Rise and Shine: What you need to know before the ASX opens
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The key day in economic data this week will be Thursday with August’s job data. Economists are expecting a further slight rise in Australia’s unemployment rate.
Also look out for the House Price Index on Tuesday and the Westpac Leading Index on Wednesday.
The following companies are in trading halts and are expected out in the next two trading days:
Dimerix (ASX:DXB) – phase 2 clinical study results
Saturn Metals (ASX:STN) – capital raising
Stellar Resources (ASX:SRZ) – capital raising
Middle Island Resources (ASX:MDI) – clarification
Kina Securities (ASX:KSL) – capital raising
Holista CollTech (ASX:HCT) – subsidiary and strategic partnership
Jindalee Resources (ASX:JRL) – capital raising
Pursuit Minerals (ASX:PUR) – ASX query response
Pacific American Holdings (ASX:PAK) – capital raising
iCandy Interactive (ASX:ICI) – capital raising
De Grey Mining (ASX:DEG) – capital raising
Blackstone Minerals (ASX:BSX) – capital raising
Gold: $US1,939.55 ($2,663.41) (-0.74%)
Silver: $US26.71 ($36.68) (-0.77%)
Oil (WTI): $US37.33 (+0.08%)
Oil (Brent): $US39.83 (-0.57%)
Coal: $US54.50 (-0.37%)
Iron 62pc Fe: $US127.43 (+0.52%)
AUD/USD: $US0.7258 (-0.34%)
Bitcoin: $US10,327.24 (+0.56%)
Despite diplomatic tensions, Chinese imports of iron ore haven’t slowed down in 2020. Our Twitter followers particularly enjoyed our recap of junior iron ore producers that could benefit.
Market watchers continue to underestimate China's appetite for iron ore, and production from the Aussie majors hasn't really grown in the past five years. That's a golden opportunity for emerging iron ore producers $SRK $MGT $FEX $MGX #ASX #ausbiz #ironore https://t.co/hucamjnZtD
— Stockhead (@StockheadAU) September 10, 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.