Australia's largest stock trading and investment forum Australia's #1 stock forum

ARX worth a look HLS same

First 8 Last

Share
Profile

Follow
slips

10,814 Posts.

34

20/06/24

08:50

Post #: 74402155
Share
Originally posted by highlandlad: ↑

Morning traders. Thanks loungers, especially @Ravgnome.

Outlook for the day: Negative following mild falls in most European markets during last night's US public holiday.

ASX futures: down 18 points or 0.23%

Overnight themes:
European stocks retreated during the Juneteenth US market holiday as declines in tech and property stocks outweighed gains in miners.
The pan-European Stoxx 600 dipped 0.17%. Germany's DAX index gave up 0.35%, France's CAC 40 lost 0.77% and Italy's FTSE MIB index 0.29%.
European stocks slumped last week after France's president called a snap election following broad gains for right-wing parties in European elections. Investors have been unsettled by polls showing the populist far-right National Rally party is leading going into the election.
The tech sector declined 1.15% after inflation ticked higher in the euro-zone. Annual headline inflation rose to 2.6% last month from 2.4% in April.
UK stocks overcame early losses as UK inflation figures met expectations and miners outperformed. The FTSE 100 edged up 0.17%. BHP and Rio Tinto both rose in UK trade as copper rebounded and iron ore finished mixed in China and Singapore.
Iron ore eased in daytime Chinese trade as authorities continued to discuss production cuts with steel-makers. Benchmark prices on the Dalian Commodity Exchange dipped 0.36% to US$113.55 a metric ton, reversing early gains. Singapore ore gained 0.5%.
Oil backed off a seven-week high in thin, holiday-affected trade. Brent crude dipped six cents or 0.1% to US$85.33 a barrel.

Key events today:
China loan rate decision - 11.15 am AEST
Rate decisions UK & Switzerland - tonight
US unemployment claims, building permits, housing starts - tonight

Stoxx 600: down 0.17%

S&P 500: closed

Dow: closed

Nasdaq: closed

Dollar: up 0.15% to 66.71 US cents

Iron ore (Dalian): down 0.36% to US$113.55

Brent crude: down 6 US cents or 0.1% to US$85.33

Natural gas (US futures): up 0.1% to US$2.91

Gold: down US$4.30 or 0.18% to US$2,342.60

Silver: up 23 US cents or 0.79% to US$29.76

NYSE Arca Gold Bugs: US markets closed

Bitcoin: up 0.47% to US$64,778

Copper (LME): up 1.17% to US$9,785

Nickel (LME): down 0.14% to US$17,325

Uranium (spot price): up 0.58% to US$87

Lithium carbonate (China spot): down 1.8% to US$13,127

Global X Lithium & Battery Tech ETF (UK): down 0.8%

BHP: up 0.5% (UK)

Rio Tinto: up 0.54% (UK)

Expand

ARX worth a look HLS same
1 Upvote

Reply

Top Stories

RHI

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

KGL

KGL sniffs 19% Cu from drilling at Rockface play in NT

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

Climate change to drive market trends to the moon

TVN

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

There are more pages in this discussion • 24 more messages in this thread...

First 8 Last