BERLIN (Reuters) - Germany’s federal cyber agency called on chip and hardware-makers to address new vulnerabilities discovered in computer central processing units, but said no complete fix was possible at the moment.The BSI agency said its analysis showed the new flaws, dubbed Spectre-Next Generation, resembled the Meltdown and Spectre bugs discovered in January and could allow attackers to...Read More

Medha Singh(Reuters) - U.S. stocks climbed on Monday after the United States and China put their trade differences “on hold” to work on a wider agreement, while sentiment was also buoyed by the nearly $28 billion worth of merger activity.The truce sparked a broad rally, with all the 11 major S&P sectors higher and the small-cap Russell 2000 hitting a record high for the fourth sess...Read More

(Kitco News) - Gold seems to be stuck below the $1,300 an ounce level for the next few months, according to ABN Amro. The Dutch bank expects gold to hit $1,275 at the end of June and then fall down to $1,250 by the end of September.Main pressures dragging gold down in the near future will remain higher U.S. dollar and rising U.S. Treasury yields, the bank said in its Precious Metals Watch report o...Read More

ROME (Reuters) - Italy’s anti-establishment 5-Star Movement and the far-right League will seek the backing of the president on Monday for their candidate to lead a coalition government whose plans to jack up spending have roiled financial markets.Eleven weeks after an inconclusive election, the rival parties are poised to put forward a prime minister whose program - agreed last week - calls...Read More

(Bloomberg) - The U.S. Supreme Court agreed to consider overturning a ban on mining at the site of the nation's largest known uranium deposit, heeding calls from the Trump administration and the companies that own the Virginia land.Virginia Energy Resources Inc. and other companies contend in their appeal that the state ban runs afoul of the U.S. Atomic Energy Act. They say that law puts the subje...Read More

(Reuters) - Atlanta Federal Reserve Bank President Raphael Bostic said on Monday the U.S. economy is close to meeting the Fed’s employment and inflation goals, with growth of around 2.5 percent expected this year.In prepared remarks to an economic group in Atlanta he did not update his views on interest rates, but has recently said he has a base case for two additional rate increases this ye...Read More

The retailer will report earnings ahead of tomorrow's openRetail earnings will continue to trickle in this week, with department store chain Kohl's Corporation (NYSE:KSS) scheduled to report its first-quarter results before the market opens tomorrow, May 22. KSS stock has averaged a next-day move of 6.9% over the past eight quarters, yet this time around, the options market is pricing in a much l...Read More

A conversation with Michael Scherb, founder of private equity firm Appian CapitalAppian Capital Advisory founder & CEO Michael Scherb, a dual Austrian-Singaporean national, started his career structuring foreign investment into burgeoning China pre-supercycle before joining the mining team at JP Morgan Cazenove in London. He worked on deals as diverse as Rio Tinto's $153 billion 2008 defence again...Read More

A conversation with Michael Scherb, founder of private equity firm Appian CapitalAppian Capital Advisory founder & CEO Michael Scherb, a dual Austrian-Singaporean national, started his career structuring foreign investment into burgeoning China pre-supercycle before joining the mining team at JP Morgan Cazenove in London. He worked on deals as diverse as Rio Tinto's $153 billion 2008 defence again...Read More

A conversation with Michael Scherb, founder of private equity firm Appian CapitalAppian Capital Advisory founder & CEO Michael Scherb, a dual Austrian-Singaporean national, started his career structuring foreign investment into burgeoning China pre-supercycle before joining the mining team at JP Morgan Cazenove in London. He worked on deals as diverse as Rio Tinto's $153 billion 2008 defence again...Read More

BEIJING (Reuters) - China’s government on Monday praised a significant cooling of trade tensions with the United States, saying agreement was in both nations’ interests while state media trumpeted what it saw as Beijing’s refusal to surrender to U.S. economic threats.China’s relief, coming after talks last week between the world’s two largest economies, elicited mixed...Read More

Forevermark, the diamond brand from De Beers Group, today announced the launch of Libert'aimeTM by Forevermark, a new flagship store at HKRI Taikoo Hui in Shanghai. The opening marks the 1,000th Forevermark store in China, and comes as the brand celebrates its 10-year anniversary in the country.Created to celebrate the spirit of a new generation of women who are strong, unique, and authentic, Lib...Read More

U.S. Treasury Secretary Mnuchin said the trade war is on holdU.S. stocks are soaring in afternoon trading, continuing to celebrate Treasury Secretary Steve Mnuchin's statement that "We are putting the trade war on hold." Specifically, the Dow Jones Industrial Average (DJI) is up more than 250 points -- and earlier surpassed 25,000 for the first time in two months -- amid the decreased trade tens...Read More

MU and GE shares are sharply higher todaySchaeffer's Senior Quantitative Analyst Rocky White compiled a list of the 20 stocks that saw the heaviest options volume over the past 10 days, with names in yellow new to the list since the last time the study was run. Two stocks worth taking a closer look at today are Micron Technology, Inc. (NASDAQ:MU) and General Electric (NYSE:GE), as both make strong...Read More

WASHINGTON (Reuters) - U.S. and Canadian state securities regulators announced Monday they have launched dozens of investigations into cryptocurrency scams.The North American Securities Administrators Association announced the wide-ranging series of probes on Monday, dubbed “Operation Crypto-Sweep.” The investigations, some of which have already concluded, are aimed at unregistered sec...Read More

LONDON (Reuters) - Gold marked a new low for the year on Monday after U.S. Treasury Secretary Steven Mnuchin’s declaration that a trade war between China and the United States was “on hold” helped boost appetite for higher risk assets such as stocks and the dollar.Buoyancy in U.S. Treasury yields also weighed on appetite for non-interest bearing assets such as bullion, analysts s...Read More

   •  A follow-through USD upsurge prompts some fresh selling on Monday.   •  Risk-on mood, a renewed uptick in the US bond yields add to the pressure. Gold came under some renewed selling pressure on Monday and refreshed yearly lows, albeit has managed to recover a bit to currently trade around the $1285 area.  The precious metal finally broke down its...Read More

WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin on Monday said major issues remained in talks between the United States, Mexico and Canada to renegotiate the North American Free Trade Agreement(NAFTA).“There are still some very significant, open issues,” Mnuchin said in an interview on CNBC.“We’ll see where we get over the next few weeks,” he said, addin...Read More

HONG KONG (Reuters) - China is considering ending the limits it sets on the number of children a family can have, Bloomberg reported on Monday, citing people familiar with the matter.China’s population is aging rapidly, with the number of births falling by 3.5 percent to 17.23 million last year despite the country’s decision in late 2015 to relax the controversial “one-child&rdqu...Read More

Source: Rudi Fronk and Jim Anthony for Streetwise Reports 05/18/2018Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, reflect on market factors that are driving current fluctuations in the gold price.For nearly four months now, gold has been pressured lower by a rising dollar; the inverse correlation has been almost exact. Gold has dropped 5.2% from its January 25, 2018 close of $1,362...Read More