How was your weekend?
Some quality R&R ahead of another big week at Peak HQ
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: US$1,823.38 (+0.13%)
Silver: US$21.14 (+0.89%)
Nickel (3mth): US$18,723/t (-0.03%)
Copper (3mth): US$7,949.50/t (-0.71%)
Oil (WTI): US$82.89 (-1.58%)
Oil (Brent): US$84.48 (-1.55%)
Iron 62pc Fe: US$119.50/t (+0.04%)
AUD/USD: 0.6341 (+0.25%)
Bitcoin: US$27,670 (+0.49%)
Across markets
Futures markets showed Australian shares were poised to rise 0.8 per cent, or 58 points, to 7037 at the start of trade on Monday, following Wall Street higher as investors shrug off better-than-expected US jobs figures and look through short-term financial uncertainty over the war.
JPMorgan economist Ben Jarman said the possibility that tensions could flare added to “a basket of geopolitical risks” and would raise the floor on where oil prices could settle in the near term, particularly as OPEC tried to push prices closer to $US100 a barrel.
“If you overlay more unforecasted, unexpected geopolitical tension, that is going to be supportive for oil prices,” Mr Jarman said. Before the attacks, oil prices had pulled back from a recent high of about $US92 a barrel.
Markets have recently been reacting to shifting expectations that global interest rates will stay higher for longer.
Bond yields have soared and the US dollar has gained ground while equities have suffered. Some investors say the Israeli conflict could prompt a flow into safer assets, boosting the demand for the greenback and treasuries.
Source:AFR
- Macquarie’s $59b number-crunchers embrace AI to beat the market
Jonathan Shapiro
Not many fund managers can claim to have led Australia to a World Cup soccer final. But Benjamin Leung almost went all the way in Japan 2002 when the Socceroos were defeated in the Robot World Cup.
Leung’s role was to program the machines to see the ball for the robotics team entered by the software engineering students from the University of NSW.
Now co-head of Macquarie’s systematic equities team, Leung says he is applying those software engineering skills to financial markets.
“Using technology to work out the world and make better decisions is my life’s passion,” the fund manager tells The Australian Financial Review.
He completed his university thesis on artificial intelligence in the mid-2000s, which back then was in its relative infancy. Now AI is not only driving sharemarket returns but also changing the way he and other fund managers pick stocks.
Source:AFR
Company: Alderan Resources (ASX:AL8)
Sector: Lithium
Deal Type: Placement
Raise Amount: $1.75M
Latest Entry Price: $0.006 with a 1:2 AL8OA
Today’s Price Change: $0.014 Unchanged
Company: Terra Uranium (ASX:T92)
Sector: Uranium
Deal Type: IPO
Raise Amount: $7.5M
Latest Entry Price: $0.20
Today’s Price Change: $0.15 Unchanged
Company: Patagonia Lithium (ASX:PL3)
Sector: Lithium
Deal Type: IPO
Raise Amount: $8.6M
Latest Entry Price: $0.20
Today’s Price Change: $0.115 Unchanged
Company: Gold Mountain Limited (ASX:GMN)
Sector: Lithium
Deal Type: Placement
Raise Amount: $2.25M
Latest Entry Price: $0.0075
Today’s Price Change: $0.006 Unchanged
Company: Unith Ltd. (ASX:UNT)
Sector: AI/ChatGPT
Deal Type: Placement
Raise Amount: $4.5M
Latest Entry Price: $0.033 with a 1:1 UNTO
Today’s Price Change: $0.024 -4.00%
Company: Volt Resources Ltd. (ASX:VRC)
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.011
Today’s Price Change: $0.008 -5.88%
Company: Castle Minerals Ltd. (ASX:CDT)
Sector: Battery Metals/Base Metals
Deal Type: Placement
Raise Amount: $1.52M
Latest Entry Price: $0.02 with a 2:3 CDTOA
Today’s Price Change: $0.009 -10.00%
Company: Avenira Ltd. (ASX:AEV)
Sector: Phosphate
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.01 with a 1:2 AEVO
Today’s Price Change: $0.011 Unchanged
Company: Latrobe Magnesium Ltd. (ASX:LMG)
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M & $11.5M
Latest Entry Price: $0.10 with a 1:4 LMGO
Today’s Price Change: $0.043 +2.38%
Company: Askari Metals Ltd (ASX:AS2)
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7M
Latest Entry Price: $0.35 with a 1:3 AS2O
Today’s Price Change: $0.185 Unchanged
Company: Tymlez Ltd (ASX:TYM)
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.004 with a 1:1 option
Today’s Price Change: $0.003 Unchanged
Company: iCandy (ASX:ICI)
Sector: Gaming & Digital Advertising
Deal Type: Placement
Raise Amount: $1.25M
Latest Entry Price: $0.02 with a 1:1 ICIOB
Today’s Price Change: $0.035 -5.41%
Company: Fatfish Group (ASX:FFG)
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.01 -16.67%
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $0.59 Unchanged
Company: ReNu Energy Limited (ASX:RNE)
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.06 with a 1:1 RNEO
Today’s Price Change: $0.029 +3.57%
Company: Carly Holdings Ltd (ASX:CL8)
Sector: AI and Car subscription
Deal Type: Placement
Raise Amount: $1.25M
Latest Entry Price: $0.025 with a 1:2 CL8O
Today’s Price Change: $0.017 Unchanged
Company: Avecho Biotechnology (ASX:AVE)
Sector: CBD
Deal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.006 with a 3:2 AVEOA
Today’s Price Change: $0.004 Unchanged
Company: ECS Botanics Holdings Ltd (ASX:ECS)
Sector: Medicinal Cannabis
Deal Type: Placement
Raise Amount: $6.6M
Latest Entry Price: $0.033 with 1:2 ECSO
Today’s Price Change: $0.0235 -2.08%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460
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