It’s been a cracking day in Melbourne.
Raise your hand if you’re enjoying some battery metal gains!
The sector has been booming and it’s been a busy few weeks @PeakHQ with oversubscribed deals in VRC, CDT, LMG, and MLS.
In other news…
Shares of the first U.S. bitcoin-linked exchange-traded fund rose in their trading debut Tuesday.
The ETF rose more than 4% in trading debut on the NYSE, albeit not in quintessential crypto-fashion.
How do you think this impacts the future of Cryptocurrencies?
If you’d like to know more, click here.
The S&P/ASX200 closed 0.5% higher, up 38.8 points to 7413.7 with tech stocks and banks leading the bourse higher.
The Dow Jones rose 0.6% overnight, the S&P 500 gained 0.7% and the Nasdaq Composite added 0.7%. Futures are mixed with the Dow mini up 0.1 per cent, the S&P500 mini flat, at the Nasdaq mini down 0.1%.
The Australian dollar is fetching around 74.77 US cents at 7.15am AEDT and hit a four-month high of US74.86 cents overnight.
Brent crude prices rose by 0.9% to $US85.08 a barrel overnight, a new three-year high. US crude prices are up in Asian trade to $US83.02, a seven-year high.
Mining giant BHP has offered C75 cents per share for Canadian nickel miner Noront Resources, out-bidding Andrew Forrest’s Wyloo Metals offer of C70 cents per share. BHP shares are up 1% in afternoon trade.