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The ASX200 is set to open slightly lower (-0.08%) today, reflecting a mixed performance on US stocks at the end of last week, as investors considered softer inflation figures and the continuation of global trade tensions.
The S&P 500 was almost flat at the end of Friday’s session, after an intraday fall of nearly 1%, while the Nasdaq dropped 0.4% and the Dow increased by 53 points.
On the ASX, Castile Resources Ltd (ASX:CST) has detected IOCG mineralisation at its Pathfinder 38 target in the Northern Territory, Sarytogan Graphite Ltd (ASX:SGA) has achieved a concentrate of more than 90% TGC (total graphitic carbon) from flotation work done on ore from its namesake project in Kazakhstan, and Perenti Ltd (ASX:PRN) has signed a 5-year contract valued at A$1.1 billion with Endeavour Mining for delivery of underground mining services in Burkina Faso.
To commodities – all in US $ here: Iron ore is $95.80 on the Singapore Exchange, gold’s trading at $3307, Brent crude is $63.86 & natural gas is $3.52 a gigajoule.
One Aussie dollar is buying 64.4 US cents.
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