Key News Overnight:
China could retaliate against the U.S. after President Donald Trump blacklisted Huawei Technologies Co., the Chinese ambassador to the EU said. Trump upped the ante in his trade dispute with China last week, announcing moves to curb Huawei’s business that are starting to have ramifications for other companies around the world.
US share markets fell on Monday. US-Iran tensions and a lack of progress on a Chinese trade deal weighed on market sentiment.
All major industrial metals fell in London, with copper touching the lowest level in more than three months as concerns over the U.S.-China trade war outweighed mounting supply issues.
Global oil prices closed mixed on Monday. Investors monitored global developments and tensions while OPEC gave indications it would extend the production restraint agreement.
Gold futures advanced as the dollar fell and concern over the deepening U.S.-China trade war battered equities, boosting demand for the metal.
In This Issue:
Orthocell (OCC) | OCC releases a new presentation| SPEC BUY | Analyst | Michael Eidne
Apollo Consolidated (AOP) | Duchess results | SPEC BUY | Analyst | James Wilson
Lynas Corporation (LYC) | Investing A$500m for Growth | Not covered | No rating
Bellevue Gold (BGL) | New drill results from Bellevue show potential for growth | Not covered | No rating
Please read Argonaut’s Important Disclaimers & disclosures
Log in to the client area below to download the full Morning Note PDF
