Yahoo Finance’s morning wrap for Wednesday


Good morning.

Here is everything you need to know in finance this morning.

Stocks marketsThe Australian share market looks set for a positive day of trade. According to the latest SPI futures, the ASX 200 is expected to open the day 12 points or 0.2 per cent higher. This follows a reasonably positive night of trade on Wall Street. Here are 5 stocks to keep an eye on today.

RBA worried about housing downturn: The RBA’s concern about Australia’s housing market downturn spilling over into other parts of the economy appears to be growing. At its February meeting, it noted that: “if prices were to fall much further, consumption could be weaker than forecast, which would result in lower GDP growth, higher unemployment and lower inflation than forecast”.

Wage report: Australia’s December quarter Wage Price Index (WPI) will be released later today. Here is your 10-second guide into the results.

Stocks investment: Are you planning to invest in stocks, or already have? Here’s the first sign to look for to tell if the market or a stock is healthy.

Recession ahead? Many commentators are worried that the current crisis in consumer confidence will impact economic growth. I think Australia will have a recession… one day – but not any time soon! Here are 6 reasons why.

Prepare now: While 25-plus years without a recession might make us think we’re invincible to a severe economic downturn, it never hurts to be prepared. Here are 3 ways to prepare for the next economic downturn, whenever it arrives.

Have a great day.

Make your money work with Yahoo Finance’s daily newsletter. Sign up here to stay on top of the latest money, property and tech news.



Source link Finance News Australia

Enter your Email Address

Leave a Reply

Your email address will not be published. Required fields are marked *