Gold miners headed for the altar?
Barrick Gold is reportedly planning a $19.0 billion hostile takeover of Newmont Mining. The plan is for a two-part deal involving Australia’s Newcrest Mining, which would end up with Newmont’s Australian assets.
Senior Editor, Saxo Bank
Summary: Indications that the UK Labour opposition may weigh in behind an attempt to delay Brexit has seen sterling ramp higher. Elsewhere, the Aussie dollar is down after jobs data and gold looks to be pausing its winning streak.