TRIP and SABR have for the most part been trending higherTwo travel stocks making notable moves this week are TripAdvisor Inc (NASDAQ:TRIP) and Sabre Corp (NASDAQ:SABR). Below, we will take a closer look at TRIP and SABR, how the pair have been faring on the charts, and why now may be an affordable time to bet on the travel stocks' next leg higher, per data from Schaeffer's Senior Quantitative A...Read More

LONDON (Reuters) - Prime Minister Theresa May won a crucial Brexit vote in parliament on Wednesday, keeping her deeply divided government’s plans to end Britain’s more than 40 years of partnership with the European Union on track.After pro-EU Conservative lawmaker Dominic Grieve said he would support the government’s proposal for a “meaningful vote” in parliament on a...Read More

(Kitco News) - While the lackluster gold price in an environment of growinguncertainty weighs on sentiment in the mining space, one junior CEO said thatthere is a more significant issue the sector faces in a global trade war.In a recent telephone interview with Kitco News, ThomasSmeenk, CEO of Broadway Gold Mining (TSX.V: BRD) said that there is someanxiety that financing for junior miners could d...Read More

(Kitco News) - While the lackluster gold price in an environment of growing uncertainty weighs on sentiment in the mining space, one junior CEO said that there is a more significant issue the sector faces in a global trade war.In a recent telephone interview with Kitco News, Thomas Smeenk, CEO of Broadway Gold Mining (TSX.V: BRD) said that there is some anxiety that financing for junior miners cou...Read More

PARIS (Reuters) - The head of Boeing (BA.N) jetliner sales said on Wednesday he was confident a new mid-market jet could enter service in 2025.Ihssane Mounir, senior vice-president for commercial sales and marketing at Boeing, also said his company was holding advanced talks with Brazil’s planemaker Embraer (EMBR3.SA) to set up a new company focused on commercial aviation.(This version of th...Read More

Deutsche Bank thinks C will benefit from the resultsThe Federal Reserve is expected to release the first-round results of its 2018 Dodd-Frank Act stress tests tomorrow morning -- an annual event that came as a result of the most recent financial crisis. Ahead of the event, Citigroup Inc (NYSE:C) was upgraded to "buy" from "hold" at Deutsche Bank, which also raised its price target on the bank stoc...Read More

SINTRA, Portugal (Reuters) - A Franco-German proposal to deepen the monetary union through a euro zone budget is an encouraging step and should be welcomed, European Central Bank President Mario Draghi said on Thursday.“The recent document produced by France and Germany is to be welcomed,” Draghi told a central banking conference. “It’s an encouraging step in this direction...Read More

SINTRA, Portugal, June 20 (Reuters) - A “deflationary mindset” that has taken hold in Japan will take time to dispel, the country’s central bank governor Haruhiko Kuroda said on Wednesday.“The deflationary mindset that has become entrenched amongst people is quite tenacious and it will take time to completely dispel this mindset,” Kuroda told a European Central Bank c...Read More

WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Wednesday his agency is launching an investigation of recent steel price hikes to determine whether some market participants are “illegitimately profiteering” from new U.S. tariffs.Ross told a Senate Finance Committee hearing that the price of steel in the U.S. market has risen far more than justified by the 25 percent...Read More

MILAN (Reuters) - Fat order books covering several years of sales have made European aerospace and defense firms a winning bet as a slowing economy and political instability have clouded prospects for the region’s equity market.The sector’s stock prices have been hitting record highs, even as investors become more wary of European economic growth falling from its peak and as fears of a...Read More

Comcast and Disney are battling over Fox assetsShares of Walt Disney Co (NYSE:DIS) are up 1.4% at $107.62 in early trading, after the company announced its revised bid for Twenty-First Century Fox (FOXA) assets. Disney sweetened its offer to compete with Comcast (CMCSA), and Fox said it will postpone today's scheduled special meeting of stockholders to evaluate the new bid. Disney stock started J...Read More

The index just wrapped up its longest downturn since early 2017The Dow Jones Industrial Average (DJI) on Tuesday extended its losing streak to a sixth session, marking the longest since March 2017. Prior to that, you'd have to go back to November 2016, to just before the U.S. presidential election, for a similar streak. Further, the index surrendered 2.46% during this recent stretch, for its worst...Read More

Agnico Eagle's LaRonde mine is the first to utilize AutoMine (R) with LTE communication network underground on a production scale. This will not only increase productivity and improve safety but also mark a breakthrough in technology.Sandvik was the first mining supplier in the world to introduce mine automation systems for underground hard rock mining and this time marks no exception. Sandvik wil...Read More

Philip BlenkinsopBRUSSELS (Reuters) - The European Union will begin charging import duties of 25 percent on a range of U.S. products on Friday, in response to U.S tariffs imposed on EU steel and aluminum early this month, the European Commission said on Wednesday.The move confirms a tit-for-tat dispute that could escalate into a full trade war, particularly if U.S. President Donald Trump carries o...Read More

SINTRA, Portugal (Reuters) - Behind a “facade of optimism”, European Central Bank officials are growing increasingly concerned that a looming trade war could derail the euro zone’s recovery and complicate its exit from years of easy money, central banking sources told Reuters.There was an eerie calm at the ECB’s annual get-together of policymakers and academics at the bank&...Read More

LONDON (Reuters) - The dollar hit an 11-month high against a basket of its rivals on Wednesday as an escalating trade conflict kept investors from buying higher-yielding currencies and markets braced for growing volatility.Currency markets had breathed a sigh of relief after Beijing signaled its tolerance of a stronger currency by fixing a stronger daily midpoint than expected. Safe-haven currenci...Read More

Analysts were surprised by Starbucks' lackluster same-store sales growthStarbucks Corporation (NASDAQ:SBUX) shares are sharply lower this morning, down 5.6% to trade at $54.22, after the coffee giant reported, to the surprise of analysts, lower-than-anticipated third-quarter same-store sales outlook, while also announcing it would be closing 150 U.S. stores next fiscal year. In response, Morgan S...Read More

Russia is rethinking what counts as a haven asset as it duels with the U.S.Although investors usually seek safety in U.S. debt, Russia cut its holdings of Treasuries nearly in half in April as Washington slapped the harshest sanctions to date on a selection of Russian companies and individuals. In a shift Danske Bank A/S attributed to a deepening "geopolitical standoff," Russia is instead keeping...Read More

Johannesburg, 20 June 2018: Further to the announcement released on Thursday 14 June 2018 advising of the tragic loss of five employees who passed away after entering an area at its Kloof Ikamva mine that is not currently mined, on Monday 11 June 2018, Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL) wishes to provide an update on safety at its operations.Sibanye-Stillwater has recently exper...Read More

(Kitco News) - Gold prices were continuing to trade lower on the day after U.S. consumers bought less pre-existing homes in May, according to the latest report from the National Association of Realtors (NAR).Existing home sales edged down 0.4% last month to a seasonally adjusted and annualized rate of 5.43 million units, compared to April’s annualized rate of 5.45 million homes, the associat...Read More