Key News Overnight:
U.S. stocks ended lower after turbulent trading, fluctuating before fading at the end of trade. The S&P 500 pared an early selloff after the WHO said a spike in China’s coronavirus diagnoses didn’t necessarily reflect a sudden surge in the epidemic
The WHO’s cautionary comments came after cases in China jumped by almost 15,000. Officials in Hubei province, the epicentre of the outbreak, revised its method for counting infections and that contributed to the spike
Boris Johnson’s Cabinet reshuffle didn’t go so well. Sajid Javid quit as Chancellor of the Exchequer following a fight with the PM, leaving Britain’s economic policy in disarray. Rishi Sunak was named as his replacement
Russia said Vladimir Putin hasn’t decided yet on the OPEC+ proposal to deepen curbs and Algeria’s energy minister said the cartel may decide on fresh reductions until June
In This Issue:
Sandfire Resources (SFR) | DeGrussa water ingress | BUY | Analyst | Matthew Keane
FAR (FAR) | International Court of Arbitration Decision Handed Down | Not covered | No rating
Recent Research:
Contract Mining | Better prospects | Analyst | Ian Christie
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