Between the Bells

Investors buy the dip and US equities rebound. The Australian share market futures are suggesting a 0.6% gain.

Companies reporting today: Beach Energy (BPT), Challenger (CGF), Suncorp Group (SUN) and Transurban Group (TCL).

All eyes on: Home and investing lending data for December and business confidence for January.

Global equities pushed the pause button on Friday following concerns of the coronavirus' economic impact. In the US, a better than expected jobs report was released with 225,000 jobs added in January, while wages grew 3.1% year on year, also beating forecasts.

Companies reporting today: GPT Group (GPT), Charter Hall Long WALE Reit (CLW), Aurizon Holdings (AZJ) and JB Hi-Fi (JBH).

All eyes on: China inflation data is out for January, home lending data is out tomorrow for December and business confidence for January.

Global equities had a strong rally both overnight and yesterday, with Asia up the most, as China halved the tariffs on $75 billion of US goods, taking effect on February 14. 

The Australian share market futures are suggesting a 0.13% gain after the ASX200 gained 1% yesterday.

Companies reporting today: REA Group (REA) and News Corp (NWS).

All eyes on the services sector.

US equites pushed ahead for the third straight day erasing the coronavirus losses, with the S&P500 closing at a brand-new record high. 

The Australian share market futures are suggesting a 0.8% gain.

Companies reporting today: Dexus (DXS), Nick Scali (NCK) and Mirvac (MGR).

All eyes on retail sales for December.

Wall street is bouncing back with vengeance, with the tech heavy Nasdaq rising to a brand-new record high overnight. Big tech household names like Microsoft and Apple surged to all-time highs. 

The Australian share market futures are suggesting a 0.6% gain after the ASX200 rose 0.4% yesterday.

Reporting season today: Centuria Industrial REIT (CIP), Centuria Metropolitan REIT (CMA), Genworth Mortgage Insurance (GMA) and Service Stream (SSM).

All eyes on RBA Governor speech at the National Press Club and reporting season companies.

Temple & Webster's (TPW) reporting season results in 1 minute.

Wall Street bounces back with investors seeing the market as a buying opportunity. The Aussie share market is eyeing a flat start. 

Reporting season: BWP Trust (BWP) half year results, CIMC Group (CIM) full year, Janus Henderson (JHG) full year, and Shopping Centre Australia (SCP) half year results are out. 

Today all eyes are on the RBA’s interest rate decision, reporting season companies and New Home Sales will be released by HIA for December.

The Australian share market is bracing for a heavy round of profit taking following the sharp losses on Wall Street with US equities falling 1.8% on fears the coronavirus could dent economic growth. Most asset classes are lower, bonds yield lower too as more money has flowed into treasuries, while gold has gained.

The Aussie futures suggest a 1.7% fall at the open which means we could fall below the 7,000 mark.

All eyes on the RBA meeting tomorrow and Link (LNK).

The Aussie share market gets the biggest start-of-year adrenalin shot in 3 decades. The ASX holds firm with less unemployment & higher inflation revealed in Australian economic data. The U.S follows suit. Plus; healthcare is up, but the stocks leading the charge aren't those in the eyes of the coronoavirus storm...

In this weeks Wrap, Jess covers:

How was this the best start to the year in 3 decades? (0:16)
The epedemic isn't causing a pandemic in the markets... (2:32)
Best sectors: Healthcare's up in coronavirus' wake (3:53)
Stocks report: Polynovo rides the skin repair wake, Nearmap nearly falls off the grid (4:53)
What can we expect? (5:53)