Key News Overnight:
Talks to avert another government shutdown over funding for border security deteriorated late on Saturday, impairing the prospects for a deal by Friday’s deadline;
Investors will be hoping the U.S. and China can put trade talks back on the road to a deal after President Donald Trump said he’s unlikely to meet President Xi Jinping before a March 1 deadline. Failure by US and Chinese negotiators to reach a deal by that date will raise the stakes in the trade war, with Trump threatening to double American tariffs on Chinese goods;
Gold rose Friday as global equities fell amid escalating trade tension, reinforcing the metal’s haven appeal. Gold climbed 0.3% to $US 1,309.8/oz;
Global oil prices rose modestly on Friday as Investors were reluctant to take fresh positions ahead of US-China trade talks. Brent crude rose 0.8% to $US 62.10
In This Issue:
CTI Logistics (CLX) | Hard work in WA | BUY | Analyst: Ian Christie;
Peet (PPC) | Interims preview | BUY | Analyst: Ian Christie;
Gascoyne Resources (GCY) | Site Visit | SPEC BUY | Analyst: James Wilson;
Austal (ASB) | Longer term confidence boost | BUY | Analyst: Ian Christie;
Otto Energy (OEL) | Otto Energy – Lightning Strikes: Green#1 is a discovery | BUY | Analyst: Michael Eidne;
Gage Roads (GRB) | First half update | BUY | Analyst: Ian Christie;
Recent Research:
CLX, PPC, GCY, ASB, OEL, GRB
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