Key News Overnight:
U.S. equities remained relatively unchanged in light volume as investors prepared for a surge in earnings news.
Theresa May is fighting to keep her job so she can complete the defining task of her premiership and take the U.K. out of the European Union.
China’s largest futures exchange will accelerate the launch of more futures contracts, as the government opens up the nation’s derivatives markets for raw materials.
Oil surged up to 3% to an almost six-month high as traders tried to suss out what the end of waivers on Iranian crude — and an escalation of tensions — will mean for an already tight market.
Copper futures fell to the lowest in more than a week as early data showed slowing exports in Asia, indicating the trade war is hurting global commerce.
Gold rose from the lowest this year as increased tensions between the U.S. and Iran bolstered demand for the metal as a haven.
In This Issue:
Echo Resources (EAR) | Revised Yandal BFS | Not covered | No rating
Hazer Group (HZR) | Hazer Granted First Australian Patent| SPEC BUY | Analyst | Michael Eidne
China Macro: Stronger Than Expected Macro Data | Analyst | Helen Lau
Austin Engineering (ANG) | Earnings downgrade | BUY | Analyst: Ian Christie
Recent Research:
Austin Engineering (ANG), Industrials – Could WA buck the trend? Evolution Mining (EVN), Gage Roads (GRB)
Please read Argonaut’s Important Disclaimers & disclosures
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