Key Overnight News:
U.S. shares retreated as investors sought details of a possible trade deal between the White House and China. The S&P 500 was down the most since Feb. 7 while the Dow Jones dropped 207 points or -0.8%;
The world’s two largest economies are nearing the finish line on a trade deal that could be signed by President Donald Trump and his Chinese counterpart Xi Jinping as early as this month;
Barrick Gold plans to proceed with a formal takeover offer for Newmont Mining, undeterred by Monday’s rejection by the target company’s board who unanimously rejected Barrick’s $17.8 billion unsolicited proposal;
Oil climbed as the U.S. and China were said to be near a settlement of a trade dispute that threatened to erode energy demand in the world’s largest economies. Futures in New York rose 1.4 percent on Monday
Gold futures slid for a sixth straight session, the longest slump since March 2017, as optimism about a U.S.-China trade deal and a firmer dollar helped erode bullion’s haven appeal;
In This Issue:
Paringa Resources (PNL) | Operational Update | BUY | Analyst: Matthew Keane
Gage Roads (GRB) | Interim results | BUY | Analyst: Ian Christie
Strike Energy (STX) | STX announces final pre-drill estimates for West Erregulla
CTI Logistics (CLX) | Interim results | BUY | Analyst: Ian Christie
Swick (SWK) | Interim results | SPEC BUY | Analyst: Ian Christie
Recent Research:
CLX, GRB, ASB, DCG, ANG, SWK, DRM, MMI, ASP, SXE, PCC, XAM, OZL
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