Key News Overnight:
US stocks were mixed overnight as a round of U.S.-China tariff negotiations in Beijing commenced and lawmakers in Washington continue to negotiate a contentious spending bill. The Dow Jones fell 0.2% to 25,053 while the S&P 500 gained 0.1% to 2,710;
Official figures released on Monday showed that UK economy grew at its slowest pace in seven years throughout 2018, as the March 29 deadline looms without signs of a solution to end the Brexit deadlock;
Aluminium and other industrial metals continued to fall overnight amid pressure from a strong US dollar and signs of softening global growth. Aluminium fell 0.1% $US 1,856/t with copper also falling 0.9% to $6,136/t;
Global oil prices fell to a two-week low overnight as a stalemate in US-China trade talks exacerbated concerns about global economic growth. Brent crude fell 0.9% to 61.56/bbl;
The US dollar has extended its gains for an eighth straight day as central banks around the world follow the Fed’s dovish move to slowdown the pace of interest rate hikes. The US dollar index rose 0.43% to 97.055
In This Issue:
Northern Star Resources (NST) | Pogo Exploration update | HOLD | Analyst | James Wilson;
Stanmore Coal l (SMR) | December Half Year Financials |BUY | Analyst | Matthew Keane;
Exore Resources (ERX) | Exceptional Results from Antoinette | Not covered | No rating;
Marindi Metals l (MZN) | Historical Copper intercepts in Patterson Province | Not covered | No rating
Recent Research:
NST, SMR, ERX, MZN, MDKA.IDX, CVN, TEG, CLX, PPC, GCY, ASB, OEL
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