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

On Stockhead today, how lithium stocks reacted to the Pilbara auction, silver bugs say the precious metal’s time is coming, and ARKK invest says Bitcoin is going to US$500k.

But first …

THE DAY AHEAD

Jobs data for August will be released at 11:30am AEST, with the economy expected to take a hit from the Delta variant which will see the unemployment rate rise back towards 5%.

On the IPO front, iron ore play Pearl Gull Iron (ASX:PLG) is scheduled to list today, after raising $4m from investors at 20c.

TRADING HALTS

The following companies are in trading halts and are expected out in the next two trading days:

Thursday

Vulcan (ASX:VUL) – capital raising
A-Cap Energy (ASX:ACB) – capital raising
Jadar Resources (ASX:JDR) – acquisition

Friday

Fe (ASX:FEL) – potential acquisition
Eastern Iron (ASX:EFE) – capital raising
intelliHR (ASX:IHR) – capital raising
Sky Network Television (ASX:SKT) – share consolidation

MARKETS

Gold: $US1,792.50 ($2,443.80) (-0.65%)

Silver: $US23.84 ($32.50) (+0.01%)

Oil (WTI): $US72.59 (+3.05%)

Oil (Brent): $US75.42 (+2.47%)

Coal: $US177.45 (-0.03%)

Iron 62pc Fe: $US124.16 (-3.08%)

AUD/USD: $US0.7329 (+0.16%)

Bitcoin: $US47,985.70 (+2.49%)

WHAT GOT YOU TALKING YESTERDAY?

The  Sprott Physical Uranium Trust (SPUT) has been buying up physical uranium — a key catalyst which has sent ASX uranium stocks into a frenzy.

But veteran investor and Sprott director Rick Rule reckons things have overcooked — here’s what he had to say on uranium stock prices.

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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.

YESTERDAY’S BIGGEST WINNERS

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YESTERDAY’S BIGGEST LOSERS

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