Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Nov 1 (Reuters) - Bank of America Corp is planning to file an application to set up a securities firm in China as part of its strategy to expand into the country's burgeoning financial services market, Bloomberg News reported here on Monday, citing people familiar with the matter.Bank of America is expected to seek regulatory approval early next year, the report added, and is also planning to su...Read More
China's domestic rebar prices dropped on Monday November 1 after the release of a lower steel industry purchasing managers' index.DomesticEastern China (Shanghai): 5,120-5,150 yuan ($799-804) per tonne, down by 100 yuan per tonneThe PMI for the steel industry was 38.3 points in October, down by 6.7 points from September, according to the China Federation of Logistics & Purchasing's Steel Logistic...Read More
(Recasts, adds details, updates prices)Nov 1 (Reuters) - Euro zone bond yields extended their surge on Monday as money markets largely held onto their rate hike bets from the European Central Bank next year.At the ECB's policy meeting last week, president Christine Lagarde disappointed expectations of a firm pushback against the recent pricing of two ECB rate hikes next year that are at odds with...Read More
Import prices for rebar in Singapore increased during the week to Monday November 1 amid limited supply, with only the Middle East offering material which was deemed the lowest by local buyers.Middle Eastern rebar was offered at $760 per tonne cfr on a theoretical weight basis to Singapore in the past week, although there was limited demand."The price is still a little high and there's no point ru...Read More
DUBLIN, Nov 1 (Reuters) - U.S. Treasury Secretary Janet Yellen on Monday said Ireland will remain one of the best places in the world for multinational companies to invest in, even after Dublin gave up its prized 12.5% corporate tax rate as part of a global overhaul.Yellen led the charge towards achieving a global minimum corporate tax rate of 15% - endorsed by the leaders of the world's 20 bigges...Read More
Nov 1 (Reuters) - Canada's main stock index rose on Monday, aided by an over 1% jump in energy stocks on the back of higher crude prices, while upbeat results by Cargojet Inc further lifted prospects of strong corporate earnings.At 9:32 a.m. ET (13:32 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 109.11 points, or 0.52%, at 21,146.18.Reporting by Amal S in Bengaluru; Editing by...Read More
BEIJING, Nov 1 (Reuters) - China's search engine giant Baidu said on Monday that it named Luo Rong, former chief financial officer (CFO) of tutoring firm TAL Education Group, (TAL.N) as its new CFO.Baidu's former CFO Herman Yu was appointed as the company's chief strategy officer, the Beijing-based company said in August.Reporting by Yingzhi Yang and Brenda Goh, Editing by Louise Heavens Discla...Read More
Mining and metals companies say they're serious about transitioning to a sustainable economy, but whether they can afford to is another matter.Achieving decarbonization throughout the supply chain is going to require a huge amount of investment in technology to reimagine production processes and redesign existing sites.Last week, the International Aluminium Institute estimated that to decarbonize...Read More
LONDON, Nov 1 (Reuters) - Britain gave France 48 hours on Monday to back down in a fishing row that threatens to spiral into a wider trade dispute between two of Europe's biggest economies or face tortuous legal action under the Brexit trade deal.Post-Brexit bickering over fish culminated last Wednesday in the French seizure of a British scallop dredger, the Cornelis Gert Jan, in French waters...Read More
After a consultation period, Fastmarkets has liberalized the criteria for deals to be included in the calculations for the steel scrap month-to-date deal weighted average price, cfr Turkey.Previously, Fastmarkets' MB-STE-0894 steel scrap, HMS 1&2 (80:20 mix), month-to-date deal-weighted average, North Europe origin, cfr Turkey only included deals that were classified as confirmed, which means that...Read More
BEIJING/HONG KONG, Nov 1 (Reuters) - China's Ganfeng Lithium Co Ltd (002460.SZ) and its unit GFL International Co Ltd have signed a contract to supply battery-grade lithium products to U.S. electric vehicle (EV) maker Tesla Inc (TSLA.O).Ganfeng, the world's top lithium company by market capitalisation, has already supplied battery-grade lithium to EV producers including Tesla.The new contract w...Read More
George Gammon, Released on 11/1/21George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the a...Read More
McKayla J, Released on 11/1/21Wasn't Don Lemon berating people about not wearing masks and telling his audience how dangerous Florida was ???" Why is he there? pic.twitter.com/bSFxzDZGh2- McKayla J (@McKaylaRoseJ) November 1, 2021 VIDEO: Florida-Bashing COVID Propagandist Don Lemon Caught Maskless In Florida On Vacation added by Herman James on 10/31/2021View all posts by Herman James ?+'Read More
Financial Survival Network, Released on 11/1/21John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a f...Read More
Nov 1 (Reuters) - Goldman Sachs Group Inc (GS.N) said it had been sued for alleged insider trading related to the Archegos meltdown earlier this year, flagging the lawsuits as potential legal risks in a filing on Monday.The lawsuits were filed by shareholders of three companies - Vipshop Holdings Ltd (VIPS.N), GSX Techedu Inc (GOTU.N) and Tencent Music Entertainment Group (TME.N) - and accu...Read More
Wall Street Silver, Released on 11/1/21Our economic crisis is building in many markets. Energy, supply chains, economic growth, Fed policy. What are the tipping points to watch for. David Morgan & Andrew Pollard join us to discuss. David's website - https://www.themorganreport.com/Andrew's website - https://blackrocksilver.com/David Morgan is a world-renown precious metals aficionado. He is the cr...Read More
Arcadia Economics, Released on 10/31/21Andy Schectman, Dave Kranzler, Rob Kientz and Rafi Farber discuss how to bust the COMEX.Live from SilverFest II!Chris Marcus worked 2 years at bond rating agency Moody's, has an MBA from Wharton, and also worked 7 years as an equity options trader for Susquehanna International Group on the American and New York Stock Exchanges, before leaving in 2012 to creat...Read More
Fastmarkets is increasing the frequency of iron ore value-in-use indices from weekly to daily from Monday November 1.Following a consultation during which favorable feedback was received, Fastmarkets is increasing the frequency of iron ore value-in-use indices from weekly to daily. Fastmarkets' iron ore value-in-use indices will be calculated and updated every Monday based on a regression analysis...Read More
Wolfstreet, Released on 10/31/21Mega-policy decisions to boost demand. Now mega-consequences.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as...Read More
Citizen Free Press, Released on 11/1/21Starting today the unvaccinated won't be allowed to board planes, trains, ferries in Canada. Vaccine status will be the ticket to travel.Continue... The Unvaccinated can no longer travel in Canada added by Herman James on 11/01/2021View all posts by Herman James ?+'Read More