WASHINGTON (Reuters) - Steve Bannon, President Donald Trump’s former chief strategist and 2016 campaign CEO, had a fiery response on Wednesday to Wall Street’s dim view of Trump’s trade actions against China.“Ask the working people in Ohio, Pennsylvania and Michigan about Wall Street. Wall Street supported and cheered on the export of their jobs. To hell with Wall Street if...Read More

David IngramSAN FRANCISCO (Reuters) - Facebook Inc (FB.O) said on Wednesday that the personal information of up to 87 million users may have been improperly shared with political consultancy Cambridge Analytica, up from a previous news media estimate of more than 50 million.Most of the 87 million people whose data was shared with Cambridge Analytica, which worked on U.S. President Donald Trump&rsq...Read More

(Reuters) - As equity markets show increasing fragility, investors are looking for any sign that selling pressure will wane. Some of those markers could be found in the charts favored by technical analysts - although they suggest investors still face considerable risk. With the S&P 500 .SPX closing on Monday below its 200-Day Moving Average for the first time since the June 2016 Brexit pa...Read More

Risk-on is back with stocks higher, lower yen and a steady US Dollar. Gold reverses down sharply off the 1,348.40 resistance. Gold is trading at about $1,334.40 up 0.15%  as the European forex session is coming to an end on Wednesday. Earlier in the day, the yellow metal rose as high as $1,348.40 to a one-week high as fears about a trade war escalated between China and the United State...Read More

OTTAWA/MEXICO CITY (Reuters) - Mexico, Canada and the United States have made good progress in their bid to rework the NAFTA trade pact but still have work to do, Canadian Foreign Minister Chrystia Freeland said on Wednesday.Freeland also said she would be flying to Washington for a meeting on Thursday with U.S. Trade Representative Robert Lighthizer, who is pushing hard for a quick deal in princi...Read More

Copper Tips – BUY Copper at CMP 431.0 Add more if price 429 with SL 427.9 for Target 433.90 – 435.50. RISK taker trade 2 lotsAFTER POST CONTENT Read More

Andrew Prelea, chief executive of Vast Resources PLC (LON:VAST) discusses the changes to Zimbabwe's export credit rules and the 'significant' impact he's expecting it to have on the company's earnings.The Reserve Bank of Zimbabwe raised the Export Credit Incentive (ECI) paid to all gold miners to 10% from 2.5% in February.  Meet ANGLE plc, Faron Pharmaceuticals Ltd, Alliance Pharma plc, Clini...Read More

Andrew Prelea, chief executive of Vast Resources PLC (LON:VAST) discusses the changes to Zimbabwe's export credit rules and the 'significant' impact he's expecting it to have on the company's earnings.The Reserve Bank of Zimbabwe raised the Export Credit Incentive (ECI) paid to all gold miners to 10% from 2.5% in February.  Meet Southern Gold, Carnarvon Petroleum Ltd, Petsec Energy Ltd, Parad...Read More

On Wednesday gold capitalized on the dramatic drop in US equities, briefly piercing the $1,350 an ounce level only to end the day at breakeven as stock markets staged a remarkable recovery.Year to date gold has gained just under 4% as the metal extends a bull run in place since end-2015. Gold bottomed at a whisker under $1,050 after a four-year slide from all-time highs in 2011 above $1,900.While...Read More

Tips for Nickel – BUY Nickel at CMP 854.50 for Target 862 – 868 with SL below price 845.50AFTER POST CONTENT Read More

Analysts maintain bullish views on gold following the US Fed rate hike.Higher inflation seen along with labor market slack is rapidly diminishing in the U.S.Equity correction would be an attractive entry point for medium to long-term positions. Image source: Shutterstock Investment Thesis Gold price has outperformed after six cycles of US Fed tightening. More investors wait on the sidelines for fu...Read More

DAILY LME DATALME INVENTORY REPORT TODAY : 04/04/2018Aluminium -11125 MT Copper -4950 MT Nickel -1548 MT Lead -75 MTTin +40 MTZinc -2150 MTAFTER POST CONTENT Read More

(Reuters) - Activist hedge fund Starboard Value LP nominated directors this week to challenge the board of directors of U.S. shopping mall owner Macerich Co (MAC.N), people familiar with the matter said on Wednesday.Starboard may replace the majority of Macerich’s board, the sources said, asking not to be identified because the matter is confidential.Macerich and Starboard declined to commen...Read More

MCX ALUMINIUM TIPS ONLINEMcx Aluminium Tips Online – BUY Aluminium at CMP 129.60 Add more if price 128.90 with SL 128.50 for Target 130.50 – 131.40. RISK taker trade with 2 lots and Low risk taker trade with Mini LotsAFTER POST CONTENT Read More

Hedge Funds are Short Silver FuturesSilver is More Likely to Rise than Gold on a Break OutHedge Funds are Long Gold futures and OptionsGold prices have made it back into the headlines as a tit-for-tat trade war perpetuates between the Trump White House and China. Despite claims from Trump that this is not a trade war, and that any war with China on trade was lost decades ago, the back and forth na...Read More

Cowen upgraded SAM shares to "market perform" from "underperform"Stocks have erased sharp early morning losses to trade in positive territory. Amid specific stocks seeing volatile trading are pharmaceutical firm Tenax Therapeutics Inc (NASDAQ:TENX), software name Cloudera Inc (NYSE:CLDR), and beer maker Boston Beer Company Inc (NYSE:SAM). Here's a quick roundup of what's moving shares of TENX, CLD...Read More

TODAY MCX COPPER LEVELMcx Copper Level – Copper Sell call 422 given at price 438.40 Achieved 1st Target 436.80 & 2nd Target 435.50. CMP 434.0 Total profit of 2.9 x 2 lot = 5.8 PointsCALL ID 422 : Copper Live - SELL 2 lot Copper at CMP 438.40 for Target small at price 436.80 - 435.50 with SL Above price 440AFTER POST CONTENT Read More

BEIJING/WASHINGTON (Reuters) - China hit back quickly on Wednesday against U.S. plans to impose tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key American imports including soybeans, planes, cars, beef and chemicals in a move that sent global markets lower.Beijing responded after U.S. President Donald Trump’s administration targeted 25 percent tariffs...Read More

NEW YORK (Reuters) - Activity in U.S. equity options was slow on Wednesday even as stock indexes flirted with February lows, as expectations for strong corporate earnings quelled the urge to load up on contracts that benefit from a surge in market volatility.Global markets reeled on fears of deepening trade conflict between China and the United States after China hit back on Wednesday against U.S....Read More

Mcx Nickel Target – Nickel Sell call 41a given at price 875.40 Achieved 1st Target 868 & 2nd Target 862. CMP 854. Total Profit made 13.4 Points per lotTIPS ID 41a : Nickel Call - SELL Nickel at CMP 875.40 for Target 868 - 862 with SL Above price 882AFTER POST CONTENT Read More