WASHINGTON (Reuters) - U.S. and Mexican trade ministers were set to resume talks over the North American Free Trade Agreement in Washington on Tuesday in a final push for a deal on autos that would open the door for Canada to return to negotiations this week.If Mexican Economy Minister Ildefonso Guajardo and U.S. Trade Representative Robert Lighthizer can resolve remaining bilateral issues, &ldquo...Read More
(Kitco News) - Gold prices areslightly higher in midday U.S. trading Tuesday. Prices did poke back above$1,200.00 overnight, as the U.S. dollar is under pressure today after PresidentTrump expressed disappointment with the Federal Reserve. This week the gold andsilver market bears are showing signs of exhaustion, to suggest near-termmarket bottoms are in place. December gold futures were last up $...Read More
(Kitco News) - Gold prices are slightly higher in midday U.S. trading Tuesday. Prices did poke back above $1,200.00 overnight, as the U.S. dollar is under pressure today after President Trump expressed disappointment with the Federal Reserve. This week the gold and silver market bears are showing signs of exhaustion, to suggest near-term market bottoms are in place. December gold futures were last...Read More
Target stock has moved lower after the last three earnings reports Target Corporation (NYSE:TGT) stock is down 0.3% at $83.04 in afternoon trading, as investors gear up for the company's impending earnings report. The retail giant is slated to release its second-quarter earnings before the market opens tomorrow, Aug. 22. Below we will dive into Target's earnings history, as well as how TGT stock...Read More
"Global Fabrication Gold Market 2018-2022| Innovation in the Gold Mining Industry to Promote Growth| Technavio https://t.co/plSKycpMZj"Read full newsRead More
Pancontinental Resources Corporation ("Pancon") (TSXV:PUC) (Read full newsRead More
(Reuters) - The benchmark S&P 500 edged closer to a record high on Tuesday, matching its longest-ever bull-market run, as U.S. stocks rose after some encouraging earnings reports and on hopes that the United States and China could resolve their tariff dispute.At its session high, the S&P 500 was 0.14 percent shy of its Jan. 26 all-time high. The index’s bull run will turn 3,453 days...Read More
DENVER, CO (Reuters) - American Airlines (AAL.O) is cutting a route from Chicago to Shanghai, cancelling the second direct flight from the U.S. city to China in four months, the carrier said on Tuesday, citing higher fuel costs and a “competitive environment.”American said in a statement it will seek a U.S. Department of Transportation waiver to allow “a return to the market once...Read More
A spate of mass toxic poisonings in the Cambodian provinces of Kratie and Mondulkiri have hospitalized hundreds and killed at least 16 people since May. Although the causes of the...Read full newsRead More
SAO PAULO, Aug 21 (Reuters) - There is little likelihood that Brazil's Samarco iron ore mine, a joint venture between Vale SA and BHP Billiton, will restart operations next year even though it expects to have all of the required licenses, a BHP spokesman said on Tuesday.The statement confirmed comments made by another BHP official, Bryan Quinn, in an interview with newspaper Valor Economico.Quinn,...Read More
The Dow is heading for a fourth straight positive sessionThe Dow Jones Industrial Average (DJI) is trading higher at midday, on pace for a fourth straight win. Investors are reacting to the latest round of corporate earnings, and President Donald Trump's Reuters interview, in which he discussed trade talks with China and rising interest rates. While the S&P 500 Index (SPX) is also gaining -- and...Read More
Latest U.S.-China trade talks give gold an excuse to rally.Massive short interest, fund liquidations, suggest temporary low.Don't get too bullish, though, as gold's interim trend remains down.In hitting its low for the year last week, gold's sour performance has generated a flurry of interest in the metal among investors. There has also been a notable increase in gold coverage in recent da...Read More
JPMorgan Chase is launching a free trading app next weekThe shares of online brokers are taking a hit today, on news JPMorgan Chase (JPM) will launch a free trading app next week called You Invest. Among the financial stocks trading lower are E*TRADE Financial Corp (NASDAQ:ETFC) and Charles Schwab Corporation (NYSE:SCHW) -- sending options traders into overdrive.E*TRADE Financial Stock Call Option...Read More
NEW YORK (Reuters) - Bond investors remained cautious on longer-dated U.S. government debt on Monday before the Wednesday release of the Federal Reserve’s minutes on its July 31-Aug. 1 policy meeting, a J.P. Morgan survey showed on Tuesday.The Federal Open Market Committee, the U.S. central bank’s policy-setting group, left key overnight borrowing costs unchanged at that meeting. It si...Read More
BERLIN (Reuters) - Europe needs to set up payment systems independent of the United States if it wants to save the nuclear deal between Iran and major powers that was abandoned by President Donald Trump, German Foreign Minister Heiko Maas said.“That’s why it is indispensable that we strengthen European autonomy by creating payment channels that are independent of the United States, a E...Read More
The U.S. risks losing out from its curbs on trade as rival nations including China will seek to do more business with each other, BHP Billiton Ltd. Chief Executive Officer Andrew Mackenzie warned as the head of the world's largest miner stepped up his criticism of rising protectionism.Read full newsRead More
WASHINGTON (Reuters) - U.S. State and Treasury Department officials told a U.S. Senate committee hearing on Tuesday that Washington is prepared to impose more economic pain on Russia if it does not change its behavior, and that significant amounts of arms deals with Russia have been abandoned as a result of U.S. diplomatic efforts.Christopher Ford, assistant secretary at the State Department's Bur...Read More
BAGHDAD (Reuters) - Iraq’s economy is so closely linked to Iran that Baghdad is going to ask Washington for permission to ignore some U.S. sanctions on its neighbor, Iraqi government and central bank officials said.U.S. President Donald Trump withdrew the United States from an international deal aimed at limiting Iran’s nuclear program earlier this year and reimposed trade sanctions.Wa...Read More
• The ongoing USD sell-off continues to drive the commodity higher. • Risk-on mood/pickup in the US bond yields seemed to cap gains. Gold traded with a positive bias for the third consecutive session and touched a one-week high during the European session on Tuesday. The precious metal extended its steady recovery from near 20-month lows and was furth...Read More
TAIPEI/BEIJING (Reuters) - Taiwan vowed on Tuesday to fight China’s “increasingly out of control” behavior after Taipei lost another ally to Beijing when El Salvador became the third country to switch allegiances to China this year.Taiwan now has formal relations with only 17 countries worldwide, many of them small, less developed nations in Central America and the Pacific, inclu...Read More