The S&P and Nasdaq are at all-time highsU.S. stocks are gaining today, with the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) both touching record highs. The risk-on approach comes after Fed Chair Jerome Powell in a speech this morning said the central bank remained committed to gradual rate hikes going forward, while noting "strong growth" in jobs and income. This is overshadowing a lack of pr...Read More

ROME/BRUSSELS (Reuters) - Italy’s populist government said on Friday it would cut funds for the EU unless other states take in boat migrants stranded in an Italian port, earning a rebuke from Brussels for making unacceptable “threats”.Diplomatic sources told Reuters a meeting of EU state envoys in Brussels found no agreement on how to deal with the 150 mostly Eritrean migrants on...Read More

AMTD recently fell near its historically bullish 200-day trendlineIt's been a rough few days for TD Ameritrade Holding Corp. (NASDAQ:AMTD), which is down nearly 3.4% so far this week, on newsthat JPMorgan Chase (JPM) will launch a free trading app next week called You Invest. However, the brokerage stock is now trading near a trendline that's had bullish implications in the past -- suggesting AMTD...Read More

(Reuters) - U.S. Commerce Secretary Wilbur Ross has appointed a former federal prosecutor to monitor China’s ZTE Corp (0763.HK) (000063.SZ) after people familiar with the matter said he rescinded an offer to a former U.S. official for signing a “Never Trump” letter before the 2016 presidential election,A new monitor for ZTE is required as part of a June settlement that ended a ba...Read More

When OPEC and Russia shook on increasing crude oil production by a million barrels daily to stop the oil price climb that had begun getting uncomfortable for consumers from Asia to the United States, there was no sign of what was to come just two months later: slowing demand in Asia, ample supply, and a brewing price war between Saudi Arabia and Iran. The first shots in this war were already fired...Read More

NEW YORK (Reuters) - Oil prices surged 2 percent on Friday and were on track to end a run of weekly declines on signs that Iran sanctions may limit global supply and that a trade war may not curb China’s appetite for U.S. crude.Brent crude oil LCOc1 rose $1.29 a barrel to $76.02 by 10:27 a.m. EDT [1427 GMT] after earlier touching a high of $76.42. U.S. crude CLc1 was $1.20 higher at $69.03.U...Read More

(Reuters) - The Federal Reserve’s steady interest rate hikes are the best way to protect the U.S. economic recovery and keep job growth as strong as possible and inflation under control, Fed Chair Jerome Powell said on Friday in a high-profile endorsement of the central bank’s current approach to policy.KEY POINTS:* FED CHAIR POWELL SAYS FURTHER INTEREST RATE HIKES LIKELY APPROPRIATE I...Read More

(Kitco News)- Wall Street and MainStreet both look for higher gold prices next week, based on the weekly KitcoNews gold survey.This marks a sharpturnabout for Main Street, after 74% of these respondents last week called forgold to fall during the current week. This was the most Main Street bearishnessin the survey’s three-year history.This time around, 326 outof 718 Main Street respondents,...Read More

(Kitco News) - Wall Street and Main Street both look for higher gold prices next week, based on the weekly Kitco News gold survey.This marks a sharp turnabout for Main Street, after 74% of these respondents last week called for gold to fall during the current week. This was the most Main Street bearishness in the survey’s three-year history.This time around, 326 out of 718 Main Street respon...Read More

Chile is preparing major new restrictions on the extraction of water from the lithium-rich Salar de Atacama salt flats, home to top lithium miners Albemarle and SQM.Read full newsRead More

(Reuters) - Canada’s main stock index gained on Friday after a rise in gold prices lifted shares of precious metal miners and higher oil drove gains in energy shares.- Gold prices rose as the U.S. dollar came under pressure. [GOL/]- Eight of the index’s 11 major sectors were higher, led by the material sector’s .GSPTTMT 1.2 percent rise.- The energy sector .SPTTEN climbed 0.9 per...Read More

(Kitco News) - Gold is poised for a bigshort-covering rally, with the metal only needing a fresh catalyst, saidanalysts with Commerzbank in an outlook report released Friday.The German bank said it looks forthe precious metal to reclaim $1,300 an ounce by the end of the year. As of10:09 a.m. EDT, spot metal was at $1,200.20 after a long slide from the $1,364area back in April.Some investors may be...Read More

(Kitco News) - Gold is poised for a big short-covering rally, with the metal only needing a fresh catalyst, said analysts with Commerzbank in an outlook report released Friday.The German bank said it looks for the precious metal to reclaim $1,300 an ounce by the end of the year. As of 10:09 a.m. EDT, spot metal was at $1,200.20 after a long slide from the $1,364 area back in April.Some investors m...Read More

HANOI (Reuters) - A Vietnamese website, which only works when users correctly answer a quiz about disputed islands in the South China Sea, has infuriated scores of television fans in China desperate to catch the latest episode of a popular Chinese period drama.The drama - “The Story of Yanxi Palace” - has attracted a huge following in China for its colorful depiction of Qing Dynasty-er...Read More

LONDON (Reuters) - Britain could force European Union banks operating in London to start holding capital against inventory of riskier EU government bonds in the case of a ‘no-deal’ Brexit.At part of preparations for Britain’s departure from European Union next March, the finance ministry has published a “statutory instrument” or ‘SI’ to help transfer EU ru...Read More

About two years ago, lawyers from American Airlines and Delta Air Lines traded surprisingly nasty insults against each other in public filings, as each What was once among the most promising long-haul markets for U.S. airlines has turned sour, amid higher fuel prices and increased competition from Chinese airlines, who have driven prices down.Read full newsRead More

During the course of that portion of his 2018 Budget presentation that had to do with the gold mining industry, Finance Minister Winston Jordan made three important points. The first point was articulRead full newsRead More

"Calibre Mining Announces Results from 2018 Diamond Drilling Program on the 100% Owned Primavera Gold-Copper Porphyry Project, Nicaragua https://t.co/LUatp5KnhZ"Read full newsRead More

ROUYN NORANDA, QC, Aug. 23, 2018 /CNW/ - Granada Gold Mine (TSXV: GGM) ('Granada Gold' or the 'Company') announces the assay results of the exploratory tren...Read full newsRead More

LONDON (Reuters) - Investors bought back into U.S. stocks this week which set their longest-ever market rally, although risks ahead spurred anxiety over how much longer the ageing bull can last, Bank of America Merrill Lynch strategists said on Friday.They also declared the end of a “tsunami” of tech fund inflows which have driven the market higher, noting tiny inflows of $0.1 billion...Read More