Market wraps 31st July 2020

Morning Bell - Jessica Amir

The Aussie share market rose for the 4th month, up 33% from its COVID-19 low. We saw Australia slip into deflation, while on the commodity front, all that glittered was gold.
In this week’s wrap, Jessica covers:

  • (0:16) Star stocks: ALS (ASX:ALQ) +34% & Orocobre (ASX:ORE) +33%
  • (0:45) Stocks to consider as the gold price glistens
  • (1:55) Inflation hits rock bottom - biggest fall in history
  • (2:25) Rent takes a plunge: also a historical record
  • (2:56) Inflation rebound themes to consider: childcare & fuel/oil
  • (3:57) Rio Tinto (ASX:RIO) & Fortescue Metals (ASX:FMG) results
  • (5:30) Next week: Resmed (ASX:RMD) reports, RBA meets
  • (6:17) Retail stocks to watch: Temple & Webster (ASX:TPW), Michael Hill (ASX:MHJ) & Harvey Norman (ASX:HVN)