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DIARY-Government Debt Auctions to March 30

February 08, 2018 / www.kitco.com

Feb 9 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATECOUNTRY AUCTION DETAILS12-FebNorwayAuction of Treasury bills12-FebItaly Bills auction13-FebItaly Medium-long term auction13-FebSpain Auction of 6- and 12-month Treasury bills14-FebGermany Auction of 30-year Federal bonds14-FebJapan Auction of 5-year government b...Read More

DIARY-Emerging Markets Economic Events to March 29

February 08, 2018 / www.kitco.com

Feb 9 (Reuters) - For other diaries, please see:Top Economic Events Government Debt Auctions Political and General News Events Index of All Diaries Guide to Economic Indicators -----------------------------------------------------------This Diary is filed daily. ** Indicates new events -----------------------------------------------------------FRIDAY, FEBRUARY 9SINGAPORE - ASEAN Finance and Centra...Read More

DIARY-Top Economic Events to March 27

February 08, 2018 / www.kitco.com

Feb 9 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News ----------------------------------------------------------- This Diary is filed daily. Indicates new events -----------------------------------------------------------FRIDAY, FEBRUARY 9ATHENS - The EU's economic affairs commissioner Pierre Moscovici visits Athens fo...Read More

UPDATE 1-Brazil's Lojas Renner misses profit estimates as costs jump

February 08, 2018 / www.kitco.com

(Adds more results, EBITDA)By Gram Slattery and Flavia BohoneBRASILIA, Feb 8 (Reuters) - Lojas Renner SA , Brazil's biggest apparel retailer, missed fourth-quarter profit estimates on Thursday, as a sharp increase in costs outpaced growing revenue amid an aggressive expansion drive.In a statement, Renner said net income totaled 332 million reais ($101 million), up 10.7 percent from the same perio...Read More

S.Korea vows to take action to stabilise financial markets ifuncertainty spreads

February 08, 2018 / www.kitco.com

SEOUL, Feb 9 (Reuters) - South Korea vowed on Friday to strengthen monitoring of financial markets and said it will take action to stabilise markets should uncertainty spread."We will take measures should market anxieties spread excessively," a senior finance ministry official told Reuters by phone, asking not to be identified because of government policy.He also said recent dent in the...Read More

Fifty-Fifty, The Numbers To Watch In Gold

February 08, 2018 / www.kitco.com

There are two critical numbers that gold investors and traders need to watch carefully for signs of support: fifty and fifty. The first critical number represents gold’s 50-day moving average. The second critical number represents a 50% retracement of the most recent rally. Interestingly enough, these two numbers intersect at roughly the same price point in gold.Market technicians utilize th...Read More

Fifty-Fifty, The Numbers To Watch In Gold

February 08, 2018 / www.kitco.com

There are two critical numbers that gold investors and traders need to watch carefully for signs of support: fifty and fifty. The first critical number represents gold’s 50-day moving average. The second critical number represents a 50% retracement of the most recent rally. Interestingly enough, these two numbers intersect at roughly the same price point in gold.Market technicians utilize th...Read More

Peru central bank holds key rate at 3 pct, as expected

February 08, 2018 / www.kitco.com

LIMA, Feb 8 (Reuters) - Peru's central bank held the benchmark interest rate at 3 percent as expected on Thursday, but noted that economic growth was still below potential after its 25-basis point rate cut last month.Nine analysts had predicted the rate hold in a Reuters poll this week, with the remaining three analysts forecasting a fresh reduction to 2.75 percent. The central bank cited disappoi...Read More

Asian markets uneasy as longer U.S. debt yields verge on 3 percent

February 08, 2018 / www.kitco.com

* Asia's pain threshold is when 10-year U.S. Treasuries hit 3 pct* Real-money investors worry more about longer-term dollar funding* Goldilocks scenario at risk from rising inflation expectations By Vidya RanganathanSINGAPORE, Feb 9 (Reuters) - If this week's selloff in global equity markets is any guide, then Asia's frothy debt and stock markets have reason to be on edge over the steady rise in...Read More

.@AngkorGold Announces Phase 2 of Drilling Program With JOGMEC Underway

February 08, 2018 / ow.ly

Angkor Gold Corp. (TSXV:ANK) (OTC:ANKOF) ("Angkor" or "the Company") Executive Chairman Mike Weeks is pleased to announce the continuation of Angkor's exploration program at Halo on its Oyadao South license in conjunction with its exploration partner, Japan Oil, Gas and Metals National Corporation ("JOGMEC").Read full newsRead More

.@EnforcerGold Prepares to Drill the OR79 Discovery at the Montalembert #Gold Project

February 08, 2018 / ow.ly

Enforcer Gold Corp ('Enforcer' or the 'Company') (TSX-V: VEIN; FSE: N071) is pleased to announce it has further refined drill targets for its 1,500 m diamond drilling program on the newly discovered OR79 zone at the Company's Montalembert gold project.Read full newsRead More

Place Your Bets: Gold Prices Could Double From Here - Former Bear Stearns Analyst

February 08, 2018 / www.kitco.com

(Kitco News) - Current market conditions and gold prices suggest the metal is about to breakout, says one former Bear Stearns analyst.“[I]t looks to me like it could now get really exciting for gold bulls,” Jesse Felder, publisher of the Felder Report investment newsletter, said in a report released Thursday.“On the weekly chart there is now a clear head and shoulders bottom patt...Read More

Place Your Bets: Gold Prices Could Double From Here - Former Bear Stearns Analyst

February 08, 2018 / www.kitco.com

(Kitco News) - Current market conditions and gold prices suggest the metal is about to breakout, says one former Bear Stearns analyst.“[I]t looks to me like it could now get really exciting for gold bulls,” Jesse Felder, publisher of the Felder Report investment newsletter, said in a report released Thursday.“On the weekly chart there is now a clear head and shoulders bottom patt...Read More

RT @HashChain_Tech: #Cryptocurrency Tax Software NODE40 Supports #Coinbase Users Just in Time for Tax Season. [

February 08, 2018 / ow.ly

VANCOUVER, Feb. 7, 2018/ PRNewswire/- HashChain Technology Inc. today announced that NODE40, LLC has activated support for Coinbase account holders. NODE40 is a New York based blockchain technology company bringing best-in-class tax compliance to cryptocurrency traders globally. Then, the capital gains, or losses, are carried into Form 8949, which can be sent...Read full newsRead More

FTSE 100 closes firmly lower as strong pound weighs

February 08, 2018 / www.proactiveinvestors.co.uk

FTSE 100  closes 108pts lowerFTSE 250 down 364 ptsPounds jumps versus dollar, euroBank of England keeps rates on hold, but bets rise for May hike FTSE 100 finished firmly in the red as the strong pound weighed after the Bank of England's hawkish comments on rate rises.The premier bluechip index closed down over 108 points at 7,170, while FTSE 250, the more UK company focused index, crash...Read More

GLOBAL MARKETS-S&P 500, Dow confirm correction as stocks fall again

February 08, 2018 / www.kitco.com

* Dow, S&P 500 down more than 10 pct from Jan. 26 record highs* Bond yields add to rate worries* BOE's hawkish message lifts sterling, gilt yields* Sentiment in stock markets remains frail (Updates with closing U.S. markets' levels)By Caroline ValetkevitchNEW YORK, Feb 8 (Reuters) - The selloff in world stock indexes deepened on Thursday, with the fall in U.S. stocks confirming a correction fo...Read More

UPDATE 3-Umicore raises 892 million euros to fund capacity growth

February 08, 2018 / www.kitco.com

(Releads with result of equity placement)By Alan CharlishFeb 8 (Reuters) - Umicore SA said on Thursday it raised 892 million euros($1.09 billion) in an equity placement which will be used in part to fund investments in its fast-growing rechargeable battery materials business.The new shares, which represent 10 percent of the number of outstanding shares prior to the transaction, were sold at 39.80...Read More

CANADA FX DEBT-Loonie hits six-week low as oil, equities fall

February 08, 2018 / www.kitco.com

* Canadian dollar at C$1.2601 or 79.36 U.S. cents* Bond prices largely higher across yield curve (Adds quote, updates prices)Feb 8 (Reuters) - The Canadian dollar touched a six-week low against the greenback on Thursday as oil prices tumbled and a renewed sell-off in domestic and U.S. stock markets prompted investors to proceed with caution.Commodity-linked currencies, such as the Canadian dollar...Read More

U.S. consumer companies a relative refuge in recent market turmoil

February 08, 2018 / www.kitco.com

By Noel RandewichSAN FRANCISCO, Feb 8 (Reuters) - Many of the stocks that have gotten off most lightly during the waves of selling on Wall Street this week are those standing to benefit from consumers with more buying power, like Amazon.com and Netflix . The S&P 500 consumer discretionary index's 4 percent drop on Thursday was worse than the S&P 500's 3.75 percent fall, but over the past w...Read More

Almadex drills 64.5 m of 0.37 g/t Au at El Cobre

February 08, 2018 / www.stockwatch.com

Dr. Morgan Poliquin reportsALMADEX RECEIVES FINAL EL COBRE ASSAYS FROM 2017Almadex Minerals Ltd.has received the final assay results from the final 2017 drill holes EC-17-043 (Raya Tembrillo) and EC-17-044 (El Porvenir). The Raya Tembrillo area is the very northern part of the large Villa Rica zone of the El Cobre property and is located approximately two kilometres south of the Norte zone, where...Read More

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