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EMERGING MARKETS-Brazil equities jump amid global volatility respite

March 29, 2018 / www.kitco.com

SAO PAULO, March 29 (Reuters) - Equities in Brazil, the onlymajor Latin American market open all day on Thursday, postedtheir biggest intraday gain in three weeks, as a volatile weekregarding international trade and politics gave way to a briefcalm period.Traders consulted by Reuters said they were keeping an eyeon Wall Street, which bounced back on Thursday after a sharpsell-off that was largely...Read More

Topps Tiles, IAG, easyJet, Electrocomponents and US jobs in focus after Easter break

March 29, 2018 / www.proactiveinvestors.co.uk

The week after the Easter break looks set to be quiet on the corporate earnings front with only a handful of trading statements.Given the recent woes in the retail sector, investors are likely to keep an eye on interims from Topps Tiles Plc (LON:TPT) after a challenging 2017 saw its profits and sales drop.The previous week saw another retailer in the dumps with Conviviality PLC (LON:CVR) -  t...Read More

Trump Takes on Amazon; Facebook Eyes Worst Month in 4 Years

March 29, 2018 / www.schaeffersresearch.com

Goldman cut its sales estimates for Apple's iPhoneAfter wrapping up their worst week in years, U.S. stocks enjoyed their best day since 2015 on Monday, thanks to easing trade war concerns. While this massive turnaround sent up a pair of stock market signals not seen since 2011, the upside momentum didn't last. Another rough week for FAANG stocks pushed the Nasdaq Composite (IXIC) into the red, wit...Read More

2 Energy Stocks That Could Stall Out Next Quarter

March 29, 2018 / www.schaeffersresearch.com

The oil names have struggled since hitting highs in JanuaryIt's been a rough three months for energy stocks, with the Energy Select Sector SPDR Fund (XLE) pacing for a first-quarter loss of more than 7%. This negative price action was in full view Wednesday, with several names in the sector finishing lower after the Energy Information Administration (EIA) reported a bigger-than-expected rise in c...Read More

Tech Rally Can't Save Nasdaq from Worst Month in Two Years

March 29, 2018 / www.schaeffersresearch.com

The DJI and SPX are pacing for their first quarterly losses since 2015The Dow Jones Industrial Average (DJI) is flying high on the last trading day of the week, with the U.S. stock market closed tomorrow for Good Friday. At last check, the blue-chip index was up more than 275 points, thanks to a big bounce for Apple (AAPL). The rebound in tech stocks is helping lift the Nasdaq Composite (IXIC), to...Read More

Goldcorp deposits 3,000 ounces of gold in blockchain 'milestone'

March 29, 2018 / www.mining.com

TORONTO, March 29 (Reuters) - Goldcorp Inc made the first gold deposit on Tradewind Markets' new digitized trading platform, the companies said on Thursday, with 3,000 ounces of bullion from its Red Lake mine complex in Ontario.As old-school gold trading increasingly moves into the digital era, the deposit represents a "milestone" as the genesis block, or first step in the blockchain on Tradewind'...Read More

Goldcorp deposits 3,000 ounces of gold in blockchain 'milestone'

March 29, 2018 / www.mining.com

TORONTO, March 29 (Reuters) - Goldcorp Inc made the first gold deposit on Tradewind Markets' new digitized trading platform, the companies said on Thursday, with 3,000 ounces of bullion from its Red Lake mine complex in Ontario.As old-school gold trading increasingly moves into the digital era, the deposit represents a "milestone" as the genesis block, or first step in the blockchain on Tradewind'...Read More

Chilean miner Codelco says copper output, profit jumped in 2017

March 29, 2018 / www.mining.com

SANTIAGO, March 29 (Reuters) - Chile's state copper company Codelco said on Thursday it produced 1.734 million tonnes of copper in 2017, its second highest output ever, despite persistently low ore grades at its aging mines.The world's top copper miner posted a 2017 pre-tax profit of $2.885 billion, a six-fold increase over its earnings in 2016, even as production costs jumped 7.8 percent to $1.35...Read More

BUZZ-Dollar bid as reflation trade in retreat

March 29, 2018 / www.kitco.com

* DXY firming as major market bond yields breaking hard lower* UST 30yr below 3 pct, yield curve at new lows* More evidence that global reflation theme in trouble* Spanish 10yr yield collapses, falls by almost 50 bps in past month* Message not consistent with ECB ending QE later in year, EUR vulnerable* USD could benefit from lowered expectations for growth/inflation abroad<^^^^^^^^^^^^^^^^^^^^...Read More

Kitco News Gold Survey: Wall Street Split On Price Direction

March 29, 2018 / www.kitco.com

(Kitco News) - Sentiment in the gold market is stuck in neutralwith Wall Street voters are split on the direction of gold prices next week,based on the Kitco News gold survey. Wall Street Bullish Bearish Neutral Bulls say gold looks oversold after this week’sdecline, plus they cite ongoing geopolitical uncertainty and a view that theU.S. dollar will give up some of its strength....Read More

Kitco News Gold Survey: Wall Street Split On Price Direction

March 29, 2018 / www.kitco.com

(Kitco News) - Sentiment in the gold market is stuck in neutral with Wall Street voters are split on the direction of gold prices next week, based on the Kitco News gold survey. Wall Street Bullish Bearish Neutral Bulls say gold looks oversold after this week’s decline, plus they cite ongoing geopolitical uncertainty and a view that the U.S. dollar will give up some of it...Read More

Brazil central bank may pause rate cuts 'for a while' in mid-2018

March 29, 2018 / www.kitco.com

BRASILIA, March 29 (Reuters) - Brazil's central bank maypause interest rate cuts "for a while" in mid-2018 afterassessing the risks looming 2019, bank chief Ilan Goldfajn saidon Thursday.At its last policy meeting, the bank pointed to a final ratecut in May but minutes from that encounter showed somepolicymakers preferred to keep their options open. (Reporting by Marcela Ayres; Writing b...Read More

Time to Bet on TWTR Stock's Next Leg Higher

March 29, 2018 / www.schaeffersresearch.com

TWTR's recent pullback could be a buying opportunity, if past is prologueShares of social media concern Twitter Inc (NYSE:TWTR) notched a two-year high of $36.80 on March 14, but have since pulled back to test their rising 80-day moving average. If past is precedent, it could be time to bet on TWTR's next leg higher, as previous retreats to this trendline have had bullish implications for the st...Read More

Frontier IP focused on further industrial engagement across portfolio

March 29, 2018 / www.proactiveinvestors.co.uk

Neil Crabb, chief executive of Frontier IP Group Plc (LON:FIPP) caught up with Proactive's Andrew Scott following the release of their half-year report.Frontier's portfolio includes AI drug researcher Exscientia which secured a ?,?15mln strategic investment from drug discovery company Evotec while foodtech company Nandi Protein raised ?1mln in the period.Crabb says they're seeing strong interest...Read More

Exploration spending in Canada's poorest regions keeps sliding

March 29, 2018 / www.mining.com

Canada's Northwest Territories and Nunavut, two of the three regions with the lowest income per capita, have experienced a dramatic decline in exploration spending during the last ten years, data from Natural Resources Canada (NRCan) shows.According to NRCan most recent numbers, spending in the N.W.T. is expected to decline to $81.3 million this year, down from $90 million in 2017. Exploration spe...Read More

Exploration spending in Canada's poorest regions keeps sliding

March 29, 2018 / www.mining.com

Canada's Northwest Territories and Nunavut, two of the three regions with the lowest income per capita, have experienced a dramatic decline in exploration spending during the last ten years, data from Natural Resources Canada (NRCan) shows.According to NRCan most recent numbers, spending in the N.W.T. is expected to decline to $81.3 million this year, down from $90 million in 2017. Exploration spe...Read More

Exploration spending in Canada's poorest regions keeps sliding

March 29, 2018 / www.mining.com

Canada's Northwest Territories and Nunavut, two of the three regions with the lowest income per capita, have experienced a dramatic decline in exploration spending during the last ten years, data from Natural Resources Canada (NRCan) shows.According to NRCan most recent numbers, spending in the N.W.T. is expected to decline to $81.3 million this year, down from $90 million in 2017. Exploration spe...Read More

#Boeing Rapidly Plays Down "Hysteria" After WannaCry Ransomware Attack | Zero Hedge

March 29, 2018 / www.zerohedge.com

"Our cybersecurity operations center detected a limited intrusion of malware that affected a small number of systems... Remediations were applied and this is not a production and delivery issue."Read full newsRead More

Gold forges its best run since 2011

March 29, 2018 / www.mining.com

Gold bulls are finding 2018 offers plenty of reasons to be cheerful.Bullion's wrapping up a third quarterly gain, a feat not seen since 2011, and exchange-traded fund holdings are near the highest in a half-decade. Haven demand may also get a boost with foreign-policy hawks in the ascendant in Washington.While spot bullion slipped 0.2 percent to $1,323.04 an ounce on Thursday, the metal is still u...Read More

Jefferies Makes Another Bullish Healthcare Call

March 29, 2018 / www.schaeffersresearch.com

The brokerage firm is the latest to call for a huge rally from MGEN stockBrokerage firm Jefferies has been weighing in on a number of healthcare stocks this week, predicting big upside for AnaptysBio (ANAB) and Arrowhead Pharmaceuticals (ARWR). This morning, the firm turned its attention to Miragen Therapeutics Inc (NASDAQ:MGEN), initiating coverage with a "buy" rating and $14 price target -- well...Read More

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