The ASX200 is set to fall today with futures down 1.10 per cent near 8:30 am AEDT.
The US Fed didn’t raise interest rates overnight, but, did push back against the not-currently-uncommon expectation rate cuts could start in March.
Both the S&P 500 and the NASDAQ fell on the news, despite myriad economists and analysts suggesting expectations for a March cut are too ambitious since last year.
And only one day after a new record high for the ASX. Damn.
Here’s what’s catching eyes pre-trade:
Hazer Group (ASX:HZR) has reportedly made its first hydrogen and graphite using “methane pyrolysis”.
The company reported key results will be made available in future.
Hazer wants to ramp up in 1H CY24 toward continuous production.
Shares last traded at 60 cents.
Little Green Pharma (ASX:LGP) has updated on cash flow.
The company announced it received an R&D rebate.
That rebate is $5 million.
Shares last traded at 12.5 cents.
Meanwhile, Red Metal (ASX:RDM) has updated its Sybella project.
The company is reporting breakthrough leach test results.
Red Metal saw rare earth neodymium extraction rates average 78 per cent.
Shares last traded at 9.6 cents.
ECS Botanics (ASX:ECS) has reported a market update.
The company has secured a UK offtake agreement.
That agreement is worth $9 million.
Shares last traded at 2.4 cents.
And, Great Boulder Resources (ASX:GBR) has offered a drill update.
The company has hit high-grade gold at Saltbush.
An RC rig was used.
Shares last traded at 6 cents.