Key News Overnight:
U.S. stocks rose to a record after President Trump said the administration is “ahead of schedule” on part of a trade deal with China. The S&P 500 topped its July high mark to close at 3,039 and the Nasdaq gained 1%.
Boris Johnson failed again in his bid to trigger an early election, with the House of Commons voting down his motion — the third of its kind. The U.K. PM will try again on Tuesday to get Parliament to allow a snap vote.
Speaker Nancy Pelosi said the House will take its first vote to support the Trump impeachment inquiry, a move that aims to nullify Republicans’ main complaint that the process is illegitimate.
Palladium hit a record. Spot prices topped $1,800 an ounce as stricter air-quality rules boost demand for the metal used in vehicle pollution-control devices. Prices have surged more than 40% this year as a shortage persists.
Oil dropped for the first time in a week amid renewed signs of swelling crude inventories in the U.S. Nickel closed down on the LME, after earlier spiking on Indonesia’s ore-export ban. Gold declined as trade-deal optimism curbed demand for the metal as a haven. Silver and platinum were also lower.
In This Issue:
SCEE (SXE) | Reiterates guidance | BUY | Analyst | Ian Christie
Hazer Group (HZR) | HZN secures $800k in funding | SPEC BUY | Analyst | Michael Eidne
Triangle Energy (TEG) | Quarterly Report | SPEC BUY | Analyst | Michael Eidne
Ramelius Resources (RMS) | September Quarter Production | Not covered | No rating
Recent Research:
Botanix Pharmaceuticals (BOT) | Gage Roads (GRB)
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