SP Angel . Morning view . Copper pulls back on a risk off sentiment

SP Angel . Morning View . Friday 29 11 19

Copper pulls back on a risk off sentiment

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MiFID II exempt information – see disclaimer below 

 

Aura Energy Limited* (AURA LN) – Consistent and high recovery rates observed in metallurgical tests from Häggån Vanadium

Bushveld Minerals* (BMN LN) – Combination of synergies and near-term production growth at Vametco and Vanchem to drive value as Bushveld Energy develops

Edenville Energy* (EDL LN) – Corporate update

 

Tesla – Cybertruck orders rise to 250,000

  • Deposits are just $100. Prices are:
    • Single-motor, rear-wheel drive: $39,900 – max range est. >250 miles
    • Dual-motor, all-wheel drive: $49,900 – max range est. >300 miles
    • Tri-motor, all-wheel drive: $69,900 – max range est. >500 miles
  • The Self-Driving option is and extra $7,000 but there is no guarantee that it will be allowed to drive you back from the pub.

 

Dow Jones Industrials

 

Closed

at

28,164

Nikkei 225

 

-0.49%

at

23,294

HK Hang Seng

 

-2.03%

at

26,346

Shanghai Composite

 

-0.61%

at

2,872

FTSE 350 Mining

 

-0.83%

at

18,393

AIM Basic Resources

 

-0.11%

at

2,062

 

Economics

Japan – Industrial production crashed at the fastest pace since early last year on the back of typhoon related disruptions as well as waning growth outlook both at home and abroad.

  • Factories temporary shutdown factories due to the typhoon while firms also reduced output of big-ticket items following the sales tax hike in October.
  • Weaker output was led by a drop in production of passenger cars and car engines, as well as general purpose and production machinery, the data showed.
  • Industrial Production (%mom/yoy): -4.2/-7.4 v 1.7/1.3 in September and…

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