The travel shares have historically struggled in the week after a rate hikeTripAdvisor, Inc. (NASDAQ:TRIP) has put in a strong performance on the charts in 2018, up 61% to trade at $55.54, and not far from its June 5 annual high of $57.94. However, if history is any guide, it may be time to short -- or potentially buy protective put options -- on the travel stock ahead of next week's Fed meeting,...Read More

(Kitco News)-Gold’s near-term outlook is once again in the hands ofcentral bankers as two much anticipated monetary policy meetings will be heldnext week.Many analysts have noted that gold has followed awell-established pattern: selling off before an expected rate hike to then riseonce the dust has settled. The question on many investor’s minds is whether ornot this pattern will hold n...Read More

(Kitco News) -Gold’s near-term outlook is once again in the hands of central bankers as two much anticipated monetary policy meetings will be held next week.Many analysts have noted that gold has followed a well-established pattern: selling off before an expected rate hike to then rise once the dust has settled. The question on many investor’s minds is whether or not this pattern will...Read More

Westonaria, 8 June 2018: Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL) is pleased to advise that on 5 June 2018, the Company was awarded the 'Global Resources and Commodities M&A Deal of the Year' under the large-cap segment at the 10th Annual M&A Atlas Awards gala function, held at the Intrepid Museum in New York for the US$2.2 billion acquisition of Stillwater Mining Company in the United...Read More

All financial figures are in Canadian dollars.CALGARY, Alberta, June 07, 2018 (GLOBE NEWSWIRE) - Suncor today announced that with the completion of major planned turnaround activities and strong production from growth projects, Q2 production to date averaged approximately 636,000 barrels per day (bbls/d) reflecting the significant planned turnarounds in the quarter, and exited May at approximately...Read More

Whether bullish, bearish, or something in between, there's a strategy for youWe're going back to the basics today. After highlighting various specific options strategies such as the collar or long guts recently, we're going to explain what we feel are the three biggest benefits of trading options.Options Offer Limited Dollar Risk and ExposureQuite simply, when compared to outright stock buying or...Read More

LA MALBAIE, Quebec (Reuters) - Top U.S. allies scrambled on Friday to keep a Group of Seven nations summit from veering off track as President Donald Trump vowed to deal with “unfair trade practices” by Canada and the European Union.Washington’s partners in the G7 have been reeling since the Trump administration last week imposed tariffs on steel and aluminum imports from Canada,...Read More

Delegates from the 2018 AusIMM International Uranium Conference have urged state and federal governments to embrace uranium mining and actively discuss nuclear energy, at the 13th annual conference in this series, showcasing Australia's capability in the sector.The conference, held on June 5-6 in Adelaide, was attended by 110 industry, government and NGO representatives from around the world and d...Read More

Delegates from the 2018 AusIMM International Uranium Conference have urged state and federal governments to embrace uranium mining and actively discuss nuclear energy, at the 13th annual conference in this series, showcasing Australia's capability in the sector.The conference, held on June 5-6 in Adelaide, was attended by 110 industry, government and NGO representatives from around the world and d...Read More

LONDON (Reuters) - Britain’s foreign minister Boris Johnson warned there could be a Brexit meltdown but it will be “all right in the end” and said that U.S. President Trump would take a tougher stance were he leading the talks, according to BuzzFeed.Johnson’s comments were secretly recorded at a dinner on Wednesday evening and released on Thursday by the news website, just...Read More

KUALA LUMPUR (Reuters) - Malaysia is considering asking the U.S. Department of Justice (DoJ) to get Goldman Sachs (GS.N) to return nearly $600 million in fees it earned from bonds raised for scandal-tainted 1Malaysia Development Berhad (1MDB), two sources familiar with the matter said on Friday.Malaysia is scrambling to bring home billions of dollars allegedly siphoned off from 1MDB, a state fund...Read More

NEW YORK (Reuters) - Stocks on global indexes mostly eased while the dollar rose on Friday as expectations that trade tensions will dominate the Group of Seven countries’ summit weighed on sentiment.MSCI’s gauge of stocks across the globe .MIWD00000PUS shed 0.31 percent. It was still on track, however, to break a three-week streak of losses. U.S. stocks were nearly flat.Investors were...Read More

LA MALBAIE, Quebec (Reuters) - Britain and the United States remain good friends who can talk frankly with each other when they disagree, Prime Minister Theresa May said on Friday ahead of a Group of Seven summit.“The United States and the United Kingdom are good friends. President Trump and I work together,” May told Channel 4 News. She cited cooperation in response to chemical weapon...Read More

Put buying has been extremely popular on the pharma stockLast night, Cantor Fitzgerald initiated coverage on Eli Lilly and Co (NYSE:LLY) with an "overweight" rating and price target of $100. The analyst waxed optimistic on the pharmaceutical maker, noting that its pipeline assets and growth prospects for key drugs are "underappreciated." Cantor also believes Eli Lilly's pipeline of three non-o...Read More

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/PRICE OF PEACEU.S. President Donald Trump and North Korea’s Kim Jong Un are due to meet for a historic summit in Singapore on June 12. In an ideal scenario, Kim would agree to abandon all of the North’s nuclear capabilities i...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump said on Friday Russia should also be attending a Group of Seven nations summit, a controversial idea that even Moscow seemed to reject, as he headed for a chilly reception at the meeting in Canada, where other G7 leaders are set to clash with him over trade.Russia was expelled from what was then called the G8 in 2014 because of its annexation of C...Read More

BRUSSELS (Reuters) - EU Brexit negotiator Michel Barnier said on Friday a British proposal for avoiding border problems with Ireland after Brexit “raises more questions than answers” but was still welcome progress toward solutions.A day after British Prime Minister Theresa May said she could keep the whole United Kingdom within the EU customs area for up to an extra year after Britain...Read More

The price of copper held steady just off more than four year highs on Friday after customs data showed imports of raw materials by China rising sharply in May.In brisk trading New York Comex copper for delivery in July traded at $3.3050 a pound ($7,286 per tonne), up 7.8% over the last week and on track for its highest close since January 2014.Concentrate imports for January to May now total 7.8 m...Read More

President Donald Trump has been busy on TwitterStocks are hovering near breakeven today, as traders try to make sense of a recentTwitter war between U.S. President Donald Trump and French President Emmanuel Macron. The two leaders took trade-related jabs at each other ahead of this weekend's Group of Seven (G-7) meeting, while Trump also called out Canadian Prime Minister Justin Trudeau. Among the...Read More

Foot Locker stock has had a volatile year on the charts, including two bear and bull gapsRetail stocks have been on a tear this week, with names such as Stitch Fix (SFIX) and Five Below FIVE) making notable post-earnings moves. Today, we will take a closer look at shoewear concern Foot Locker, Inc. (NYSE:FL), how it has been faring on the charts, as well as to why now may be an affordable time to...Read More