Key News Overnight:
U.S. equities reached a five-month high as investors reacted to a dovish stance by policy makers in the world’s largest economy. The dollar rebounded after a four-day slide, while government bonds stabilised;
European leaders are considering offering Theresa May extra time to avert a disastrous no-deal Brexit next week. Leaders are debating an unconditional delay — postponing the risk of a messy divorce at least for a few weeks;
Brazilian prosecutors are demanding additional safety steps at a large mine owned by Vale SA that has been shut since early last month, possibly complicating the resumption of iron ore production that was halted in the January;
Spot gold fell from a three-week high as the dollar rebounded and U.S. equities extended gains. The S&P 500 Index crossed the 2,850 level amid a broad- based advance on Thursday, while the greenback rebounded from its worst loss since January;
Oil hovered near a four-month high as a rising dollar capped crude’s rally. Futures fell 0.4 percent in New York, after climbing above $60/bbl a barrel on Wednesday for the first time since November;
In This Issue:
St Barbara (SBM) | Gwalia Mass Extraction Feasibility | HOLD | Analyst | James Wilson
Calima Energy (CE1) | Calima-2 Flowing Gas and Light Oil | Not covered | No rating
WBE | $1.95m investment & progress development in Wizard Lake secured | No rating | Not covered
Australian Migration: Where from? Where to? | Analyst | Ian Christie
Recent Research:
Commodity Price, FX & Discount Rate Revision | M. Keane, M. Eidne, J. Wilson & H. Lau
Paringa Resources (PNL) | Debt restructure de-risks ramp-up | BUY | Analyst | Matthew Keane
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