Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, our new expert column “Guy on Rocks”, why iron ore is looking like one of the (very) few hot commodities right now and StockTalk: The beneficiaries of China’s economic bounce-back.
After yesterday’s historically bad results for NAB’s March business survey, Westpac is due to follow up with its monthly gauge of consumer confidence this morning.
There’s also a data deluge out of the US, including March data for retail sales and industrial production, which should provide further context around the impact of the COVID-19 crisis on the US economy.
The following companies are in trading halts and are expected to exit in the next two trading days:
Superior Lake Resources (ASX:SUP) – consolidation
Mandrake Resources (ASX:MAN) – nickel project transition
InvoCare (ASX:IVC) – capital raising
Spirit Telecom (ASX:ST1) – capital raising
BrainChip (ASX:BRN) – capital raising
Cobre (ASX:CBE) – exploration results
Virgin Australia (ASX:VAH) – financial assistance
Panoramic Resources (ASX:PAN) – financial and operational update
Capitol Health (ASX:CAJ) – capital raising
Threat Protect Australia (ASX:TPS) – financing facility
Predictive Discovery (ASX:PDI) – drilling results
Gold: $US1,728.93 ($2,660.31) (+0.68%)
Silver: $US15.77 (+2.45%)
Oil (WTI): $US20.70 (-7.63%)
Oil (Brent): $US30.02 (-5.36%)
Coal: $US59.62 (-2.26%)
Iron 62pc Fe: $US83.84 (+0.59%)
AUD/USD: $US0.6443 (+0.96%)
Bitcoin: $US6,874.77 (+0.60%)
Readers took an interest in our latest look at the copper sector, and why it could be poised to benefit in the wake of the COVID-19 crisis.
Meanwhile, senior journalist Rachel Williamson asked the question everyone wants an answer to: How far are we from a COVID-19 vaccine, really?
These were the most tipped stocks (weekly) on Stocks in Play: