Key News Overnight:
Major US share market indexes finished at record highs on Monday with investors hopeful about US-China trade negotiations. Technology and energy stocks led the way.
The United States has formally notified the United Nations of its intention to withdraw from the Paris Agreement. The notification begins a one-year process of exiting the global climate change accord, culminating the day after the 2020 US election. The agreement brought together 188 nations to combat climate change.
Global oil prices rose by around 0.7% on Monday. Both economic data and US-China trade news are boosting optimism about future global oil demand.
Spot gold was trading near US$1,509 an ounce in late trade, base metal prices were mixed on the London Metal Exchange on Monday. Nickel lost 1.7% and tin lost 0.5%.
In This Issue:
GR Engineering (GNG) | Carosue Dam contract | BUY | Analyst | Ian Christie
Cynata Therapeutics (CYP) | Company Update | Not covered | No rating
Copper: Jiangxi Copper’s Stronger than expected 3Q19 results; China’s Stable Demand | Analyst| Helen Lau
Triangle Energy (TEG) | SCEE (SXE)