Morning Bell 15 May

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Manage episode 261976137 series 2611021
By Bell Direct. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

The Aussie share market was eyeing a 0.9% gain at the open, but will need to rise 1.2% to claw back Monday to Thursday’s fall.

Milestones were reached overnight as the oil price saw its biggest jump in 2-weeks with U.S stockpiles falling while demand creeps ahead.

A trading idea for today, Bell Potter rose GrainCorp's (ASX:GNC) price target to $4.20, implying a 14% share price growth in a year from yesterday’s close of $3.67.

All eyes on Unibail-Rodamco-Westfield (ASX:URW), Star Entertainment (ASX:SGR), Coca-Cola (ASX:CCL), the iron-ore price, a new round of economic stimulus in the U.S & U.S retail sales numbers for April.

126 episodes