Key News Overnight:
U.S. stocks advanced, while Treasuries held gains after Federal Reserve meeting minutes confirmed the central bank’s dovish tilt on policy this year.
The euro declined after European Central Bank President Mario Draghi said the region faced a number of risks including Brexit and the danger that trade protectionism could hurt confidence.
Crude closed at a five-month high after U.S. government data showed the biggest decline in gasoline stockpiles since 2017, offsetting an increase in crude inventories.
The world’s largest copper producer, Codelco, has sufficient funding this year and next to develop the multibillion dollar mine upgrades essential to maintain its production at current levels, according to Chairman Juan Benavides.
Gold futures touched an almost two-week high as dollar gains ebbed and mounting global growth concerns stoked demand for the metal as a haven asset.
In This Issue:
Oil Prices reach highest point since November, what about the long-term outlook? | Michael Eidne
IGO, PRX | Drilling high impact target at Lake McKay | HOLD | Analyst | Matthew Keane
Ausdrill (ASL) | Sale of Connector Drilling | BUY | Analyst | Ian Christie
Xanadu Mines (XAM) | Khamagtai open pit scoping study | SPEC BUY | Analyst | Matthew Keane
Recent Research:
Stanmore Coal (SMR), SRG Global (SRG), Myanmar Metals (MYL)
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