Key News Overnight:
Boris Johnson was dealt another blow as House of Commons Speaker John Bercow rejected the government’s bid to trigger a second vote on the prime minister’s Brexit deal, saying lawmakers had already voted on it and decided to delay making a final decision. Johnson will now redirect his efforts to fast-tracking the detailed law he needs to pass through Parliament.
Donald Trump said China has indicated that talks over an initial trade deal are advancing, raising expectations he and Xi Jinping could sign a pact at next month’s APEC summit. Commerce Secretary Wilbur Ross said it’s more important to get the details right than to meet that target.
U.S. stocks rose amid positive signs on trade talks. The S&P 500 climbed to a one-month high, surpassing the 3,000 level, led by energy and financial shares. The pound slipped on the Brexit news.
Oil fell for a second session amid concern that a fragile economic outlook will weigh on fuel demand. Copper futures climbed to the highest in more than a month amid protests in Chile, Gold dropped.
In This Issue:
Independence Group (IGO) | Good start to FY20 | SELL (Under Review) | Analyst | Matthew Keane
Saracen Mineral Holdings (SAR) | Strong September Q | BUY | Analyst | Matthew Keane
Gold Road Resources (GOR) | September Quarter Report | BUY | Analyst | James Wilson
Oil Search (OSH) | 30 September 2019 Third Quarter Report | Not covered | No rating
Recent Research:
Botanix Pharmaceuticals (BOT) | St Barbara Ltd (SBM) | Pantoro Ltd (PNR) | Salt Lake Potash (SO4) | Stealth Global (SGI) | New lease accounting implications
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