Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, analysts predict copper prices will ride high for rest of 2020, ~300,000 cash-strapped Aussies kicked off FY21 by re-raiding their super nest eggs, and these are the ‘watershed’ reforms ASX cannabis investors should look out for.
Today’s economic data is led by Westpac’s Consumer Confidence Index for the month of July. More eagerly anticipated will be tomorrow’s unemployment rate.
The following companies are in trading halts and are expected to exit in the next two trading days:
Caravel Minerals (ASX:CVV) – capital raising
Saracen Mineral Holdings (ASX:SAR) – operational update
Alto Metals (ASX:AME) – capital raising
Ardiden (ASX:ADV) – capital raising
Lindian Resources (ASX:LIN) – maiden resource
Black Cat Syndicate (ASX:BC8) – capital raising
Aldoro Resources (ASX:ARN) – capital raising
Leaf Resources (ASX:LER) – acquisition
AnteoTech (ASX:ADO) – Life Sciences development
GI Dynamics (ASX:GID) – convertible note conversion
PNX Metals (ASX:PNX) – joint venture agreement
Sabre Resources (ASX:SBR) – capital raising
Scout Security (ASX:SCT) – capital raising
Gold: $US1,809.05 ($2,596.95) (+0.42%)
Silver: $US19.20 (+0.50%)
Oil (WTI): $US40.43 (+0.82%)
Oil (Brent): $US42.99 (+0.63%)
Coal: $US54.30 (+0.59%)
Iron 62pc Fe: $US106.93 (+1.27%)
AUD/USD: $US0.6975 (+0.50%)
Bitcoin: $US9,270.27 (+0.26%)
Yesterday on Twitter, it was our latest edition of RockTalk. In this edition, our panel discussed the West African gold rush.
While the region is often written off as an exploration destination due to security concerns in some countries, gold prices have done wonders for several stocks including West African Resources (ASX:WAF) and Predictive Discovery (ASX:PDI).
— Stockhead (@StockheadAU) July 13, 2020
Also, be sure to check in at 10.20am each morning for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.