Key News Overnight:
UK and EU officials are working on a new legal text for the most contentious part of the Brexit deal, as Prime Minister Theresa May struggles to unite a fracturing parliament before the March 29 deadline;
Oil prices climbed to a three-month high overnight and remain on track for the best March quarter gains in eight years as optimism grows over OPEC production cuts. Brent rose 0.3% to $US 66.45/bbl;
Japanese stocks climbed to a two-month peak on Monday, with investor risk appetite lifted by growing expectations that the latest US and China talks would ease trade tensions. The Nikkei 225 advanced 1.82 percent to 21,281.85;
Iron Ore prices gained modestly overnight as Brazil announced a ban on specific types of tailings dams that were responsible for the two Vale SA tragedies in recent years. Fines 62% Fe rose 1.1% to $US 88.80/t;
Chinese coal traders are reducing purchases of Australian coal as clearing times through northern Chinese ports have doubled to 40 days. Coal shipments departing from Australia’s Newcastle port to China fell 30 percent last month, as the country looks to support domestic production and tackle air pollution
In This Issue:
Saracen Mineral Holdings (SAR) | HI FY19 Results |HOLD | Analyst: Matthew Keane;
Sandfire Resources (SFR) | HI FY19 Results | HOLD | Analyst: Matthew Keane;
Monadelphous (MND) | Interim results | Not covered | No rating;
Emeco (EHL) | Interim results | Not covered | No rating;
Senex Energy (SXY) | FY19 Half Year Results | Not covered | No rating;
Blackham Resources (BLK) | Golden Age underground results | Not covered | No rating
Recent Research:
SAR, SFR, MND, EHL, SXY, BLK, GOR, MYL, TEG, MDKA.IDX, CVN
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