Скачать или смотреть Three stocks to trade | the trade

Key points:

Senate Republicans focus on passing a massive tax and spending bill.

Woolworths attempts to strengthen its market stance, facing price volatility.

Appen and REA Group navigate challenges and rate cut prospects.

Senate Republicans are pushing a substantial tax cut and spending bill despite internal divisions regarding its $3.3 trillion debt impact. Meanwhile, President Trump is vexed by US trade negotiations with Japan as Treasury Secretary Scott Besson warns of potential tariff increases by July 9. Trump continues to critique the US Federal Reserve and Chair Jerome Powell, suggesting interest rates should align with Japan and Denmark.

In Australia, Vantage Markets highlights Woolworths' (ASX: WOW) strategic moves to regain market position against Coles (ASX: COL), amidst a volatile price range between blue and red line indicators. The retailer plans to scrap its 'It's My Deal' website, potentially enhancing its operational efficiency. Analysts find renewed optimism with upcoming US market updates and improved fundamentals.

REA Group (ASX: REA) monitor interest rate cut expectations as Australia’s housing market barometer. With three expected cuts, the stock is down 2%, underperforming the broader ASX market. Still, a potential breakout looms at 256, despite a stubborn ceiling. Meanwhile, Appen (ASX: APX), the fallen market darling, faces a shaky recovery. Its stock price, after plummeting 60%, now battles resistance to ignite a recovery rally.