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No podcast ‘Notícia No Seu Tempo’, confira em áudio as principais notícias da edição impressa do jornal ‘O Estado de S.Paulo’ desta terça-feira (11/07/2023):

O ministro da Fazenda, Fernando Haddad, não vai esperar a conclusão da tramitação no Senado da reforma dos impostos sobre consumo para enviar ao Congresso a segunda etapa da mudança – a que vai tratar dos tributos sobre a renda. A decisão de apressar a mudança no IR se deve à necessidade do governo de incluir no projeto de Orçamento de 2024 as medidas que possibilitarão o aumento de arrecadação e o cumprimento da meta de déficit zero nas contas públicas, prevista no arcabouço fiscal. 

E mais:

Economia: Governo cede no saneamento e vai alterar por decreto proposta inicial

Política: Bolsonaristas atacam ala que votou com governo e racham bancada do PL

Metrópole: ‘Guerrilheiro do PCC’ se exibe em redes sociais e desafia a polícia

Internacional: Turquia aceita entrada da Suécia na Otan mesmo sem garantir vaga na UE

Esportes: Gabriela é a oitava vítima de brigas de torcedores este ano

Caderno 2: Livraria coreana reúne os sotaques do Bom Retiro

See omnystudio.com/listener for privacy information.

The Aussie share market is set to open lower, with the futures suggesting a 0.4% fall. The Aussie tech sector is following the US. 

What to watch today:

• The iron ore price surged 1.4% overnight to US$218.
• NAB (ASX:NAB) and Westpac (ASX:WBC) go ex-dividend today, along with Pendal (ASX:PDL).
• New home sale data is out today for April from the Housing Industry Association (HIA).
• The most traded stocks by Bell Direct clients yesterday: Flight Centre (ASX:FLT), NAB (ASX:NAB), Aeris Resources  (ASX:AIS), Zip Co (ASX:Z1P) 

Trading ideas:

• Watch Virgin Money (ASX:VUK) as UK restrictions ease this weekend and the UK economy is picking up.
• Telstra (ASX:TLS) and Mader (ASX:MAD), both Bell Potter Buy stocks, and Jupiter Mines (ASX:JMS) are all giving off bullish signals according to Trading Central. 

On the eve of the Australian Federal Budget being handed down tomorrow night - with a massive $4 billion injection into infrastructure expected – the Aussie share market futures suggest the market will get off to a slow start this week – the futures suggesting a dip of 0.1%. 

What to watch: 

• Iron ore surged over 3% taking the key steel ingredient off the charts to US$204. Morgan Stanley expects the iron ore price will rise to US$215 this year – and this will benefit Fortescue Metals Group (ASX:FMG). 
• All eyes on Crown Resorts (ASX:CWN) following an increased takeover offer and a merger proposal.
• Pendal (ASX:PDL) reported half year results and entered a trading halt after announcing plans to buy a US investment company for $413 million.
• The a2Milk Company (ASX:A2M) shares are likely to come under further pressure today as it advised it won’t be meeting its guidance and that its earnings will be significantly lower.
• Economic news out – NAB business confidence for April.  

Trading ideas:

• Bell Potter reiterated Regis Resources (ASX:RRL) as a BUY but reduced its price target to $4.08, implying 51% growth in a year. 
• OceanaGold (ASX:OGC), Hazer (ASX:HZR) and Euro Manganese (ASX:EMN) are all giving off bullish charting signals according to Trading Central.

The Aussie share market is set to open lower with the futures suggesting a 0.1% slip. It’s a big week for economic news with banks set to report earnings results. 

What to watch today:

• Westpac (ASX:WBC) reported their half year results this morning with statutory net profit of $3.4 billion. 
• ANZ Bank (ASX:ANZ) reports on Wednesday and National Australia Bank (ASX:NAB) reports on Thursday. 
• Commonwealth Bank (ASX:CBA) to provide quarterly update the following week. 
• Watch earnings results from Amcor (ASX:AMC) and Pendal (ASX:PDL) this week. 
• AGMs to be held for QBE Insurance (ASX:QBE), Rio Tinto (ASX:RIO) and Goodman Group (ASX:GMG). 
• Commodity stocks are likely to see activity today: Oil price fell 2% on the weekend, and the Iron Ore price is up 0.2% overnight, its highest level in almost 10 years. 
• Most traded stocks from Bell Direct on Friday: Sydney Airport (ASX:SYD), Qantas (ASX:QAN) and Flight Centre (ASX:FLT). Advised clients traded Magellan Global Fund (ASX:MGF). 

Trading ideas:

• Bubs Australia Ltd (ASX:BUB) is a speculative Bell Potter HOLD, trading at a year low and on a downtrend.
• Pointsbet (ASX:PBH), Super Retail Group (ASX;SUL) and Enero Group (ASX:EGG) are all giving off bullish charting signals according to Trading Central. 

The Aussie share market is eyeing a gain of 0.1% at the open.

U.S. equities rallied for the second straight day, continuing to claw back from last week’s retreat which was the worst weekly fall since March.

What to watch today:
 - China has allegedly put a temporary ban on Australian coal, copper-ore, wheat, wool, lobster and sugar imports into China from Friday.
 - Woolworths (ASX:WOW) announced quarterly group sales rose 12% to $17.9b, with food sales up 13% as customers consumed more at home.
 - Pendal (ASX:PDL) half year results are out today.
 - Domino’s Pizza Enterprises (ASX:DMP) and Cedar Woods Properties (ASX:CWP) hold their AGMs today.

Local trading ideas:
 - UBS reiterated the owner of IGA, Metcash (ASX:MTS), as a Buy, with a $3.25 price target.
 - Bell Potter reiterated Kazia Therapeutics (ASX:KZA) as a Speculative Buy with a $2.00 target, implying 153% upside in a year.
 - Bell Potter upgraded Auswide Bank’s (ASX:ABA) Buy rating and price target to $5.70, implying 14% upside in a year.
 - Breville (ASX:BRG), Chalice Gold Mines (ASX:CHN) and IGO (ASX:IGO) are all showing bullish charting signals according to Trading Central.

The Aussie share market sees a gain of 1.3% – the best weekly gain in seven weeks. European governments are dealing with their second wave of COVID-19, forcing Australian investors to buy into defensive stocks. Meanwhile, the USD pushed higher, putting pressure on commodities.

In this week’s wrap, Jessica covers:

• (0:12) The Sector Report: Healthcare gets a health kick, rising 4%
• (0:56) Service Stream (ASX:SSM) up 12%, upgraded to a Bell Potter buy
• (1:48) The delayed UK recovery and stocks to watch
• (2:38) Seven stocks to consider with lower for longer interest rates
• (4:28) What to watch: RBA, Federal Budget, Infrastructure spending
• (5:07) Four tips from an expert investor: Magellan’s Hamish Douglass

A very busy week is on the cards for Aussie investors this week, awaiting local business and consumer confidence, and unemployment numbers for April.

Kicking the week off, the Australian share market futures are eyeing a lift of 0.1% at the open. It comes as global markets pushed higher on Friday as the US unemployment numbers were better than economists expected with 20.5 million Americans losing their jobs last month, which was bleak but far better than the 21.5 million forecast. 

Trading ideas for today, AMP's (ASX:AMP) price target was lifted to $2.15 by Bell Potter, implying its shares will grow over 50%. Elders (ASX:ELD) was also raised by Bell Potter to a price target of $10.30, implying its shares will grow by 13%. 

Investors will be watching GrainCorp (ASX:GNC), Pendal Group (ASX:PDL) and CIMIC (ASX:CIM).