Key News Overnight:
The U.S. confirmed a case of China’s mysterious coronavirus in a man in Washington state who had recently travelled to Wuhan. Eight more cases were confirmed in Guangdong and Beijing, with a total of six fatalities.
At Davos, Guggenheim’s Scott Minerd likened the inflation of asset prices caused by the loose money policies of central banks to a “ponzi scheme” that eventually must collapse.
Donald Trump’s impeachment trial formally started in the Senate. Mitch McConnell agreed to ease the pace of opening statements and admit evidence from the House inquiry, after Democrats called his initial plan a “cover-up.”
Xi Jinping offered personal assurances that he will not use Hong Kong’s unrest as an excuse to boost Beijing’s control of the city, Carrie Lam said. “There is no truth in the allegation that the central government is tightening the grip.”
Mathias Cormann said at Davos there is little doubt that the extremity of wildfires can be partly linked to climate change effects. He added that the country “absolutely does its bit when it comes to effective action on climate change.”
In This Issue:
Regis Resources (RRL) | December Q Production report| BUY | Analyst | James Wilson
Santos (STO) | Quarterly Report – 31 December 2019 | Not covered | No rating
FAR (FAR) | FAR signs an offtake with Glencore for 100% of its production | Not covered | No rating
Agrimin (AMN) | GR Engineering (GNG) | Pantoro Ltd (PNR)