(Repeats to additional subscribers)* Dollar index on track for worst weekly fall since May* Breakdown in correlation between dollar and Treasury yields* Japanese govt reappoints Kuroda as BOJ governor as expected* Graphic: World FX rates in 2018 By Jemima KellyLONDON, Feb 16 (Reuters) - The dollar limped up from a three-year low against a basket of currencies on Friday and was headed for its bigg...Read More

* Dollar index on track for worst weekly fall since May* Breakdown in correlation between dollar and Treasury yields* Japanese govt reappoints Kuroda as BOJ governor as expected* Graphic: World FX rates in 2018 By Jemima KellyLONDON, Feb 16 (Reuters) - The dollar limped up from a three-year low against a basket of currencies on Friday and was headed for its biggest weekly loss in nine months, as n...Read More

LONDON, Feb 16 (Reuters) - A London court judge, Stephen Phillips, said on Friday he would allow parties involved in the case related to Russia's Norilsk Nickel (Nornickel) to delay the injunction hearing until the week beginning March 5.Russian businessman Vladimir Potanin offered to buy a stake in Nornickel from Roman Abramovich. Rusal , which also owns a stake in Nornickel and is controlled by...Read More

(Kitco News) - Gold looks a little tired here after moving to our firstpivot target of $1,357. With the start of the Chinese Lunar New Year, volumeswill drop dramatically and traders will want to watch the dollar, particularlyagainst the euro, where overnight the rate broke up through 1.25 euro/dollarbut has subsequently settled back below the figure. Prefer to take profits onthe recent run and re...Read More

(Kitco News) - Gold looks a little tired here after moving to our first pivot target of $1,357. With the start of the Chinese Lunar New Year, volumes will drop dramatically and traders will want to watch the dollar, particularly against the euro, where overnight the rate broke up through 1.25 euro/dollar but has subsequently settled back below the figure. Prefer to take profits on the recent run a...Read More

* Retail sales inch up 0.1 pct month/month in January* Surge in gym wear spending cancelled out by falling food sales* Weakest 3 months for retail sales since April 2017 (Adds reaction)By Andy Bruce and David MillikenLONDON, Feb 16 (Reuters) - British shoppers' New Year resolutions to get fit proved less healthy for retailers last month, as sales rose much less than expected and a longer-term back...Read More

(Kitco News) - Goldpricesare modestly up and have hit a three-week high in early U.S. tradingFriday. Gold prices have gained over $40.00 an ounce this week, with bullspoised to push prices still higher next week. April Comex gold futures werelast up $3.80 an ounce at $1,359.10. March Comex silver was last down $0.006 at$16.79 an ounce.Globalstock markets were mostly higher overnight. U.S. stock in...Read More

Japanese trading house Mitsui & Co. is increasing its stake in Chile's Collahuasi copper mine, also owned by Anglo American and Glencore (44% each), but has decided to sell its 1.25% stake in the Los Pelambres mine, Antofagasta's (LON:ANTO) flagship asset.Mitsui has agreed to acquire JX Nippon Mining & Metals' 3.6% interest in Collahuasi, which takes its total stake in the mine to 11.03% and, ac...Read More

China (like Japan, Germany, and so much of theRead full newsRead 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

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

* Graphic: World FX rates in 2018 * World shares snap 2-wk losing streak* Dollar hits lowest since 2014* VIX hovers below 20* Oil nears one-week high By Ritvik CarvalhoLONDON, Feb 16 (Reuters) - World shares were set for their best week of gains in six years on Friday after two consecutive weeks in the red, shrugging off a rise in global borrowing costs while the dollar hit its lowest since 2014....Read More

* Liberal billionaire strongly backs EU, eurozone* Meeting with ECB's Coeure rattles some lawmakers* Germany opposed to common budget By Francesco CanepaFRANKFURT, Feb 16 (Reuters) - Billionaire investor and activist George Soros has met a European Central Bank director to argue for closer euro zone integration, prompting criticism from some EU lawmakers who fear he is exerting undue influence on...Read More

STOCKHOLM, Feb 16 (Reuters) - One of the Swedish central bank's most hawkish rate-setters, Deputy Governor Martin Floden, has had his mandate extended for another six years, the Riksbank's General Council said on Friday.Economics professor Floden joined the six-member board in 2013 and his mandate is now extended until May 21, 2024."Martin Floden has contributed a high level of competence wit...Read More

Gold has recovered smartly, after falling to a recent low of around USD1240/oz in early December 2017, following the interest rate rise by the US Federal Reserve, explains the analysis team at NAB.  Key Quotes “US dollar weakness and doubts around alternatives (such as crytocurrencies) are generally supportive of gold, and we expect it to remain in the USD1300/oz range. NAB forecasts th...Read More

By Rajendra Jadhav and Sethuraman N RBENGALURU/MUMBAI, Feb 16 (Reuters) - Physical gold was sold at a discount in India this week for the first time in three weeks as demand for the metal slumped due to a jump in local rates, while the Lunar New Year holiday cappedbuying at the end of the week elsewhere in Asia.Demand was down to a quarter its usual levels as buyers were deterred by a recent price...Read More

Investors are shunning the mining sector, data from Thomson Reuters shows, as they struggle to forget the string of multi-billion dollar takeovers and expensive development projects that left them empty handed.A decade-long commodity boom coincided with years of economic growth when China took off, but when the global economy slowed, so did the market for commodities from oil to copper.Data shows...Read More

Investors are shunning the mining sector, data from Thomson Reuters shows, as they struggle to forget the string of multi-billion dollar takeovers and expensive development projects that left them empty handed.A decade-long commodity boom coincided with years of economic growth when China took off, but when the global economy slowed, so did the market for commodities from oil to copper.Data shows...Read More

* Graphic: World FX rates in 2018 By Ritvik CarvalhoLONDON, Feb 16 (Reuters) - World shares were set to post their best week of gains in six years on Friday after two consecutive weeks spent in the red, shrugging off a rise in global borrowing costs while the dollar hit its lowest level since 2014.The MSCI world index of stocks, which tracks shares in 47 countries, was up 0.4 percent after Europea...Read More

* Dollar index on track for worst weekly fall since Feb 2016* Swiss franc strongest vs dollar since June 2015* Japanese govt reappoints Kuroda as BOJ governor as expected* Graphic: World FX rates in 2018 By Jemima KellyLONDON, Feb 16 (Reuters) - The dollar slipped to its lowest levels in more than three years against a basket of currencies on Friday, headed for its biggest weekly loss in two years...Read More