher Instagram: https://www.instagram.com/thecashflowninja/ TikTok: https://www.tiktok.com/@cashflowninja Linkedin: https://www.linkedin.com/in/mclaubscher/ Gab: https://gab.com/cashflowninja Youtube: http://www.youtube.com/c/Cashflowninja Rumble: https://rumble.com/c/c-329875

CHURN.FM
E252 | Preventing Team Churn: Leadership Tactics for Retaining Talent with Mr Joe

CHURN.FM

Play Episode Listen Later Jul 3, 2024 52:58 Transcription Available


Today on the show we have Joe Leech, a Coach to CEOs with 18 years of tech experience, working with over 30 startups and FTSE100 giants.In this episode, Joe shares his insights on retaining top talent and preventing team churn.We discussed the common mistakes leaders make in micromanagement and hiring and we wrapped up by exploring effective onboarding strategies for new leaders.Mentioned ResourcesJoe Leech cxpartners Marriott.comeBayDavid Darmanin    HotjarName It to Tame It Churn FM is brought to you by Vitally, the all-in-one Customer Success Platform and Chargebee, SaaS for effective revenue growth management.