Rise & Shine: What you need to know before the ASX opens
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On Stockhead today, how ASX small caps can use voice activated tech to their advantage, oil and gas expert Peter Strachan is putting aside the Bloomberg terminal and picking up the microphone for a new segment and this expert likes Aussie tech stocks that can compete on the global stage.
Australia’s August jobs data will attract the most attention this week, together with the minutes of the last Reserve Bank Board meeting, Commsec says.
But there’s a number of important global events happening, including the release of China’s monthly activity data and the US Federal Reserve policy meeting.
Commsec says the US Federal Reserve is expected to reduce interest rates by 25 basis points, but – despite Brexit uncertainty — the Bank of England is unlikely to do the same.
The following companies are in trading halts or suspensions and are expected to exit within the next 48 hours:
Warrego Energy (ASX:WGO) – capital raising
Open DNA (ASX:OPN) – acquisition proposal
Agrimin (ASX:AMN) – capital raising
Candy Club (ASX:CLB) – capital raising
Kalina Power (ASX:KPO) – answer to ASX query
Pacific Energy (ASX:PEA) – proposed control transaction
Gold $US1,488.45 ($2,167.90) -0.68%
Silver $US17.43 -3.70%
Oil (Brent) $US60.22 -0.27%
Oil (WTI) $US54.85 -0.44%
Coal $US70.47 +1.23%
Iron Ore 62% Fe $US94.77 +0.67%
AUD/USD: $US0.6880 +0.01%
Bitcoin: $US10,302.19 -0.47%
On Twitter, it was all about nearology:
Have we missed any?
— Stockhead (@StockheadAU) September 10, 2019
While our Small and Micro cap chat group members discussed advanced explorer Australian Vanadium (ASX:AVL), which enjoyed a +27 per cent bump the previous week on some solid news flow.
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These were the five most-tipped stocks (weekly) on Stocks in Play: