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China Stocks-Factors to watch on Monday

January 07, 2018 / www.kitco.com

* PREVIOUS TRADING SESSION MOVES:* SSEC +0.2 pct, CSI300 +0.2 pct, HSI +0.3 pct* HK->Shanghai Connect daily quota used 8 pct, Shanghai->HK daily quota used 18.2 pct* HK->Shenzhen Connect daily quota used 12.1 pct, Shenzhen->HK daily quota used 7.1 pct* CNY official close 6.4887 per dollar* FTSE China A50 +0.6 pct, BNY Mellon ADR China Select Index +0.3 pct SHANGHAI, Jan 8 (Reuters) -...Read More

DIARY-Government Debt Auctions to Feb 28

January 07, 2018 / www.kitco.com

Jan 8 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATECOUNTRY AUCTION DETAILS8-JanFranceAuction of BTF Treasury notes8-JanNetherlands DTC auction9-JanUnited States Sale of 3-year notes9-JanUnited KingdomAuction of 1 1/4 % Treasury Gilt 20279-JanNetherlands DSL auction 10-JanUnited States Sale of 10-year notes 10-J...Read More

DIARY-Top Economic Events to Feb 27

January 07, 2018 / www.kitco.com

Jan 8 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is fileddaily. ----------------------------------------------------------- MONDAY, JANUARY 8BRUSSELS - The European Commission holds a conference and its speakers include EU Commission head Jean-C...Read More

Williams Paints Benign Picture Of Fed Rate Hikes, Strong U.S. Economy

January 07, 2018 / www.kitco.com

Jonathan Spicer, Howard SchneiderPHILADELPHIA (Reuters) - The Federal Reserve should raise interest rates three times this year given the already strong economy will get a boost from tax cuts, and can tighten more or less aggressively if needed, a key U.S. rate-setter said on Saturday.In an interview, San Francisco Fed President John Williams painted a benign picture of the world’s largest e...Read More

RT @DhakaTribune: #Coal dwarfs battery metals in mining deals despite war on #pollution

January 07, 2018 / www.dhakatribune.com

China is pushing to limit consumption of coal, which is used to produce most of its electricity.Read full newsRead More

Trump Tweet On Nuclear Button Keeps North Korea's Kim 'On His Toes': Haley

January 07, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. President Donald Trump’s tweet about having a bigger nuclear button than Kim Jong Un’s has kept the North Korean leader “on his toes” and made clear the risks of a nuclear standoff, U.S. Ambassador to the United Nations Nikki Haley said on Sunday.After Kim asserted that he had a nuclear button at the ready, Trump last week dismissed the taunt by...Read More

$900M Australian rare earths mine given state approval

January 07, 2018 / www.mining.com

A prospective rare earths mine that could become a longterm supplier of neodymium and praseodymium has been green-lighted by the state Environmental Protection Authority (EPA).Arafura Resources (ASX:ARU) on Friday received approval from the Northern Territory Environment Protection Authority (EPA), after an assessment process lasting more than two years. The EPA found that the risks from mining...Read More

RT @Reuters: Iranian oil tanker burns, 32 missing after collision off China's coast

January 07, 2018 / reut.rs

A tanker carrying Iranian oil and run by the country's top oil shipping firm was ablaze and spewing cargo into the East China Sea on Sunday after colliding with a Chinese freight ship, leaving the tanker's 32 crew members missing, the Chinese government said.Read full newsRead More

Australia forecasts 20 pct iron ore price drop in 2018 as China demand eases

January 07, 2018 / www.kitco.com

SYDNEY, Jan 8 (Reuters) - Australia on Monday said it expects iron ore prices to average $51.50 a tonne this year, down 20 percent from 2017, because of rising global supply and moderating demand from top importer China as its steel sector shrinks.The world's top three mining companies, BHP and Vale rely heavily on iron ore sales for the bulk of their revenue despite efforts to diversify more int...Read More

Australia shares set to extend rally; NZ flat

January 07, 2018 / www.kitco.com

Jan 8 (Reuters) - Australian shares are poised to extend gains to a fourth straight session on Monday after touching 10-year highs last week, following a strong leads from Wall Street.The S&P 500 and Nasdaq notched their best weekly gains in more than a year on Friday as technology stocks helped lift major indexes to records. The local share price index futures rose 0.3 percent or 18 points to...Read More

UPDATE 1-Asia Morning Call-Global Markets

January 07, 2018 / www.kitco.com

Jan 8 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,122.345.2NZX 50**8,455.55 12.05DJIA**25,295.87220.74NIKKEI**23,714.53208.20Nasdaq**7,136.55858.643FTSE**7,724.22 28.34S&P 500** 2,743.15 19.16 Hang Seng** 30,814.6478.16SPI 200 Fut 6,092.018.0STI** 3,489.45 -11.71SSEC**3,391.750106.0399KOSPI** 2,497.52 31.06----------------------------------------------------------...Read More

Buckle Up: #NYSE Files For Leveraged, Inverse #Bitcoin ETFs | Zero Hedge

January 07, 2018 / www.zerohedge.com

In a move that will certainly not end well for investors, the New York Stock Exchange has asked the SEC to approve five ETFs including 2x leveraged and inverse flavors, linked to Bitcoin futures.Read full newsRead More

RT @CSIS: How a Venezuelan default could impact U.S. interests in the Western Hemisphere

January 07, 2018 / www.csis.org

For months now, deteriorating economic conditions, a worsening humanitarian crisis, and social unrest in Venezuela have threatened the ability of the Maduro regime to govern.. Lack of revenues has put the nation on the brink of default on several occasions and Venezuela's oil production and export volumes have markedly declined. The political crisis has been magnified by President Nicolas Maduro's...Read More

RT @CNNMoney: The fracking revolution has turned America into an energy powerhouse.

January 07, 2018 / cnnmon.ie

The U.S. is on track to overtake Russia and Saudi Arabia as the world's leading oil producer for the first time since 1975, according to a forecast from Rystad Energy.Read full newsRead More

Asia Morning Call-Global Markets

January 07, 2018 / www.kitco.com

Jan 8 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,122.30 45.20 NZX 50**8,455.55 12.05DJIA25,295.87220.74NIKKEI**23,714.53208.20Nasdaq7,136.55858.64 FTSE**7,724.22 28.34S&P 500 2,743.15 19.16 Hang Seng** 30,814.6478.16SPI 200 Fut 6,092.018STI** 3,489.45 -11.71SSEC**3,392.36 6.65KOSPI** 2,497.52 31.06------------------------------------------------------------------...Read More

Wall St Week Ahead-U.S. fund managers expect value stocks to jump in 2018

January 07, 2018 / www.kitco.com

(Repeats story first published Friday with no changes to text)By David RandallNEW YORK, Jan 5 (Reuters) - Value stocks are getting a once-over from some U.S. growth fund managers in early 2018 as they prowl for overlooked shares they think have more upside in a market that gained nearly 20 percent last year. Value stocks, so labeled because they typically sport lower price-to-earnings valuations,...Read More

Iranian Oil Tanker Collides With Chinese Ship On Way to Korea - Bloomberg

January 07, 2018 / www.bloomberg.com

An Iranian oil tanker sailing to South Korea collided with a cargo ship off China's coast and caught fire, leaving at least 32 people missing on Sunday.Read full newsRead More

Don't Expect OPEC's Oil Deal To Fall Apart in 2018 - Bloomberg Gadfly

January 07, 2018 / www.bloomberg.com

Cheating and shale will be overcome by compliance.Read full newsRead More

Iranian tanker ablaze off China amid fears of oil spill | Iran News | Al Jazeera

January 07, 2018 / www.aljazeera.com

Crew of 32 missing after tanker collides with freighter roughly 300km off the coast of Shanghai.Read full newsRead More

Iranian Oil Tanker Burns, 32 Missing After Collision Off China's Coast

January 07, 2018 / www.news18.com

The Panama-registered tanker was sailing from Iran to South Korea, carrying 136,000 tonnes of condensate, an ultra light crude. That is equivalent to just under 1 million barrels, worth about $60 million, based on global crude oil prices.Read full newsRead More

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