The comments above & below is an edited and abridged synopsis of an article by Jeff ClarkCryptocurrencies and stock prices grabbed most of the investment headlines in 2017. But by the end of 2018, a different asset class will spark investors' attention.There are multiple reasons for that, starting with the fact that no trend or bull market lasts forever. But it's about more than just the prolonged...Read More
The comments above & below is an edited and abridged synopsis of an article by Gold CoreGold has risen to its highest level in four months as the dollar has fallen, just after a report that Chinese officials have encouraged slowing or halting purchases of US Treasuries.The dollar fell against all major currencies, and especially gold, after the report.Spot gold rose 1.2% from session lows of $1,31...Read More
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get t...Read More
Calgary, Alberta (January 11, 2018) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce that it has commenced its exploration program on its recently acquired Manto Negro property in Coahuila, Mexico. The Manto Negro property encompasses 17,959 hectares and spreads over 50 kilometers in length. There are over 35 showings on t...Read More
Palisade Research January 18, 2018 Category: Research Hello Subscriber, While I’m writing you this, gold is on its way to $1,400. . .That makes gold up 8% since this time last month. No wonder many of the largest asset managers in the world are piling into the yellow metal. . .They are positioning themselves for gold’s new bull-market. But more importantly - are you setting yourself up...Read More
CloseGain/LossGold $1329.00-$10.30Silver$17.02-$0.19XAU89.12-1.27%HUI200.07-2.11%GDM672.24-1.54%JSE Gold1313.51-3.20USD90.71+0.28Euro122.11-0.54Yen90.13-0.68Oil$63.97+$0.2410-Year2.572%+0.029T-Bond150.34375-0.46875Dow26115.65+1.25%Nasdaq7298.28+1.03%S&P2802.56+0.94% The Metals: Gold chopped between $1343.90 and $1332.90 in Asia and bounced back to $1338.90 in London before it fell to a new...Read More
- Gold is the "ultimate and only real money" - Former Reagan White House Budget Director David Stockman - Trump tax cuts will lead to a 'fiscal calamity of biblical proportions'- China downgrades U.S. over political 'deficiencies'- Expect a 'huge reset in the bond market' and a 'massive drop in household wealth'- 'People will flee the stock and bond markets in favour of gold and silver- Time...Read More
The current decline in the US dollar is just a part of the long term US dollar decline story. Germany has decided to include the Chinese Yuan in its basket of foreign exchange reserves. Other nations will follow soon. Migrants have made Eurozone's economic fundamentals very strong. Migrants will ensure that the Eurozone continues its strong economic growth over the next few years. Nations will b...Read More
By Wayne ColeSYDNEY, Jan 18 (Reuters) - Australian employment jumped past expectations in December to match the longest run of monthly gains on record, yet unemployment still edged up as more people looked for work, putting a drag on wages and inflation.Thursday's figures from the Australian Bureau of Statistics showed 34,700 net new jobs were added in December, handily beating forecasts for a 9,0...Read More
SEOUL, Jan 18 (Reuters) - South Korea's central bank held its key interest rate steady on Thursday, as expected, as it monitors the effects of its November hike.The following is a chronology of the Bank of Korea's main policy rate changes since it began setting the policy rate target in May 1999:- - - -Nov. 30, 2017Up 25 bp to 1.50 percentJune 9, 2016 Down 25 bp to 1.25 percentJune 11, 2015Down 25...Read More
SEOUL, Jan 18 (Reuters) - South Korea's central bank held its key interest rate steady on Thursday, as expected, as it monitors the effects of its November hike.A Bank of Korea media official did not elaborate on the monetary policy committee's decision to keep the base rate at 1.50 percent. Governor Lee Ju-yeol is due to hold a news conference from 0220 GMT.All 17 analysts in a Reuters poll had f...Read More
* Australia's benchmark index snaps 2 straight sessions of losses* Financial stocks outperform other sectors on Wall Street rally* NZ on track for third straight session of gains Jan 18 (Reuters) - Australian shares inched higher on Thursday, led by financials, encouraged Wall Street's surge to a record close and by Bank of America's confidence that the new U.S. tax system would eventually benefi...Read More
(Adds comment from Apple CEO)By Stephen NellisJan 17 (Reuters) - Apple Inc will open a new campus as part of a five-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.The company has been under increasing pres...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC +0.2 pct, CSI300 -0.2 pct, HSI +0.3 pct* Shanghai->HK daily quota used 25.5 pct* Shenzhen->HK daily quota used 12.2 pct* CNY official close 6.4335 per dollar* FTSE China A50 -0.1 pct, BNY Mellon ADR China Select Index +1.2 pct SHANGHAI, Jan 18 (Reuters) - Following is a list of recent corporate and policy announcements, as well as other news that migh...Read More
Jan 18 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATE COUNTRY AUCTION DETAILS18-Jan Japan 3-month discount bill auction18-Jan Japan Auction of 30-year government bonds18-Jan SwedenAuction of inflation-linked government bonds18-Jan Spain Bond auction18-Jan United KingdomAuction 0 3/4 % Treasury Gilt 202318-Jan Fr...Read More
LONDON, Jan 18 (Reuters) - A key gauge of British house prices unexpectedly picked up last month from its lowest level in more than four years, helped by a less negative tone in London and neighbouring areas.The Royal Institution of Chartered Surveyors (RICS) said on Thursday that its monthly house price index rose to +8 in December from zero in November, which had been its lowest reading since Ma...Read More
Jan 18 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is filed daily. ** Indicates new events -----------------------------------------------------------THURSDAY, JANUARY 18 FRANKFURT - IMF Managing Director Christine Lagarde, ECB board member Benoi...Read More
(Updates prices, adds Mexico markets)SAO PAULO, Jan 17 (Reuters) - Brazil's benchmark Bovespa equities index registered strong gains on Wednesday, breaching the 81,000-point mark for the first time amid strong inflows of foreign capital and industry-related news that lifted some major stocks.In the first nine sessions of 2018, the Bovespa registered 3.584 billion reais ($1.11 billion) in inflows,...Read More
By John McCrankNEW YORK, Jan 17 (Reuters) - The Securities and Exchange Commission on Wednesday approved a proposal from No. 2 U.S. stock exchange operator Cboe Global Markets Inc to compete for end-of-day orders for stocks listed on the New York Stock Exchange and Nasdaq Inc .The approval breaks what has effectively been a duopoly on the stock market close, one of the busiest and most lucrative t...Read More
(Adds Trump response, comments from cities)By Stephen NellisJan 17 (Reuters) - Apple Inc will open a new campus as part of a 5-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.The company has been under incr...Read More