Between the Bells
Between the Bells
Bell Direct
Morning Bell 16 June
2 minutes Posted Jun 15, 2021 at 10:00 pm.
0:00
2:57
Download MP3
Show notes

The Aussie share market is set to open lower, with the futures suggesting the market will fall 0.2%. 

 

Traders and investors are exercising caution awaiting the Fed’s monthly announcement. 

 

What to watch today: 

  • Oil is up to US$72.12, at its highest level in almost three years. 
  • Iron ore hit another record high at US$221.00.
  • Australia and the UK agree to a free trade deal, with tariffs being phased out over a decade. 
  • Australian farmers eye off another big winter crop. Watch Elders (ASX:ELD), Graincrop (ASX:GNC), Australian Agriculture Co (ASX:AAC) and Ridley Corp (ASX:RIC). 

 

Trading Ideas: 

  • DGL Group (ASX:DGL) was initiated as a Bell Potter Buy with a $1.50 price target. 
  • The a2 Milk Company (ASX:A2M), MA Financial Group (ASX:MAF) and Hearts and Minds Investments (ASX:HM1) are all giving off bullish charting signals, according to Trading Central.