Rise & Shine: What you need to know before the ASX opens
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On Stockhead today – nickel companies are taking calls direct as supply shortfall looms, the most in-demand stocks on the ASX right now and the battery metals play tipped to rise over 300pc in 12 months.
But first, here’s what you need to know.
Monday: Chinese yearly foreign investment figures, RBA speech
Tuesday: NAB business figures, US consumer price data
Wednesday: Westpac consumer confidence for August, wage price index data, RBA speech
Thursday: Inflation expectations, employment data, US retail and business data
Friday: Euro trade balance data
We will keep you updated on a day-to-date basis, but for a rundown of companies due to release earnings figures this week, view this handy calendar. Today, expect news to be dominated by JB HiFi (ASX:JBH).
Due out today:
Red Mountain Mining (ASX:RMX) – project acquisition
Due out tomorrow:
Meteoric Resources (ASX:MEI) – capital raise
Metalsearch (ASX:MSE) – potential acquisition
First Au (ASX:FAU) – capital raise
Australian Pacific Coal (ASX:AQC) – Planning commission panel decision on mining consent
Gold: $US1,496.84 ($2,205.29) -0.21%
Silver: $US16.94 +0.24%
Oil (Brent): $US58.53 +2.00%
Oil (WTI): $US54.50 +3.73%
Coal: $US72.10 -0.89%
Iron ore 62pc fe: $US93.61 -3.86%
AUD/USD: $US0.6786USD -0.24%
These were the five most discussed stocks among ASX investors on Friday August 9:
$JAT – Jatenergy
$GXY – Galaxy Resources
$RFF – Rural Funds Group
$ADN – Andromeda Metals
$AMP – AMP
We have a Small Cap Facebook group where you can discuss market moving events such as these. If you wish to join you can apply here.
There you have it – all you need to know.