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

On Stockhead today, everything you need to know about how far away a coronavirus vaccine could be, China’s appetite for Aussie products is helping a bunch of small caps escape the pandemic-induced market sell0ff and the oil demand outlook takes a hit on Russia and Saudi Arabia’s defiance.

But first…

The day ahead

Today in economic data the Melbourne Institute will release it’s monthly survey of consumer inflation expectations.

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

Thursday:

Galan Lithium (ASX:GLN) – Hombre Muerto West tenure update
Creso Pharma (ASX:CPH) – change in management at subsidiary

Friday:

Pearl Global (ASX:PG1) – capital raising
Vulcan Energy Resources (ASX:VUL) – clarification of capital structure
Alto Metals (ASX:AME) – exploration results and corporate update
Adavale Resources (ASX:ADD) – capital raising

Markets

Gold: $US1,636.20 ($2,519.75) (-0.98%)

Silver: $US16.75 (-1.26%)

Oil (WTI): $US32.84 (-5.58%)

Oil (Brent): $US35.72 (-5.53%)

Coal: $US65.15 (+0.20%)

Iron 62pc Fe: $US90.15 (+2.36%)

AUD/USD: $US0.6487 (-0.28%)

Bitcoin: $US7,873.84 (-0.77%)

What got you talking yesterday

On Twitter it was all about the Perth Mint. Rising gold prices have meant that the value of stored gold and silver now exceeds $5bn.

As gold prices hit new heights, the value of gold and other precious stored at the Perth Mint is now worth more than $5bn #asx #ausbiz #gold #mining #kin #ksn #aar https://t.co/lavoQJVGvQ

— Stockhead (@StockheadAU) March 11, 2020

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Yesterday’s winners

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