Lewis KrauskopfNEW YORK (Reuters) - The yield on the benchmark U.S. 10-year Treasury note hit its highest point in about seven years on Tuesday on the heels of a report that indicated a pick up in consumer spending, pushing the dollar to its highest level this year and weighing on stocks.The 10-year yield neared 3.1 percent, blowing through the key psychological level of 3 percent it hit in late A...Read More
NEW YORK (LPC) - US middle market companies and their private equity sponsors are focusing on growing through 'buy and build' strategies, rather than transformative acquisitions despite a surge in global merger and acquisition (M&A) activity, as they prepare for a possible macroeconomic downturn. Despite a generally benign economic climate now, toppy purchase prices and high debt multiples are...Read More
(Reuters) - A surge in U.S. government bond yields to their highest level in almost 7 years sent Wall Street shares sliding on Tuesday after strong retail sales data stoked inflation concerns and investors fretted about looming trade talks between the United States and China.All three major U.S. stock indexes were down nearly 1percent, on track to post their worst daily declines in three weeks.Inv...Read More
Lobo Tiggre, better known by his pen name Louis James, explains why he decided to start his own business and what topics he plans to cover at his new venture.Read full newsRead More
WASHINGTON (Reuters) - North Korea said it was suspending high-level talks with South Korea scheduled for later in the day on Wednesday due to U.S.-South Korean military exercises that it said went against the trend of warming North-South ties.North Korea's official Korean Central News Agency also cast doubt on whether next month's summit between North Korean leader Kim Jong-un and U.S. President...Read More
WASHINGTON (Reuters) - North Korea said it was suspending high-level talks with South Korea scheduled for later in the day on Wednesday due to U.S.-South Korean military exercises that it said went against the trend of warming North-South ties.North Korea's official Korean Central News Agency also cast doubt on whether next month's summit between North Korean leader Kim Jong-un and U.S. President...Read More
MINNEAPOLIS (Reuters) - San Francisco Federal Reserve President John Williams said on Tuesday the Fed’s current statement and its description of loose monetary policy “served its purpose” through years of crisis recovery, but will have to be replaced with a new sense of how the Federal Open Market Committee looks at the economy and the path of policy.“That language still wo...Read More
Howard SchneiderMINNEAPOLIS (Reuters) - Continued U.S. economic growth and a positive outlook have done nothing to raise the underlying neutral rate of interest, San Francisco Federal Reserve President John Williams said in remarks on Tuesday that highlight an intensifying debate at the central bank over how high rates might rise in its move to “normalize” monetary policy.At issue are...Read More
Nickel Commodity – Nickel BUY Call 89c given at price 987 CMP 992. Low risk taker book 5 Point x 2 lot = 10 Points Other Hold as per call89c : Today Nickel Tips - BUY Nickel at cmp 987 for Target 995 - 997 with SL below price 982. High Risk trader trade 2 lotsAFTER POST CONTENT Read More
TODAY NICKEL TIPSToday Nickel Tips – BUY Nickel at cmp 987 for Target 995 – 997 with SL below price 982. High Risk trader trade 2 lotsAFTER POST CONTENT Read More
WASHINGTON (Reuters) - North Korea said on Wednesday it had no choice but to suspend high-level talks with South Korea scheduled for later in the day due to U.S.-South Korean military exercises that went against the trend of warming North-South ties.The meeting was due to focus on plans to implement a declaration that emerged from an April 27 inter-Korea summit, including promises to formally end...Read More
Howard Schneider, Ann SaphirMINNEAPOLIS/SAN FRANCISCO (Reuters) - Federal Reserve Chair Jerome Powell’s top deputies are edging towards an open dispute over basic elements of monetary policy in a clash that could shape the pace of interest-rate hikes in coming months as well as longer-term questions of how policy is conducted.Fault lines are emerging across immediate issues like the estimate...Read More
ARWR stock hit a multi-year high on Monday before swinging lowerArrowhead Pharmaceuticals Inc (NASDAQ:ARWR) gapped to a three-year high of $10.10 yesterday, before swinging to a loss. Today, the shares have resumed their longer-term uptrend, adding 2.3% to trade at $9.64. The drug stock has added more than 163% already in 2018, and one options trader today appears to be bracing for a second-half p...Read More
Aluminium Today Tips – BUY Aluminium at CMP 156.50 Add more buy if price 155.90 with SL 155.40 for Target 157.50 – 158.0. RISK taker trade 2 lotsAFTER POST CONTENT Read More
NEW YORK (Reuters) - A Lamborghini costs about 23 bitcoins, which might not seem like much, unless you owned the cryptocurrency in December, in which case you could have bought one of the $200,000 luxury cars for just 10 of them.Such was the conversation at Consensus, a three-day crypto event happening in Midtown Manhattan this week. Lamborghinis lined the entrance for a publicity stunt on Monday,...Read More
* 10-yr US yield nears 3.1 pct, hits highest since July 2011* Data shows U.S. consumer spending picking up* Dollar hits 2018 peak, Wall Street indexes drop* Oil prices gain, boosted by Iran fears (Updates with afternoon trading)NEW YORK, May 15 (Reuters) - The yield on the benchmark U.S. 10-year Treasury note hit its highest point in about seven years on Tuesday on the heels of a report that indic...Read More
ZINC TARGET LEVEL TODAYZinc Target Level – Zinc BUY Call 895 given at price 207.50 Achieved 1st Target 208.50. CMP 208.60. Total 1.10 x 2 lot = 2.20 Points Profit at CMPTIPS ID 895 : Tips for Zinc - Buy Zinc at CMP 207.50 for Target 208.50 - 209.20 with Small SL Below 206.70. RISK taker trade 2 lotsAFTER POST CONTENT Read More
Aluminium Trading – Aluminium Commodity Sell call 88f given at 157.15 Achieved 1st 156, 2nd Target 155.2 and Almost 3rd Target 154.50 (Made 154.60 low) Profit of 2.55 x 2 lot = 5.10 PointsTIPS ID 88f : Aluminium Tips - SELL Aluminium at CMP 157.15 for Target 156 - 155.20 - 154.50 with SL Above price 158.60AFTER POST CONTENT Read More
Canada NewsWireVANCOUVER, May 15, 2018VANCOUVER, May 15, 2018 /CNW/ - Golden Reign ResourcesLtd. (TSX-V: GRR) (Read full newsRead More
Copper is known as "man's first metal", and for over 10,000 years, it's been used in applications ranging from architecture to coinage.However, it was Michael Faraday's discovery of electromagnetic induction in 1831 that turned demand on its head for the red metal. As the world used more and more electricity, copper became known as the obvious choice as an electrical conductor.Every year, humans...Read More