Key News Overnight:
U.S. markets were closed for the Thanksgiving holiday but futures indicated markets will retreat when trading resumes on Friday, in what will be a shortened day. The ASX200 hit a record high yesterday despite growing concerns for the banking industry, closing at 6,864 points.
U.S. President Donald Trump signed a bill supporting human rights in Hong Kong, potentially increasing tensions as the US and China talk about ending their trade war.
Oil prices have fallen for a second consecutive day overnight after Trump signed the bill. Brent crude was down 64 US cents, or 1.0 per cent, at $US63.42 a barrel.
Gold was trading near US$1,458/oz in North American trade, up around $3.20 over the past 24 hours. Base metal prices were mostly lower on the London Metal Exchange on Thursday. Nickel fell by 2.6% with copper and zinc down 0.9%.
In This Issue:
GR Engineering (GNG) | Opportunities lining up | BUY Analyst | Ian Christie
Troy Resources (TRY) | Suspension of operations at Karouni | Not covered | No rating
Nickel: Price Weakness on Inventory Increases | Analyst | Helen Lau
Recent Research:
Gage Roads (GRB) | Angel Seafood (AS1) | Saracen Mineral Holdings (SAR) | Argonaut’s 2019 Best Undeveloped Projects
Please read Argonaut’s Important Disclaimers & disclosures
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