LONDON (Reuters) - A deepening political crisis in Italy, the euro zone’s third biggest economy, fuelled a selloff in Italian assets and the euro on Tuesday that was reminiscent of the euro zone debt crisis of 2010-2012.Short-term Italian bond yields suffered the biggest one-day jump since 1992 IT2YT=RR, while Italian and wider euro zone banking stocks saw their worst day since August 2016 ....Read More
(Kitco News) - Global financial markets were spooked Tuesday as Italian bank yields saw the biggest single-day surge on record for its 10-year bonds Tuesday, following escalating political turmoil in the country.The gold market has benefit from renewed "risk-off" sentiment as prices hold above $1,300 an ounce.The 48 basis-point rise in Italian 10-year government bond yields create significant mark...Read More
MCX LEAD INTRADAY TARGET TIPSLead Intraday Target – Lead Mcx Sell Call a36 given at price 167.10 Achieved 1st Target 166. Made CMP 166 low. Profit of 1.10 x 2 lot = 2.20 Points in lead tipsCALL ID a36 : Today Lead Tips - SELL Lead at CMP 167.10 - 167 (CMP 167) for target 166 - 165.10 with SL Above price 168.10 Read More
Today Lead Tips – SELL Lead at CMP 167.10 – 167 (CMP 167) for target 166 – 165.10 with SL Above price 168.10 Read More
Today London Metal Exchange (LME) StockLME Inventory Report : 29/05/2018 Aluminium down by -3600MT,Copper up by 1300MT,Lead up by 100MT,Nickel down by -1512MTTin – NA &Zinc down by -175MT. Read More
MCX LIVE ZINC TIPS TODAYLive Zinc – Zinc Buy call a2f given at price 208.85 Achieved Target price 209.45 & 2nd Target 209.95, CMP 210.35. Total Profit of 1.10 x 2 lot = 2.2 PointsTIPS ID a2f : Zinc Call – BUY Zinc at CMP 208.85 for Target 209.45 – 209.95 with SL below price 208.35. Trade with 2 lots Read More
(Kitco News) - Gold prices were modestly lower in early-afternoon U.S. trading Tuesday. Prices were up from daily lows amid a U.S. stock market sell-off and some new geopolitical uncertainties. Still, a very strong U.S. dollar and a slumping crude oil market are trumping an uptick in geopolitical tensions early this week. June Comex gold futures were last down $2.20 an ounce at $1,301.50. July Com...Read More
Free Mcx Aluminium Tips – Aluminium Sell call a2e given at price 153.35 CMP 152.75. Low risk taker book 0.6 x 2 lot = 1.20 Points at CMP. RISK Taker wait for TGTa2e : Aluminium Today - SELL Aluminium at CMP 153.35 for Target 152.60 - 152.0 with SL Above price 154.25 Read More
Nickel Mcx – Nickel buy call a25 given at price 1009 CMP 1014. Low risk taker book 5 point x 2 lot = 10 pointsTIPS ID a25 : Nickel Intraday - BUY 2 lot Nickel at CMP 1009 for Target 1016 with SL below price 1004 Read More
Zinc Call – BUY Zinc at CMP 208.85 for Target 209.45 – 209.95 with SL below price 208.35. Trade with 2 lots Read More
Aluminium Today – SELL Aluminium at CMP 153.35 for Target 152.60 – 152.0 with SL Above price 154.25 Read More
(Kitco News) - Although the gold market has struggled to attract fresh investment capital, one mining CEO said that the market has held up exceptionally well, given the headwinds the precious metals face.In a recent interview with Kitco News, Americas Silver Corp.(NYSE: USAS) CEO Darren Blasutti said that gold faces tough competition as the U.S. dollar benefits from a growing economy that is seein...Read More
Nickel Intraday – BUY 2 lot Nickel at CMP 1009 for Target 1016 with SL below price 1004 Read More
(Kitco News) - Gold continues to be caught in a series of crosswinds. Financial risks in Europe continue to grow as political uncertainties in Italy and Spain dominate the headlines. The euro remains under heavy selling pressure, as traders perceive the ECB may delay plans to unwind their quantitative easing policy, as the Fed continues to tighten. Elections in Italy are likely to be called for l...Read More
(Kitco News) - Gold continues to garner investor attention in the current economic environment, and one analyst says fund flows indicate prices are nearly ready to take off.“Alternative asset allocators appear hard at work, increasing exposure to gold at an accelerating pace vs. last year, despite the flat price in 2018,” said Mike McGlone, Bloomberg Intelligence commodity analyst, in...Read More
As traders return from the Memorial Day holiday, markets are under pressure. On Monday with the markets open electronically, equities were higher, while metals and energy were under pressure. Today equities are getting hammered and gold has rallied back to unchanged. This holiday-shortened week could pack a big punch in all markets, with the equities testing support, energy breaking down, bonds sp...Read More
SHANGHAI, May 29 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index touched a five-month high last night at nearly 94.5 before it closed 0.18% higher at 94.41, as the US state department confirmed that a US-North Korea meeting will be held as scheduled. A weakening euro to a low in six months and a half also accounted fo...Read More
SHANGHAI, May 29 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index touched a five-month high last night at nearly 94.5 before it closed 0.18% higher at 94.41, as the US state department confirmed that a US-North Korea meeting will be held as scheduled. A weakening euro to a low in six months and a half also accounted fo...Read More
SHANGHAI, May 29 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index touched a five-month high last night at nearly 94.5 before it closed 0.18% higher at 94.41, as the US state department confirmed that a US-North Korea meeting will be held as scheduled. A weakening euro to a low in six months and a half also accounted fo...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 15 points in pre-opening trade. Investors are responding to growing political instability in Italy. Netflix added $0.04 to $351.33 after MKM Partners raised its target price on the stock to $390 from $320. Bank of Nova Scotia (BNS $79.94 Cdn) is expected to open higher after reporting higher than consensus fiscal seco...Read More