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

On Stockhead today, the dynamic duo behind the new Kaiser Reef gold float are on the hunt for the next Cadia mine, three stock picks that will likely profit from the gold bull run and the WA government hits the gas with $1.7m hydrogen investment.

But first…

The day ahead

Today the Australian Bureau of Statistics will release trade data. While Australia has historically recorded a trade deficit, the country hit a record surplus last month.

Also look out for Westpac & Melbourne Institute consumer confidence.

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

Thursday:

Anson Resources (ASX:ASN) – capital raising

Friday:

Elsight (ASX:ELS) – capital raising

Argosy Minerals (ASX:AGY) – receipt of approval for processing plant

Markets

Gold: $US1,558.98 ($2,269.98) (-0.90%)

Silver: $US18.15 (-2.51%)

Oil (WTI): $US60.25 (-3.86%)

Oil (Brent): $US66.05 (-3.21%)

Coal: $US69.23 (-0.32%)

Iron 62pc Fe: $US93.73 (-0.13%)

AUD/USD: $US0.6869 (-0.01%)

Bitcoin: $US8,032.78 (-1.96%)

What got you talking yesterday

Our monthly recap of the best resources small caps is always popular and the recap of December was no exception.

Who ended the year with a bang? $GIB $LEG $MRQ $EHX $LIT … and a lot of gold explorers #ASX #ausbiz https://t.co/y3kWlN45qZ

— Stockhead (@StockheadAU) January 7, 2020

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

Yesterday’s winners

Yesterday’s losers