Key News Overnight:
U.S. stocks advanced as the rally in Treasuries eased and investors looked to China for the latest developments in the standoff over trade. The S&P 500 and Dow Jones both gained 0.4%;
Theresa May is making a desperate push to get her Brexit deal approved in Parliament to avoid a huge delay to Britain’s divorce from the EU, in the face of extremely long odds;
Australian 10-year bond yields have hit a fresh record low of 1.73 per cent, and half a percentage point of interest rate cuts by the Reserve Bank is now fully priced in by the futures market, which sees the cash rate at 1 per cent in August 2020;
President Trump renewed his criticism of OPEC, saying the cartel should increase production as prices are getting “too high.”;
In This Issue:
Iron ore construction capex | Ian Christie
Red 5 Limited (RED) |Bulk mining at King of the Hills | Not covered | No rating
Kin Mining (KIN) |Drilling beneath Mertondale 5 pit | Not covered | No rating
EV: China’s EV Subsidy Reduction for FY19 | Analyst | Helen Lau
Recent Research:
DCN, SBM, Commodity Price, FX & Discount Rate Revision
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