Key News Overnight:
US equities started the week off on a strong note, shrugging off coronavirus concerns. The S&P 500 hit a new high, with most sectors advancing. Treasuries and European bonds edged higher.
The US yield curve is flirting with another broad-based inversion, reigniting fears over the American economy. A growing chorus of voices is suggesting the signal might say more about the state of the world than the U.S. business cycle.
The UK government has announced that people can forcibly be quarantined if they are considered an infection risk, and called the spread of the coronavirus a “serious and imminent” threat to public health.
Xi Jinping said the hit to China’s economy from the deadly coronavirus will be short term and will not derail its longer-term improvement.
Chinese inflation numbers topped the data-docket on Monday. CPI for last month in China’s economy grew to 5.4 per cent – the highest rate of growth since 2011.
In This Issue:
Northern Star (NST) | H1 Financial Results | BUY | Analyst | James Wilson
Botanix (BOT) | BOT Board Changes| SPEC BUY | Analyst | Michael Eidne
Beach Energy (BPT) | BPT announces it FY20 First Half Results | Not covered | No rating
Zenith Energy (ZEN) | Interim results | Not covered | No rating
De Grey (DEG) | Further thick, high-grade intersections at Hemi | Not rated | Not covered
Centuarus Metals (CTM) | New high-grade nickel sulphide discovery at Jaguar | Not rated | Not covered
Apollo Consolidated (AOP) | Perenti (PRN) | Tietto Minerals (TIE) | Gage Roads (GRB) | Orthocell (OCC)