ArgonautArgonautArgonautArgonaut
  • About Us
    • Business Model
    • Regulation
    • Community
    • Jason and the Argonauts
    • Disclaimer and Disclosure
    • COVID-19 Visitor Requirements
  • Corporate Finance
  • Stockbroking & Research
    • Stockbroking
    • Research
    • Best Execution Policy
    • Administration Forms
    • Open an Account
  • Special Situations
  • News
    • Latest News
    • Morning Notes
    • Latest Research
  • Contact
    • Careers
      • Advisers
      • Graduate Program
      • Internship Program

24/05/2019 – Argonaut Morning Note

    Home Stockbroking & Research Morning Notes 24/05/2019 – Argonaut Morning Note
    NextPrevious

    24/05/2019 – Argonaut Morning Note

    By Jonas Dorling | Morning Notes | 0 comment | 24 May, 2019 | 0

    Key News Overnight:

    U.S. stocks retreated further on Thursday as investors sought refuge in gold and bonds as the world’s two largest economies hardened their trade-war stances. The S&P 500 Index dropped for a fourth session in five, and the Dow Jones Industrial Average lost 286 points. European and Asian indexes were also down.

    Theresa May is set to announce a timetable for her resignation as U.K. Conservative Party leader and prime minister on Friday after a backlash over her Brexit plans. May plans to quit after President Trumps visit to Britain in early June.

    Oil fell to its worst daily performance of the year as mounting trade tensions between the US & China sent investors fleeing from risky assets. Futures in New York fell almost 6%.

    Gold was lifted by signs that the trade conflict is worsening, boosting its safe haven appeal, while Nickel and Zinc slipped.

    The world’s second-largest lithium producer, Soc. Quimica y Minera de Chile SA (SQM), says the price decline for the mineral used in electric-vehicle batteries isn’t over. Prices, which fell 8% last quarter, and could drop as much as 25% in coming months.

    In This Issue:

    Oil Search (OSH) | Oil receives approval for the Pikka Development Project | Not covered | Michael Eidne

    Metals X (MLX) | Renison Resource Update | Not covered | Matthew Keane

    Iron ore/Steel: More Price Upside for Iron ore | Analyst | Helen Lau

    Recent Research:

    Otto Energy Ltd (OEL)

    Please read Argonaut’s Important Disclaimers & disclosures

    Log in to the client area below to download the full Morning Note PDF

    No tags.

    Related Posts

    • 30/03/2023 Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: U.S. stocks rose on Thursday as technology-related shares extended their recent strong run, while regional U.S. bank shares fell as the Biden administration proposed stronger measures to help reduce risk. In ThisRead more

    • 30/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: U.S. stocks rallied on Wednesday, with all three major indexes ending up at least 1% as upbeat outlooks from Micron Technology and other companies eased some worries about the health of theRead more

    • 29/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: U.S. stocks ended slightly lower on Tuesday as investors weighed comments from a top U.S. regulator on struggling banks and sold shares of technology-related names after their recent strong run. In ThisRead more

    • 28/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: The S&P 500 ended slightly higher on Monday as a deal for Silicon Valley Bank’s assets helped to boost bank shares, while a decline in technology-related stocks limited the day’s gains. InRead more

    • 27/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: U.S. stocks closed higher on Friday, marking the end of a tumultuous week as Federal Reserve officials calmed investor fears over a potential liquidity crisis in the banking sector. In This Issue:Read more

    NextPrevious

    Recent Posts

    • 30/03/2023 Morning Note
    • 30/03/2023 – Morning Note
    • Silver Lake Resources (SLR). Cash or life. Never neither.
    • 29/03/2023 – Morning Note
    • SCEE (SXE) – Balanced

    Archives

    • About Us
      • Business Model
      • Regulation
      • Community
      • Jason and the Argonauts
      • Disclaimer and Disclosure
      • COVID-19 Visitor Requirements
    • Corporate Finance
    • Stockbroking & Research
      • Stockbroking
      • Research
      • Best Execution Policy
      • Administration Forms
      • Open an Account
    • Special Situations
    • News
      • Latest News
      • Morning Notes
      • Latest Research
    • Contact
      • Careers
        • Advisers
        • Graduate Program
        • Internship Program
    Argonaut

    Argonaut | The Natural Choice in Resources.
    © 2022 Argonaut.

    Corporate Finance
    Stockbroking & Research
    Contact Us

    Argonaut | Perth

    Level 30, Allendale Square, 77 St Georges Terrace Perth, WA, 6000 Australia

    clientservices@argonaut.com

    ABN 72 108 330 650

    Argonaut | Login

    Client Area Help
    Register for Access to Client Area
    Privacy Policy
    Financial Services Guide 
    Website Disclaimer

    Copyright 2022 | Website ⚡ by Start Digital