- Critical hardware flaw breaks basic security: risks to online banking & digital assets- Nearly all computers worldwide, smartphones and other devices - exposed to major security risk- Two separate security flaws identified in devices powered by Intel, ARM and AMD chips- Vulnerability known about for six months by tech insiders- Cyber crime represents the biggest transfer of economic wealth in...Read More
Gold rose despite some better than expected US December private ADP numbers. The US dollar is still on the weaker side against the euro and sterling. This is the best chance for gold to rise to the $1400-$1430 zone and for silver to test $2000. FOMC minutes preventing a gold price fall is very positive for bullion in the near term. Investors know that the chances of a quicker interest rate hike...Read More
The Peruvian government might have to deal with more mining-related social protests in 2018, says a risk brief published today by Verisk Maplecroft.According to the firm, if 2017 saw several projects slowing down or stopping due to the 171 formally registered conflicts that took place throughout the country, the approval of the supreme decree 042-2017 in December, which relaxes the environmental p...Read More
Jan 6 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATECOUNTRY AUCTION DETAILS8-JanFranceAuction of BTF Treasury notes8-JanNetherlands DTC auction9-JanUnited States Sale of 3-year notes9-JanUnited KingdomAuction of 1 1/4 % Treasury Gilt 20279-JanNetherlands DSL auction 10-JanUnited States Sale of 10-year notes 10-J...Read More
Jan 6 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is fileddaily. ** Indicates new events ----------------------------------------------------------- SATURDAY, JANUARY 6 PHILADELPHIA - Bank of England Chief Economist Andy Haldane: Chairing panel s...Read More
LA PAZ, Jan 5 (Reuters) - Bolivia's consumer price index ended 2017 at 2.7 percent, below the government's target of 4.3 percent due to lower food costs, the National Statistics Institute said on Friday.December inflation was 0.34 percent. The South American nation ended 2016 with inflation of 4 percent.(Reporting by Daniel Ramos; editing by Diane Craft) Disclaimer: The views expressed in this ar...Read More
The Trump administration plans to make nearly all offshore federal waters available to oil and gas drillers in the biggest proposed lease plan ever. It's uncertain whether drillers have much interest in Pacific and Atlantic ocean regions that haven't been explored in decades, analysts and industry insiders say. Drillers face major infrastructure investment costs, logistical challenges and politic...Read More
Mr. Nelson Baker reportsMINERAL MOUNTAIN CLOSES FINAL TRANCHE OF PRIVATE PLACEMENTSubject to acceptance for filing of the final documentation by the TSX Venture Exchange, Mineral Mountain Resources Ltd. has closed the final tranche of its non-brokered unit private placement announced previously on Oct. 24, 2017, and has issued 3,326,000 units of the company at a price of 20 cents per unit to raise...Read More
The U.S. Army Corps of Engineers has accepted Pebble Limited Partnership's wetlands-fill permit, which is required under the Clean Water Act and which is also a key authorization in the permitting process for the controversial Pebble project in Alaska.Pebble Limited Partnership is a subsidiary of Vancouver-based Northern Dynasty Minerals Ltd. (TSX: NDM). For over a decade now, the company has been...Read More
(Corrects fourth paragraph to reflect it is the strongest first four trading days to a year since 2003 for the Dow and 2006 for the S&P and Nasdaq)* World shares continue push higher* U.S. Treasury yields up after U.S. jobs report* Zinc prices highest in decade By Stephanie KellyNEW YORK, Jan 5 (Reuters) - World stocks continued their strong start to 2018, with both the S&P and Nasdaq po...Read More
Big cap diversified miners are riding a wave of optimism as global growth prospects - especially in manufacturing - continues to strengthen. Global economic activity as measured by the JP Morgan global manufacturing and services index showed output rising at the fastest pace since March 2015.The manufacturing index has now signalled expansion for a record 82 months in a row and the investment...Read More
Mr. Nigel Lees reportsSAGE GOLD CLAVOS GOLD MINE UPDATESage Gold Inc. has provided an update on the bulk sampling program at its 100-per-cent-owned Clavos mine in Timmins, Ont., and plans to optimize the existing mine plan and update the mineral resource estimate.To date, the company has completed three mill runs between October and December, 2017, as part of its bulk sampling program, yielding ap...Read More
(Corrects 'fund' to 'funds' in paragraph 4)By David RandallNEW YORK, Jan 5 (Reuters) - Value stocks are getting a once-over from some U.S. growth fund managers in early 2018 as they prowl for overlooked shares they think have more upside in a market that gained nearly 20 percent last year. Value stocks, so labeled because they typically sport lower price-to-earnings valuations, tend to be in more...Read More
(Adds details on dollar, bitcoin contracts, comments, table, byline)By Gertrude Chavez-DreyfussNEW YORK, Jan 5 (Reuters) - Speculators raised net short U.S. dollar bets this week, pushing them to their highest level since mid-December, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.The value of the net short dollar positions, derived from net...Read More
(Updates market action, adds graphic)NEW YORK, Jan 5 (Reuters) - The U.S. bond market's gauges of inflation expectations rose on Friday to their highest levels since at least April on expectations of a pick-up in wage growth in 2018 following the government's payrolls report.The U.S. Labor Department said earlier Friday average hourly earnings grew 0.3 percent in December, matching analyst expect...Read More
LEAPS, or Long-term Equity AnticiPation Securities, are options with expiration dates set as far as three years into the future. They possess all the same characteristics as standard options, just with a much longer shelf life. Below, we will discuss the advantages and disadvantages of LEAPS vs. short-term options, compare buying LEAPS calls totraditional stock ownership, and look at ways to hedge...Read More
(Adds details on specific stocks, updates prices)* TSX ends down 63.5 points, or 0.39 percent, at 16,349.44* Half of the TSX's 10 main groups move lower* Index notches a 0.9 percent gain over shortened week TORONTO, Jan 5 (Reuters) - Canada's main stock index fell on Friday, weighed by losses among natural resource stocks as commodity prices pulled back, muting a strong weekly gain for the index...Read More
What is believed to be the world's most expensive bottle of vodka has been stolen from a Copenhagen bar.The $1.3-million container was made of yellow gold and silver and had a diamond-encrusted replica of the Russian Imperial Eagle on its cap. On season three of the political thriller House of Cards, it was served to US President Frank Underwood, played by the now-beleaguered Kevin Spacey.Followi...Read More
(New throughout, adds gains in Brazil, Chile stocks; outlook on currencies)By Flavia Bohone and Sheky EspejoSAO PAULO, Jan 5 (Reuters) - Brazilian and Chilean stocks hit record highs on Friday, boosted by solid economic growth data, while Mexico's peso firmed to its strongest level in more than two weeks.Chilean equities were lifted by data that showed the economy grew at its fastest pace in almos...Read More
Stocks have closed out the first week of 2018 with a bang, with the Dow adding 2.33% in the first four trading sessions -- the best start to a year since 2003. In addition, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) enjoyed their best start to a year since 2006, with all three indexes touching another round of record highs. Tech stocks like Apple (AAPL) and Cisco Systems (CSCO) were amon...Read More