In a new report, Metals Focus says it sees the gold price hitting $1,450 per ounce before the end of 2018, spurred upward by a number of key factors.Read full newsRead More

NEW YORK (Reuters) - U.S. stocks extended losses and the S&P 500 hit a session low in Friday afternoon trading after Federal Reserve Chairman Jerome Powell said the U.S. central bank will likely need to keep raising interest rates to keep inflation under control.In a speech in Chicago on the U.S. economic outlook, Powell said the labor market appeared close to full employment. It was his first...Read More

NEW YORK (Reuters) - The dollar fell on Friday, undermined by the ongoing trade dispute between China and the United States and a report showing the U.S. economy in March created the fewest jobs in six months.The greenback slid against the safe-haven yen and Swiss franc in the wake of new comments from China.China on Friday warned it would fight back “at any cost,” hours after U.S. Pre...Read More

WASHINGTON (Reuters) - The Trump administration wants to require imported automobiles to meet stricter environmental standards in order to protect U.S. carmakers, the Wall Street Journal reported on Friday.Citing unnamed senior administration and industry officials, the Journal said President Donald Trump had asked several agencies to pursue plans to use existing laws to subject foreign-made cars...Read More

SAN FRANCISCO/WASHINGTON (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg on Friday endorsed U.S. legislation to regulate political ads across the internet, a concession to lawmakers days before he is scheduled to testify in two U.S. congressional hearings.Zuckerberg also said Facebook would begin requiring people who want to run ads on the social network addressing political issues to ver...Read More

It's a volatile trading day on Wall StreetTrade war fears have resurfaced, sending the major U.S. benchmarks spiraling into the red for the week. Among individual stocks making big moves today are drugmakers Incyte Corporation (NASDAQ:INCY) and NewLink Genetics Corp (NASDAQ:NLNK), as well as blockchain technology firm Longfin Corp (NASDAQ:LFIN). Here's a quick roundup of what's moving shares of IN...Read More

U.S. consumer debt rose in February by the least in five months as credit-card balances stalled, indicating Americans’ appetite for borrowing waned further after a fourth- quarter shopping spree.Highlights of Consumer Credit (February)Total credit rose $10.6b (est. up $15.5b) and follows an upwardly revised $15.6b Jan. gain (prev. $13.9b)Revolving credit outstanding rose $148m m/m...Read More

CBI put options have been very popular in recent weeksChicago Bridge & Iron Company N.V. (NYSE:CBI) stock is trading down 10% at $12.27 amid heavy volume, as questions continue to swirl around the company's planned merger with McDermott International (MDR). Investment firm Hotchkis & Wiley, a large MDR shareholder, recently released a letter stating its opposition to the merger. McDermott responde...Read More

(Bloomberg) - All the talk of a brewing global trade war may turn out to be more bark than bite, but investors in Chinese exchange-traded funds aren't taking any chances.China's Bosera Gold ETF has attracted $553.8 million so far this year, putting it on course for the biggest annual inflow since it was listed in Shenzhen in 2014. Investors are piling into bullion, taking holdings in all such fun...Read More

(Reuters) - U.S. energy companies added oil rigs for the third time in four weeks as crude prices drifted from a three-year high hit earlier this year amid concerns of a trade war between U.S. and China.Drillers added 11 oil rigs in the week to April 6, bringing the total count up to 808, the highest level since March 2015, General Electric Co's Baker Hughes energy services firm said in its closel...Read More

2pm: 88 Energy Ltd and Eland gush higher..Alaska-focused oil explorer 88 Energy Limited (LON:88E, ASX:88E) saw shares advance over 5% in London as the firm update on its operations at Project Icewine.The  firm said that a 450 sq km 3D seismic  programme was completed on March 28, highlighting that the work was finished on schedule and within budget.It expects processed data from the firs...Read More

The shares are flirting with record highs, yet options remain attractiveBeverage concern SodaStream International Ltd (NASDAQ:SODA) appeared on Schaeffer's Senior Quantitative Analyst Rocky White's list of stocks that are currently trading near a 52-week high, but also sport a low Schaeffer's Volatility Index (SVI). This combination of stellar price action and relatively inexpensive short-term o...Read More

The gene-editing concern is no stranger to bullish analyst attentionThe shares of Crispr Therapeutics AG (NASDAQ:CRSP) are bucking today's broad-market headwinds, thanks to a positive analyst note at Goldman Sachs. Specifically, the brokerage firm launched coverage on the gene editing concern with a "buy" rating and an $86 price target -- more than double yesterday's close -- and waxed optimistic...Read More

WASHINGTON (Reuters) - U.S. Treasury Secretary Steve Mnuchin said on Friday that U.S. officials including himself are in regular communication with China as a tariff dispute escalates between the two countries.“We are willing to negotiate. We are in communication with them regularly,” Mnuchin said in an interview with CNBC. “I am in communications.”“On the one hand, w...Read More

MOSCOW (Reuters) - The United States imposed sanctions on Friday against Russian businessmen, companies and government officials.Below are the names of the most prominent businessmen targeted along with their main assets/connections and extracts from the U.S. Treasury statement.DESIGNATED RUSSIAN OLIGARCHSOLEG DERIPASKA, main owner of En+, co-owner of Rusal and Norilsk NickelDeripaska is ranked by...Read More

The Dow, S&P, and Nasdaq are headed toward weekly lossesTrade and tech dominated headlines this week, so much so that Friday's big March jobs miss was just a blip on Wall Street's radar. Volatility ramped up, too, as Washington and Beijing exchanged tariff jabs, sending stocks with exposure to China -- including automakers, food processors, and fertilizer firms -- on a roller-coaster ride. More br...Read More

TODAY NICKEL TARGET TIPSToday Nickel Target Tips – nickel Sell call 49c given for 2 lot at 855.80 Achieved Target level 850. CMP 848.50. Total profit made 5.8 x 2 lot = 11.60 PointsCALL ID 49c : Nickel Trading call - SELL Mcx Nickel at CMP 855.80 for Target 850 with SL Above price 860 with 2 lotsAFTER POST CONTENT Read More

The US Non-Farm Payroll numbers disappointed to the downside.  Gold bulls have found support at the $1,320 level, and the next crucial resistance is seen at $1,345.  Gold is trading at around $1,331 up 0.37% on Friday as the US Non-Farm Payroll (NFP) in March came in below expectations at 103K versus 193K forecast by analysts. The Average Hourly Earnings matched analysts'...Read More

MOSCOW, April 6 (Reuters) - The U.S. government's decision to include Russian magnate Oleg Deripaska on its sanctions blacklist on Friday will reverberate around the world because his business empire has a global footprint and counts major multinationals as partners.Washington imposed sanctions on seven Russian oligarchs, 12 companies they own or control, as well as 17 senior Russian government of...Read More

Lead Target Call – Lead Mcx Sell call 494 given for 2 lot at price 154.55 Achieved 1st Target 153.70. Total profit made 0.85 x 2 lot = 1.70 Points494 : Mcx Lead Call - SELL Lead at CMP 154.55 for Target 153.70 - 153.30 with SL Above price 155.50. Trade 2 lotsAFTER POST CONTENT Read More