Author - Sequoia Direct

Gold sees fresh monthly lows: ASX set to open lower

24 Sep 2020 - The ASX looks set to drop this morning as the S&P 500, the Dow and the Nasdaq all closed lower. Tesla is suing the US government over the Trump administration’s tariffs on parts Tesla imports from China to manufacture its electric cars. NZ energy company Mercury (ASX:MCY) has revised its FY2021 EBITDAF guidance from $515m to $505m.

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Preliminary retail sales fall 4.2% in August: ASX closed 2.4% higher

23 Sep 2020 - The ASX rose at the open and continued a steady pace higher throughout the trading day to close 2.4% higher. Shares in Flight Centre Travel Group (ASX:FLT) clawed their way higher today – perhaps because of the relaxing of some Queensland border restrictions. Shares in Ramelius Resources (ASX:RMS) closed over 7% lower. The Supreme Court of WA has today made orders approving OZ Minerals (ASX:OZL) to acquire 100% of the shares in Cassini Resources.

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