(Bloomberg Opinion) - BP's latest Statistical Review of World Energy, released Wednesday, contains a chart that could leave environmentalists feeling somewhat flat (much like the lines):Coal's share of the world's electricity mix was about 38 percent in 1997, and in 2017 it was about ... 38 percent. Fossil fuels overall have actually increased their share, from 63 percent to 65 percent. Not exa...Read More

ZURICH (Reuters) - Personal financial wealth swelled 12 percent last year to nearly $202 trillion, the strongest growth in five years as bull markets and the dollar’s weakening against most major currencies boosted global fortunes, a study showed on Thursday.Adjusted for exchange rate swings, global wealth rose 7 percent, the Boston Consulting Group survey found.While residents of North Amer...Read More

Several Fed speakers will take the micCompared to this week's jam-packed slate, the week ahead could be breather of sorts for investors. We'll hear from a trio of Fed speakers at the start of the week, while housing data and earnings reports from the likes of Kroger (KR), FedEx (FDX), and Micron Technology (MU) will help keep things interesting. However, the big focus will be Friday, when the Org...Read More

(Reuters) - Canada agreed with the United States on Thursday that slow-moving talks to update NAFTA should continue although the two sides did not set a date, Canadian Foreign Minister Chrystia Freeland told reporters.Freeland, speaking in Washington after she met U.S. Trade Representative Robert Lighthizer, also said the United States, Canada and Mexico agreed meaningful progress had been made so...Read More

(Kitco News) - Gold and silver prices arehigher in early-afternoon U.S. trading Thursday, but down from their dailyhighs. Still, both metals are showing surprising and impressive resilience inthe face of a strong surge in the U.S. dollar index today. Gold prices hit afour-week high and silver hit a seven-week high today. August Comex gold futures were last up $5.80 an ounce at $1,307.10. July Come...Read More

(Kitco News) - Gold and silver prices are higher in early-afternoon U.S. trading Thursday, but down from their daily highs. Still, both metals are showing surprising and impressive resilience in the face of a strong surge in the U.S. dollar index today. Gold prices hit a four-week high and silver hit a seven-week high today. August Comex gold futures were last up $5.80 an ounce at $1,307.10. July...Read More

"Metal Bulletin reporting a new round of Chinese NPI closures due to environmental inspections, reducing output by 60 kt #nickel (annualized basis). Will the anticipated expansion of Chinese NPI production fizzle out? @BaseMetals https://t.co/Mo99PF3sV2"Read full newsRead More

M&A headwinds could weigh on the stock, per the short sellerThe shares of FAANG stock Netflix, Inc. (NASDAQ:NFLX) popped on Wednesday, thanks to a bullish analyst note from Goldman Sachs. However, notable short seller Citron Research today opined that yesterday's note"offset the negative news of the merger" between fellow media companies AT&T (T) and Time Warner (TWX), and the fact that the deal w...Read More

By David Hodari LONDON--Gold prices climbed Thursday, as the dollar weakened following the Federal Reserve's decision to raise interest rates late Wednesday. The precious metal was last up 0.40% at $1,304.97 a troy ounce in late morning trade. Copper, meanwhile, fell 0.55% to $7,202 a metric ton, with the whole base metals complex down on fears that Chinese environmental directives may stymie d...Read More

By David Hodari LONDON--Gold prices climbed Thursday, as the dollar weakened following the Federal Reserve's decision to raise interest rates late Wednesday. The precious metal was last up 0.40% at $1,304.97 a troy ounce in late morning trade. Copper, meanwhile, fell 0.55% to $7,202 a metric ton, with the whole base metals complex down on fears that Chinese environmental directives may stymie d...Read More

SEQUIM, Wash. - For the first time, researchers at Pacific Northwest National Laboratory and LCW Supercritical Technologies have created five grams of yellowcake - a powdered form of uranium used to produce fuel for nuclear power production - using acrylic fibers to extract it from seawater."This is a significant milestone," said Gary Gill, a researcher at PNNL, a Department of Energy nationa...Read More

   •  The latest leg of sharp upsurge was fueled by ECB-led volatility in the markets.   •  Traders shrugged off a strong pickup in the USD demand and upbeat US macro data. Gold continued gaining positive traction through the mid-European session and surged to one-month tops in the last hour. The European Central Bank detailed plans to slowly unwind its bond...Read More

NEW YORK (Reuters) - European stocks jumped more than 1 percent on Thursday, while the euro cratered against the dollar, after the European Central Bank indicated it would not raise interest rates through the summer of 2019.The bank’s unexpectedly dovish guidance on interest rates overshadowed its statement that it aimed to wrap up its crisis-era stimulus program, quantitative easing, at the...Read More

(adds details, context)By Francesco GuarascioBRUSSELS, June 14 (Reuters) - Euro zone creditors approved on Thursday a new disbursement of 1 billion euros ($1.16 billion) to Greece, a move that was seen as a precondition for talks on new debt relief measures for Athens next week.The decision came one week before a crucial meeting of euro zone finance ministers in Luxembourg on June 21 which is expe...Read More

The energy name just flashed a historical 'buy' signalOil stocks have been in focus ahead of the big Organization of the Petroleum Exporting Countries (OPEC) meeting next week. While NRG Energy Inc (NYSE:NRG) has doubled in value over the last year, the lesser-known energy name is also flashing a notable "buy" signal. What's more, NRG's options are attractively priced, to boot.Looking closer, N...Read More

June 14 (Reuters) - Canada agreed with the United States on Thursday that slow-moving talks to update NAFTA should continue although they did not set a date for the next round, a senior official said in remarks casting further doubt on the chances of a deal this year.Negotiations to modernize the North American Free Trade Agreement started last August and were initially scheduled to finish by the...Read More

LONDON (Reuters) - The risk of terror attacks and damage from hooligans has pushed up premiums for businesses and players buying insurance for the soccer World Cup in Russia compared to the previous event in Brazil, brokers and insurers say.The insured value of the event is over $10 billion, they estimate. Premiums against terror attacks are around 10 percent higher than the last World Cup in 2014...Read More

BEIJING/WASHINGTON, June 14 (Reuters) - China urged the United States on Thursday to make a "wise choice" on trade, saying it was ready to respond in case Washington chose confrontation, as U.S. President Donald Trump prepares to decide whether to impose tariffs on Chinese goods.Trump is due to unveil revisions to his initial tariff list targeting $50 billion of Chinese goods on Friday. People fam...Read More

NEW YORK (Reuters) - Oil prices slipped on Thursday, pressured by a strengthening dollar, rising U.S. crude production, and expectations that the Organization of the Petroleum Exporting Countries could decide to increase output at their meeting next week.Brent crude oil LCOc1 lost 82 cents to trade at $75.92 a barrel by 11:32 a.m. (1532 GMT), while West Texas Intermediate crude CLc1 slipped 24 cen...Read More

Tech sector strength is keeping the wind at the Nasdaq's back The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are gaining today, with the latter touching a fresh all-time high. Aside from recent global central bank developments, traders are reacting to upbeat economic data. Not only did retail sales for May see the largest increase since November, but weekly jobless claims unexpectedly decline...Read More