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

30/10/2019 – Argonaut Morning Note

    Home Stockbroking & Research Morning Notes 30/10/2019 – Argonaut Morning Note
    NextPrevious

    30/10/2019 – Argonaut Morning Note

    By Jonas Dorling | Morning Notes | 0 comment | 30 October, 2019 | 0

    Key News Overnight:

    U.K. voters will head to the polls Dec. 12 in an early general election that’ll be seen as a proxy referendum on Brexit. It’s likely their last chance to choose between parties offering to cancel the divorce or force a hard exit no matter what.

    U.S. stocks meandered lower in a lacklustre session before a likely Fed rate cut Wednesday. The S&P 500 retreated from a fresh record, while the Nasdaq fell in the wake of disappointing earnings from Alphabet and Akamai.

    Australian inflation may have picked up in the third quarter on increasing demand pressures, but will probably remain below the central bank’s target.

    Oil declined for a second day amid renewed signs of swelling crude inventories in the U.S. Gold fell as traders await the Fed decision, Nickel fluctuated before closing higher.

    The World Bank cut its price forecasts for commodities, saying the global economy is poised to decelerate more than expected, sapping demand for energy, metals and crops. Crude may average $58 in 2020, compared with its April prediction of $65. Copper is expected to average $6,150 a ton next year, down from a prior forecast of $6,680.

    In This Issue:

    RBA commentary on interest rates | Analyst | Ian Christie

    Mincor Resources (MCR) | Standout Nickel hits at Cassini | Not covered | No rating

    Nickel: Prices Softness Despite Indonesia’s Immediate Nickel Ore Export Ban | Analyst | Helen Lau

    Recent Research:

    Matrix (MCE) | Dacian Gold (DCN) | Botanix Pharmaceuticals (BOT) | Gage Roads (GRB)

    Please read Argonaut’s Important Disclaimers & disclosures

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

    No tags.

    Related Posts

    • 20/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: Wall Street closed lower on Friday, marking the end of a tumultuous week dominated by an unfolding crisis in the banking sector and the gathering storm clouds of possible recession. In ThisRead more

    • 17/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: A strong rebound by financials helped Wall Street’s main indexes close firmly positive on Thursday, after some of the country’s largest lenders came to the rescue of embattled First Republic Bank. InRead more

    • 16/03/2023 – Morning note

      By Jonas Dorling | 0 comment

      Key News Overnight: U.S. stocks pared losses late on Wednesday but the Dow and S&P 500 still closed lower, as problems at Credit Suisse revived fears of a banking crisis, eclipsing bets on a smallerRead more

    • 14/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: Sliding bank shares dragged Wall Street down on Monday with investors worried about contagion from the Silicon Valley Bank collapse, but trade was choppy and the Nasdaq composite actually ended higher asRead more

    • 13/03/2023 – Morning Note

      By Jonas Dorling | 0 comment

      Key News Overnight: Wall Street’s indexes ended down more than 1% on Friday after investors ran for the exits as they feared for the health of U.S. banks after the failure of a high-profile lenderRead more

    NextPrevious

    Recent Posts

    • 20/03/2023 – Morning Note
    • 17/03/2023 – Morning Note
    • 16/03/2023 – Morning note
    • Acquisition of Vango Mining by Catalyst Metals marks the first step to controlling a third highly prospective Australian gold belt
    • 15/03/2023 – Morning Note

    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