Key News Overnight:
The S&P/ASX 200 index rose 0.8% to close yesterday at 6,245.6, the highest since September, as bets for interest-rate cuts were bolstered after lower-than-expected economic growth data;
U.S. equities fell to a three-week low on concern about the outlook for growth after fresh data pointed to a slowing economy before a key jobs report Friday. The S&P 500 and Dow Jones dropped 0.7% and 0.5% respectively;
China won’t make big concessions to the U.S. in order to seal a trade deal, former finance minister Lou Jiwei said in Beijing on Wednesday, calling some U.S. demands for change "unreasonable.";
Major names Rio Tinto, BHP Billiton & Iluka are going ex-dividend today;
Gold held near a five-week low as improving prospects of a U.S.-China trade deal boosted the dollar and damped haven demand for the metal;
Copper fell as the dollar strengthened as investors await more certainty about U.S.-China trade talks;
In This Issue:
Australia’s East Coast Gas Conundrum | Analyst | Michael Eidne
Decmil (DCG) | Warradarge Wind Farm win | BUY | Analyst | Ian Christie
Otto Energy (OEL) | Winx-1 Well Completes Drilling | BUY | Analyst | Michael Eidne
Doray Minerals (DRM) | Deflector exploration results | BUY | Analyst | James Wilson
OZ Minerals l (OZL) | Low Risk Block Cave Strategy | HOLD | Analyst: Matthew Keane
Recent Research:
FMG, OZL, DCG, SO4, MGV, SGI, OEL, CLX, GRB, ASB, DCG, ANG, SWK, DRM, AKM
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