(Kitco News) - No resolution is in sight for the trade war with China and relations may even worsen, this according to Steve Hanke, professor of applied economics at Johns Hopkins University. U.S. President Donald Trump has been unwillingly to budge on his trade policies with China, but the Chinese communist regime is unlikely to make compromises either, Hanke told Kitco News. The economics profe...Read More
Jul 12, 2019 Guest(s): Jeff Tomasulo Founder & CEO, Vespula Capital A recession is a natural part of the business cycle, and policy makers should not be artificially propping up the economy, said Jeff Tomasulo, founder and CEO of Vespula Capital. "My view on it, and this has been my view for the last nine years, is that I don't want a market manipulator in there. I don't want the Fed to get as i...Read More
The three-month price of nickel on the London Metal Exchange continued to rise on Friday July 12, being up by 2.6% day-on-day at the close of trading to $13,470 per tonne.Nickel has outperformed the other base metals to finish the week up by 7.9% to its highest recorded level since August 2018. It continues to return toward the year-to-date peak of $13,765 per tonne it set on March 6.Market partic...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average, the S&P 500, and the Nasdaq all closed at record highs Friday as investors continued to expect an interest rate cut from the Federal Reserve. Facebook (FB - Get Report) was the target of criticism from President Donald Trump, who, along with a growing list of regulators and lawmakers, is...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
The three-month prices of base metals traded on the London Metal Exchange universally rose during the morning session on Friday July 12, buoyed by a slew of positive economic data released from China. China's trade balance, which tracks the monetary differential between a country's net imports and exports over a period of time, increased a significant 23% year on year to 345 billion yuan ($19.65 b...Read More
Adam HamiltonArchivesJul 12, 2019 Gold surged dramatically in recent weeks, powering higher to a decisive bull-market breakout. Gold's first major secular highs in years have really improved sentiment, with bullishness mounting. But gold-futures buying fuel is largely exhausted, after the colossal amount expended to catapult gold back over $1400. That leaves this metal at high risk of suffering a...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Emmerson shares were trading at 3.84p early today, up more than 42% since the start of 2019 but off the recent high of 6.2p reached in May.The company's CEO Hayden Locke said the oversubscribed new share issue showed good investor support for Khemisset."These funds enable us to continue our strategy of rapidly advancing the project and our discussions with various potential strategic partners, wit...Read More
* GRAPHIC-2019 asset returns: (Updates with closing prices)By Eric OnstadLONDON, July 12 (Reuters) - Nickel prices touched theirhighest in four months on Friday on worries that major producerIndonesia will resume an export ban on ore in 2022.Indonesia relaxed the ban in 2017, but said at the time thatit would last only five years and that exports would berestricted again in 2022. Analyst Colin Ham...Read More
Chinese silico-manganese producers withdrew from the portside spot market this week, citing sufficient stocks having increased their procurement volumes ahead of the release of the July tender price by Hebei Steel, forcing some ore traders to lower their offers. Fastmarkets' manganese ore port index, base 37% Mn, range 35-39%, fot Tianjin China, dropped by 0.30 yuan week on week to 48.30 yuan ($7....Read More
An overview of the battery raw materials markets and their latest price moves.Read More
The Friday Market Minute Global stocks edge higher, while the U.S. dollar retreats, as investors extend bets on a July Fed rate cut following two days of testimony to Congressional lawmakers from Chairman Jerome Powell.Asia markets cautious ahead of China trade data and a Tweet from President Donald Trump questioning the pace of agricultural purchases by Beijing.European stocks gain, but a surpr...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 306,10561,34262,529163,955442,371532,589566,242 Change from Prior Reporting Period -6,5977,586-9,1043,673-4,733-12,028-6,251 Traders 21375775964308187 Small Speculators LongShortOpen Interest 66,38832,735598,977 5,056-721-6,972 non reportable positionsCha...Read More
Gold surged dramatically in recent weeks, powering higher to a decisive bull-market breakout. Gold's first major secular highs in years have really improved sentiment, with bullishness mounting. But gold-futures buying fuel is largely exhausted, after the colossal amount expended to catapult gold back over $1400. That leaves this metal at high risk of suffering a major selloff, a healthy c...Read More
Dr. Marc Faber & Chris Waltzek Ph.D. - July 9th, 2019.*Thanks for supporting the show!Mp3 format. SummaryFrom his Thailand office, Dr. Marc Faber, a globally renowned economist and editor of the GloomBoomDoom report, returns with his outlook. According to Dr. Faber, the global economy is on the cusp of a recession. Investors are advised to batten down the hatches. A global / domestic economic...Read More
Gold has been strong since last September. If this is the second leg of the bull market begun in 2016, it could hold enormous opportunity for traders. Here's how to play it with call options.Video update:Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Demand for coal from US utilities will have eroded significantly by 2030, driving the ongoing contraction in the coal industry and increasing utility reliance on exports, the agency said.Read More
An overview of the minor metals markets and the reasons for any price moves.Read More