Recent News

China says U.S. should tell airlines to change websites in Taiwan row

June 29, 2018 / www.kitco.com

BEIJING (Reuters) - China said on Friday that the United States should tell its airlines to change their websites to refer to self-ruled Taiwan as Chinese territory, after the United States said China had rejected requests for talks on the matter.China has demanded that foreign firms, and airlines in particular, begin referring to Taiwan as Chinese territory on their websites, along with Hong Kong...Read More

Stocks Stage a Volatile Finish to Second Quarter

June 29, 2018 / www.schaeffersresearch.com

A number of tech and chip stocks received analyst attention this weekTrade war tensions took investors on a wild ride over the past five days, as evidenced by the Dow Jones Industrial Average (DJI) snapping a historic streak above its 200-day moving average. U.S. trade relations with the European Union (EU) and China remained icy all week, which kept upside in check. However, the major equity ben...Read More

Will Investors Finally Say 'Enough' After Major Gold Selloff?

June 29, 2018 / www.kitco.com

(Kitco News) - Analysts are struggling to pinpoint gold’s future direction after prices hit a 12-month low earlier this week, yet many agree that the yellow metal is oversold and is due for a rebound.Gold prices continue to trade under heavy pressure on Friday, closing down what was a very tough week, where gold saw all of its year-to-date gains erased while ignoring escalating trade tension...Read More

Will Investors Finally Say 'Enough' After Major Gold Selloff?

June 29, 2018 / www.kitco.com

(Kitco News) - Analysts are struggling to pinpoint gold’s future direction after prices hit a 12-month low earlier this week, yet many agree that the yellow metal is oversold and is due for a rebound.Gold prices continue to trade under heavy pressure on Friday, closing down what was a very tough week, where gold saw all of its year-to-date gains erased while ignoring escalating trade tension...Read More

Take Five: World markets themes for the week ahead

June 29, 2018 / www.kitco.com

LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.1/ GAME OF TWO HALVESIt has been the worst first-half of a year for global stocks since 2010 as a mix of U.S.-China trade tensions, central banks turning off the money taps and cooling growth in Europe wiped a trillion dollars off MSCI&rsq...Read More

Pompeo tells China continued North Korea sanctions enforcement needed

June 29, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo has stressed to China the importance of continued enforcement of sanctions on North Korea to press it to give up its nuclear weapons, after warning of signs of backsliding by Beijing.The State Department said Pompeo had spoken to his Chinese counterpart Wang Yi on Thursday and discussed efforts “to achieve our shared goal of the comp...Read More

Canada strikes back at U.S. over tariffs, unveils aid package

June 29, 2018 / www.kitco.com

OTTAWA (Reuters) - Canada struck back at U.S. steel and aluminum tariffs on Friday, vowing to impose punitive measures on C$16.6 billion ($12.63 billion) of American goods and unveiling a C$2 billion aid package for affected industries and workers.Foreign Minister Chrystia Freeland said the tariffs would take effect as planned on July 1 and stay in place “until the United States eliminates i...Read More

Gold Technical Analysis: modest recovery attempt lacks conviction

June 29, 2018 / www.fxstreet.com

   •  Struggles to build on a modest recovery attempt from a short-term descending trend-channel formation on the 1-hourly chart.    •  With technical indicators on the said chart gradually recovering from near-term oversold conditions, a heavily offered tone surrounding the USD could provide a minor boost to the dollar-denominated commodity.    &n...Read More

Trump may nominate Supreme Court pick before July 10: White House official

June 29, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. President Donald Trump may nominate a replacement for Supreme Court Justice Anthony Kennedy before July 10, when Trump is scheduled to depart for a trip to Europe, a White House official said on Friday.The vacancy on the Supreme Court, due to Kennedy's retirement, will allow Trump to make his second appointment of a Supreme Court justice and deepen the conservative impr...Read More

Centenera Announces Non-Brokered Private Placement

June 29, 2018 / bit.ly

Centenera Mining Corporation (TSXV:CT; OTC:CTMIF) announces a non-brokered private placement (theRead full newsRead More

Amarillo to sell 1.75% NSR at Mara Rosa to RG Royalties

June 29, 2018 / www.stockwatch.com

Mr. Mike Mutchler reportsAMARILLO GOLD ANNOUNCES THE SALE OF AN NSR ROYALTY TO ROYAL GOLD FOR USD $10.8 MILLIONAmarillo Gold Corp. has entered into an agreement for sale of a perpetual 1.75-per-cent net smelter return royalty on the Mara Rosa gold project to RG Royalties LLC, a wholly owned subsidiary of Royal Gold Inc., for $10.8-million (U.S.). The proceeds of the sale are expected to be used...Read More

Amarillo to sell 1.75% NSR at Mara Rosa to RG Royalties

June 29, 2018 / www.stockwatch.com

Mr. Mike Mutchler reportsAMARILLO GOLD ANNOUNCES THE SALE OF AN NSR ROYALTY TO ROYAL GOLD FOR USD $10.8 MILLIONAmarillo Gold Corp. has entered into an agreement for sale of a perpetual 1.75-per-cent net smelter return royalty on the Mara Rosa gold project to RG Royalties LLC, a wholly owned subsidiary of Royal Gold Inc., for $10.8-million (U.S.). The proceeds of the sale are expected to be used...Read More

German data, not politics key for trade war watchers

June 29, 2018 / www.kitco.com

DUBLIN (Reuters) - While German politics may dominate the headlines again in the coming week, the less attention grabbing release of industrial data could offer a better indication of the headwinds facing the European Union and its largest economy.With fears of a trade war rattling markets as U.S. President Donald Trump’ “America First” policies become more of a reality and his p...Read More

Macron welcomes EU migration deal, but acknowledges pressures will continue

June 29, 2018 / www.kitco.com

BRUSSELS (Reuters) - French President Emmanuel Macron praised a deal on migration struck by the leaders of the European Union on Friday, calling it a significant step forward in efforts to resolve the influx of migrants to the continent from Africa and the Middle East.“We made a choice of cooperation,” Macron told a news conference after two days of talks wrapped up in Brussels.“...Read More

2 Dow Stocks Bulls Should Watch In the Third Quarter

June 29, 2018 / www.schaeffersresearch.com

The third quarter is about to beginAs the second quarter comes to a close, two Dow names traders may want to consider are Merck & Co., Inc. (NYSE:MRK) and Mastercard Inc (NYSE:MA). Below, we will take a closer look at MRK and MA, and dig into howthe blue chips landed on Schaeffer's Senior Quantitative Analyst Rocky White's list of the best 25 stocks to own in the third quarter.MRK Has Made Outsi...Read More

The Saudis won't prevent the next oil shock

June 29, 2018 / www.mining.com

Saudi Arabia is starting to panic, and is growing concerned that the growing number of supply disruptions around the world could cause oil prices to spike. Saudi Arabia is moving quickly to head off a supply crunch, aiming to dramatically ramp up production to a record high 11 million barrels per day in July, according to Reuters.The increase, if it can be pulled off, would be an incredibly rapid...Read More

Global M&A hits historic high with media deal wave

June 29, 2018 / www.kitco.com

NEW YORK/LONDON (Reuters) - Deals involving media companies, including the bidding war for Rupert Murdoch’s Twenty-First Century Fox (FOXA.O), helped drive worldwide merger and acquisition activity to new highs in the first half of 2018, according to the latest Thomson Reuters Deals Intelligence data.The value of deals announced globally is at $2.5 trillion year-to-date, up 64 percent compar...Read More

Euro jumps on EU migration agreement, dollar slumps

June 29, 2018 / www.kitco.com

LONDON (Reuters) - The euro jumped on Friday after European Union leaders reached an agreement on migration that eased pressure on German Chancellor Angela Merkel, but traders said the gains may be short-lived because of deep divisions within the EU.A tense summit that dragged on into early Friday morning yielded vague pledges from EU leaders to strengthen external borders and explore new migrant...Read More

Nike Earnings Reaction Carries Dow Higher

June 29, 2018 / www.schaeffersresearch.com

NKE shares have rallied to record highsNike (NKE) stock's post-earnings surge to record highs has the Dow Jones Industrial Average (DJI) set for a big win. In fact, one of the few blue-chip losers today is Dow newcomer Walgreens Boots Alliance (WBA), as analysts pound the pharmacy concern. The financial sector is today's other bullish driver, thanks to extended rallies from large-cap bank stocks....Read More

#Nickel is tipped to rise 30% in the next year as #EVs push class one demand ($) |

June 29, 2018 / bit.ly

Steel and battery mineral on the riseRead full newsRead More

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