LONDON, Jan 26 (Reuters) - UBS Wealth Management upgraded its six-month forecasts for the euro and sterling on Friday after upgrading its short-term forecasts earlier this week, citing protracted dollar weakness.The firm upgraded its euro forecast against the dollar to $1.28 for six months from a previous forecast of $1.22, according to a report published by the Chief Investment office at UBS Weal...Read More
Russian state-controlled diamond miner Alrosa increased fourth-quarter production by 6 percent year-on-year to 10.1 million carats as a shutdown at its Mir mine was offset by higher output at other assets.The Russian government has been considering selling part of its stake in Alrosa, the world's largest producer of rough diamonds, as part of its privatisation programme.But that is off the agenda...Read More
Before you pull the trigger on Hecla Mining, you need to consider these two things.Read full newsRead More
SHANGHAI, Jan 26 (SMM)? 1/4 ?Copper: LME copper remains strong on continued increase of inventory. SHFE copper is expected to trade at 53,000-54,000 yuan/mt and spot discounts are to move at 100-50 yuan/mt supported by stockholders.Zinc: LME zinc performed strongly supported by firm fundamentals, and is expected to trade at $3,435-3,485/mt while SHFE zinc is expected to trade at 26,000-2...Read More
SHANGHAI, Jan 26 (SMM)? 1/4 ?Copper: LME copper remains strong on continued increase of inventory. SHFE copper is expected to trade at 53,000-54,000 yuan/mt and spot discounts are to move at 100-50 yuan/mt supported by stockholders.Zinc: LME zinc performed strongly supported by firm fundamentals, and is expected to trade at $3,435-3,485/mt while SHFE zinc is expected to trade at 26,000-2...Read More
SHANGHAI, Jan 26 (SMM)? 1/4 ?Copper: LME copper remains strong on continued increase of inventory. SHFE copper is expected to trade at 53,000-54,000 yuan/mt and spot discounts are to move at 100-50 yuan/mt supported by stockholders.Zinc: LME zinc performed strongly supported by firm fundamentals, and is expected to trade at $3,435-3,485/mt while SHFE zinc is expected to trade at 26,000-2...Read More
VANCOUVER, British Columbia, Jan. 25, 2018 (GLOBE NEWSWIRE) - Orla Mining Ltd. (TSX VENTURE:OLA) ("Orla" or the "Company") is pleased to announce that it has entered into an agreement to acquire up to a 100% interest in the Monitor Gold exploration project (the "Project") consisting of 340 claims covering approximately 2,800 hectares in central Nevada. ...Read full newsRead More
Gold settles at a level not seen in more than a year Thursday, but moves lower in electronic trading as the dollar turns higher.Read full newsRead More
While its 8.4% yield will certainly draw the attention of income seekers, its bargain-basement price could make value investors a mint.Read full newsRead More
Before you pull the trigger on Hecla Mining, you need to consider these two things.Read full newsRead More
The Dow and S&P 500 scored fresh records on Thursday, Jan. 25, as the Nasdaq declined slightly. The Dow finished up 0.54% to 26,392. It hit an intraday record high of 26,458. The S&P 500 gained 0.06% and the Nasdaq dipped by 0.05%. Stocks rose after 3M posted adjusted earnings in the fourth quarter of $2.10 a share, above estimates of $2.03. The company also raised its...Read More
Comments push gold lower; Draghi touts robust growthTreasury yields fall; Dow Jones Industrial Average risesMnuchin should "clarify exactly what he said," IMF head Christine Lagarde says in Davos.President Donald Trump waded into the unusual public debate over currency valuations, roiling markets after he said that he favored a strong greenback just a day after his Treasury secretary endorsed a we...Read More
SHANGHAI, Jan 26 (SMM)? 1/4 ?Copper: LME copper remains strong on continued increase of inventory. SHFE copper is expected to trade at 53,000-54,000 yuan/mt and spot discounts are to move at 100-50 yuan/mt supported by stockholders.Zinc: LME zinc performed strongly supported by firm fundamentals, and is expected to trade at $3,435-3,485/mt while SHFE zinc is expected to trade at 26,000-2...Read More
The latest news and price moves to start the Asian day on Friday January 26.Base metals prices on the London Metal Exchange were on divergent paths at the close on Thursday January 25, with the weak dollar still the key supportive factor. Nickel and tin each rose by more than 1.3% on the day. Read more in our live futures report.Here is how prices looked at Thursday's close:Rio Tinto Plc is i...Read More
"Buy and hold" isn't a trading strategy.For the entirety of my trading career I have tried to avoid buying and holding. Every time I put on a trade I do so with a clear exit plan in mind. I NEVER go into positions with the intention to hold them for an undetermined amount of time.Until now...There's one market and one investment that has made me completely change my attitude about "buy and hold" a...Read More
The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canap?(C) and wine reception. Details on the presenting companies can be found below. This event is suitable for the following:Sophisticated & private investors, private client brokers, fund managers, financial instit...Read More
The Daily Reckoning finds itself embarrassed for riches...We welcomed trading wizard Tim Sykes last week.And today... with equal pleasure… we introduce another first-chop money man...Here we speak of Andrew Keene, president and CEO of AlphaShark Trading."I've always said that everyone in this world has at least one thing they're good at," begins Andrew."Fortunately," he adds, "I found mine e...Read More
Richard Jacobs here.In October 2016, I started a podcast called "Future Tech Podcast" in which I interview founders and CEOs in the stem cell, 3-D printing, blockchain/cryptocurrency, artificial intelligence, brain-computer interface, nanotech and other up-and-coming industries.As I interviewed experts from all over the tech world, I became more and more intrigued by bitcoin, blockchain and crypto...Read More
Stocks abruptly reversed from their highs yesterday.The Nasdaq Composite lost more than 45 points before the closing bell as traders took profits on high-flying tech shares. Meanwhile, the Dow managed to hang in positive territory. Despite losing its positive momentum as the day progressed, the Big Board eked out another record close.As investors pumped the brakes on this year's furious stock mark...Read More
Today, I want to give you the single best place to invest in the stock market.But don’t give me all the credit.Because I’m stealing this directly from an investing legend.His name is Joel Greenblatt. And in his classic 1997 book, You Too Can Be A Stock Market Genius, he made one thing perfectly clear...“The facts are overwhelming... stocks of spinoff companies significantly and c...Read More