Key News Overnight:
US stocks gained overnight as concerns about rising U.S.-China trade tensions were countered by a better-than-expected start to the earnings season. The S&P 500 added 0.2% to 2,616 and the Dow Jones gained 0.6% to 24,207;
Theresa May survived her vote of no confidence and opened talks with rival political parties to in attempt to break the Brexit deadlock;
Copper gained 0.9% overnight on the LME to US$5,938/t on bets China’s latest stimulus measures could assist in combating an economic slowdown and boost demand for raw materials;
Gold climbed 0.3% amidst turmoil surrounding the terms of the UK’s Brexit deal. The metal is heading towards its fifth week of gains as the U.K. parliament is running out of time to reach a deal;
Oil gained overnight as plans to scale back crude production from Russia and Saudi Arabia appear to be on track. Brent crude gained 1.2% overnight to US$ 61.34/bbl alleviating concerns of bearish US demand data
Recent Research:
CLX, SMR, GRB, DCN, ATU, BKY, PDN, S32, BSE, WPL, OSH, TEG
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