Key News Overnight:
President Donald Trump weighed in on the state of trade negotiations with China, saying the U.S. was “right where we want to be” and on the cusp of taking in massive tariffs from China – at odds with his economic adviser, who conceded on Sunday that U.S. companies and consumers would pay the tariff bill.
Theresa May is promising to reopen Brexit talks with the EU on a future customs deal in an attempt to breathe life back into stalled negotiations with the Labour Party.
Emerging-market equities saw their worst rout since October 2018, while currencies extended a four-week losing streak as trade clashes intensified between the world’s two largest economies.
Base metal prices were higher by up to 2.0% on Friday with tin up the most although copper only rose by 0.3%. Lead was the exception, down by 0.8%.
Oil fell for the third straight week as investors weighed the potential damage to global growth after an inconclusive end to the latest U.S.-China trade talks.
In This Issue:
Carnarvon Petroleum (CVN) | Dorado-2 Drilling Ahead | SPEC BUY | Analyst | Michael Eidne
Reliance Worldwide (RWC) | Trading update and potential US tariff impact | Not covered | No rating
Image Resources (IMA) | Ultra High-Grade intersect at Boonanarring | Not covered | No rating
Antipa Minerals (AZY) | Maiden Resource | Not covered | No rating