OTTAWA (Reuters) - Canada’s most populous province looks set to elect as premier in June a plain-spoken Progressive Conservative often compared to U.S. President Donald Trump, setting the stage for a fight on many fronts with Liberal Prime Minister Justin Trudeau.Doug Ford, the bombastic brother of Toronto’s late, crack-smoking mayor, Rob Ford, enjoyed a strong lead in opinion polls ah...Read More

U.S. producer prices barely rose in April after strong gains in the first quarter. Inflation was contained by a moderation in the cost of both goods and services. The data could ease fears that inflation pressures were rapidly building up. Published 12 Hours AgoUpdated10 Hours AgoReuters show chapters April’s producer price index rises   12 Hours Ago |00:59 U.S. producer p...Read More

Oil stocks are on the rise after the U.S. withdrew from the Iran nuclear dealIn the wake of President Donald Trump's decision to pull the U.S. out of the Iran nuclear deal, oil prices have skyrocketed. At last check, June-dated crude was up 2.9% at $71.07 per barrel. Oil stocks are enjoying the bounce, including Anadarko Petroleum Corporation (NYSE:APC) and Callon Petroleum Company (NYSE:CPE),...Read More

   •  A modest USD profit-taking slide prompts short-covering from an important support.   •  Weaker equities underpin safe-haven demand and provide an additional boost.   •  US PPI eyed for some trading impetus ahead of Thursday’s more relevant CPI print. Gold once again managed to bounce off the very important 200-day SMA and has...Read More

Energy stocks CVX and XOM are some of the Dow's bet performersStocks are cautiously higher at midday, with oil prices on the mend following the U.S. decision to withdraw from the Iran nuclear deal. June crude futures have soared 2.7% to $70.90 per barrel, at last check, and energy stocks are lifting the S&P 500 Index (SPX). Likewise, oil giants Chevron (CVX) and Exxon Mobil (XOM) are near the top...Read More

Nvidia will report earnings after the close tomorrowGraphics processing units maker Nvidia Corporation (NASDAQ:NVDA) is scheduled to report first-quarter earnings after tomorrow's close. The stock has been in a long-term uptrend, and earlier topped out at a record high. Given NVDA's history of positive earnings reactions, the security could be in store for even more upside tomorrow, with the optio...Read More

Aluminium Tips Online – Aluminium Sell call 815 given at price 161 Achieved 1st Target 160.20 (Made Exact low 160.20) Total profit of 0.8 x 2 lot = 1.6 PointsTIPS ID 815 : Aluminium Calls - Aluminium SELL at CMP 161 For Target 160.20 - 159.60 With SL Above 162. Trade 2 lotsAFTER POST CONTENT Read More

Hard-line lawmakers celebrated President Donald Trump's decision to pull out of the Iran deal by burning a paper US flag and shoutingRead full newsRead More

MEXICO CITY (Reuters) - Mexico’s economy minister Ildefonso Guajardo said “all the issues” are on the table as talks between the United States, Canada and Mexico to rework the North American Free Trade Agreement (NAFTA) continued on Wednesday.Canadian Foreign Minister Chrystia Freeland, U.S. Trade Representative Robert Lighthizer and Guajardo are in Washington pushing to hammer o...Read More

Gold is the most emotional asset class.What exactly does the Midas Touch Gold model entail?The model has been neutral since February.Ascending triangle should take gold towards $1,500.Silver might celebrate a strong comeback. Final pullback before the summer rally has started We have been very patient over the last couple of months regarding gold. Now it looks as our main scenario with a pullback...Read More

WASHINGTON (Reuters) - The United States will continue working with its allies to ensure Iran does not acquire a nuclear weapon, U.S. Defense Secretary Jim Mattis said on Wednesday, a day after President Donald Trump withdrew from an international nuclear deal with Tehran.“We will continue to work alongside our allies and partners to ensure that Iran can never acquire a nuclear weapon, and w...Read More

WASHINGTON (Reuters) - President Donald Trump’s nominee to be CIA director, Gina Haspel, said on Wednesday the United States needs to do more to address what she described as China’s “overt and illicit efforts to steal” U.S. technology.U.S. government agencies, and members of Congress, have recently made a series of moves aimed at stopping or reducing access by some Chinese...Read More

NEW YORK (Reuters) - Galaxy Digital Capital Management LP, the cryptocurrency asset management firm founded by former macro hedge fund manager Mike Novogratz, launched an index on Wednesday in cooperation with Bloomberg to track performance of 10 virtual coins, the companies said in a statement.The index, called Bloomberg Galaxy Crypto Index, will track some of the largest virtual currencies tradi...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

Aluminium Calls – Aluminium SELL at CMP 161 For Target 160.20 – 159.60 With SL Above 162. Trade 2 lotsAFTER POST CONTENT Read More

NEW YORK (Reuters) - The dollar fell on Wednesday from its strongest levels in 2018 against a basket of currencies due to mild profit-taking, but is expected to resume its rise due to solid U.S. economic growth and more interest rate increases from the Federal Reserve.The weaker greenback stemmed from a bounce in the euro, which hit a fresh year-to-date low in earlier trading.“There’s...Read More

Nickel Calls – SELL Mcx Nickel if price around 938 – 939 (CMP 936) for Target 931 – 924 with SL Above price 947.80. Enter at Specified LimitAFTER POST CONTENT Read More

(Kitco News) - Gold priceshave moved to their session highs in late-morning tradingWednesday, at the same time the U.S. dollar index has dropped below unchangedand is trading near its daily low. Some short covering in the futures marketand perceived bargain hunting in the cash market are helping to lift the yellowmetal. Junegold futures were last up $3.00 an ounce at $1,316.80.  By Jim Wyckof...Read More

May 9 (Reuters) - Canada's main stock index climbed higher on Wednesday, as oil prices hit 3-1/2-year highs after President Donald Trump pulled the United States out of an international nuclear deal with Iran.* At 9:42 a.m. ET (1342 GMT), the Toronto Stock Exchange's S&P/TSX Composite Index rose 38.91 points, or 0.25 percent, to 15,881.62.* The U.S. withdrawal from the deal with Iran cast unce...Read More