Ashanti Mailing List

Join our distribution list for direct access to exclusive corporate opportunities

* Indicates a required field
Please enable images to view this content
07 January 2020 08:58 AM
Overseas Market ReportCurrent
PreviousChangeDaily %
Monthly %
Dow Jones Industrial Average28,70328,63569.000.242.46
S&P 5003,2463,23511.000.353.19
FTSE 100 Index7,5757,622-47.00-0.624.64
DAX 3013,12713,219-92.00-0.70-0.30
CAC 40 Index6,0146,044-31.00-0.512.41
Nikkei 225 (Japan)23,41823,205213.000.920.27
SSE Composite Index3,0833,0840.00-0.015.89
S&P/TSX Composite Index17,10517,06639.000.230.64
NZ 5011,60911,627-18.00-0.162.95
US Volatility (Vix)14
Overseas Market Report

US sharemarkets lifted from lows on Monday as investors digested tensions between the US and both Iran and Iraq. Oil stocks rose in response to high crude prices. Shares in Google parent, Alphabet, rose by 2.7% on a broker upgrade. At the close of trade the Dow Jones index was higher by 69 points or 0.2% after earlier being down 216 points. The S&P500 index rose by 0.4% and the Nasdaq index lifted 51 points or 0.6%. 

Global oil prices rose modestly on Monday in response to tensions between the US and both Iran and Iraq. Iraq called on foreign troops to leave the country but US President Trump threatened sanctions if US troops were forced to leave. Data also showed that OPEC oil output fell in December as Iraq and Nigeria tightened compliance with quotas. The Brent crude price rose by US31 cents or 0.5% to US$68.91 a barrel. And the US Nymex price rose by US22 cents or 0.3% to US$63.27 a barrel. 

Base metal prices were higher by up to 0.6% on the London Metal Exchange on Monday with zinc and nickel leading the modest gains. 

The gold futures price rose by US$17.00 or 1.1% to US$1,566.20 an ounce. Spot gold was trading near US$1,563 an ounce in late US trade on Monday. Iron ore rose by US10 cents or 0.1% to US$94.00 a tonne

PreviousChangeDaily %
Monthly %
Oil Brent68.9168.600.310.457.02
Oil - West Texas crude63.0163.27-0.26-0.416.44
Gold Spot $/OZ1,564.001,566.00-1.50-0.097.13
Silver Spot $/OZ18.1018.200.00-0.129.37
Iron Ore87.7087.300.400.474.69
Thermal Coal Newcastle67.2067.50-0.30-0.371.28
APAC Hard Coking Coal FOB145.00141.803.252.29-0.34
Aluminium ($US/t)1,8001,7928.000.421.57
Copper Mar-18 ($US/lb)2.792.790.100.042.95
Lead ($US/t)1,9031,9030.000.001.49
Nickel ($US/t)13,74813,68365.000.472.42
Zinc ($US/t)2,3342,32114.000.594.10
Tin ($US/t)16,85416,80153.000.32-1.50
Uranium ($US/lb)25.0025.000.00-0.20-4.25
Australian Market ReportCurrent
PreviousChangeDaily %
Monthly %
ASX All Ords6,9216,85763.000.921.58
S&P/ASX 2006,8026,73667.000.991.42
ASX 24 Futures6,744
Australian Market Report

Monday 6 January 2020 - close. The ASX has bounced back from its early losses to close slightly higher, powered by strong gains by goldminers and oil producers as both commodities moved higher amid tension in the Middle East. The benchmark S&P/ASX200 index fell 61.8 points in the first 11 minutes of trading on Monday, but moved steadily higher for most of the rest of the day to close up 2.2 points, or 0.03 per cent, at 6,735.7.

Ashanti Headlines



Los Angeles, CA, Fort Lauderdale, FL, and Denver, CO - Jan. 6, 2020 - Quantum Air and OSM Aviation Group announced that Quantum has chosen OSM Aviation Academy as a preferred pilot training partner pursuant to a comprehensive agreement. A Quantum-branded pilot training program will be established at OSM Aviation Academy and the agreement includes a commitment by OSM to refer a steady supply of pilots trained to FAA commercial standards. Quantum Air has committed to providing tuition reimbursement for select OSM cadets.

OSM Aviation and Quantum have both placed large orders for the eFlyer all-electric aircraft from Bye Aerospace in Denver, Colorado. In total 160 zero-emission aircraft with significantly lower noise pollution and enhanced altitude performance will be delivered to the two companies starting at the end of 2021.

For student cadets in OSM’s Quantum-branded training program, OSM will use eFlyer aircraft. “Quantum’s partnership with OSM means that Quantum pilots will fly commercially in essentially the same aircraft in which they trained,” said Tony Thompson, founder and CEO of Quantum. “Quantum commercial pilots will be intimately familiar with their aircraft, setting a new standard for safety.”

“Air travel is instrumental in bringing people together both regionally and internationally. Since humans will always have the urge to explore this world, we need to find sustainable solutions to meet that need.” Said Espen Høiby, CEO of OSM Aviation Group. “Therefore, OSM Aviation is excited to join forces with Quantum Air to shape a greener and safer aviation industry in the years to come.”

“I expect to receive pilots from OSM who will already know Quantum’s aircraft systems inside and out,” added Scott Akina, Quantum’s Vice President and Chief Pilot. “And this will be no small part of the reason why Quantum will run the safest operation in the airline industry.”

George Bye, CEO of Bye Aerospace, said he is impressed with the collaborative partnership between OSM and Quantum. “Electric aviation, including our eFlyer family of electric aircraft, is the springboard for a movement that we believe will breathe new life into the aviation industry,” he said. “That includes implementing creative ways to improve effective, economic access to pilot training. The OSM-Quantum model, which focuses foremost on new professional pilot training safety, aligns perfectly with Bye Aerospace’s principles.”

Quantum Air is set to become the world’s first all-electric airline, disrupting the regional air travel sector with an environmentally friendly and lucrative alternative for travelers.

OSM Aviation and Quantum Air have both placed large individual orders of the eFlyer all-electric aircraft from Bye Aerospace in Denver, Colorado. In total 160 zero-emission aircraft with significantly lower noise pollution and enhanced altitude performance will be delivered to the two companies starting by the end of 2021.

About OSM Aviation: OSM Aviation is an innovative and global specialist in the employment, training and administration of aircrew, technicians and ground staff. The company currently employs 6000 pilots and crew members across the globe, serving its vast portfolio of international client airlines. (

About OSM Aviation Academy: OSM Aviation Academy has trained and educated pilots since 1963 and is shaping the future of aviation by providing excellent education for the next generation of pilots. The academy has training locations in Norway, Sweden and the United States of America.

 About Quantum Air: Quantum Air will fundamentally reshape the economics of regional aviation by launching an urban air mobility revolution. Their mission is to change the way people travel through cutting-edge aeronautics, made available to the general public in a cleaner, safer and more exhilarating way than ever before. (

Have a question?

ERA Communications