Recent News

RT @tbiesheuvel: Zinc prices haven't been this high since the GFC

January 05, 2018 / www.bloomberg.com

Base metals charged higher on Thursday after U.S. manufacturing data provided further evidence of a synchronized boom in factory output across the globe.Read full newsRead More

RT @StuartLWallace: Saudi Arabia Shouldered OPEC's Burden in December as Exports Cut

January 05, 2018 / www.bloomberg.com

If the comings and goings of oil tankers from the Persian Gulf are any guide, then OPEC's Middle East powerhouses did their bit to curb a global crude glut last month. Saudi Arabia shouldered the burden.Read full newsRead More

#Apple Says All iPhones, Macs Exposed To "Meltdown", "Spectre" Flaws | Zero Hedge

January 05, 2018 / www.zerohedge.com

"All Mac systems and iOS devices are affected," Apple acknowledged in a statement on Thursday, adding that no cases had yet been reported of customers being affected by the security flaws.Read full newsRead More

#Ethereum Hits Record High Above $1,000 As #Ripple Sinks On Coinbase Denial | Zero Hedge

January 05, 2018 / www.zerohedge.com

Whether it is Coinbase's denial of plans to include Ripple on its network or simply a broader understanding of the asset, 2018's high-flyer is lagging today as investors regain their appetite for Ethereum (record highs over $1000) and Bitcoin (over $16k) overnight.Read full newsRead More

Kitco News Weekly Outlook: Gold Bulls Race Out Of The Gate To Kick Off 2018

January 05, 2018 / www.kitco.com

(Kitco News)- While off nearly four-month highs, the gold market isstill ending its first trading week of 2018 on a strong note as prices holdabove key support levels.According to analysts, gold continues to build on itsyear-end momentum, ending its fourth week of consecutive gains - longest weeklywin streak since mid-March. February gold prices last traded at $1,321.80 anounce, up almost 1% since...Read More

Investors sense opportunities in Big Oil - but mind the gap - Channel NewsAsia

January 05, 2018 / www.channelnewsasia.com

LONDON: Investors are gaining confidence: up to a point: that 2018 will be the year of oil stocks.While shares in top energy companies have risen since mid-2017, they have failed to keep step with recovering crude markets, opening up a historically unusual performance gap. Big oil stocks have also underperformed broader equity indexes.Uncertainty over whether the crude rally can stick and fears th...Read More

Blue-Chip Drug Stock With Options at at Bargain

January 05, 2018 / www.schaeffersresearch.com

Pfizer Inc. (NYSE:PFE) stock has been on a hot streak to start the new year, notching a win in six out of the last eight sessions. There could be even more tailwinds in the coming weeks, with the Dow stock sending up a buy signal to short-term options traders right now.At last check, Pfizer stock was down 0.2% at $36.72, but remains a chip-shot from the annual high of $37.35 it touched on Dec. 18....Read More

Will the Protesters Sabotage Iran's Oil Fields?

January 05, 2018 / www.newsweek.com

Iran takes the threat seriously. An advocate for attacks on oil facilities was gunned down in Europe.Read full newsRead More

US STOCKS-Wall St shrugs off weak December jobs data, extends gains

January 05, 2018 / www.kitco.com

* U.S. economy adds 148,000 jobs in Dec vs est. 190,000* Average hourly earnings rise 0.3 pct, in line with estimates* Energy stocks fall after oil prices retreat* Indexes up: Dow 0.34 pct, S&P 0.32 pct, Nasdaq 0.59 pct (Updates to early afternoon)By Sruthi ShankarJan 5 (Reuters) - Wall Street's main indexes extended their new year rally on Friday after weak December U.S. jobs data raised expe...Read More

Gold flirting with lows, around $1317 ahead of NFP

January 05, 2018 / www.fxstreet.com

   •  USD recovers some ground and prompts profit taking.   •  Further weighed down by risk-on mood/positive US bond yields.   •  US monthly employment details eyed for fresh impetus. Gold traded with a negative bias through the mid-European session and is currently placed near session lows, around the $1317 region. The US Dollar recovere...Read More

Who Won Kitco's Mining CEO of The Year? The Votes are In

January 05, 2018 / www.kitco.com

Editor's Note: View Kitco News' full 2018 outlook coverage(Kitco News) - KitcoNews brought back a fan favorite this year in an effort to give YOU, ourdedicated readers, a voice! Aftera few weeks of voting, we have finally tallied up the results to unveil who ourreaders and viewers think merits the title of CEO of 2017. After siftingthrough thousands of responses, and the names of over 100 CEOs you...Read More

Who Won Kitco's Mining CEO of The Year? The Votes are In

January 05, 2018 / www.kitco.com

Editor's Note: View Kitco News' full 2018 outlook coverage(Kitco News) - Kitco News brought back a fan favorite this year in an effort to give YOU, our dedicated readers, a voice! After a few weeks of voting, we have finally tallied up the results to unveil who our readers and viewers think merits the title of CEO of 2017. After sifting through thousands of responses, and the names of over 100 CEO...Read More

GRAPHIC-Take Five: World markets themes for the week ahead

January 05, 2018 / www.kitco.com

By Marc JonesLONDON, Jan 5 (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.1/ PARTY ON World stocks started the year with their best week in over a year and while it's tempting to say "same old, same old" as markets smash another host of milestones and records, you still have to take...Read More

Updates from UK food retailers on the menu, as well as high street stalwart M&S in coming week

January 05, 2018 / www.proactiveinvestors.co.uk

As the first full trading week of January comes around, the flow of post-Christmas retail trading updates picks up following the mixed news from Next Plc and Debenhams PLC (LON:DEB), with all the UK food retailers set to report, as well as high street stalwart Marks & Spencer Group PLC (LON:MKS).The UK's major supermarket chains have all been grappling tough competition from discounters Aldi a...Read More

2 Auto Stocks With Cheap Options

January 05, 2018 / www.schaeffersresearch.com

Like a number of names in the semiconductor sector, auto stocks are having a monster start to 2018 -- after data on Wednesday showed 2017 sales held near record levels, despite the industry's first annual decline since 2009. Among the names pacing for impressive weekly gains are Fiat Chrysler Automobiles NV (NYSE:FCAU) and Navistar International Corp (NYSE:NAV). And if history is any guide, it cou...Read More

The gold market in 2017

January 05, 2018 / www.mining.com

So another year has passed. How quickly it happened! But we hope that you did not get bored, and instead took time to learn more about the fascinating gold market. At first glance, 2017 seems to be a dull period for the yellow metal, as it was traded within a narrow range of $1,200-$1,300 for most of the year.However, all that glitters is not gold, and all that does not fluctuate like Bitcoin is n...Read More

Profit upturn music to Symphony's ears

January 05, 2018 / www.proactiveinvestors.co.uk

Ian Bristow, Finance Director of Symphony Environmental Technologies (LON:SYM) tells Proactive how after the October announcement that profits would be not less than ?350,000, Symphony has now raised guidance to "not less than ?400,000", up from ?123,000 in 2016.The global specialist in products and technologies that "make plastic smarter" said revenues for 2017 should clock in at around ?8.2m...Read More

Fed's Powell had little enthusiasm for QE3, transcripts show

January 05, 2018 / www.kitco.com

By Ann Saphir, Lindsay Dunsmuir and Jason LangeSAN FRANCISCO/WASHINGTON, Jan 5 (Reuters) - Jerome Powell, President Donald Trump's pick to lead the U.S. central bank starting next month, backed the Federal Reserve's third bond-buying program only reluctantly, transcripts from the Fed's 2012 policy meetings show. "I'm supporting (the decision) with a certain lack of enthusiasm, and I am somewh...Read More

METALS-Zinc prices hit highest in over a decade on supply concerns

January 05, 2018 / www.kitco.com

* Zinc reaches highest since August 2007 at $3,375/T* GRAPHIC-2017 asset returns: * LME/ShFE arb: (Updates with closing prices, adds details)By Maytaal AngelLONDON, Jan 5 (Reuters) - Zinc hit its highest in more than a decade on Friday as concerns over market tightness persisted, while copper hit a two-week low as Chinese investor interest was muted with the Lunar New Year holidays looming.Zinc st...Read More

Sterling trades sideways as investors look to Brexit talks for cues

January 05, 2018 / www.kitco.com

* Graphic: sterling and gilt yields * Graphic: World FX rates in 2017 * Graphic: Trade-weighted sterling since Brexit vote By Jemima KellyLONDON, Jan 5 (Reuters) - Sterling steadied against the dollar on Friday, ending the week at much the same levels it started at, with traders keen to see new developments on Brexit negotiations before taking new positions on the British currency. Economic data r...Read More

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