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Fed hikes, dollar, and gold

March 02, 2018 / www.mining.com

The US dollar has fallen rather sharply over the past year or so, despite ongoing Fed rate hikes. This persistent dollar weakness has really boosted gold. There's a fascinating interplay between these two currencies and futures speculators' expectations for Fed rate hikes. These traders hang on every word from top Fed officials, which greatly influences their trading. So these relationship...Read More

BREAKINGVIEWS-Spotify's tippy valuation requires more top line

March 02, 2018 / www.kitco.com

(The author is a Reuters Breakingviews columnist.The opinionsexpressed are her own.)By Jennifer SabaNEW YORK, March 2 (Reuters Breakingviews) - Spotify's tippyvaluation requires a hefty increase in its top line. Thestreaming-music firm may be worth $23 billion when it goespublic - based on the highest price at which its privately heldstock traded in the last couple of months. To justify thatmarket...Read More

Fed hikes, dollar, and gold

March 02, 2018 / www.mining.com

The US dollar has fallen rather sharply over the past year or so, despite ongoing Fed rate hikes. This persistent dollar weakness has really boosted gold. There's a fascinating interplay between these two currencies and futures speculators' expectations for Fed rate hikes. These traders hang on every word from top Fed officials, which greatly influences their trading. So these relationship...Read More

Deputy U.S. Attorney General lays out plan of attack on white-collar crime

March 02, 2018 / www.kitco.com

March 2 (Reuters) - Deputy U.S. Attorney General RodRosenstein on Friday laid out the Trump administration'sapproach to fighting financial crime, saying the government willfocus more heavily on certain tax violations and that it iscracking down on securities fraud."We are using data analytics to more quickly identify,investigate and prosecute manipulation of the securitiesmarkets, and other f...Read More

Kitco News Weekly Outlook: Gold Prices Shine In A Global Trade War - Analysts

March 02, 2018 / www.kitco.com

(Kitco News)- U.S. President Donald Trump once again has shown hisaffinity for gold, coming to the market’s rescue Thursday as prices fell to atwo-month low.The gold market is heading into the weekend, benefiting from renewedmarket volatility and geopolitical uncertainty as investors digest theimplication of a possible global trade war after Trump announced that hisadministration would place...Read More

Kitco News Weekly Outlook: Gold Prices Shine In A Global Trade War - Analysts

March 02, 2018 / www.kitco.com

(Kitco News) - U.S. President Donald Trump once again has shown his affinity for gold, coming to the market’s rescue Thursday as prices fell to a two-month low.The gold market is heading into the weekend, benefiting from renewed market volatility and geopolitical uncertainty as investors digest the implication of a possible global trade war after Trump announced that his administration would...Read More

Exchange operators want volatility, just not too much

March 02, 2018 / www.kitco.com

By Aparajita SaxenaMarch 2 (Reuters) - Wall Street analysts wasted no time inraising forecasts for exchange operators CME Group Inc and Nasdaq Inc after last month's historic stock marketvolatility, but industry watchers warned the companies maysuffer if the selloff becomes deeper and more prolonged.The stock, currency and commodity trading platform providerswho make more money the more times inve...Read More

LIVE MARKETS-Closing snapshot: frosty weather, frosty stocks

March 02, 2018 / www.kitco.com

* STOXX 600 hits 6-mth low, ends down 2.1 pct* Steelmakers down slightly after Trump tariff planMarch 2 (Reuters) - Welcome to the home for real-time coverage of European equity marketsbrought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him onMessenger to share your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net CLOSING SNAPSHOT: FROSTY WEA...Read More

Oil market fears: war, default and nuclear weapons

March 02, 2018 / www.mining.com

The U.S. is one of the few areas of the world in which there is an energy investment boom underway, a development that could smooth out the uncertainties of geopolitical events around the world. At the same time, outside of the U.S., there is a deterioration of stability in many oil-producing regions, aggravating risks for both oil companies and the oil market, according to a new report.Financial...Read More

BUZZ-Equifax: Rises on Q4 beat despite data-breach costs

March 02, 2018 / www.kitco.com

** Credit reporting company's shares up 4 pct at$115.91 on upbeat Q4** EFX beats profit expectations for 8th quarter straight,revenue also tops helped by 15 pct increase in internationalrevenue** Cowen and Co says Q4 results bode well for 2018, expectsco to post positive EPS growth this year** EFX disclosed an additional 2.4 mln people were affectedby the cyber attack on Thursday morning, bringing...Read More

Investors set to tuck into tasty results from Domino's Pizza and Just Eat

March 02, 2018 / www.proactiveinvestors.co.uk

The week ahead is set to be food-heavy with corporate results from Domino's Pizza (LON:DOM), Just Eat (LON:JE. and Restaurant Group PLC (LON:RTN).The latest figures from all three companies are expected to show less people are eating out and instead tucking into take-away food.Domino's set for full-year deliveryDomino's Pizza is anticipated to serve up some tasty full-year results on Thursday with...Read More

BUZZ-Synergy Pharmaceuticals: Soars on licensing agreement

March 02, 2018 / www.kitco.com

** Drugmaker's shares up 16.5 pct at $2.04** To get $5 mln upfront in addition to milestone paymentsand royalties, from licensing agreement with Canada-baseddrugmaker Cipher Pharmaceuticals Inc for itsconstipation treatment, Trulance ** SGYP will manufacture and supply finished product to CPH** Stock had fallen 16 pct YTD (Reporting by Mrinalini Krothapalli) Disclaimer: The views expressed in th...Read More

Gold spikes to fresh session tops amid renewed USD selling

March 02, 2018 / www.fxstreet.com

   •  USD weighed down by Trump’s protectionist stance.   •  Risk-off mood provides an additional boost to safe-haven assets.   •  Fed rate hike prospects might continue to cap strong gains.  Gold finally broke out of its Asian/early European session consolidation phase and spiked to fresh session tops in the last hour. A fresh...Read More

Buy This Toy Stock In March

March 02, 2018 / www.schaeffersresearch.com

Hasbro, Inc. (NASDAQ:HAS) stock is sticking close to breakeven today, last seen up fractionally to trade at $94.42. However, the toy stock is pacing for its biggest weekly loss since early November, weighed down by a rough start to the week for rivalMattel (MAT) had a rough start to the week. Nevertheless, it could be time to buy the Hasbro dip, if past is precedent.According to Schaeffer's Seni...Read More

GETec Microscopy; new company with big ideas for graphene

March 02, 2018 / www.proactiveinvestors.com

GETec Microscopy's Stefan Hummel tells Proactive Investors at the U.S. for Graphene 2018 Conference in New York about the commercialization of their atomic microscope used to measure graphene.  Meet Scancell Holdings Plc, Advanced Blast & Ballistic Systems Ltd and TokenCommunities Plc at our event, London, 08 March 2018.Register here >>Read More

Eike Batista's ex-wife says he hid a gold mine during divorce

March 02, 2018 / www.mining.com

(Bloomberg) - Eike Batista, the former billionaire who lost his fortune and spent time in jail for alleged corruption, has a new headache: a lawsuit from his ex-wife.Luma de Oliveira, a former model and actress who famously wore a collar with Batista's name during a Carnival parade, filed suit against the former billionaire for allegedly failing to declare the full value of his assets when they e...Read More

California, Oklahoma deals lead U.S. municipal market issuance next week

March 02, 2018 / www.kitco.com

By Stephanie KellyNEW YORK, March 2 (Reuters) - The state of California topsthe issuance table next week with $2.1 billion worth of debt, ahighlight for a U.S. municipal market that has had twoconsecutive months of decreasing supply, according to ThomsonReuters data on Friday.U.S. municipal bond and note issuers will sell about $7.94billion of debt, the highest weekly amount since mid-January.Muni...Read More

BUZZ-U.S. STOCKS ON THE MOVE-McDonald's, Foot Locker, Splunk

March 02, 2018 / www.kitco.com

* Eikon search string for individual stock moves: * The Day Ahead newsletter: * The Morning News Call newsletter: The Dow industrials fell more than 1 percent for a fourth straight day on Fridayon mounting fears of a global trade war following President Donald Trump'spromise to impose import tariffs on steel and aluminum. At 11:15 ET, the Dow Jones Industrial Average was down 1.34 percentat 24,278...Read More

Gold Futures Jump as Stocks Plummet

March 02, 2018 / www.schaeffersresearch.com

The Dow Jones Industrial Average (DJI) has come off its session lows, but is still staring at a more than 200-point deficit at midday, as talk of a trade war from President Donald Trump rattles the global stock market. A sharp drop for McDonald's (MCD) stock is only putting additional pressure on the blue-chip index. If the Dow loses 1% again today, it'll be the fourth straight drop of that magni...Read More

US STOCKS-Dow falls 1 pct as trade war fears hurt industrials

March 02, 2018 / www.kitco.com

* Trump tweets: "Trade wars are good, and easy to win"* J.C. Penny slump after disappointing quarter* Wall Street in the red after two weeks of gains* Indexes dip: Dow 1.2 pct, S&P 0.63 pct, Nasdaq 0.49 pct(Changes comment, adds details, updates prices)By Ankur BanerjeeMarch 2 (Reuters) - The Dow industrials fell more than 1percent for a fourth straight day on Friday on mounting fear...Read More

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