Australia markets closed
  • ALL ORDS

    7,078.90
    -28.20 (-0.40%)
     
  • ASX 200

    6,800.40
    -23.30 (-0.34%)
     
  • AUD/USD

    0.7714
    -0.0053 (-0.68%)
     
  • OIL

    51.98
    -1.15 (-2.16%)
     
  • GOLD

    1,855.50
    -10.40 (-0.56%)
     
  • BTC-AUD

    41,245.30
    -1,077.49 (-2.55%)
     
  • CMC Crypto 200

    651.44
    +41.45 (+6.79%)
     
  • AUD/EUR

    0.6335
    -0.0045 (-0.71%)
     
  • AUD/NZD

    1.0737
    -0.0017 (-0.16%)
     
  • NZX 50

    13,333.43
    +221.24 (+1.69%)
     
  • NASDAQ

    13,366.40
    -38.59 (-0.29%)
     
  • FTSE

    6,695.07
    -20.35 (-0.30%)
     
  • Dow Jones

    30,996.98
    -179.03 (-0.57%)
     
  • DAX

    13,873.97
    -32.70 (-0.24%)
     
  • Hang Seng

    29,447.85
    -479.91 (-1.60%)
     
  • NIKKEI 225

    28,631.45
    -125.41 (-0.44%)
     

Yahoo Finance's morning wrap for Wednesday

Samantha Menzies
·Contributing editor
Here’s what is happening in finance this morning. Source: Getty Images
Here’s what is happening in finance this morning. Source: Getty Images

Good morning.

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

Stocks markets: The 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.