Morning Notes

13/12/2024 - Morning Note

December 13, 2024

Key News Overnight: Wall Street pulled back on Thursday as investors evaluated key economic indicators ahead of the Federal Reserve's meeting next week. A Thursday Labor Department report showed U.S. producer prices rose more than forecast in November, though a moderation in service costs pointed to a continuation of the broader...

12/12/2024 - Morning Note

December 12, 2024

Key News Overnight: Wall Street's benchmark S&P 500 index rose on Wednesday and a rally in tech stocks lifted the Nasdaq above the 20,000-point milestone for the first time, after a U.S. inflation report boosted expectations of a Federal Reserve interest rate cut. The Dow Jones Industrial Average dipped, dragged...

11/12/2024 - Morning Note

December 10, 2024

Key News Overnight: Wall Street's main indexes closed lower on Tuesday as investors anxiously awaited key inflation reports that could influence the Federal Reserve's interest rate decision next week. Among the S&P 500's 11 major industry sectors, communication services (.SPLRCL), was the biggest boost with help from a rally in shares of Google-parent...

10/12/2024 - Morning Note

December 10, 2024

Key News Overnight: Citigroup, previously the only Wall Street brokerage forecasting a 50 basis point rate cut by the U.S. Federal Reserve, has now aligned with its peers in expecting a quarter point reduction at the central bank's December policy meeting. In this issue: China Politburo suggests more proactive fiscal and moderately...

9/12/2024 - Morning Note

December 8, 2024

Key News Overnight: An inflation report in the coming week will test the strength of the record-setting U.S. stocks rally and provide a crucial piece of data that could factor into the Federal Reserve's plans for rate cuts. In this issue: Sovereign Metals (SVM) | December 2024 update | SPEC BUY | Analyst...

6/12/2024 - Morning Note

December 5, 2024

Key News Overnight: U.S. stocks ended lower on Thursday, with UnitedHealth down sharply and technology shares easing as investors awaited Friday's jobs report. The S&P 500 technology index (.SPLRCT),  fell 0.2% after hitting a record closing high on Wednesday, when all three major U.S. stock indexes also notched closing highs. In this issue: NexGen...

5/12/2024 - Morning Note

December 5, 2024

Key News Overnight: All three major U.S. stock indexes scored record closing highs on Wednesday as technology shares rallied after upbeat results from Salesforce and as comments by Federal Reserve Chair Jerome Powell gave a late boost to the market. In this issue: Westgold Resources (WGX ASX/TSX) | Bluebird-South Junction reserves double |...

4/12/2024 - Morning Note

December 3, 2024

Key News Overnight: U.S. central bankers on Tuesday said they continue to believe inflation is heading down to their 2% target and signaled support for further interest rate cuts ahead, but none pushed strongly for or against doing so when they next meet to set rates in two weeks. In this...

3/12/2024 - Morning Note

December 2, 2024

Key News Overnight: The Nasdaq and S&P 500 scored record closing highs on Monday, boosted by tech-related shares following the market's strong November gains, as investors awaited this week's economic data including the key monthly jobs report on Friday. In this issue: Northern Star Resources (NST) | Hemi to drive production beyond 2.5mozpa...