Key News Overnight:
Trade talks between America and China are set to restart Thursday in Washington. Beijing is still open to a partial trade deal as long as no tariffs are added, an official said. In exchange, it would offer concessions in non-core areas like agriculture, and discussed offering to boost purchases of American soybeans.
U.S. stocks rose as China’s stance revived hopes for a bilateral accord, though gains pared a bit late. The S&P 500 was up nearly a percent while the ASX All Ords dropped 47 points.
The ECB minutes of one of the most contentious meetings in its history will be scoured for colour on the heated debate over the latest stimulus package, which triggered the resignation of Sabine Lautenschlaeger and public disapproval for others.
Greece, the one-time bond-market pariah at the heart of Europe’s sovereign debt crisis, joined the region’s negative-yield club and sold 487.5 million euros ($535 million) of 13-week bills with a yield of -0.02%.
Oil pared gains as the increasing regional tensions were offset by a 2.93 million-barrel gain in U.S. crude inventories that exceeded forecasts. Gasoline and diesel stocks fell more than expected.
In This Issue:
Resolute Mining (RSG) | Syama Sulphide Circuit offline | Not covered | No rating
Ramelius Resources (RMS) | Sept Q preliminary report | Not covered | No rating
Toro Energy (TOE) | looking for value add in vanadium | Not covered | No rating
Cobalt: Price Rebound on Chinese Demand Recovery | Analyst | Helen Lau
Orthocell (OCC) | Swick (SWK) | GR Engineering (GNG) | Metro Mining (MMI) | Sandfire Resources (SFR)