ArgonautArgonautArgonautArgonaut
  • About Us
    • Business Model
    • Regulation
    • Community
    • Jason and the Argonauts
    • Disclaimer and Disclosure
    • COVID-19 Visitor Requirements
  • Corporate Finance
  • Stockbroking & Research
    • Stockbroking
    • Research
    • Best Execution Policy
    • Administration Forms
    • Open an Account
  • Special Situations
  • News
    • Latest News
    • Morning Notes
    • Latest Research
  • Contact
    • Careers
      • Advisers
      • Graduate Program
      • Internship Program

16/01/2019 – Argonaut Morning Note

    Home Stockbroking & Research Morning Notes 16/01/2019 – Argonaut Morning Note
    NextPrevious

    16/01/2019 – Argonaut Morning Note

    By Jonas Dorling | Morning Notes | 0 comment | 16 January, 2020 | 0

    Key News Overnight:

    US stocks ended higher on Wednesday with the Dow posting a record close after the United States and China signed a Phase 1 trade agreement and pledged to resolve a tariff dispute that has impacted financial markets for over a year.

    Traders were also busy assessing corporate results overnight on Wall Street. The big financial stocks continued to be the focus with Goldman Sachs and Bank of America both underwhelming.

    Wall Street’s positive end to its session is setting up the ASX200 for a solid start today. The market opened three points higher this morning. The move will likely see the ASX200 break through the 7000 mark, which the market fell just short of yesterday.

    UK CPI data captured the lion’s share of attention. It missed estimates, coming in at 1.3% versus a 1.5% forecast. The data adds to a series of disappointing data releases out of the UK recently.

    Oil prices were a major macro mover overnight. Brent and WTI Futures prices fell after weekly US Crude inventory data underwhelmed oil market bulls and cast doubt over the strength of global energy demand.

    In This Issue:

    GR Engineering (GNG) | US Engineering Business acquisition | BUY | Analyst | Ian Christie

    Woodside Petroleum (WPL) | Q4 Report – 31 December 2019 | Not covered | No rating

    Whitehaven Coal (WHC) | December Q results | Not covered | No rating

    Recent Research:

    Decmil (DCG) | CTI Logistics (CLX)

    Please read Argonaut’s Important Disclaimers & disclosures

    Log in to the client area below to download the full Morning Note

    No tags.

    Related Posts

    • 20/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: Wall Street closed lower on Friday, marking the end of a tumultuous week dominated by an unfolding crisis in the banking sector and the gathering storm clouds of possible recession. In ThisRead more

    • 17/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: A strong rebound by financials helped Wall Street’s main indexes close firmly positive on Thursday, after some of the country’s largest lenders came to the rescue of embattled First Republic Bank. InRead more

    • 16/03/2023 – Morning note

      By Jonas Dorling | 0 comment

      Key News Overnight: U.S. stocks pared losses late on Wednesday but the Dow and S&P 500 still closed lower, as problems at Credit Suisse revived fears of a banking crisis, eclipsing bets on a smallerRead more

    • 14/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: Sliding bank shares dragged Wall Street down on Monday with investors worried about contagion from the Silicon Valley Bank collapse, but trade was choppy and the Nasdaq composite actually ended higher asRead more

    • 13/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: Wall Street’s indexes ended down more than 1% on Friday after investors ran for the exits as they feared for the health of U.S. banks after the failure of a high-profile lenderRead more

    NextPrevious

    Recent Posts

    • 20/03/2023 – Morning Note
    • 17/03/2023 – Morning Note
    • 16/03/2023 – Morning note
    • Acquisition of Vango Mining by Catalyst Metals marks the first step to controlling a third highly prospective Australian gold belt
    • 15/03/2023 – Morning Note

    Archives

    • About Us
      • Business Model
      • Regulation
      • Community
      • Jason and the Argonauts
      • Disclaimer and Disclosure
      • COVID-19 Visitor Requirements
    • Corporate Finance
    • Stockbroking & Research
      • Stockbroking
      • Research
      • Best Execution Policy
      • Administration Forms
      • Open an Account
    • Special Situations
    • News
      • Latest News
      • Morning Notes
      • Latest Research
    • Contact
      • Careers
        • Advisers
        • Graduate Program
        • Internship Program
    Argonaut

    Argonaut | The Natural Choice in Resources.
    © 2022 Argonaut.

    Corporate Finance
    Stockbroking & Research
    Contact Us

    Argonaut | Perth

    Level 30, Allendale Square, 77 St Georges Terrace Perth, WA, 6000 Australia

    clientservices@argonaut.com

    ABN 72 108 330 650

    Argonaut | Login

    Client Area Help
    Register for Access to Client Area
    Privacy Policy
    Financial Services Guide 
    Website Disclaimer

    Copyright 2022 | Website ⚡ by Start Digital