Between the Bells
Between the Bells
Bell Direct
Morning Bell 26 July
5 minutes Posted Jul 25, 2021 at 11:00 pm.
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The Aussie share market is set to open higher, with the futures suggesting a 0.3% lift, taking the market to another record all time high. 

What to watch today: 

  • In economic news, inflation data will be released on Wednesday. It is expected to show a 3.8% rise in inflation over the year in the last quarter. 
  • The oil price lifted slightly to US$72, continuing to bounce back from last Monday’s fall. 
  • The copper price rose 2.7%, while iron ore rose over 1%. Following these gains, BHP in New York lifted 1.1%, so it is expected that Australian listed commodity stocks will also do well today. 
  • Mining and energy stocks given oil and iron ore rebounds. 

Trading Ideas: 

  • Health club business Viva Leisure (ASX:VVA) was reiterated as a Citi BUY stock, with a slimmer $2.50 price target, implying 38% share price growth in a year. 
  • BrainChip (ASX:BRN), Damstra (ASX:DTC) and FireFinch (ASX:FFX) are all giving off bullish charting signals according to Trading Central.