Morning Notes

09/01/2019 - Argonaut Morning Note

Market Update: 

Crude oil made further gains, with Brent up 2.3% to US$58.65/bbl and WTI up 2.6% to US$49.78/bbl  Performances of stock and commodity markets in recent days reflect hope that US/ China are able to resolve the trade dispute 

The World Bank cut forecasts for the global economy and now expects expansion of 2.9% in 2019, down from 3.0% in 2018

Australia’s trade surplus narrowed to A$1.9b in November, with both exports and imports hitting all-time highs

 

In This Issue

WSA, DCN, SO4, RMS, HLX, PNR, China Stimulus/Gold, Energy Survey, OEL, Cyclical Industrials, ANG, ASL, DCG, GNG, PEA, SXE, SRG, SWK, VMX

 

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Argonaut Morning Note