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

On Stockhead today, $350K Bitcoin ‘by December’, nine copper juniors to watch as red gold rises, and all about CBA’s BNPL move.

But first…

The week ahead

It’s a quieter schedule on the domestic front, with no headline data or events on this week’s Australian calendar.

On global markets, US Fed chair Jerome Powell will be back on the forefront with three straight speeches to start the week, including an appearance in D.C. where he will testify before Congress on Tuesday and Wednesday night (Australian time).

Data-wise, the main event is likely to be the US personal consumption & expenditure (PCE) index for February on Friday night, which includes core PCE inflation — the preferred inflation measure of the US Fed.

TRADING HALTS

The following companies are in trading halts and are expected to exit over the next two trading days:

Monday 

Galan Lithium (ASX:GLN) – laboratory test results
HGL (ASX:HNG) – capital raising
Pure Hydrogen (ASX:PH2) – capital raising
Great Northern Minerals (ASX:GNM) – capital raising
Manhattan Corporation (ASX:MHC) – capital raising
Queensland Pacific Metals (ASX:QPM) – capital raising
Euro Manganese (ASX:EMN)  – capital raising

Tuesday 

Respiri (ASX:RSH) – FDA application outcome
Energy World Corporation (ASX:EWC) – capital raising

MARKETS

Gold: $US1,745.07 ($2,262.04) (+0.50%)

Silver: $US26.19 ($33.95) (+0.54%)

Oil (WTI): $US61.42 (+2.37%)

Oil (Brent): $US64.43 (+1.82%)

Coal: $US91.00 (+3.88%)

Iron 62pc Fe: $US168.00 (-0.12%)

AUD/USD: $US0.7713 (-0.37%)

Bitcoin: $US58,020.73 (-1.72%)

What got you talking last week

The Stockhead team covered off on a big week in central banking, a bit of housing, the 2021 IPO rush, nickel, hydrogen and what happens when the JobKeeper tap turns off.

In other words — the usual extensive analysis of all the key themes in stock market investing. Get the best weekly wrap in the business here with Kick Back.

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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.

Last week’s winners

Stocks highlighted in yellow made market moving announcements

Last week’s losers