A free tool can help traders bank big during the upcoming earnings season.Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to position...Read More
Central banks bought the largest amount of gold in 2018 since 1967.The Fed has turned more dovish recently.While the global economy is slowing, the U.S. economy remains relatively strong, but there are causes for concern.The managed money positioning has come off the most extreme levels but has yet to fully reverse.Overview I have written several articles on the economy and the Fed recently, but I...Read More
(Updates prices) * Gold stuck in range of $1,300 to $1,325/oz - analyst * SPDR gold holdings slip 0.8 percent on FridayBy K. Sathya NarayananFeb 4 (Reuters) - Gold prices slipped to their lowest innearly a week on Monday as the dollar and global equities firmedon the back of upbeat economic data from the United States.Spot gold was down 0.5 percent at $1,311.25 per ounceat 1320 GMT, having hit $1,...Read More
* FTSE 100, FTSE 250 both up 0.2 pct * Ryanair weak after Q3 report* Ferrexpo worst mid-cap faller (Updates to closing prices, adds PMI data)Feb 4 (Reuters) - London's blue-chip stocks climbed to theirhighest in more than two months on Monday as gains in oil sharesand consumer staples offset deep losses in miners, while airlineRyanair slumped after a disappointing quarterly report.The FTSE 100 ind...Read More
Canada's Barrick Gold (TSX:ABX)(NYSE:GOLD), the world's top bullion producer by volume has entered into a 50-50 strategic alliance with fellow junior miner Reunion Gold (TSX-V:RGD), to jointly explore for and develop projects on South America's North Atlantic coast.The deal allows Barrick to tighten its grip on four of the Guyana-based projects Reunion already owns - Waiamu, Aremu, Arawini and O...Read More
Canada's Barrick Gold (TSX:ABX)(NYSE:GOLD), the world's top bullion producer by volume has entered into a 50-50 strategic alliance with fellow junior miner Reunion Gold (TSX-V:RGD), to jointly explore for and develop projects on South America's North Atlantic coast.The deal allows Barrick to tighten its grip on four of the Guyana-based projects Reunion already owns - Waiamu, Aremu, Arawini and O...Read More
Canada's Barrick Gold (TSX:ABX)(NYSE:GOLD), the world's top bullion producer by volume has entered into a 50-50 strategic alliance with fellow junior miner Reunion Gold (TSX-V:RGD), to jointly explore for and develop projects on South America's North Atlantic coast.The deal allows Barrick to tighten its grip on four of the Guyana-based projects Reunion already owns - Waiamu, Aremu, Arawini and O...Read More
* Coordinated move comes after election ultimatum * Opposition head declared himself interim president * Major EU nations join Trump's stance against Maduro * Russia accuses EU of foreign meddling, Italy divided (Adds Estonia, edits)By Gabriela Baczynska and Jose El?-as Rodr?-guezBRUSSELS/MADRID, Feb 4 (Reuters) - Major European nationsjoined the United States in recognising opposition leader Juan...Read More
REVIEW AND PREVIEW The U.S. economy added 304,000 jobs in January, according to data released by the Bureau of Labor Statistics. The report follows a 35-day U.S. government shutdown. It also marks the 100th straight month of jobs growth. However, the report also included a sharp downward revision of December’s jobs gains. January’s wages also grew at a much slower-than-expected pace. &...Read More
* Chinese holiday expected to subdue volumes this week * Market focus is on U.S.-China trade dispute (Updates with official prices, adds nickel)By Pratima DesaiLONDON, Feb 4 (Reuters) - Zinc prices climbed to seven-monthhighs on Monday, lifted byconcerns over shortages due tofalling stocks and environmental constraints, and delays to newcapacity in top producer China.Benchmark zinc on the London M...Read More
* STOXX 600 flat * Euro zone banks down for sixth day * Wirecard bounces back (Recasts, adds details, closing prices)By Danilo Masoni and Julien PonthusMILAN/LONDON, Feb 4 (Reuters) - European shares were flat onMonday as the heavyweight banking sector fell further followingpoor results from Julius Baer and as optimism fueled by strongU.S. economic data faded.The pan-European STOXX 600 index added...Read More
* Eskom forecasts annual losses until 2022 * Utility seeks even higher power tariff hikes * Firm supplies more than 90 percent of S.Africa's power (Adds bond moves)By Alexander WinningJOHANNESBURG, Feb 4 (Reuters) - South Africa's strugglingpower firm Eskom expects to make a wider 20 billion rand ($1.5billion) loss in the current financial year and wants steepertariff hikes than it previously soug...Read More
James Hyerczyk22 hours ago (Feb 04, 2019 3:21 AM GMT)Gold futures are trading lower early Monday, pressured by a steady U.S. Dollar as investors continued to react to Friday’s solid U.S. jobs report and upbeat factory activity data. The news is helping to drive up U.S. Treasury yields as investors cut expectations on a rate cut later this year. Rising rates are helping to make the U.S. Doll...Read More
Vedanta, the London-listed natural resources company controlled by one of India's richest men, said Monday its foreign subsidiary Cairn India Holdings' $200 million investment in Anglo American (LON:AAL) met all governance requirements.The company, India's largest miner and No. 1 iron ore exporter, said the deal was made on an arms-length basis in December 2018, adding it provided "significantly h...Read More
Vedanta, the London-listed natural resources company controlled by one of India's richest men, said Monday its foreign subsidiary Cairn India Holdings' $200 million investment in Anglo American (LON:AAL) met all governance requirements.The company, India's largest miner and No. 1 iron ore exporter, said the deal was made on an arms-length basis in December 2018, adding it provided "significantly h...Read More
Stocks Analysis by Chris Kimble covering: XAU/USD, XAG/USD, Gold Futures, Silver Futures. Read Chris Kimble's latest article on Investing.comRead full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index began with some heaviness, slipping to the low 1070s where it held above its middle Bollinger band. From there, the INK CIN bounded straight up and through 1100 resistance and came to rest at 1120.75 for a gain of 23.3 points or 1.9%, The Index ha...Read More
Gold trades little changed near $1317 in early Asian trading session. Prices extend their pullback from “Rising Wedge” trendline resistance initiated on Thursday. $1306 and $1300 seem immediate supports whereas $1326 and $1333 can restrict immediate upside of the yellow metal. Gold trades around $1317 on early Monday. The yellow metal took a U-turn from near-term “Rising Wedge&...Read More
Billet prices increased last week in the Commonwealth of Independent States (CIS), Turkey, Southeast Asia and most other regions due to rising scrap costs.Fastmarkets' daily ferrous scrap index of North Europe-origin HMS 1&2 (80:20) was $297.39 per tonne cfr Turkey on Friday February 1 compared with $288.01 per tonne cfr on January 25.The increase was mostly due to tight supply in Turkey.Iron ore...Read More
Billet prices increased last week in the Commonwealth of Independent States (CIS), Turkey, Southeast Asia and most other regions due to rising scrap costs.Fastmarkets' daily ferrous scrap index of North Europe-origin HMS 1&2 (80:20) was $297.39 per tonne cfr Turkey on Friday February 1 compared with $288.01 per tonne cfr on January 25.The increase was mostly due to tight supply in Turkey.Iron ore...Read More