Key News Overnight:
The U.S. has no plans “at this time” to stop Chinese companies from listing on American exchanges, a Treasury official said. The statement was in response to a Bloomberg report that the Trump administration is discussing several ways to limit U.S. investors’ portfolio flows into China.
Hong Kong was engulfed in smoke and violence over the weekend. Police used a water cannon, rubber bullets and tear gas on protesters who set a train station entrance on fire and hurled petrol bombs as they tried to march on the government offices.
The U.K. PM Boris Johnson suggested to the BBC that he wouldn’t resign if Brexit negotiations were extended beyond the Oct. 31 deadline and called himself “cautiously optimistic” on a deal.
Australia’s earnings from mining and energy exports are projected to peak by the middle of next year, though weaker raw materials prices and waning demand have trimmed the forecast high, according to the Department of Industry, Innovation and Science. The department also stated Australia’s gold export earnings are forecast to jump 33% to a record A$25 b in 2019-2020, driven by higher prices and production.
In This Issue:
Andromeda Metals (ADN) | Poochera Halloysite-Kaolin Scoping Study | Not covered | No rating
Hot Chili Ltd (HCH) | High Grade Extension to Cortadera | Not Covered | No rating
China Power/Thermal: Market Reform on the Power Prices | Analyst | Helen Lau
Saracen Mineral Holdings (SAR) | Potash Sector Review | Gold: Forecasting more M&A in the WA Goldfields | Nickel – Near-term headwinds from growing stainless steel inventories