Key News Overnight:
US stocks fell overnight as lingering concerns over trade and geopolitical risks offset a report showing the economy cooled by less than expected last quarter. The Dow Jones fell 0.3% to 25,916 while the S&P 500 fell 0.3% to 2,784;
North Korea offered the US a "realistic proposal" to start the process of denuclearisation. However, President Trump's walkout may have caused Kim Jong Un to lose the will to negotiate;
Copper advanced for a fifth straight session overnight on the LME, capping its best month in more than a year, after stockpiles sank and reported US economic growth eased by less than expected last quarter. Copper gained 0.1% to US$ 6,556/t;
China’s government bonds are headed for their worst month since August as investors flocked to equities. The yield on China’s 10-year sovereign notes has climbed 7 basis points in February after falling for the previous four months;
Stronger-than-expected US economic data pushed the dollar higher Thursday, helping the currency finish in the green for the first time since October.
In This Issue:
Doray Minerals (DRM) | Termination of Andy Well sale | BUY | Analyst | James Wilson
Aspire Mining l (AKM) | Trucking model redefines Ovoot | Not covered: No rating
Metro Mining (MMI) | Operations Update | BUY | Analyst: Matthew Keane
SCEE (SXE) | Interim results | BUY | Analyst: Ian Christie
Peet (PPC) | Interim results |HOLD | Analyst: Ian Christie
Recent Research:
DRM, MMI, AKM, SXE, PCC, XAM, OZL, PDN, SRG
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