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

On Stockhead today, we delve into the actual economic cost of the Australian bushfires, what the phase one US-China trade deal means for investors and its back to work for Anglo Australian after a corporate kerfuffle is settled.

But first…

The day ahead

There isn’t any major economic data today. But tommorrow keep your eye out for monthly home and investor loan values as well as the Reserve Bank’s foreign exchange transactions.

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

Wednesday:

Aura Energy (ASX:AEE) – capital raising
Nova Minerals (ASX:NVA) – capital raising
Indiana Resources (ASX:IDA) – corporate update
Force Commodities (ASX:4CE) – organisational change
Tamaska Oil and Gas (ASX:TMK) – capital raising
Kalamazoo Resources (ASX:KZR) – capital raising
Altura Mining (ASX:AJM) – refinancing transaction

Thursday:

Wisr (ASX:WZR) – capital raising

Markets

Gold: $US1,545.99 ($2,239.59) (-0.02%)

Silver: $US17.81 (-0.85%)

Oil (WTI): $US58.46 (+0.31%)

Oil (Brent): $US64.57 (+0.62%)

Coal: $US72.88 (-3.25%)

Iron 62pc Fe: $US94.03 (+0.5%)

AUD/USD: $US0.6904 (-0.04%)

Bitcoin: $US8,689.07 (+6.87%)

What got you talking yesterday

This week gold’s been the major talking point. Our readers are liking our new weekly recap of ASX gold small caps. On Twitter, our followers were particularly interested in big hits by one particular gold explorer – Saturn Metals (ASX:STN).

New drilling results from Saturn’s flagship Apollo Hill project include a intersection of 12m at 9.98g/t gold. 🚀 https://t.co/nkCk822gCr #ad #ASX $STN

— Stockhead (@StockheadAU) January 14, 2020

In our Facebook Small and Micro cap chat group we have welcomed several new members this week. If you’re not already a member we’d love to have you join – click here to sign up.

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

Yesterday’s winners

Yesterday’s losers

At Stockhead we tell it like it is. While Saturn Metals is a Stockhead advertiser, it did not sponsor this article.