Twitter call options have remained popularTwitter Inc (NYSE:TWTR) is adding to its big year, rising 4.4% today to $43.23, and earlier touching a fresh three-year high of $43.37, thanks to a bull note from J.P. Morgan Securities -- which is also eyeing major upside from this weight management stock. The brokerage firm boosted its price target to $50 from $39, expecting increasing advertising revenu...Read More

SINGAPORE (Reuters) - U.S. President Donald Trump on Tuesday kept up his feud with America’s closest allies over trade, saying he could not allow them to continue taking advantage of the United States.Although he insisted he had a good relationship with Justin Trudeau, just days after blowing up a G7 summit the Canadian prime minister had hosted, Trump took another dig at him, saying the Uni...Read More

LONDON (Reuters) - World stocks slipped on Tuesday and the dollar retreated from a three-week high after a U.S.-North Korea summit aimed at the denuclearization of the Korean peninsula.U.S. President Donald Trump and North Korean leader Kim Jong Un pledged to work toward complete denuclearization of the Korean peninsula, while Washington committed to providing security guarantees for its old enemy...Read More

The stock is staring up at several layers of technical resistanceRoyal Caribbean Cruises Ltd (NYSE:RCL) stock encountered some rough waters last week. A bearish note on the sector from brokerage firm Morgan Stanley sent RCL and its peers reeling, and shares of the cruise operator tagged a new 52-week low of $101.20 in response. From a broader perspective, the stock has shed more than 13% so far in...Read More

Vale S.A. (NYSE: VALE) has agreedto streaming deals for cobalt from its Voisey's Bay nickel mine in order tofinance an expansion. News reports describe this as the world's biggest cobalt stream ever. Streaming companiesupfront money in exchange for a share of future production. WheatonPrecious Metals (NYSE, TSX: WPM) and Cobalt 27 Capital Corp. will provide Valea combined $690 million in funding f...Read More

   •  Once again retreats from a descending trend-line resistance, a part of symmetrical triangular formation on the 4-hourly chart.    •  The contracting wedge support, currently near the $1294 region, might continue to protect the immediate downside.   •  Neutral technical indicators also suggest an extension of the consolidation p...Read More

SEOUL (Reuters) - U.S. President Donald Trump’s declaration on Tuesday that he intended to end joint military exercises in Korea seemed to be news to both South Korean and U.S. military officials.Trump made the remarks at a news conference after his summit with North Korean leader Kim Jong Un in Singapore, calling war games expensive and “provocative.”South Korea’s Presiden...Read More

Mohave County then became a destination for mineral exploration.Read full newsRead More

Futures are quiet this morning as traders look ahead to Wednesday's Fed decisionFollowing the highly anticipated U.S.-North Korea summit, futures on the Dow Jones Industrial Average (DJI) and the Nasdaq-100 Index (NDX) are both trading flat. The historic meeting, which took place in Singapore, concluded with President Donald Trump and North Korean leader Kim Jong-Un signing a document wherein Py...Read More

Analysts are already upbeat toward the Oprah-endorsed companyJ.P. Morgan Securities initiated coverage on Weight Watchers International, Inc. (NYSE:WTW) with an "overweight" rating and $105 price target -- representing expected upside of nearly 21% to last night's close at $86.90. The brokerage firm said the weight management company's global expansion and social media efforts could help Weight Wa...Read More

SINGAPORE (Reuters) - Kim Jong Un’s distinctive signature, penned on a historic agreement with U.S. President Donald Trump on Tuesday, indicates his ambition and creativity, handwriting experts said.Trump’s signature, by contrast, indicates a more guarded personality, they said.Graphologist Koo Bon-jin said Kim’s signature suggested an ambitious man who is “intuitive, rathe...Read More

LONDON (Reuters) - The oil industry will face the biggest squeeze on its spare production capacity in more than three decades if OPEC and its allies agree next week to hike crude output, leaving the world more at risk of a price spike from any supply disruption.Spare capacity is the extra production oil producing states can bring onstream and sustain at short notice, providing global markets with...Read More

BERLIN (Reuters) - The mood among German investors has sunk to its lowest in nearly six years, a survey showed, weighed down by a festering trade dispute with the United States and concerns about Italy’s commitment to the euro zone.The ZEW research institute’s indicator fell to -16.1 in June from -8.2 in May, it said on Tuesday. That was its lowest level since September 2012 and missed...Read More

(Kitco News) - Gold pricesaremoderately lower and have dropped back below the psychologically important$1,300.00 level in early U.S. trading Tuesday. Gold and silver markets did notreact significantly to the just-concluded U.S.-North Korea summit. August Comex gold futures were last down $4.10 an ounce at $1,299.10. July Comex silver waslast down $0.122 at $16.825 an ounce.Theworld marketplace is...Read More

Editor's Note: Updating earlier story with more details from report.(Kitco News)- Gold prices were unfazed, remaining modestlysofter after a Labor Department report Tuesday showing that U.S. consumerprices rose by a seasonally adjusted 0.2% in May.The core index for CPI, excluding thevolatile food and energy sectors, was also up 0.2%.Going into the report, consensusexpectations compiled by news or...Read More

Traders are betting against IEF as the Fed eyes a likely rate hikeWith just days to go until the next Federal Open Market Committee (FOMC) meeting, fed funds futures are pricing in a 91% chance of a 25-basis point interest rate hike (per CME Group), as of this writing. Since this policy-tightening move is all but assured as far as investors are concerned, traders have been busily targeting bond fu...Read More

Editor's Note: Updating earlier story with more details from report.(Kitco News) - Gold prices were unfazed, remaining modestly softer after a Labor Department report Tuesday showing that U.S. consumer prices rose by a seasonally adjusted 0.2% in May.The core index for CPI, excluding the volatile food and energy sectors, was also up 0.2%.Going into the report, consensus expectations compiled by ne...Read More

Mohave County then became a destination for mineral exploration.Read full newsRead More

By Maryam Cockar Rio Tinto said Tuesday that it has appointed Jakob Stausholm to succeed Chris Lynch as chief financial officer. The miner said Mr. Stausholm, who recently stepped down as group CFO of A.P. Moeller-Maersk A/S (AMKBY), will join Rio Tinto as an executive director and take over as CFO on Sept. 3. Mr. Lynch will stand down from the Rio Tinto's board on Sept. 3 and will retire from the...Read More

BERLIN (Reuters) - Germany’s economic upswing remains strong despite the threat of protectionist U.S. trade policies and the government should use its budget surplus to increase investment to help to reduce its large current account surplus, the OECD said on Tuesday.“Economic growth is robust and prosperity is high,” the Organisation for Economic Co-operation and Development said...Read More