Market wraps 6th November 2020
Weekly Wrap 6 November
Global markets rallied this week as the U.S. election result edges closer. Following border re-openings, local equities rallied 3.6% (Mon-Thu), almost erasing last week's losses. Plus with record low interest rates and bond-buying, it seems bullish sentiment is in the air...
In this week’s wrap, Jessica covers:
- (0:37) Sectors: Real Estate gaining 8% supported by interest rate cuts
- (0:57) Stocks in the spotlight: Flight Centre (ASX:FLT) and Inghams (ASX:ING)
- (1:34) Opportunities in the Travel sector as borders re-open
- (2:47) What the RBA's rate cut and bond purchasing means