"Gold lost some steam on Friday after investors cashed in profits, causing equities to make gains and pushing the yellow metal down slightly. Take a look at the top precious metals stories we covered this week at https://t.co/ji4VnfhX6r #preciousmetals #gold #investing #stocks"Read full newsRead More
"What's going on with #Disney? The company believes warnings of crowding deterred visitors and that led in part to a disappointing earnings report. Read more and discuss on Seeking Alpha, and sign up for updates on the stocks that matter to you. https://t.co/Fd7sJiowXu #investing"Read full newsRead More
"#Stocks wrapped up their most volatile week this year with a broad-based rally as a rebound in bond yields eased fears of a #recession. #WallStreet Breakfast wraps up the week on Seeking Alpha, iTunes, Stitcher and Spotify! https://t.co/BKpYm5Fx6b #investing #trading #finance"Read full newsRead More
Large gold miners like Newmont Goldcorp aren't the only ones that could benefit from the rising price of gold. JPMorgan says to look at the stocks of small mining companies as well.Read full newsRead More
Your daily roundup of commodity news and ING viewsRead full newsRead More
The three-month price of nickel on the London Metal Exchange remained elevated at the close of trading on Friday August 16, retaining gains made at Thursday's close above the $16,000 per tonne support level, while a weak LME tin price could see the two prices converge.Nickel's three-month price closed trading at $16,200 per tonne, holding at a five-year high achieved on Thursday, while tin futures...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Progress at Mauritius-based Alphamin Resources' Bisie tin mine in the Democratic Republic of Congo has led the company to alter its leadership structure, with the project now a step closer to full production after the conclusion of its commissioning phase.Alphamin's chief executive officer, Boris Kamstra, stepped down after four years in the role earlier this week, making way for the appointment o...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Adam HamiltonArchivesAug 16, 2019 The major gold miners' stocks have soared in recent months, fueled by gold's decisive breakout to new bull-market highs. Nothing motivates traders like performance, so interest in this long-neglected sector has exploded. While gold stocks' technicals and sentiment have greatly strengthened, their just-reported Q2'19 results reveal whether their underlying fundamen...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finished higher Friday as easing bond prices sent investors back to the markets in search of bargains. Shares of Nvidia (NVDA - Get Report) surged after the chipmaker posted stronger-than-expected second-quarter earnings. Nvidia is Real Money's Stock of the Day. Deere (DE - Get Report) shares tumble...Read More
Key data from the pricing sessions in China, Asia, Europe and the United States for the week ending Friday August 16. Europe The high carbon ferro-chrome price dropped by 4.4% in the past week due to lower offer prices with one deal reported being done at $0.71 per lb for 350 tonnes. European industry sources generally put prices in the upper 0.70 cents per lb range, although there wer...Read More
China's domestic alumina market recovered slightly this week after producers raised their offer prices amid production cuts across the country, but the upward momentum will be difficult to sustain over the long term, Huatai Futures aluminium analyst Li Shuheng told Fastmarkets on Thursday August 15."Fundamentally, there is no support for the uptrend of [alumina prices in China] over a long period...Read More
An oversupply that has been branded the leading cause of the persistent price weakness seen in China's vanadium market during the first half of 2019 will likely continue to act as a headwind for the rest of the year, market sources told Fastmarkets.Vanadium prices in China were on a general downward trajectory in the first six months of 2019, partly due to higher-than-expected supply and weaker-th...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Compagnie de Tifnout Tiranimine (CTT) cut cobalt production at its operations in Morocco at the beginning of the August and will continue to operate at a lower rate in September as a result of low cobalt prices. Production will be reduced by 40-50% in August and September. In addition, there will be a full 10-day closure for maintenance in September, Fastmarkets understands. Production was initial...Read More
The Friday Market Minute Global stocks gain as investors look for near-term central bank support and ride stronger-than-expected U.S. retail sales data and better-than-forecast semiconductor earnings.China pledges domestic stimulus package, potentially paving the way for near-term rate cuts, while an ECB policymaker hints at a "significant" support plan at next month's rate-setting meeting in Fr...Read More
Ferrous scrap prices were down or unchanged in all of the major markets during the working week ending Friday August 16, following limited trading and poor demand after a pause in market activity for a religious holiday.The Eid al-Adha holiday subdued trading in Turkey and other Middle Eastern countries as well as the markets where they trade. Trading activity remained slow for the remainder of th...Read More
The Turkish steel mills have held back from deep-sea scrap import activity this week because the market was mostly closed due to the Islamic holiday in the country, sources said on Friday August 16.The Turkish market and those in other Middle Eastern territories were closed until August 15 for the Islamic Eid al-Adha celebrations, and a lot of market...Read More
Alloy steel scrap prices in the UK and Europe were largely stable this week with the recent surge in the price of nickel losing its momentum, sources told Fastmarkets on Friday August 16.The price of nickel, 3 months, London Metal Exchange Daily Official, was $16,050-16,055 per tonne on August 16, compared with $15,675-15,680 per tonne on August 9, a gain of $375 per tonne.This compared with the p...Read More