WASHINGTON (Reuters) - A senior Chinese official told the United States on Wednesday if it wants peace with North Korea now is the time for a summit between U.S. President Donald Trump and North Korean leader Kim Jong Un.“I told our U.S. colleagues that if you want to solve the problem, now is the time. If you want peace, now is the time. If you want to make history, now is the time,”...Read More

Florence Tan, Hallie Gu, Dominique PattonSINGAPORE/BEIJING (Reuters) - China will import record volumes of U.S. oil and is likely to ship more U.S. soy after Beijing signalled to state-run refiners and grains purchasers they should buy more to help ease tensions between the two top economies, trade sources said on Wednesday.China pledged at the weekend to increase imports from its top trading part...Read More

(Reuters) - U.S. businesses borrowing to spend on capital goods was little changed in April from a year earlier, the Equipment Leasing and Finance Association (ELFA) said.Companies signed up for $7.9 billion in new loans, leases and lines of credit last month. Borrowing fell 13 percent from March.“Effects of new tax legislation signed into law late last year ... are serving to buoy business...Read More

(Kitco News) - Gold will fall to $1,250 an ounce by the end of the year on stronger U.S. dollar, but the move will be a temporary one, as the precious metal is due for a rally in 2019, said one analyst at ABN Amro.“I’ve been negative on gold for some time, so the drop below $1,300 was not surprising. Gold should go down to around $1,250 at the end of the year,” ABN Amro senior pr...Read More

Greece hopes to end a years-long standoff with Vancouver-based miner Eldorado Gold within the next few weeks.Read full newsRead More

(Reuters) - Shares of EVO Payments Inc (EVOP.O) rose as much as 26 percent in their debut on Wednesday, giving the company a market valuation of $1.54 billion.EVO’s shares opened at $20.05, above their initial public offering price of $16.The offering of 14 million Class A shares by EVO Payments and selling stockholders raised $224 million, after being priced at the upper-end of its projecte...Read More

(Reuters) - Shares of EVO Payments Inc (EVOP.O) rose as much as 26 percent in their debut on Wednesday, giving the company a market valuation of $1.54 billion.EVO’s shares opened at $20.05, above their initial public offering price of $16.The offering of 14 million Class A shares by EVO Payments and selling stockholders raised $224 million, after being priced at the upper-end of its projecte...Read More

MEXICO CITY (Reuters) - Mexico's central bank could raise interest rates or step up currency intervention if the peso continues to depreciate, according to a Reuters survey of analysts conducted in the last week.Of 19 experts consulted, 17 thought the central bank would take some kind of action if the peso continued to weaken.Seven of them expected the bank would raise its benchmark interest rate...Read More

(Reuters) - The S&P 500 erased losses to trade little changed on Wednesday after minutes from the last Federal Reserve meeting suggested higher inflation may not result in faster interest rate hikes.Most Fed policymakers thought it likely another interest rate increase would be warranted “soon” if the U.S. economic outlook remains intact, and that many participants saw little evide...Read More

(Reuters) - The S&P 500 erased losses to trade little changed on Wednesday after minutes from the last Federal Reserve meeting suggested higher inflation may not result in faster interest rate hikes.Most Fed policymakers thought it likely another interest rate increase would be warranted “soon” if the U.S. economic outlook remains intact, and that many participants saw little evide...Read More

(Kitco News) - Kitco aficionados, it isnow time to have your say in where you think gold prices are heading in theshort-term.Will gold prices go higher, lower or remain unchanged nextweek? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12PM EDT) along with the results fromour market professional survey.Readers can also se...Read More

(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More

COMEX gold has actually rallied in the days following five of these six rate hikes.The post-FOMC rallies have ranged from +6% all the way to +30%.We will soon see a significant rally in COMEX gold that is timed to begin sometime in early June, either just before or just after the FOMC of June 12-13.For the past three weeks, we've written and warned about a pending "Spec wash" that would drive gold...Read More

Zinc – Zinc BUY Call 991 given at price 207.65 Triggered SL at price 206.80. Total 0.85 Points SL hit in ZInc TipsTIPS ID 991 : Mcx Zinc Carry Call - BUY Zinc at CMP 207.65 for Target 209.50 - 210.40 with SL below price 206.80AFTER POST CONTENT Read More

Clementia is one of the worst Nasdaq stocks todayThe stock market is mixed this afternoon, as traders digest falling oil prices and the latest Fed meeting minutes, which signaled support for a June rate hike. Among individual stock movers today, drug name Clementia Pharmaceuticals Inc (NASDAQ:CMTA) is gapping lower, while fellow pharma concern KemPharm Inc (NASDAQ:KMPH) and jewelry retailer Ti...Read More

Hundreds of thousands of routers in multiple countries were effectedCisco Systems, Inc. (NASDAQ:CSCO) is trading lower today, after the company announced that a group of hackers have compromised more than 500,000 routers and other devices in several countries. Cisco suspects this was the work of the Russian government, and its ultimate plan was to launch a major cyber attack on Ukraine. Shares of...Read More

The shares are on track for their highest close since FebruaryThe U.S. stock market will be closed next Monday, May 28, for Memorial Day, and the holiday-shortened week has been bullish for the S&P 500 Index (SPX) over the long term. This pair of Apple suppliers have been notable outperformers during the four-day trading week, though fellow chip stock Advanced Micro Devices, Inc. (NASDAQ:AMD) can'...Read More

WASHINGTON (Reuters) - The U.S. Treasury said on Wednesday that it will soon propose regulations aimed at state measures intended to blunt the impact of a new Republican law that caps a longstanding federal tax deduction for state and local tax payments.The Treasury and Internal Revenue Service said new rules will clarify federal authority on deductions contributions to state and local governments...Read More

(Kitco News) - Gold prices arenear steady in afternoon U.S. trading Wednesday, in the wake of thejust-released FOMC minutes that were deemed as tilting barely toward the dovishcamp on monetary policy. June Comex gold futures were last down $0.30 an ounceat $1,291.70. July Comex silver was last down $0.14 at $16.435 an ounce. TheU.S. data-point highlight of the week is Wednesday afternoon’s r...Read More

WASHINGTON, May 23 (Reuters) - Most Federal Reserve policymakers thought it likely another interest rate increase would be warranted “soon” if the U.S. economic outlook remains intact, minutes of the central bank’s last policy meeting showed.The readout of the meeting, released on Wednesday, also included a call by some policymakers to revise the Fed’s monetary policy state...Read More