Key News Overnight:
Stocks halted four days of declines as trade optimism reigned ahead of U.S.-China talks at the Group of 20 conference this weekend in Japan. Treasuries advanced. The S&P 500 headed for its best month since January this year.
The U.S. Supreme Court put on hold the Trump administration’s plan to include a citizenship question on the 2020 census, prompting President Donald Trump to say he’ll explore trying to delay a survey that by law must be conducted next year.
Gold has been on a tear this year, reaching a six-year high earlier in the week, but that run may be coming to an end, according to a technical indicator. Bullion slipped a second day on Thursday and triggered a sell signal on its GTI Global Strength Indicator.
Oil is headed for its biggest monthly gain since January as traders await gatherings that could be decisive for U.S.-China trade and OPEC-led supply curbs. Futures in New York have gained 11% in June after escalating tensions between the U.S. and Iran.
The S&P/ASX 200 index rose 0.4% to close at 6,666.3, climbing the most in a week. Miners lifted the benchmark higher as iron ore prices in China surged. Pact Group Holdings Ltd. was among the top performers.
In This Issue:
Oil Search (OSH) | Alaska Update | Not covered | No rating
Chalmers (CHR) | $60m takeover bid from Qube (QUB) Not covered | No rating
Calima Energy (CE1) | CE1 sells its Namibian Assets | Analyst | Michael Eidne
Strike Energy (STX) | West Erregulla-2 Update | Analyst | Michael Eidne
Salt Lake Potash (SO4) | SO4 Releases the Lake Way Scoping Study with Strong Project Economics | Michael Eidne
Ausdrill (ASL) | Big year | BUY | Analyst | Ian Christie
June Quarter Preview and Commodity Outlook | Analysts | Matthew Keane, Helen Lau & James Wilson
Gold Sector Update & June Quarter | Analysts | James Wilson & Matthew Keane
Botanix (BOT) | CBD studies show anti-inflammatory, immunomodulation & anti-bacterial effects| SPEC BUY | Analyst | Michael Eidne
Please read Argonaut’s Important Disclaimers & disclosures
Log in to the client area below to download the full Morning Not