A yield curve rising from extremely low levels is a worst-case scenario for stocksTreasury yields made the news recently when the 10-year Treasury yield hit 3% for the first time since early 2014. Shorter-term rates have been increasing even faster. The spread between the 2-year and 10-year Treasury yields has narrowed to its lowest level since late 2007, just before the 2008 stock market crash. T...Read More

Point Loma Resources (CVE:PLX) CEO Terry Meek tells Proactive Investors Point Loma acquired oil and natural gas liquid assets in the West Central area of Alberta in a receivership deal with a private company. The deal increases potential drilling opportunities.The property would add net operating income of C$1.3mln annualized and adds production of around 450 barrels of oil equivalent per day. &nb...Read More

WASHINGTON (Reuters) - U.S. Trade Representative Robert Lighthizer said on Tuesday it was not his objective to change China’s economic system, but he would try to find ways to limit the damage it causes to the United States and open it further for U.S. companies.Speaking at the U.S. Chamber of Commerce ahead of his participation in a Trump administration trade delegation to China later this...Read More

MEXICO CITY (Reuters) - The United States, Mexico and Canada should be able to conclude the renegotiation of the North American Free Trade Agreement (NAFTA) if enough creativity and flexibility are shown, Mexican Economy Minister Ildefonso Guajardo said on Tuesday.Speaking at a news conference, Guajardo also told reporters that his government would not accept any potential U.S. tariffs on Mexican...Read More

WASHINGTON (Reuters) - U.S. Trade Representative Robert Lighthizer said on Tuesday it was not his objective to change China’s economic system, but he would try to find ways to limit the damage it causes to the United States and open it further for U.S. companies.Speaking at the U.S. Chamber of Commerce ahead of his participation in a Trump administration trade delegation to China later this...Read More

Lindsay DunsmuirWASHINGTON (Reuters) - The U.S. Federal Reserve is set to hold interest rates steady this week but will likely further encourage expectations that it will lift borrowing costs in June on the back of rising inflation and low unemployment.Investors have all but priced out the chance of a rate hike at the end of the Fed’s two-day policy meeting on Wednesday, particularly given i...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday said he may go to Jerusalem, where the United States is moving its embassy from Tel Aviv later this month.Trump made the comment to reporters at the White House. Earlier on Tuesday, Israeli Prime Minister Benjamin Netanyahu told Fox News in an interview that he would love to have the U.S. president visit the city. Trump also suggested l...Read More

THC is trading near the top of the NYSE today The Dow is moving lower today, down triple digits after a rough round of pharma earnings. Toymaker Mattel, Inc. (NASDAQ:MAT) and e-commerce specialist Shopify Inc (NYSE:SHOP) are struggling as well, while healthcare name Tenet Healthcare Corp (NYSE:THC) is bucking the broad market trend. Here's a closer look at how shares of MAT, SHOP, and THC are t...Read More

Africa focussed explorer Cora Gold Limited (LON:CORA) soared some 33% higher after revealing what the company described as "exciting high grade results" from drilling at the Tekeledougou project area in Mali.Mobile-commerce group ATTRAQT Group plc (LON:ATQT) saw its shares 11% higher with the news of a new chief executive appointment, with Luke McKeever joining later this month, additionally, a re...Read More

BEVERLY HILLS, Calif (Reuters) - The following are highlights from this week’s Milken Institute Global Conference in Beverly Hills:CHRISTOPHER GIANCARLO, CHAIRMAN OF UNITED STATES COMMODITY FUTURES TRADING COMMISSION, ON BITCOIN:“We need to take a moment and respect this generation’s interest in this new instrument (bitcoin). Not with derision, but with a little bit of attention...Read More

BEVERLY HILLS, Calif (Reuters) - The following are highlights from this week’s Milken Institute Global Conference in Beverly Hills:CHRISTOPHER GIANCARLO, CHAIRMAN OF UNITED STATES COMMODITY FUTURES TRADING COMMISSION, ON BITCOIN:“We need to take a moment and respect this generation’s interest in this new instrument (bitcoin). Not with derision, but with a little bit of attention...Read More

The ETF is trading more than 2% lower todaySteel stocks are taking a hit today, after President Donald Trump extended tariff exemptions for the European Union, Canada, and Mexico to June 1, allowing an additional 30 days for trade negotiations. Against this backdrop, the SPDR S&P Metals & Mining ETF (XME) is down 2.3% at $34.16, and options bears are cashing out.Taking a quick step back, nearly 9,...Read More

CARACAS (Reuters) - Presidential candidate Henri Falcon pledged on Tuesday to raise Venezuela’s minimum wage to $75 per month in a newly-dollarized economy should he beat the ruling socialists in a May 20 vote.Falcon slammed President Nicolas Maduro’s announcement on the eve of May Day that he was raising the minimum monthly salary to 1 million bolivars - the third increase this year,...Read More

Nexus Gold Corp. (TSXV:NXS,OTC:NXXGF,Frankfurt:N6E) reports management and board changes.Read full newsRead More

OTTAWA (Reuters) - Canada will push for a permanent exemption from U.S. steel and aluminum tariffs but the U.S. administration’s decision to postpone them is a “step forward”, Canadian Foreign Minister Chrystia Freeland said on Tuesday.Canada has argued that the tariffs, which had been set to go into effect on Tuesday, would hurt jobs in both countries.The Trump administration sa...Read More

Wallbridge Mining Company Ltd. (TSX:WM, FWB:WC7) ('Wallbridge' or the 'Company') is pleased to announce work onthe 35,000-tonne bulk sample at its Fenelon Gold Property is ahead of schedule and that the following milestones have been achieved:Read full newsRead More

A massive put spread just crossed on CTXSSoftware stock Citrix Systems, Inc. (NASDAQ:CTXS) has continued to push higher following last week's earnings-induced bull gap, earlier tapping an all-time high of $104.88. At last check, the shares were trading up 1.4% at $104.30, putting their year-to-date gain at 18.5%. The move comes thanks in part to Goldman Sachs, which added Citrix to its "Conviction...Read More

Ivan Dunleavy chats to Proactive Investors after recently taking up the role of non-executive chairman at One Media IP Group PLC (LON:OMIP).Dunleavy ran Pinewood Studios for 17 years until its sale in 2016 for ?323mln.Heightened interest in One Media comes at a time when the music industry is in the middle of yet another sea-change in the way content is delivered, and the company believes its at...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday criticized U.S. media reports that U.S. Special Counsel Robert Mueller has compiled a list of more than 40 questions to ask the president as part of his probe into Russia’s election meddling.Mueller’s list of at least four dozen questions include ones on Trump’s ties to Russia and others to determine whether the presid...Read More

(LPC) - The size of fund financing loans is increasing along with banks’ exposure to the US$400bn market as managers raise ever-larger funds, but the wall of cash pouring into the sector is also encouraging smaller debt funds to leverage portfolios to maintain returns.Up to 50 banks are now competing to offer subscription lines of up to ?,?2bn to support multi-billion dollar private equity f...Read More