NEW DELHI, Sept 18 (Reuters) - The United States is willingto grant a conditional waiverto Indian steel and aluminiumproducts from higher import tariff, television channel ET NOWsaid on Tuesday citing sources.India has written to the U.S. government seeking exemptionfrom the 25 percent levy on steel and 10 percent on aluminium asexports of the two products from India did not pose a securitythreat...Read More
* Lira down 40 percent this year * Government to announce medium-term programme on Thursday * Rate hike alone not enough for markets, analyst says * Lira has now surrendered gains from rate hike (Updates prices, adds analyst quote)By Behiye Selin Taner and Ali KucukgocmenISTANBUL, Sept 18 (Reuters) - Turkey's lira fell as much as2 percent on Tuesday, erasing all its gains since the centralbank's r...Read More
Here Are 3 Hot Things to Know About Stocks Right Now Stocks end near their lows of the day on expectations of new tariffs on Chinese goods.The S&P 500 declined on Monday after closing higher Friday for the fifth straight session.Trump economic adviser Larry Kudlow suggests Trump is ready to impose tariffs on additional $200 billion worth of China-made goods.Te...Read More
The Monday Market Minute Global stocks weaken amid reports that President Donald Trump will imposed 10% tariffs of $200 billion worth of China-made goods as early as today.China vows to retaliate, with reports it plans to target U.S. supply chain with export limits as U.S. tariff level looks set to surpass total China export total.China's Shaghai Composite slides 1.1% to close at the lowest leve...Read More
MANILA, Sept 17 (Reuters) - The Philippines' environmentminister on Monday ordered the stoppage of all small-scalemining activities in a mountainous region in the country's northfollowing major landslides after super typhoon Mangkhut hit thecountry. "I officially order the cease and desist of all illegalsmall-scale mining in Cordillera Region," Environment andNatural Resources Secretary...Read More
The latest news and price moves to start the Asian day on Tuesday September 18.Base metals prices on the London Metal Exchange showed mixed movement on Monday September 17, with the complex awaiting new direction. Read more in our live futures report.Here are how prices looked at the close of trading:The United States Office of Foreign Assets Control (OFAC) has said it will allow Russian alum...Read More
Investing.com - Gold prices and the U.S. dollar both slipped on Monday as the United States is set impose a new round of tariffs on Chinese imports.Gold futures for December delivery were down 0.14% to $1,199.4 per troy ounce at 12:50AM ET (04:50 GMT) on the Comex division of the New York Mercantile Exchange.Reports on the weekend suggested that U.S. President Donald Trump wants to move forward wi...Read More
* NSE index down 1.2 pct, BSE index 1.3 pct lower* Financials top drag, Reliance Ind falls 2.2 pctSept 17 (Reuters) - Indian shares fell over 1 percent on Monday after two straight sessions of gains, as measures outlined by the government on Friday to stem the rupee's steep decline failed to boost investor sentiment, while weak Asian shares also weighed on the market.The rupee INR=D2 fell more tha...Read More
(Adds Hotstar's response)Sept 17 (Reuters) - Walmart (NYSE:WMT) Inc's WMT.N Flipkart unit is in talks to buy a stake in Star India's video streaming service Hotstar, the Mint daily reported on Monday, stepping up the e-commerce firm's battle with Amazon.com Inc AMZN.O by expanding into video content.Flipkart's reported https://www.livemint.com/Companies/aahtibpsOIu6Bp3HH6oCxL/Flipkart-Hotstar-stak...Read More
* Trump 'likely' to announce new China tariffs as early as Monday* Sino-U.S. trade war raises concerns over world oil demand* Losses limited by concern over U.S. sanctions on Iran* Iranian crude oil exports down 580,000 bpd in 3 months - BofAML (Updates with settlement prices, adds market activity, commentary)By Stephanie KellyNEW YORK, Sept 17 (Reuters) - Oil prices were little changed on Monday...Read More
(Bloomberg) -- Industrial metals including copper opened the week with steep losses on concern the U.S.-China trade war is set to get much worse, with President Donald Trump prepared to hit the mainland with another round of levies, damping prospects for demand in the world's largest consumer.Nickel lead the retreat, tumbling as much as 3.2 percent to $12,250 a metric ton on London Metal Exchange...Read More
(Bloomberg) -- Nothing sells like economic nationalism in Indonesia’s election season.Facing a challenge from a self-proclaimed nationalist, President Joko Widodo has used speeches after his nomination for April’s vote to tout his success in wresting control of the nation’s prized natural resources from foreign companies.Now the campaign in the lead up to the April 2019 poll is e...Read More
The latest news and price moves to start the Asian day on Tuesday September 18.Base metals prices on the London Metal Exchange showed mixed movement on Monday September 17, with the complex awaiting new direction. Read more in our live futures report.Here are how prices looked at the close of trading:The United States Office of Foreign Assets Control (OFAC) has said it will allow Russian alum...Read More
Lithoquest Diamonds (TSXV: LDI; US-OTC: CWVWF) hit undiscovered kimberlite mid-year with the first hole at the company's 1804 target on its North Kimberley diamond project in Western Australia. It was the first kimberlite discovery in the area in 20 years. The company was drilling as part of its first fully fledged exploration campaign at North Kimberly. It drilled five targets during the program,...Read More
After spending his entire life a liberal, Brandon Straka began to realize the he didn't agree with what he saw going on around him.As his views turned toward what most would consider conservative, Brandon started the #WalkAway movement and ignited social media in a way even he could not imagine.Now the liberal tech giants are striking back.His entire Facebook page was deleted for merely mentioning...Read More
My special interview with Roseanne Barr.Roseanne shares her political journey through the years and how she came to #WalkAway from the Democratic Party.Learn the backstory of her departure from the #Roseanne TV series and what's in store for the future.*NOTE: This interview was originally recorded on September 10, 2018. We'll be active and responding to your comments during the LIVE airing.Please...Read More
Cheap mining stocks are an investor's paradise at the moment, with some great quality Canadian assets changing hands at heavily discounted prices. I've gone through some of the best value stocks out there in terms of quality to bring you this triple-whammy of metal and mineral picks. There are some dividends on offer, some growth, and also some good diversification. Let's see which of the three st...Read More
The copper premium was more than $100 per tonne for the first time in three years during the week ended Tuesday September 18, with the price in the Shanghai market continuing to rise because the import arbitrage was wide open.Premiums became firmer across Asia, while the European and US markets were preparing to receive long-term contract offers from major producers. The copper premium was well ab...Read More
Bob Moriarty ArchivesSep 18, 2018Earlier this year I was calling for a rally in gold after a low in the June/July timeframe. I missed the timing by a couple of weeks, the low in gold was in mid-August and silver actually went another $.50 lower into September. Like everyone else in the industry I have been scratching my head. We usually have a late summer rally but if that was it, it was pretty te...Read More
A summary of base metals premiums from across the globe for the week to Tuesday September 18.Please click...Read More