Rise and Shine: What you need to know before the ASX opens
Link copied to
On Stockhead today, this tech will tell your boss if you’re COVID-19 positive; these 2 critical minerals projects have attracted big Government funding; and ‘SaaS’ companies were an ASX investor favourite. Has the model held strong through COVID-19?
Australian markets will get the headline data release of the week when June employment numbers come out at 11:30am AEST.
The median forecast is for jobs growth to rebound back into positive territory after May’s 227,000 fall, with the unemployment rate expected to remain above seven per cent.
Elsewhere, China will release Q2 GDP numbers along with industrial production, fixed asset and retail sales numbers while later on the European Central Bank will make its monthly policy announcement.
The following companies are in trading halts and are expected to exit today:
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: $US1,810.25 ($2,596.95) (+0.406%)
Silver: $US19.41 (+0.67%)
Oil (WTI): $US41.00 (+1.79%)
Oil (Brent): $US43.63 (+1.70%)
Coal: $US54.97 (+1.23%)
Iron 62pc Fe: $US107.45 (+0.49%)
AUD/USD: $US0.7007 (+0.46%)
Bitcoin: $US9,217.39 (-0.68%)
Stockhead readers are keeping a close eye on the BNPL sector, with plenty of interest in our sector recap after four listed stocks in the space made company announcements.
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.