ArgonautArgonautArgonautArgonaut
  • About Us
    • Business Model
    • Regulation
    • Community
    • Jason and the Argonauts
    • Disclaimer and Disclosure
    • COVID-19 Visitor Requirements
  • Corporate Finance
  • Stockbroking & Research
    • Stockbroking
    • Research
    • Best Execution Policy
    • Administration Forms
    • Open an Account
  • Special Situations
  • News
    • Latest News
    • Morning Notes
    • Latest Research
  • Contact
    • Careers
      • Advisers
      • Graduate Program
      • Internship Program

03/07/2019 – Argonaut Morning Note

    Home Stockbroking & Research Morning Notes 03/07/2019 – Argonaut Morning Note
    NextPrevious

    03/07/2019 – Argonaut Morning Note

    By Jonas Dorling | Morning Notes | 0 comment | 3 July, 2019 | 0

    Key News Overnight:

    The Trump administration is abandoning its hard-fought plan to add a citizenship question to the 2020 census after the U.S. Supreme Court questioned its justification.

    U.S. stocks edged higher to a fresh record, while haven assets from Treasuries to gold resumed rallies as investors awaited economic data around the Fourth of July holiday. The euro erased gains after Christine Lagarde was nominated to lead the ECB.

    Gold futures rebounded from their biggest decline in more than a year on signs of fresh strains on the global economy that may prompt stimulus from central banks.

    Oil had its worst reaction to an OPEC meeting in more than four years, with prices sliding just after the cartel agreed to prolong production curbs as fears about the global economy mount. Futures closed down 4.8% in New York.

    The S&P/ASX 200 index closed up less than 0.1% at 6,653.2, paring an earlier gain of 0.6% after Australia executed its first back-to-back interest-rate cuts in seven years. Banks weighed on the benchmark after the RBA set its rate to a record low 1%.

    In This Issue:

    Stanmore Coal (SMR) | Increasing open pit capacity | BUY | Analyst | Matthew Keane

    NRW Holdings (NWH) | Addition to Stanmore contract | Not covered | Ian Christie

    Beach Energy (BPT) | Perth Basin Update |  Not covered | Michael Eidne

    Red River Resources (RVR) | Acquiring Hillgrove Gold-Antimony Project  | Not covered | Matthew Keane

    Recent Research:

    Decmil (DCG) | Looking to FY 20 | Ian Christie 

    Salt Lake Potash (SO4) | SO4 Releases the Lake Way Scoping Study with Strong Project Economics | Michael Eidne

    Pacific Energy (PEA) | Guidance Upgrade | Ian Christie

    June Quarter Preview and Commodity Outlook | Analysts | Matthew Keane, Helen Lau & James Wilson

    Gold Sector Update & June Quarter | Analysts | James Wilson & Matthew Keane

    Please read Argonaut’s Important Disclaimers & disclosures

    Log in to the client area below to download the full Morning Not

    No tags.

    Related Posts

    • 24/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: Wall Street closed higher on Thursday as market participants were reassured by U.S. Treasury Secretary Janet Yellen’s reassurances that measures will be taken to keep Americans’ deposits safe. In This Issue: FutureRead more

    • 23/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: Wall Street gyrated to end sharply lower on Wednesday after the U.S. Federal Reserve delivered a widely expected 25 basis point policy hike, while hinting that it was on the verge ofRead more

    • 22/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: US stocks rose for a second day as banks rallied on regulator reassurance. The VIX volatility gauge tumbled as the S&P 500 added 1.3% to close above 4,000. Treasuries dived as tradersRead more

    • 21/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: U.S. stocks jumped on Monday after a deal to rescue Credit Suisse and central bank efforts to bolster confidence in the financial system relieved investors, while participants also weighed the likelihood ofRead more

    • 20/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: Wall Street closed lower on Friday, marking the end of a tumultuous week dominated by an unfolding crisis in the banking sector and the gathering storm clouds of possible recession. In ThisRead more

    NextPrevious

    Recent Posts

    • 24/03/2023 – Morning Note
    • A$21.6 million Placement to ensure Catalyst is well-capitalised to advance exploration and development across the Plutonic-Marymia gold belt
    • MLG Oz (MLG) – Tuning In To FY24
    • 23/03/2023 – Morning Note
    • 22/03/2023 – Morning Note

    Archives

    • About Us
      • Business Model
      • Regulation
      • Community
      • Jason and the Argonauts
      • Disclaimer and Disclosure
      • COVID-19 Visitor Requirements
    • Corporate Finance
    • Stockbroking & Research
      • Stockbroking
      • Research
      • Best Execution Policy
      • Administration Forms
      • Open an Account
    • Special Situations
    • News
      • Latest News
      • Morning Notes
      • Latest Research
    • Contact
      • Careers
        • Advisers
        • Graduate Program
        • Internship Program
    Argonaut

    Argonaut | The Natural Choice in Resources.
    © 2022 Argonaut.

    Corporate Finance
    Stockbroking & Research
    Contact Us

    Argonaut | Perth

    Level 30, Allendale Square, 77 St Georges Terrace Perth, WA, 6000 Australia

    clientservices@argonaut.com

    ABN 72 108 330 650

    Argonaut | Login

    Client Area Help
    Register for Access to Client Area
    Privacy Policy
    Financial Services Guide 
    Website Disclaimer

    Copyright 2022 | Website ⚡ by Start Digital