Stock futures are pointed comfortably higher this morning, after a strong close last Friday from the major indexes translated into weekly wins. The Dow Jones Industrial Average (DJI) is signaling a triple-digit gain, while S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also higher as bond yields continue to cool off. The Fed will stay in focus this week, with two central bankers tak...Read More

Semiconductor stocks last week found renewed strength thanks to major M&A buzz. One name in particular that remained hot was Dow component Intel Corporation (NASDAQ:INTC), with the shares rallying 4.2% on Friday alone. INTC stock is pointed another 0.9% higher this morning, following a bigprice-target hike. Analysts are hardly alone in their optimism, considering options traders have been upping t...Read More

HOLLYWOOD, Florida, Feb 26 (Reuters) - Several parties are interested in buying Freeport-McMoRan Inc's cobalt project in the Democratic Republic of Congo but the purchase price would not be very impactful for the miner, Freeport's chief executive said.As a result, it is looking at other options for the asset, including possibly a joint venture to develop the large cobalt project, CEO Richard Adker...Read More

Hecla Mining Co. (NYSE: HL) says it entered into an agreementwith Excellon Resources Inc. (TSX: EXN) in which sulphide ore from SanSebastian in Mexico would be trucked 26 miles to Excellon’s Miguel Auzaflotation mill facility for processing. Under the deal, Excellon will provide440 tons per day of milling capacity to Hecla, with the mill to eventually beupgraded to include a copper flotation...Read More

By Huw JonesLONDON, Feb 26 (Reuters) - The European Union stands ready to regulate crypto-currencies if risks from the sector are not tackled at the global level, the bloc's financial services chief said on Monday.A global investment craze over bitcoin and other virtual currencies in the last year has seen wild gyrations in their valuations, making fortunes for some investors while others have los...Read More

"... whereas the SPX was coming off long-term support from its 200-day moving average and the VIX was situated just below potential resistance from half its 2018 high and double last year's peak, these two indexes now come into this week nearer potential resistance and support, respectively."For instance, the SPX high last week was around the half-century mark of 2,750, which coincides with its 20...Read More

Coinsilium Group Limited's (NEX:COIN) Malcolm Palle and Eddy Travia update Proactive Investors on the latest with their advisory services as well as the progress they're making with the TerraStream platform.The NEX-listed company's recently teamed up with online education platform operator Tutellus Technologies SL to advise on the development of a blockchain-based platform in advance of its upcomi...Read More

LONDON, Feb 26 (Reuters) - Goldman Sachs-backed payments company Circle has acquired U.S. cryptocurrency exchange Poloniex, Circle said on Monday, in an effort to cement its position as one of the leading companies in the world of blockchain technology. "We're proud to announce that Circle has extended its commitment to a new vision for global finance by acquiring Poloniex, a leading token ex...Read More

David Archer, chief executive of Savannah Resources Plc (LON:SAV), tells Proactive a 200% increase in the resource at Mina do Barroso marks the project out as one of Europe's most promising lithium projects.Archer says the plan now is to push ahead with "second pass" metallurgical test work.A scoping study should be commissioned soon, which would then lead to a definitive feasibility study later t...Read More

Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More

The U.S. dollar continues to struggle as traders gear up forthe Federal Reserve Chair Jerome Powell’s testimony in front of Congress, whichwill begin on Tuesday, says Jameel Ahmad, global head of currency strategy& market research at FXTM. “The Dollar is under threat of losses onceagain, with the Greenback at the time of writing currently trending loweragainst all of its G10 counte...Read More

The U.S. dollar continues to struggle as traders gear up for the Federal Reserve Chair Jerome Powell’s testimony in front of Congress, which will begin on Tuesday, says Jameel Ahmad, global head of currency strategy & market research at FXTM. “The Dollar is under threat of losses once again, with the Greenback at the time of writing currently trending lower against all of its G10 c...Read More

Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.Last w...Read More

Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

* Euro rises as yields drag down dollar* Central banker speeches keep markets edgy* Traders brace for German, Italian political developments* Graphic: World FX rates in 2018 By Tommy WilkesLONDON, Feb 26 (Reuters) - The euro gained on Monday as a fall in U.S. Treasury yields dragged down the dollar, but trading was relatively quiet ahead of speeches by central bankers and political developments in...Read More

* Equity markets calm ahead of Fed chief's testimony* Sterling gains on hawkish BoE deputy governor, Corbyn* Chinese stocks rally as Xi set to stay in power* Graphic: World FX rates in 2017 * For a live blog on European stocks, type LIVE/ in an Eikon news window By Alasdair PalLONDON, Feb 26 (Reuters) - Global stocks notched further gains on Monday and the dollar stayed on the back foot, as inves...Read More

Despite stocks scoring their best week in over a year last week, active money managers once again reduced their exposure to the stock market. In fact, the National Association of Active Investment Managers (NAAIM) exposure index fell to its lowest reading since the week prior to the November 2016 election, and has dropped roughly 34% since Jan. 24. However, previous such sharp reductions in equity...Read More

The demand for gold in the United States exceeded the supply in 2017.Gold does not react to the law of supply and demand as we would expect due to the overwhelming presence of the futures market.The United States is expected to run enormous deficits for as far as the eye can see which could lead to inflation in a rising interest rate environment.Gold is a hedge against inflation due to the fact th...Read More

COLOMBO, Feb 26 (Reuters) - The Sri Lankan rupee ended firmer on Monday as exporters and banks sold dollars on fears of an appreciation in the local currency amid expectations of equity and capital inflows, dealers said.The rupee ended at 154.85/95 per dollar, compared with Friday's close of 155.15/20. The rupee hit a record low of 155.90 on Feb. 14."There were conversions today, on expectati...Read More