Key News Overnight: A gauge of global equities surged on Thursday as Wall Street rallied on hopes the Omicron COVID-19 variant will prove mild and will not halt a strongly recovering U.S. economy, while the US dollar edged higher in choppy trading as risk appetite improved. In This Issue: Ramelius Resources (RMS) | Apollo bidRead more
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Key News Overnight: A gauge of global equity markets retreated from early gains on Wednesday as concerns about the first U.S. case of the Omicron variant and sooner-than-expected interest rate hikes next year by the Federal Reserve turned investor sentiment bearish. In This Issue: Tietto Minerals (TIE) | Abujar in the Fast Lane | HOLDRead more
Key News Overnight: Wall Street’s main indexes closed lower on Tuesday after Federal Reserve Chair Jerome Powell signaled that the U.S. central bank would consider speeding up its withdrawal of bond purchases as inflation risks increase, piling pressure onto a market already nervous about the latest COVID-19 variant. In This Issue: Northern Star (NST) |Read more
Key News Overnight: Wall Street stocks closed higher on Monday, regaining some of the ground they lost in Friday’s sell-off, as investors were hopeful that the Omicron coronavirus variant would not lead to lockdowns after reassurance from U.S. President Joe Biden. In This Issue: Exploration expenditure Tietto Minerals (TIE) | AG Core Infill | HOLDRead more
Key News Overnight: COVID-19 has resurfaced as a worry for investors and a potential driver of big market moves after a new variant triggered alarm, long after the threat had receded in Wall Street’s eyes In This Issue: Antipa Minerals (AZY) | Minyari Dome drilling | Not covered / No rating Kingwest Resources (KWR) |Read more
Key News Overnight: With U.S. markets closed for Thanksgiving, focus was trained on Europe where a surge in COVID-19 cases is raising the prospect of lockdowns going into the Christmas shopping season. In This Issue: Good Drinks (GDA) | Strategy on track | BUY | Analyst | Ian Christie Ramelius Resources (RMS) | AGM notesRead more
Key News Overnight: Wall Street ended higher on Wednesday, lifted by gains in Nvidia and other tech stocks, while Gap and Nordstrom shares tumbled following weak quarterly reports. In This Issue: Austal (ASB) | LCS maintenance contract | BUY | Analyst | Ian Christie Bardoc Gold (BDC) | Zoroastrian Extensions | SPEC BUY | RoyceRead more
Key News Overnight: Wall Street shares were mixed on Tuesday and the dollar slipped from a 16-month high as investors positioned for interest rate hikes in 2022 after Federal Reserve Chairman Jerome Powell was nominated for a second term. In This Issue: Silver Lake (SLR) | Harte Gold position | Buy | Analyst | JohnRead more
Key News Overnight: The S&P 500 hit a record high on Monday after President Joe Biden picked Federal Reserve Chair Jerome Powell to lead the central bank for a second term, with Wall Street lenders rallying on the prospect of interest rate hikes in 2022. In This Issue: Northern Star (NST) | Parkeston Power StationRead more
Key News Overnight: The Nasdaq closed above 16,000 points for the first time on Friday, in its second-straight record finish powered by technology stocks, while pandemic jitters sent the Dow to its fourth losing session in the last five. In This Issue: Silver Lake (SLR) | Harte Gold | Buy | Analyst | John Macdonald PeetRead more