Worries over the health of the UK retail sector will make full-year results from B&Q owner Kingfisher PLC (LON:KGF) a key focus on Wednesday.Ina preview, Graham Spooner, research analyst at The Share Centre noted: "The last update from Kingfisher, a third quarter statement in November, was notable for signs of continued weakness in the French businesses although the company said it remained on...Read More

Mick Billing, executive chairman of Thor Mining PLC (LON:THR) caught up with Proactive Investors too add some more detail around their recent decision to focus solely on their tungsten and copper interests in Australia and the US.Billing says the time has come to absolutely focus all efforts on Pilot Mountain, Molyhil and Kapunda.  Meet Wolf Minerals, Thor Mining PLC, Rainbow Rare Earths Limi...Read More

(Bloomberg) - Zambia's tax agency plans to conduct audits on mining companies in the country running back six years after uncovering 76.5 billion kwacha ($7.9 billion) of underpayment by a "prominent" miner.The Zambia Revenue Authority may extend the period of the audit should it find a pattern of "consistent, systematic, premeditated" tax evasion, it said in a statement."We are announcing the pr...Read More

Call buying has been popular on FedEx stock in recent weeksFedEx Corporation (NYSE:FDX) is all over the news today after a package exploded at the San Antonio FedEx facility, possibly in connection with other serial bombings in Austin, Texas. In addition, the company announced it will add 500 new locations in Walmart stores over the next two years. In addition to this flurry of news, FedEx is als...Read More

TIPS FOR COPPER TODAYTips for Copper – SELL Copper at CMP 447.30 for Target 442 – 440 with SL Above price level 450.10AFTER POST CONTENT Read More

BERLIN (Reuters) - Concerns about a global trade war dominated this week’s meeting of finance ministers from the G20 largest industrialised nations in Argentina, German Finance Minister Olaf Scholz told reporters traveling home with him.Scholz said a large majority of participants expressed concerns about a further escalation in the wake of planned U.S. tariffs on steel and aluminum, and und...Read More

(Bloomberg) - Mining companies in Ivory Coast called for talks with the government after it discontinued a tax exemption for industrial and commercial benefits.The measure would affect companies' "financial equilibrium" and could hurt foreign investment in the West African nation, an industry body representing the companies, known by its French acronym GMPCI, said in a statement published in the...Read More

However, Facebook continues to weigh on techThe Dow Jones Industrial Average (DJI) is higher at midday, just as the two-day Fed monetarypolicy meeting kicks off. While the central bankers won't emerge until tomorrow, Wall Street is expecting new Fed Chair Jerome Powell to announce a rate hike. Oil prices, meanwhile, are lifting energy stocks, with front-month crude up 2.4% at $63.55 per barrel. H...Read More

GENEVA (Reuters) - The United States has rejected European Union proposals for an alternative to U.S. safeguard tariffs imposed on solar power goods, the two trading powers said in a joint filing published by the World Trade Organization on Tuesday.They also said they had not reached any agreement on U.S. compensation for its tariffs, but they would monitor the impact on trade flows and continue d...Read More

Tips for Zinc – SELL Zinc at CMP 212.20 for Target 210.60 – 210.0 with SL Above price level 213.30. RISK Taker trade 2 lotsAFTER POST CONTENT Read More

WASHINGTON (Reuters) - U.S. congressional leaders worked to finalize a massive federal spending bill on Tuesday to finance the government through September and prevent a government shutdown before funding runs out late Friday, as an approaching winter storm threatened to snarl Washington.U.S. House Speaker Paul Ryan said he expected lawmakers to finish writing the $1.2 trillion bill later on Tuesd...Read More

BRUSSELS (Reuters) - Euro zone consumer confidence was unchanged in March, figures released on Tuesday showed.The European Commission said a flash estimate showed euro zone consumer morale was 0.1 points, the same as in February. Economists polled by Reuters had on average expected a figure of 0.0.In the European Union as a whole, sentiment was also unchanged, at -0.3 points.Uncertainty about poss...Read More

Steve Hughes, VP of exploration at Asiamet Resources Limited (LON:ARS), tells Proactive ongoing resource delineation drilling at the BKZ prospect in Indonesia is continuing to intersect high-grade polymetallic and copper-silver mineralisation.Hughes adds they're in talks with a couple of drill contractors and are looking to have a second rig at Beutong within around 30 days to expand the programme...Read More

(Kitco News)- Gold has fallen to a three-weeklow as the Federal Reserve starts a two-day monetary policy meeting; however,one bullion firm said that it sees some buoyancy in the precious metals,despite the threat of higher interest rates.Although gold prices are testingsupport just above $1,300 an ounce, analysts at Degussa said that the currentprice could represent an attractive entry point for i...Read More

The FOMC members will gather today for a two-day meeting. It will be the most important event this week, since Powell will chair the meeting for the first time. Gold investors want to get to know him better as the uncertainty makes them a bit nervous. What should we expect from the new Fed Chair?First FOMC meeting under Powell as ChairDo you remember your first bike ride? Or the first date - and k...Read More

Gold shows firmness in the face of a news-driven stock market sell-off.This is near-term promising, but gold needs a bit more improvement.Gold's relative strength line and the U.S. dollar are two keys to watch. Gold prices posted a decent showing Monday in the face of weakness in the U.S. equity market. After hitting its lowest in more than two weeks, the gold price rose on Monday ahead of thi...Read More

LUSAKA, March 20 (Reuters) - Zambia expects to produce more than one million tonnes of copper this year after revising its 2017 copper production upwards on the back of stabe power supply, a senior ministry of mines official said on Tuesday.Rising copper prices were also expected to boost revenue collection in Africa's No.2 producer of the metal, which ranks exports of the metal as its biggest exp...Read More

NEW YORK (Reuters) - As a senior vice president at Wachovia and then Morgan Stanley during the dark months of the 2008 and 2009 financial crisis, Derek Peterson watched as colleagues lost their jobs and life savings and wondered if he was next.At the time, he was managing approximately $120 million in client assets, but was growing disenchanted with what he saw as a U.S. stock market driven by hig...Read More

NEW DELHI (Reuters) - Nearly 50 countries expressed concern on Tuesday about the “serious threat” to the World Trade Organisation posed by unilateral trade actions, a pointed reference to U.S. import tariffs that have caused a global outcry.Delivering concluding remarks after a two-day informal meeting of the WTO members in New Delhi, Indian Trade Minister Suresh Prabhu did not refer t...Read More

   •  A goodish pickup in the USD demand prompts some fresh selling.   •  Rising US bond yields/fading safe-haven demand add to the selling pressure.   •  Wednesday’s FOMC decision should help determine the near-term trajectory. Gold extended its steady decline through the mid-European session and dropped to fresh session lows in th...Read More