Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Zinc Tips Today – Zinc BUY Call 575 given at price 205.50 Triggered SL hit at price 204.40. Total 1.10 Points SL hit in Zinc tipsZinc Calls - BUY Zinc at CMP 205.50 for Target 206.50 - 207.50 with SL below price 204.40AFTER POST CONTENT Read More
RAPAPORT... Lucapa Diamond Company has raised $12.7 million (AUD 16.5million) to proceed with an aggressive drilling and exploration program at itsBrooking project in Western Australia. The funding - which came from a major new investor, as well as current shareholders - will go toward carrying outmore exploration at the lamproiteresource, the company said Monday. The asset has already produced 11...Read More
The latest metal markets news and price moves to start the North American day on Thrusday April 12.Aluminium prices on the London Metal Exchange dipped for the first time this week during morning trading on Thursday April 12, following a 101,725-tonne delivery into European LME-listed warehouses.The delivery was split between Rotterdam and Vlissingen, with 68,150 tonnes delivered into Rotterdam. T...Read More
For years, the airline industry was the butt of Warren Buffett's jokes.In his 2007 letter to Berkshire Hathaway shareholders, Buffett laid out examples of great, good and terrible businesses.The airline industry played the part of terrible.Here is exactly what Buffett wrote:“Now let's move to the gruesome. The worst sort of business is one that grows rapidly, requires significant capital to...Read More
BERLIN (Reuters) - Conservatives in Germany’s Brandenburg state say they are willing to talk to the far left and right after next year’s election in a break with the past that shows broader political fragmentation.Chancellor Angela Merkel’s Christian Democrats (CDU) have always refused to deal with the Left party, heir to East Germany’s Communist party, or the nationalist A...Read More
TODAY COPPER CALL FREEToday copper call – Copper Sell Call 576 Given at price 446.80 Achieved 1st Target level 444.80. CMP 444.70. Total 2.10 x 2 lot = 4.20 Points Profit576 : Copper - SELL Copper at CMP 446.80 for Target 444.80 - 443.50 with SL Above price 448.50. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Good morning from Metal Bulletin's offices in Shanghai as we bring you the latest news and pricing stories on Thursday April 12.Base metals prices on the Shanghai Futures Exchange were broadly lower during Asian morning trading on Thursday, with rising geopolitical tensions subduing risk appetite in the market.Geopolitical tensions picked up overnight after United States President Donald Trump mad...Read More
Russia's Putin has never taken his eye off the ball. His ambition is not global hegemony or European conquest. Putin seeks what Russia has always sought: regional hegemony and a set of buffer states in eastern Europe and central Asia that can add to Russia's strategic depth.In Syria, Russia has the warm water port of Tartus - which is important when you consider that most Russian ports are ice-bou...Read More
LONDON (Reuters) - After shaking up the music industry, Spotify (SPOT.N) is now prompting investors to question the value they get from investment banks underwriting new listings with its low-cost IPO.The music streaming firm effectively deprived banks of hundreds of millions of dollars in fees by shunning them in its $26.5 billion New York Stock Exchange float on April 3.Banks can charge companie...Read More
Copper – SELL Copper at CMP 446.80 for Target 444.80 – 443.50 with SL Above price 448.50. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
BRUSSELS (Reuters) - Euro zone industrial production was much weaker than expected in February, data showed on Thursday, pointing to slower economic growth in the first quarter and no quick policy tightening from the European Central Bank.The European Union’s statistics office Eurostat said industrial production in the 19 countries sharing the euro fell 0.8 percent month-on-month for a 2.9 p...Read More
"Are they trying to guarantee Trump will let the missiles fly?"Our colleague Dave Gonigam of The 5 Min. Forecast had just caught wind of Monday's FBI raid on the office of Trump's attorney, Michael Cohen.Perhaps you recall the 1997 film Wag the Dog.Perhaps you also recall that President Clinton - no need to specify - attacked suspected al-Qaida targets around the time Monica Lewinsky appeared befo...Read More
Zinc Calls – BUY Zinc at CMP 205.50 for Target 206.50 – 207.50 with SL below price 204.40AFTER POST CONTENT Read More
(Reuters) - U.S. carrier Delta Air Lines Inc (DAL.N) reported a 9.5 percent rise in quarterly revenue on Thursday, boosted by higher average fares and passenger traffic.However, the Atlanta-based carrier’s net income fell to $547 million in the first quarter ended March 31 from $561 million a year earlier. Higher costs, including a spike in fuel prices and a $44 million negative impact from...Read More
With less than one week left before Tax Day, I wanted to give you some last-minute moves that you can consider making right now.Obviously, if you haven't yet completed your return for this year you should do all the usual things like making sure you take every deduction you're entitled to and get your return in on time.I would also point out that if you're receiving a refund from Uncle Sam this ye...Read More
April 12 (Reuters) - U.S. carrier Delta Air Lines Inc reported a 9.5 percent rise in quarterly revenue on Thursday, boosted by higher average fares and passenger traffic.However, the company's net income fell to $547 million in the first quarter ended March 31, from $561 million a year earlier.The No. 2 U.S. airline by passenger traffic's earnings per share remained flat at 77 cents.Total operatin...Read More
(Reuters) - BlackRock Inc (BLK.N), the world’s largest asset manager, reported first-quarter profit that exceeded Wall Street estimates on Thursday, benefiting despite higher volatility in global markets.BlackRock said its iShares family of exchange-traded funds (ETFs) added $34.65 billion in new money in the quarter, down from $64.48 billion a year earlier.The new assets helped BlackRock bo...Read More
JAKARTA (Reuters) - The World Bank raised its growth forecast for East Asia and the Pacific for 2018, but warned that a possible U.S.-China trade war could harm growth in countries that are part of the Chinese goods supply chain.The Washington-based lender said in a report on Thursday it expected 2018 growth in the developing East Asia and Pacific (EAP) region, which includes China, to expand 6.3...Read More
GENEVA (Reuters) - World trade in goods is maintaining a robust recovery, but it still might falter if trade tensions escalate further, the World Trade Organization said in its annual forecast on Thursday.Trade in goods will grow 4.4 percent this year after a decade averaging 3.0 percent a year following the financial crisis. Last year it grew 4.7 percent - much higher than the 3.6 percent forecas...Read More
(Reuters) - U.S. stock index futures edged higher on Thursday on expectations of strong corporate earnings, looking past geopolitical risks and concerns about faster interest rate hikes.The world’s largest asset manager BlackRock Inc (BLK.N) reported a better-than-expected profit, kicking off the first-quarter earnings season. Its shares were up 1.7 percent in premarket trading.Analysts expe...Read More