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

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On Stockhead today,  The Americas Dream — the gold projects proving irresistible to Australian explorers; Morningstar is backing these 3 small caps for big growth; and can iron ore stay above $US100 per tonne?

But first…

The day ahead

A smattering of second-tier data points during Asian trade will be mere precursors to the marquee ‘data event of the week’ later tonight — US payroll numbers for May.

The median forecast is for the US unemployment rate to climb to 19.5 per cent, while wage growth is expected to be hit by “rising job loss and spare capacity”, Westpac said.

The following companies are in trading halts and are expected to exit tomorrow:

Technology Metals Australia (ASX:TMT) – capital raising
Aruma Resources (ASX:AAJ) – capital raising
IncentiaPay (ASX:INP) – financing arrangements
Suda Pharmaceuticals (ASX:SUD) – capital raising
Wide Open Agriculture (ASX:WOA) – capital raising
HeraMED (ASX:HMD) – capital raising
Helix Resources (ASX:HLX) – capital raising

Markets

Gold: $US1,713.18 ($2,467.65) (+0.89%)

Silver: $US17.70 (+0.20%)

Oil (WTI): $US37.33 (+0.11%)

Oil (Brent): $US39.96 (+0.43%)

Coal: $US56.18 (-1.56%)

Iron 62pc Fe: $US100.40 (-1.57%)

AUD/USD: $US0.6943 (+0.32%)

Bitcoin: $US9,789.62 (+2.06%)

What got you talking yesterday

Over on Twitter, there was plenty of attention on our coverage of new figures from the International Energy Agency data which showed electric car sales could reach a record share of the overall market this year.

EVs could enter the mainstream this year but just who else could benefit from this momentum? #renewables #ElectricVehicles #rareearths #magnets $ARU $HAS $IXR $NTU $PM8 $REE https://t.co/dzzSPJCYru

— Stockhead (@StockheadAU) June 3, 2020

To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.

Also, be sure to check in at 10.20am each morning for our daily ’10 at 10′ column — a live summary of winners and losers at the opening bell.

Yesterday’s winners

Stocks highlighted in yellow made market-moving announcements.

Yesterday’s losers

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