Rise and shine: What you need to know before the ASX opens
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On Stockhead today: who’s hunting for the next NWS oil and gas discovery, which directors traded what during the school holidays, Tim Boreman on emerging superbug killer Recce and the most in demand stocks on the ASX right now.
Expect a slow start to the week on the global front, with public holidays in the US (Columbus Day), Canada (Thanksgiving Day) and Japan (Health-Sports Day, a day promoting active lifestyles commemorating the opening of the 1964 Tokyo Olympics) all on Monday.
Reserve Bank of Australia releases its minutes from its latest rate cut meeting on Tuesday, while China, France and New Zealand have plenty of consumer and producer price index data out the same day.
More consumer price index data on Wednesday, this time out of the EU and Italy, alongside the US Federal Reserve’s Beige Book, reporting on the current US economy, released eight times a year.
On Thursday Australian Bureau of Statistics releases the latest employment data.
The following companies are in trading halts or suspensions and are expected to exit within the next 48 hours:
EnviroSuite (ASX:EVS) – capital raise
Cellmid (ASX:CDY) – capital raise
New Standard Energy (ASX:NSE) – response to ASX query
Cyprium Metals (ASX:CYM) – drilling results
Artemis Resources (ASX:ARV) – capital raise
Stavely Minerals (ASX:SVY) – capital raise
Retail Food Group (ASX:RFG) – capital raise
Meteoric Resources (ASX:MEI) – assay results
Clean TeQ Holdings (ASX:CLQ) – project update
Gold: $US1,490.50 (-0.04%)
Silver: $US17.57 (+0.59%)
Oil (WTI): $US54.34 (+1.61%)
Oil (Brent): $US59.94 (+1.42%)
Coal: $US69.17 (-0.36%)
Iron 62pc Fe: $US93.01 (-1.55%)
AUD/USD: $US0.6799 (+0.56%)
Bitcoin: $US8,357.51 (-1.93%)
Here’s 10 of the biggest stories that had you talking last week:
Kick Back: The 10 biggest stories you might have missed on Stockhead this week – Stockhead https://t.co/0e6PEFMGTu
— Stockhead (@StockheadAU) October 11, 2019
Join our small cap Facebook group for a daily recap of our best stories and plenty of small cap discussion.
These were the five most-tipped stocks (weekly) on Stocks in Play:
This was the movement amongst ASX sectors last week:
Consumer discretionary +0.42%
Consumer staples +1.46%