(Kitco News) - Gold pricesweremoderately up and hit a five-week high in early-afternoon U.S. trading Monday.Bullish traders stepped in to buy the overnight dip as the U.S. day session gotunder way. The technical posture of the gold market has improved markedly justrecently, which is inspiring more chart-based buying interest. April Comex gold futures were last up $5.30 an ounce at $1,355.20. May C...Read More
(Kitco News) - Gold prices were moderately up and hit a five-week high in early-afternoon U.S. trading Monday. Bullish traders stepped in to buy the overnight dip as the U.S. day session got under way. The technical posture of the gold market has improved markedly just recently, which is inspiring more chart-based buying interest. April Comex gold futures were last up $5.30 an ounce at $1,355.20....Read More
MCX ZINC TARGET CALLZinc Target Call – Zinc Mcx BUY Call 253 given at price 207.90 Achieved 1st Target 208.90. Total profit of 1 Points x 2 lot = 2 Points / Rs 10000 in Zinc tipsTIPS ID 253 : Tips for Zinc Today - BUY Zinc 2 lot at CMP 207.90 for Small Target 208.90 - 209.50 with SL below price 206.80AFTER POST CONTENT Read More
JOHANNESBURG (Reuters) - South Africa’s anti-corruption agency is investigating a 671 million rand ($60 million) government contract with German software firm SAP, which has admitted misconduct in separate deals involving friends of ousted president Jacob Zuma.The Public Protector, an independent watchdog mandated by the constitution, said it had received an anonymous letter alleging due pro...Read More
BABA and X call options have been very popular of lateChinese e-commerce monster Alibaba Group Holding Ltd (NYSE:BABA) and steel stock United States Steel Corporation (NYSE:X) have been in the news following President Trump'strade ambitions. Amid the drama, weekly options volume for both stocks has been hot in recent weeks.Both BABA and X stocks landed on Schaeffer's Senior Quantitative Analyst...Read More
Lowe's is also in focus after its CEO retiredThe Dow is sporting a big lead today, thanks to positive China developments. Three stocks making notable moves are home improvement retailer Lowe's Companies, Inc. (NYSE:LOW), meal delivery specialist Blue Apron Holdings Inc (NYSE:APRN), and payments processor Square Inc (NYSE:SQ). Here's what's moving shares of LOW, APRN, and SQ. Lowe's Stock Rallies A...Read More
LONDON (Reuters) - European Union foreign ministers will consider what possible further measures could be taken against Russia by June, British Prime Minister Theresa May’s spokesman said on Monday following the expulsion of Russian diplomats from 14 other EU states.“The foreign ministers were tasked with going away and looking at if there were any further measures, more broadly, which...Read More
NEW YORK, March 26 (Reuters) - Turnover in emerging market debt fell more than 5 percent in 2017 compared with the previous year, a survey released on Monday showed.Emerging market debt trading reached $4.901 trillion last year, down 5.1 percent from the $5.167 trillion reported in 2016, according to a report by EMTA, the trade association for the emerging markets debt trading and investment indus...Read More
• Fading safe-haven demand/rising US bond yields prompts some profit-taking. • Persistent USD selling bias helps limit any immediate sharp corrective slide. Gold struggled for a firm direction and seesawed between tepid gains/minor losses, just below 5-week tops touched at the start of a new trading week. A combination of diverging forces faile...Read More
KATOWICE, Poland, March 26 (Reuters) - Poland's biggest mining firm, state-run PGG, expects its coal output to rise slightly this year from around 30 million tonnes in 2017, the company's Chief Executive Tomasz Rogala said on Monday."I think we will produce more than 30 million tonnes. This could be 30.6-30.7 million," Rogala told reporters.PGG, which accounts for about half of the amount of therm...Read More
LONDON (Reuters) - Britain and the European Union are looking at whether interim taxation is needed to ensure digital firms are paying the right amount of tax, Prime Minister Theresa May said on Monday.Britain's Prime Minister Theresa May leaves 10 Downing Street in Westminster, London, Britain, March 26, 2018. REUTERS/Hannah McKay"We believe that the best result is an international result, but it...Read More
Citron Research thinks SHOP should trade at $100Shopify Inc (NYSE:SHOP) is plummeting today, last seen down 5.8% at $133.40, after Citron Research released a report detailing the company's reliance on Facebook data. Citron believes the stock should trade back down at $100, as it believes Facebook will soon begin restricting the data it relies on -- describing it as a "major Facebook problem" in a...Read More
The U.S. and China have reportedly started negotiationsThe Dow Jones Industrial Average (DJI) is soaring, as reports the U.S. and China have started tariff negotiations help ease fears of a global trade war that sent the stock market spiraling last week. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also solidly higher at midday, even as Facebook (FB) stock drops into bear-market territ...Read More
March 26 (Reuters) - BMO Global Asset Management, owned by Canada's Bank of Montreal, on Monday appointed Bart Kuijpers as managing director and head of its fiduciary management business, effective April.Kuijpers joins from International Pension Platform, a provider of pension fund-related services, which he founded in 2014 via a joint venture with Swiss Re and Credit Suisse. (Reporting by Nikhil...Read More
(Kitco News)- The gold market has taken onegiant leap in to the futures after Tradewind Inc. officially launched anew digital gold platform Monday.The new gold exchange has been inthe works for more than two years, with the company receiving support frommajor players in the gold industry, including Sprott Inc and Goldcorp Inc.The firm said that its newdigital exchange is “expected to revolut...Read More
(Kitco News) - The gold market has taken one giant leap in to the futures after Tradewind Inc. officially launched a new digital gold platform Monday.The new gold exchange has been in the works for more than two years, with the company receiving support from major players in the gold industry, including Sprott Inc and Goldcorp Inc.The firm said that its new digital exchange is “expected to r...Read More
LONDON (Reuters) - Twitter Inc is to ban most advertising of cryptocurrencies on its platform, joining Facebook and Google in a clampdown on the nascent industry, the company said in a statement.The San Francisco-based firm will this week launch a policy that prohibits advertising of initial coin offerings (ICOs), a form of crowdfunding used to raise cash by creating new coins, as well as adverts...Read More
Tips for Zinc Today – BUY Zinc 2 lot at CMP 207.90 for Small Target 208.90 – 209.50 with SL below price 206.80AFTER POST CONTENT Read More
WASHINGTON (Reuters) - The U.S. Federal Trade Commission said on Monday it is conducting an open investigation of Facebook Inc’s privacy practices following the disclosure that 50 million users’ data got into the hands of political consultancy Cambridge Analytica.Reuters and other media outlets reported last week the FTC is reviewing whether Facebook violated a 2011 consent decree it r...Read More
DAKAR, March 26 (Reuters) - Democratic Republic of Congo's 2017 mining sector revenue rose 35.6 percent to $822.2 million while revenue from the oil and gas sector jumped by 103 percent to $203.9 million, finance ministry data showed.Mining revenue in the fourth quarter more than doubled helped by higher prices for key exports such as copper and cobalt, data in a quarterly report seen by Reuters o...Read More