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Gold ends lower as dollar gains, finds some support on Italy turmoil

May 29, 2018 / www.marketwatch.com

Gold futures ended lower Tuesday as the leading dollar index gained, but the metal hovered above the closely monitored $1,300 line, finding some support from concerns tied to the eurozone. Political worries in Italy seeped into markets across much of the globe, a development that historically might send the haven metal markedly higher. Another Italian election looks possible within a few months, w...Read More

Gold ends lower as dollar gains, finds some support on Italy turmoil

May 29, 2018 / www.marketwatch.com

Gold futures ended lower Tuesday as the leading dollar index gained, but the metal hovered above the closely monitored $1,300 line, finding some support from concerns tied to the eurozone. Political worries in Italy seeped into markets across much of the globe, a development that historically might send the haven metal markedly higher. Another Italian election looks possible within a few months, w...Read More

EU proposes more spending on Italy and south, less in east

May 29, 2018 / www.kitco.com

BRUSSELS (Reuters) - The European Union’s executive proposed on Tuesday to spend more of the bloc’s money on Italy and other southern states hit by the economic and migration crises, while giving less to the former communist countries of eastern Europe.The proposal on the 2021-2027 budget, which details plans announced a month ago, comes as Italy faces snap elections, which polls show...Read More

Italian bonds suffer worst day in more than 25 years

May 29, 2018 / www.kitco.com

LONDON (Reuters) - A deepening political crisis in Italy, the euro zone’s third biggest economy, fuelled a selloff in Italian assets and the euro on Tuesday that was reminiscent of the euro zone debt crisis of 2010-2012.Short-term Italian bond yields suffered the biggest one-day jump since 1992 IT2YT=RR, while Italian and wider euro zone banking stocks saw their worst day since August 2016 ....Read More

Italian bonds suffer worst day in more than 25 years

May 29, 2018 / www.kitco.com

LONDON (Reuters) - A deepening political crisis in Italy, the euro zone’s third biggest economy, fuelled a selloff in Italian assets and the euro on Tuesday that was reminiscent of the euro zone debt crisis of 2010-2012.Short-term Italian bond yields suffered the biggest one-day jump since 1992 IT2YT=RR, while Italian and wider euro zone banking stocks saw their worst day since August 2016 ....Read More

Italy's Democratic Party Calls For Snap Elections In July

May 29, 2018 / www.kitco.com

ROME, May 29 (Reuters) - Italy’s Democratic Party (PD) on Tuesday called for parliament to be dissolved “immediately” in order to hold elections as soon as July.PD senate leader Andrea Marcucci urged President Sergio Mattarella to send Italy straight back to the polls after the PD said earlier on Tuesday it would not back Prime Minister-designate Carlo Cottarelli in a confidence...Read More

U.S. To Continue Trade Actions Against China: White House

May 29, 2018 / www.kitco.com

WASHINGTON (Reuters) - The United States said on Tuesday that it still holds the threat of imposing tariffs on $50 billion of imports from China and will use it unless Beijing addresses the issue of theft of American intellectual property.Washington will also press ahead with restrictions on investment by Chinese companies in the United States as well as export controls for goods exported to China...Read More

Investors Ask If ECB Has Will And Means To Save Euro From Italian Turmoil

May 29, 2018 / www.kitco.com

Marc JonesLONDON (Reuters) - Investors are again speculating what the European Central Bank could do to solve the problem of a surge in Italy’s debt yields that is causing stress for Italian banks and reviving questions about a euro break up.The stakes will be huge if a repeat election in the euro zone’s third-largest economy become a de facto referendum on Italy’s membership of...Read More

#Blockchain 101 #Podcast - Eps 4 - Jonathan Hamel

May 29, 2018 / www.stockhouse.com

This is the fourth in our series of Stockhouse Blockchain and Cryptocurrency 101 podcasts. These podcast interviews, with some of the industry's most successful and influential professionals, are designed to help investors understand the complexities and nuances required prior to investing in...Read full newsRead More

Senior North Korea envoy to hold talks in U.S. about summit

May 29, 2018 / www.kitco.com

SEOUL/WASHINGTON (Reuters) - A senior North Korean official is headed to New York for talks with U.S. Secretary of State Mike Pompeo, the latest indication that an on-again-off-again summit between President Donald Trump and North Korea’s leader may go ahead next month.“We have put a great team together for our talks with North Korea,” Trump said in a Twitter post on Tuesday. &ld...Read More

DBRS says Italy government debt situation 'still manageable'

May 29, 2018 / www.kitco.com

LONDON (Reuters) - Italy’s government debt situation is still manageable despite the sharp rise in borrowing rates in recent days as the country’s long debt maturity profile and improved economic fundamentals are supportive, ratings agency DBRS told Reuters.A deepening political crisis in the euro zone’s third biggest economy has fueled a selloff in Italian assets and the euro on...Read More

Italians Are Causing Trouble Again

May 29, 2018 / www.kitco.com

(Kitco News) - Global financial markets were spooked Tuesday as Italian bank yields saw the biggest single-day surge on record for its 10-year bonds Tuesday, following escalating political turmoil in the country.The gold market has benefit from renewed "risk-off" sentiment as prices hold above $1,300 an ounce.The 48 basis-point rise in Italian 10-year government bond yields create significant mark...Read More

Italians Are Causing Trouble Again

May 29, 2018 / www.kitco.com

(Kitco News) - Global financial markets were spooked Tuesday as Italian bank yields saw the biggest single-day surge on record for its 10-year bonds Tuesday, following escalating political turmoil in the country.The gold market has benefit from renewed "risk-off" sentiment as prices hold above $1,300 an ounce.The 48 basis-point rise in Italian 10-year government bond yields create significant mark...Read More

XLF Put Players Strike as Bank Stocks Retreat

May 29, 2018 / www.schaeffersresearch.com

XLF is headed toward its longest monthly losing streak since 2011Bank stocks are crumbling today as geopolitical uncertainty boosts bond prices. Most recently, the 10-year Treasury yield was down 4.2% at 2.81%, while the Financial Select Sector SPDR Fund (XLF) has plunged 3.7% to trade at $26.80. The drop has sparked a rush of activity in XLF's options pits, with most of the action occurring on th...Read More

Italy May Return To Polls In July, Sources Say, Amid Market Rout

May 29, 2018 / www.kitco.com

Alberto Sisto, Steve SchererROME (Reuters) - Italy may hold repeat elections as early as July after the man asked to be prime minister failed to secure support from major political parties for even a stop-gap government, sources said on Tuesday, as markets tumbled on the growing political turmoil.Italy has searched for a new government since inconclusive elections in March, with the president fina...Read More

2 Biotech Stocks Moving In Opposite Directions After CFO Shakeup

May 29, 2018 / www.schaeffersresearch.com

Plus, Jefferies believes Infinera will continue to lag the marketThe Dow is down over 400 points this afternoon, as investors eye growing political tensions in Europe. Among individual stock movers today, biotech stocks Evolus Inc (NASDAQ:EOLS) and Revance Therapeutics Inc (NASDAQ:RVNC) are trending in opposite directions after a C-Suite shakeup, while tech concern Infinera Corp. (NASDAQ:INFN...Read More

W??hrungskrise in der T? 1/4 rkei: Goldpreis in Lira erreicht Rekordhoch

May 29, 2018 / lnkd.in

W??hrungskrise in der T? 1/4 rkei: Goldpreis in Lira erreicht RekordhochRead full newsRead More

Regional Fed banks backed holding discount rate steady: minutes

May 29, 2018 / www.kitco.com

WASHINGTON (Reuters) - All 12 regional Federal Reserve banks supported holding steady the interest rate commercial banks pay for emergency loans ahead of the central bank's latest policy meeting, minutes of Fed discount rate discussions showed on Tuesday.The U.S. central bank held the discount rate at 2-1/4 percent while also holding steady its benchmark lending rate at its May 1-2 meeting.The Fed...Read More

#Cannabis Prohibition Mythology: the Propaganda Continues

May 29, 2018 / www.stockhouse.com

As cannabis laws are now being normalized in Canada and (more gradually) around the world, cannabis facts are beginning to replace cannabis fiction - i.e. anti-cannabis propaganda.We now know that cannabinoids (the active ingredients in the cannabis plant) are produced naturally within the human b...Read full newsRead More

Lead Intraday Target – Lead Mcx Sell Call a36 given at price 167.10 Achieved 1st Target 166. Made CMP 166 low. Profit of 1.10 x 2 lot = 2.20 Points in lead tips

May 29, 2018 / mcx.freetips.tips

MCX LEAD INTRADAY TARGET TIPSLead Intraday Target – Lead Mcx Sell Call a36 given at price 167.10 Achieved 1st Target 166. Made CMP 166 low. Profit of 1.10 x 2 lot = 2.20 Points in lead tipsCALL ID a36 : Today Lead Tips - SELL Lead at CMP 167.10 - 167 (CMP 167) for target 166 - 165.10 with SL Above price 168.10 Read More

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