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

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

Nickel Call – BUY 2 lot Nickel at CMP 993.40 for Small Target 999.40 – 1004.40 with Small SL 989.40AFTER POST CONTENT Read More

WASHINGTON (Reuters) - U.S. state and Canadian regulators have opened “as many as 70 investigations” into cryptocurrency scams, according to The Washington Post.The North American Securities Administrators Association is set to announce a wide-sweeping series of probes on Monday. The investigations, some of which have already concluded, are aimed at unregistered securities offerings an...Read More

Gertrude Chavez-DreyfussNEW YORK (Reuters) - The dollar climbed to a five-month peak on Monday as news of a truce between the United States and China on trade tariffs prompted investors to pare back their short positions on the greenback.Investors have been short the dollar since July last year, but since mid-February, the dollar index has rallied nearly 7 percent. The dollar has been mainly bolst...Read More

WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo on Monday threatened to impose the “strongest sanctions in history” against Iran if the country’s leadership did not change the course of its foreign and domestic policy.Weeks after the United States pulled out of an international nuclear deal with Iran, Pompeo spelled out a hardline approach towards the Islamic Republic...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump on Monday urged China on Monday to maintain a secure border with North Korea, pressing Beijing ahead of his anticipated meeting with North Korean leader Kim Jong Un next month aimed at denuclearization.“China must continue to be strong & tight on the Border of North Korea until a deal is made. The word is that recently the Border has bec...Read More

(Reuters) - U.S. stocks rallied broadly on Monday after the United States and China put a potential trade war “on hold” to work on a wider agreement, with sentiment also getting a boost from the nearly $28 billion worth of U.S. merger deals.U.S. Treasury Secretary Steven Mnuchin said on Sunday the United States and China had agreed to drop their tariff threats on billions of dollars wo...Read More

LONDON (Reuters) - Britain’s prime minister challenged scientists on Monday to help diagnose cancer earlier and create zero-emission cars, trying to reboot an industrial strategy all but eclipsed by Brexit, while acknowledging Britain’s reliance on foreign scientists.Theresa May, who is struggling to unite her top ministers over plans to leave the European Union, wants to broaden her a...Read More

The numbers: A measure of the U.S. economy from the Chicago Federal Reserve ticked higher in April from March as a stronger performance at factories and a healthy job market offset housing's weaker contribution. The Chicago Fed's index of national economic activity was a positive 0.34 last month, gaining from the upwardly revised positive 0.32 in March, though weaker than a downwardly revised pos...Read More

MoffettNathanson upgraded the social media stockShares of Snap Inc (NYSE:SNAP) are higher this morning, thanks to an upgrade to "neutral" from "sell" and a price-target hike to $9 from $7 at MoffettNathanson. Though the new price target still represents a 15% discount to Friday's close, the brokerage firm stated that the worst may be over for SNAP, as the company "reverses that ill-conceived rede...Read More

TSLA stock has struggled with resistance at the $310 level -- site of the average analyst price targetTesla Inc (NASDAQ:TSLA) stock is up 2.9% to trade at $284.82 this morning, after Berenberg raised its price target to $500 from $470, the highest among brokerages covering the stock and a nearly 76% premium to current levels. The analyst in coverage believes Tesla's Model 3 gross margin will surp...Read More

WASHINGTON (Reuters) - The U.S. Supreme Court delivered a blow to the rights of workers on Monday by allowing companies to require them to sign away their ability to bring class-action claims against management, agreements already in place for about 25 million employees.The justices, in a 5-4 ruling with the court's conservatives in the majority, endorsed the legality of the growing practice by co...Read More

WASHINGTON (Reuters) - The United States is ready to respond if Iran decides to resume its nuclear program, U.S. Secretary of State Mike Pompeo said on Monday in a speech outlining demands on Tehran to change its behavior.“Our demands on Iran are not unreasonable: give up your program,” Pompeo said in a speech outlining demands on Iran. “Should they choose to go back, should they...Read More

LONDON (Reuters) - Brent crude oil declined on Monday, surrendering early gains, though the prospect of an easing in trade tensions between the United States and China helped to stem losses.Brent crude futures eased by 12 cents to $78.39 a barrel by 1352 GMT (9.52 a.m. ET), having reached a session high of $79.19. U.S. crude futures were up 30 cents at $71.55.“Oil prices are finely balanced...Read More

Mcx Lead – SELL Lead at CMP 159.50 for 158.50 – 157.60 – 157.10 with SL Above price 160.80AFTER POST CONTENT Read More