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08/04/2019 – Argonaut Morning Note

    Home Stockbroking & Research Morning Notes 08/04/2019 – Argonaut Morning Note
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    08/04/2019 – Argonaut Morning Note

    By admin | Morning Notes | 0 comment | 8 April, 2019 | 0

    Key News Overnight:

    President Donald Trump’s top economic adviser says the U.S. and China are “closer and closer” to a trade deal, and that top-tier officials would be talking again this week;

    Prime Minister Theresa May’s attempt to break the deadlock over Brexit stalled after the opposition Labour Party said she hasn’t offered “real change” to her policy;

    U.S. crude capped its longest winning streak in almost 18 months as global supplies strained and positive U.S. economic indicators bolstered the demand outlook;

    Copper fell as available inventories tracked by the London Metal Exchange rose for a fifth straight week, easing supply concerns;

    Platinum headed for the biggest weekly gain in more than two years as a wide discount to sister-metal palladium stoked investor interest and traders weighed the potential for labour disruptions in South Africa, the largest producer;

    In This Issue:

    Carnarvon Petroleum (CVN) | Quarterly Report – 31st March 2019 | SPEC BUY | Analyst | Michael Eidne

    Swick Mining Services (SWK) | Recent awards | SPEC BUY | Analyst | Ian Christie

    Lynas Corporation (LYC) | Malaysian Government wooed by Wesfarmers offer | Not covered | No rating

    Resolute Mining (RSG) |Preliminary March Q report | Not covered | No rating

    Recent Research:

    SRG Global (SRG) | FY19 atypical | BUY | Analyst: Ian Christie

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