Key News Overnight:
U.S. equities gained as data signalled a resilient economy and modest pressure on inflation. The pound jumped as the U.K. parliament voted to reject a no-deal Brexit;
Britain’s Parliament voted to avoid an economically disastrous no-deal split from the European Union, opening the door to delaying Brexit and radically re-writing the terms of the divorce;
Oil prices climbed to their highest so far this year as a decline in U.S. crude and fuel stockpiles added to evidence of a tightening market. Brent rose 1.3% overnight as WTI rose 2.4%;
Gold rose for a second day as heightened Brexit uncertainty and cooling U.S. inflation spurred demand for the yellow metal as a store of value;
Copper and zinc may rally sharply if freely available inventories on the London Metal Exchange continue their downward trend to zero, according to Macquarie Group Ltd;
In This Issue:
Austal (ASB) | High-speed catamaran delivery | BUY | Analyst | Ian Christie
Syrah Resources (SYR) | March Q Update | Not covered | No rating
Bellevue Gold (BGL) | Extensions to Viago and Tribune lodes | Not covered | No rating
Triton Minerals (TON) | Financing and offtake MOU |Not covered | No rating
Recent Research:
ASB, SYR, BGL, TON
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