Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, nickel volatility is still very much a thing but we have some tips on how to make the right pick, innovative wheel maker Carbon Revolution soars 30 per cent on ASX debut and Visioneering is going up against the big boys in a bid to take a share of the $US2 billion kids contact lens market.
It is a busy week in economic data. Today we’ll see CoreLogic monthly house prices, Melbourne Institute’s inflation expectations, ANZ monthly job advertisements and building approvals (both monthly and yearly).
On Tuesday the Reserve Bank will meet for the final time in 2019. Economists expect interest rates to remain unchanged but are anticipating cuts in the next year.
Also this week we’ll see quarterly net exports and the current account balance on Tuesday, quarterly and yearly GDP on Wednesday as well as our trade balance on Thursday.
The following companies are in trading halts or voluntary suspensions and are expected to exit in the next 48 hours:
Noxopharm (ASX:NOX) – DARRT-1 results
Imugene (ASX:IMU) – capital raising
Legend Mining (ASX:LEG) – exploration results
Blackstone Minerals (ASX:BSX) – MOU relating to alliance
NTM Gold (ASX:NTM) – exploration results
Cobalt Blue Holdings (ASX:COB) – independent expert determination of dispute
Mach7 Techologies (ASX:M7T) – capital raising
Dimerix (ASX:DXB) – capital raising
IMF Bentham (ASX:IMF) – response to court ruling
Legacy Iron Ore (ASX:LCY) – capital raising
Zip Co (ASX:Z1P) – capital raising
Triton Minerals (ASX:TON) – completion of subscription agreement
Resource Generation (ASX:RES) – project funding
Murray River Organics (ASX:MRG) – capital management initiatives
Vonex (ASX:VN8) – announcement
Manhattan Corp (ASX:MHC) – acquisition
Gold: $US1,457.31 ($2,150.82) (+0.09%)
Silver: $US16.99 (+0.20%)
Oil (WTI): $US58.09 (-0.25%)
Oil (Brent): $US63.64 (-0.56%)
Coal: $71.55 (-0.65%)
Iron 62pc Fe: $84.42 (+0.08%)
AUD/USD: $0.6771 (+0.01%)
Bitcoin: $US7,518.57 (+0.29%)
Our readers always like hearing experts’ views on what’s hot and last week was no different. We spoke with Simon Popple from Brookville Capital who thinks gold is still very hot.
— Stockhead (@StockheadAU) November 26, 2019
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There were the most tipped stocks (weekly) on Stocks in Play: