After reporting a fourth-quarter earnings beatlast Monday night, online streaming service Netflix, Inc. (NASDAQ:NFLX) gapped higher, and hit a new record high of $286.81 one week later. But while the stock has since pared some post-earnings gains amid widespread selling pressure, data provided by Schaeffer's Senior Quantitative Analyst Rocky White suggests outperforming NFLX might still be the be...Read More

TORONTO, Feb 2 (Reuters) - Canada's main stock index slumped to a four-month low on Friday, with resource and marijuana shares leading broad based declines as higher bond yields pressured global equity markets.The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 254.89 points, or 1.61 percent, at 15,606.03, its biggest drop since May. All of the index's 10 main groups...Read More

Metal falls to the lowest in two weeks.  USD extends gains after upbeat NFP.  The rally of the US dollar and rising US bond yields pushed gold sharply to the downside. The US official employment report triggered an appreciation of the greenback and boosted US bond yields.  Labor market data showed that wages rose in January at the fastest rate since 2009. Those numbers could antic...Read More

Dave Allmond, chief commercial officer at Amryt Pharma PLC (LON:AMYT), discusses with Proactive their fourth distribution deal signed in three months for Lojuxta.Lojuxta treats a very rare, life-threatening genetic condition which causes "bad cholesterol" to accumulate in the body. This latest agreement, covering Romania and Bulgaria, is with Romastru Trading, part of the Pharaon Healthcare E...Read More

NEW YORK, Feb 2 (Reuters) - Speculators' net short U.S. dollar bets increased in the latest week to their highest since around mid-October, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.The value of the net short dollar position, derived from net holdings of International Monetary Market speculators in the yen, euro, British pound, Swiss fran...Read More

(Kitco News) - Sorry folks, PunxsutawneyPhil, the famous weather pontificating groundhog, saw his shadow, which meansthere is still six more weeks of winter left.  And on the topic of loomingshadows, gold prices are looking to end the week in negative territory withanalysts saying that gold could be entering a consolidation phase, faced withan uncertain outlook. The price action is a suddentu...Read More

(Kitco News) - Sorry folks, Punxsutawney Phil, the famous weather pontificating groundhog, saw his shadow, which means there is still six more weeks of winter left.  And on the topic of looming shadows, gold prices are looking to end the week in negative territory with analysts saying that gold could be entering a consolidation phase, faced with an uncertain outlook. The price action is a sud...Read More

SAN FRANCISCO, Feb 2 (Reuters) - The U.S. Federal Reserve should continue to raise interest rates to prevent an overheating in an economy buoyed by strong financial conditions, global growth and the Trump administration's tax cuts, a top policymaker said Friday. But San Francisco Federal Reserve Bank President John Williams, in his first public comments since the Fed left rates unchanged after its...Read More

AUSTIN, Texas, Feb 2 (Reuters) - Dallas Federal Reserve President Robert Kaplan said on Friday that he has grown more confident the U.S. central bank will need to raise rates three times this year."I think I feel more strongly that it should be three," Kaplan told reporters in Austin, Texas, adding that employment data released earlier in the day was consistent with his views on the U.S....Read More

Purplebricks Group PLC (LON:PURP) has seen its stock fall today after a row erupted between the online estate agent and US broker Jefferies.In a punchy 'sell' note, analysts at the US investment bank claimed Purplebricks' shares were worth just 95p - far below the 475p they were trading at the time.They cited concerns over the number of homes that actually end up getting sold through the agent, an...Read More

The stronger oil price seen in recent months was bound to encourage shale production and this week numbers from the US met predictions.In early trading on Friday, Brent crude was close to US$70 with WTI above US$66 a barrel.The strength in the market was welcomed by key players, especially the international oil companies who are reporting this month.Goldman Sachs sets aggressive targetA few major...Read More

* U.S. dollar rises after jobs data, pares gains later* Euro falls against greenback* Yen inversely tracks with U.S. bond yields (Updates prices, market activity, adds commentary)By Stephanie KellyNEW YORK, Feb 2 (Reuters) - The U.S. dollar rose on Friday against a number of currencies including the Japanese yen and the euro after strong national jobs data, but the greenback later pared gains and...Read More

Once again there will be some quality corporate earnings to be released in the coming week, notably from oil major BP PLC (LON:BP) and drugs giant GlaxoSmithKline plc (LON:GSK), while the first Bank of England monetary policy decision of 2018 and latest UK inflation report will also be eyed.Back in November, all but two members of the BoE's Monetary Policy Committee (MPC) voted to increase interes...Read More

Continued dollar weakness is keeping gold's turnaround alive.Infrastructure spending would likely benefit gold as well.Other major factors remain supportive for the intermediate-term outlook. As the gold price continues its three-week-old lateral consolidation, sentiment remains mixed between those who believe the dollar is long overdue a relief rally and those who see the dollar's decline con...Read More

Peru will strengthen its position as one of the top five gold and silver producing countries in the world if it makes the most of the reserves of these two metals identified in its territory, said the National Society of Mining, Oil and Energy (SNMPE).The non-profit organization formed by major mining and energy companies operating in Peru reported that the country is currently the leading gold pr...Read More

(Adds Breakingviews link)* Nonfarm payrolls increase by 200,000 in January* Unemployment rate unchanged at 4.1 percent* Average hourly earnings rise 0.3 percent* Average hourly earnings increase 2.9 percent year-on-year By Lucia MutikaniWASHINGTON, Feb 2 (Reuters) - U.S. job growth surged in January and wages increased further, recording their largest annual gain in more than 8-1/2 years, bolste...Read More

Red Pine Exploration Inc. (TSXV:RPX) ("Red Pine" or the "Company") is pleased to announce that Ms. Tara Gilfillan, CPA, ICD.D has been appointed as Red Pine's Chief Financial Officer effective immediately.Read full newsRead More

Sojourn Exploration Inc. (TSXV:SOJ) ('Sojourn' or the 'Company') has joined forces and properties with Seven Devils Exploration Ltd. ('Seven Devils'), a private mineral exploration company owned by a renowned exploration team with a track record of discovery and a portfolio of exciting, early stage porphyry copper-gold projects.Read full newsRead More

After settling last week at record highs -- sending up a sobering sentiment signal in the latest Investors Intelligence (II) survey -- the U.S. stock market pulled back as reports that Apple halved its iPhone X production target weighed, and news of a high-profile healthcare initiative sent pharmacy stocks and health insurers spiraling. While Boeing earnings provided a brief respite from the selli...Read More

BTU METALS CORP. ("BTU" or the "Company") (BTU:TSXV) reports that it is currently mid-way through the previously announced drill program at its Shakespeare Gold properties (PR November 14, 2017) including the historic Shakespeare Mine shaft.Read full newsRead More