Morning Notes

12/09/2024 - Morning Note

September 12, 2024

Key News Overnight: All three major U.S. stock indexes closed higher on Wednesday with a boost from the technology sector offsetting investor disappointment at an early morning inflation report, which crushed hopes the Federal Reserve would cut interest rates by 50 basis points next week. In this issue: Westgold Resources (WGX ASX/TSX)...

11/09/2024 - Morning Note

September 11, 2024

Key News Overnight: The Federal Reserve will lower interest rates by 25 basis points at each of the U.S. central bank's three remaining policy meetings in 2024, according to a majority of economists in a Reuters poll that found only nine of 101 expected a half-percentage-point cut next week. In this...

10/09/2024 - Morning Note

September 10, 2024

Key News Overnight: Wall Street's three major indexes gained more than 1% on Monday as investors looked for bargains after the previous week's sell-off while they also waited for inflation reports in coming days and the Federal Reserve's next policy decision next week. In this issue: Regis Resources (RRL) - Havana Underground...

09/09/2024 - Morning Note

September 9, 2024

Key News Overnight: Looming interest rate cuts may not immediately spur a rush out of cash-like instruments, as yields on some shorter-dated government bonds could take months to fall below those on longer-term debt, analysts at JPMorgan said. In this issue: First Take - Bellevue Gold (BGL) | Tribune Decline commences | HOLD |...

06/09/2024 - Morning Note

September 6, 2024

Key News Overnight: Looming interest rate cuts may not immediately spur a rush out of cash-like instruments, as yields on some shorter-dated government bonds could take months to fall below those on longer-term debt, analysts at JPMorgan said. In this issue: Gold Miners and Developers | Growth and cash flow drive preferences...

05/09/2024 - Morning Note

September 5, 2024

Key News Overnight: Federal Reserve policymakers are increasingly attentive to the U.S. labor market as they prepare for a policy-setting meeting later this month, when their assessment of job-market health will be key to how big an interest-rate cut they deliver. In this issue: Westgold Resources (WGX ASX/WGX TSX) | First Take...

04/09/2024 - Morning Note

September 4, 2024

Key News Overnight: U.S. construction spending fell more than expected in July as higher mortgages and increased supply weighed on single-family homebuilding. In this issue: Ora Banda Mining (OBM) | Higher grades drive upgrades at Riverina | Downgrade from Buy to HOLD | Analyst | Hayden Bairstow Encounter Resources (ENR) | Research initiation -...

03/09/2024 - Morning Note

September 3, 2024

Key News Overnight: Wall Street stocks rose and the Dow scored a second consecutive all-time closing high on Friday, with Tesla and Amazon climbing after fresh U.S. economic data raised expectations that the Federal Reserve will cut interest rates modestly in September. In this issue: Ramelius Resources (RMS) | Reserves and resources...

02/09/2024 – Morning Note

September 2, 2024

Key News Overnight: The Dow notched a record high close on Thursday in mixed trading following robust U.S. economic data, while artificial intelligence chipmaker Nvidia dropped after its largely in-line forecast failed to impress investors. In this issue: Mining Services | Results review – Solid, and more to come | Ian Christie De Grey Mining...