Rise and Shine: What you need to know before the ASX opens
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Keep an eye out for November jobs data on Thursday, where Westpac expects a rebound in Victoria to drive “solid bounces in employment”.
The federal government is also on deck this morning with its 2020/21 federal budget update.
And the minutes from the RBA’s December meeting will be released tomorrow, along with a separate speech from Jonathan Kearns, the central bank’s head of financial stability.
Looking abroad, key events will be highlighted by the US Federal Reserve’s policy meeting on Wednesday night.
Westpac says there is “clearly a justification for the FOMC to increase accommodation in December. It is much easier to pull back on stimulus than to make up for lost time”.
The following companies are in trading halts and are expected to exit in the next two days:
Asaleo Care (ASX:AHY) – takeover offer
Stemcell United (ASX:SCU) – capital raising
Bod Australia (ASX:BDA) – capital raising
Posedion Nickel (ASX:POS) – capital raising
Musgrave Minerals (ASX:MGV) – capital raising
Medical Developments International (ASX:MVP) – capital raising
Meteoric Resources (ASX:MEI) – capital raising
BCI Minerals (ASX:BCI) – funding update
Althea (ASX:AGH) – capital raising
ADX Energy (ASX:ADX) – capital raising
Australian Dairy Nutritionals (ASX:AHF) – capital raising
Identitii (ASX:ID8) – patent application update
Conico (ASX:CNJ) – capital raising
Gold: $US1,839.36 ($2,435.01) (+0.22%)
Silver: $US23.91 ($31.65) (-0.17%)
Oil (WTI): $US46.53 (-0.53%)
Oil (Brent): $US49.85 (-0.80%)
Coal: $US81.15 (+1.44%)
Iron 62pc Fe: $US152.02 (+0.88%)
AUD/USD: $US0.7554 (+0.28%)
Bitcoin: $US19,154.79 (+1.76%)
Quantum computing, legends of mining, or the IPO deluge — all of last week’s key investment themes are summarised here in the latest edition of Kick Back.
Also, be sure to check in at 10.20am each day for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.