Rise and Shine: What you need to know before the ASX opens

On Stockhead today, bitcoin is set for another good year but the number of ASX-listed crypto players is on the downhill slide, Nexion is heading to the ASX because there is a lack of pure cloud-based owner operators and our new weekly wrap of all things driving ASX small cap gold stocks.

But first…

The day ahead

Today will see ANZ-Roy Morgan consumer confidence and Job Advertisements. Despite this being the first Tuesday of the month, the Reserve Bank board is not meeting this month – it will meet again on February 3.

The following companies are in trading halts and are expected to exit in the next 48 hours:

Tuesday:

Kangaroo Island Plantation Timbers (ASX:KPT) – update on current fire situation

Wednesday:

Cann Group (ASX:CAN) – manufacturing update

Markets

Gold: $US1,565.78 ($2,256.42) (+1.10%)

Silver: $US18.13 (+0.72%)

Oil (WTI): $US62.49 (-0.38%)

Oil (Brent): $US68.54 (-0.31%)

Coal: $US69.50 (+0.04%)

Iron 62pc Fe: $US93.41 (+0.83%)

AUD/USD: $US0.6939 (-0.16%)

Bitcoin: $US7,546.61 (+1.54%)

What got you talking yesterday

Our Twitter followers often like talk about who might be a winner but they love actual winners and news which made CannPal Animal Therapeutics (ASX:CP1) the ASX’s best yesterday got the most likes.

CannPal has won exclusive global rights to commercialise a CSIRO micro-encapsulation technology. It believes it could help with inflammation in animals https://t.co/aTfMAG8Vy8 $CP1

— Stockhead (@StockheadAU) January 6, 2020

These were the most tipped stocks (weekly) on Stocks in Play:

Yesterday’s winners

Yesterday’s losers