Italy’sdebt to GDP ratio is amongst the highest in the world.  As the newgovernment in Italy seeks to stimulate growth through increased borrowing,gold’s attractiveness as an asset which is not replicable and is no one’sliability will become more apparent.Italiansrecently elected “protest parties” M5S and La Lega, largely due to economichardship in the country.&n...Read More

Energy stocks are hot after the OPEC meetingOil prices are on the rise today, after the Organization of the Petroleum Exporting Countries (OPEC) said it will modestly boost crude production. Against this backdrop, energy stocks are leading the broad market rally, and two could have more gas in the tank, if recent history is any indicator: Plains All American Pipeline (NYSE:PAA) and Continental Res...Read More

Italy’s debt to GDP ratio is amongst the highest in the world.  As the new government in Italy seeks to stimulate growth through increased borrowing, gold’s attractiveness as an asset which is not replicable and is no one’s liability will become more apparent.Italians recently elected “protest parties” M5S and La Lega, largely due to economic hardship in the coun...Read More

NEW YORK (Reuters) - The wind and solar industries hope demand for carbon-free power from U.S. cities, states and corporations can offset headwinds from President Donald Trump’s tax policy and tariffs, developers said this week.The Trump tax overhaul trimmed production and investment tax credits, and the administration also slapped a 30 percent tariff on imported solar panels. The moves, aim...Read More

Zinc Calls – Zinc SELL Call b60 given at price 201.80 Achieved 1st 200 & 2nd Target 199.50 Made 199.45 low. Total Profit of 2.30 Points per lotTIPS ID b60 : Mcx Zinc Target Tips - SELL Zinc at CMP 201.80 for Target 200 - 199.50 with SL Above price 202.80 Read More

ROME (Reuters) - Italy on Friday urged Malta to take in a ship carrying more than 200 rescued migrants as the new government pressures European partners to shoulder more of the burden of immigration from North Africa.The Dutch-flagged ship run by the German charity Mission Lifeline was seeking a nearby European dock, a day after anti-immigrant Interior Minister Matteo Salvini said the vessel shoul...Read More

WASHINGTON (Reuters) - Republican leaders in the U.S. House of Representative still plan to bring an immigration bill up for a vote next week, despite President Donald Trump’s urgings on Friday to drop the effort until after November’s elections.“We are bringing that bill to the floor,” House Majority Leader Kevin McCarthy said, referring to legislation that has been postpo...Read More

LONDON (Reuters) - European and U.S. autos shares fell sharply on Friday after U.S. President Donald Trump threatened a 20 percent tariff on all car imports from the European Union if EU “tariffs and trade barriers” are not removed.Europe’s autos stocks sold off rapidly, down as much as 1.3 percent, and Germany’s DAX index fell into negative territory, down 0.2 percent as b...Read More

Today LME Inventory Report Data : 22/06/2018 Aluminium (-2775), Copper (-1700), Lead (-75), Nickel (-1068), && ZINC (-200) Read More

So far, the trade war has been more bark than bite, as the U.S. tariffs on aluminum, steel and Chinese goods are dwarfed in magnitude by threatened levies. A new research note says that's a relief, because an all-out trade war risks a recession. To date, there's only been escalation, and for good reason. As President Donald Trump has announced and then implemented tariffs on foreign steel and alum...Read More

Mining - and not just juniors - needs to tell a good story to attract investors into what is a notoriously tricky and volatile industry.With China's infrastructure build-out peaking, the global auto industry's transition to electric vehicles now provides that narrative. And perhaps start the next commodity supercycle.The next few decades will be a rocky road for the mining industry and its backers...Read More

The gold miners' stocks are drifting listlessly in the summer doldrums, largely forgotten by investors and speculators. They are missing a fantastic opportunity to buy low in this barren sentiment wasteland when no one else wants to. The gold stocks remain exceedingly cheap relative to the metal which drives their profits, and they continue to establish a strong technical base. They are read...Read More

MCX ZINC TARGET TIPS TODAYMcx Zinc Target Tips – SELL Zinc at CMP 201.80 for Target 200 – 199.50 with SL Above price 202.80 Read More

(Reuters) - Energy and bank stocks led the S&P and Dow higher on Friday, though a decline in technology shares capped gains and pushed the Nasdaq slightly lower.The benchmark Brent crude jumped 1.9 percent to $74.48 a barrel, following three days of declines, after OPEC agreed on Friday to raise production by around 1 million barrels per day from July for the group and its allies, according to...Read More

The S&P and Nasdaq are on track to snap their four-week win streaksThe Dow Jones Industrial Average (DJI) is up triple digits at the halfway point, poised snap its eight-day losing streak. Investors are focusing on the Organization of the Petroleum Exporting Countries (OPEC) meeting, with reports swirling the cartel has agreed to a slimmer-than-expected increase in output. At last check, August...Read More

Fossil stock has exceeded options trader's volatility expectations over the past yearRetail stocks have been making notable move this week, including apparel concern -- and watchmaking rival to Apple (AAPL) -- Fossil Group Inc (NASDAQ:FOSL). Below we will see how FOSL has been faring on the charts, as well as to why now may be an affordable time to bet on the stock's next leg higher, per data fro...Read More

VIENNA (Reuters) - Venezuela has the ability to boost crude output by 1 million barrels per day (bpd) by end of the year in its bid to recover lost production, but the oil minister also said on Friday this goal would be “a challenge” for state oil firm PDVSA.President Nicolas Maduro said last month PDVSA would aim to boost oil production by 1 million bpd this year, and would seek help...Read More

NEW YORK (Reuters) - The euro rose on Friday as traders were encouraged by improved regional economic growth data and new assurances by Italian politicians that their nation would not leave the single currency.The euro was on pace for a weekly gain of 0.29 percent against the dollar, reversing the prior week’s 1.35 percent drop tied to the European Central Bank’s hint it would hold int...Read More

Bed Bath & Beyond has a history of negative earnings reactionsBed Bath & Beyond Inc. (NASDAQ:BBBY) is scheduled to report first-quarter earnings after the close next Wednesday, June 27. The retailer has a history of negative earnings reactions, and with BBBY trading near a trendline that's had bearish implications in the past -- it might be time to brace for the stock's next leg lower.Over the pas...Read More

GENEVA (Reuters) - U.S. Ambassador Dennis Shea told the World Trade Organization on Friday that appeals rulings can be vetoed if they take longer than the allowed 90 days, throwing down a new challenge to the WTO system of enforcing global trade rules.The WTO rules traditionally rely on “negative consensus”, whereby a ruling can only be blocked if every member opposes it.“The con...Read More