BEIJING, Dec 31 (Reuters) - China will maintain prudent monetary policy and reasonable loan growth in 2018, central bank chief Zhou Xiaochuan said in comments published on Sunday.In a new year's message, Governor Zhou said that in 2017 the People's Bank of China (PBOC) had strengthened macro-economic controls, deepened financial reform, prevented systemic financial risks and promoted finance to se...Read More
(Updates death toll)KINSHASA, Dec 31 (Reuters) - Congolese security forces killed at least four people on Sunday during protests against President Joseph Kabila's refusal to step down from office, according to the police and rights groups. Three people were killed in altercations with security forces in the capital, Kinshasa, police spokesman Pierrot Mwanamputu said. Rights groups said at least t...Read More
DUBAI, Dec 31 (Reuters) - Saudi Arabia's National Commercial Bank (NCB), the kingdom's largest lender, said on Sunday its board had proposed increasing the bank's capital by 10 billion riyals ($2.7 billion) through issuing bonus shares to help support growth.In a statement to the Saudi stock market, NCB said it will increase its capital to 30 billion riyals from retained earnings, by issuing one b...Read More
DUBAI, Dec 31 (Reuters) - The Qatar central bank's international reserves and foreign currency liquidity rose slightly in November, official data showed on Sunday, as capital outflows caused by sanctions imposed by other Arab states appeared to ease.The reserves and liquidity, a measure of the central bank's ability to support the riyal currency, increased to $36.9 billion last month from $36.1 bi...Read More
By Sinead CarewDec 29 (Reuters) - U.S. stocks are expected to keep rising in 2018 because a massive drop in the corporate tax rate is seen boosting the economy and corporate profits, but strategists say sizable gains could either be short-lived or elusive.The bull market is on track to mark its ninth birthday in March, with the S&P 500 climbing 20 percent for 2017 - its biggest increase since...Read More
Some monthly charts of interest in the commodity sector, including precious metals.CRB Index dwells below key resistance. A break of 200 would target around 250 in 2018. CRB/SPX Ratio shows the utter devastation of the Goldilocks era of Central Bank inflation with no apparent consequences. This is not likely to last.WTI Crude Oil sits below resistance at 62-63, with a target of 75.NatGas is a bask...Read More
Imaginationsof the Misguided It’s Christmas 2017 and North Korean Dear Leader Kim Jong-un is facinga crisis. Recently the United States, with UN approval, imposed the harshestround of economic sanctions yet on his reclusive regime. While North Korea has been sanctioned since 2006 due to continuingattempts to develop nuclear weapons, this new provocation by its sworn nemesisis the last s...Read More
...and goodbye to 2017, which is ending with a last gasp effort from the precious metals as gold closes the year just above the long defended $1300 level and silver makes it back above $17.00 at the close. The DJIA had its own new all-time high at 24837.51 on Thursday, but on Friday it was dragged lower by end of year selling - tax related perhaps? - not the typical selected ramping higher by fund...Read More
Michael S. "Mickey" Fulp is a Certified Professional Geologist with over 29 years experience as an exploration geologist searching for economic deposits of base and precious metals, industrial minerals, coal, uranium, and water in North and South America and China. Mickey has worked for junior explorers, major mining companies, private companies, and investors as a consulting economic geologist fo...Read More
Some monthly charts of interest in the commodity sector, including precious metals.CRB Index dwells below key resistance. A break of 200 would target around 250 in 2018.CRB/SPX Ratio shows the utter devastation of the Goldilocks era of Central Bank inflation with no apparent consequences. This is not likely to last.WTI Crude Oil sits below resistance at 62-63, with a target of 75.NatGas is a baske...Read More
Conservative Gold High Target for 2018: $1434Flashback to Stateside Tax Day, 15 April 2013. Do you remember what really got "taxed" that day? Gold: high-to-low it fell 160 points from 1495 to 1335, the largest single-day points thrashing through this millennium's 17 years, and on a percentage basis (-10.7%), the third worst of the bunch. Following that fallout, Gold continued through springtime at...Read More
The U.S. Dollar is not ruling the seas of global commerce anymore. In 2018, non-Dollar platforms will continue the Dollar's decline, Dr. Jim Willie tells Silver Doctors.The Dollar has been the world reserve currency for decades, but the increase of non-Dollar trade is threatening the Dollar's dominance.Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD...Read More
Top silver expert David Morgan tells Silver Doctors his 2018 forecast for the silver and gold markets.Looking back at 2017, Morgan says he's most surprised by the interest in the cryptocurrencies. Bitcoin rose about 1,300 percent. Gold and silver's gains of 14 percent and four percent pale in comparison.2018 will be a better year for the metals, Morgan says, led by gold. He sees cryptocurrency spa...Read More
Price DataSymbolDatePriceASX:HRN12/28/2017AUD0.25Alert me when stock is updatedQuick LinksLogin to accessDescriptionHorizon Gold Ltd are a gold focused junior, late stage development companyLogin to access Don's SummaryGeneral DetailsFinancial12/31/2017LastAnalysisDataCurrent DataChangeItemValueValueUpdatedValueMkt. Cap (Fully Diluted):$15.02M$15.04M12/31/2017$0.02MTotal Assets:$20.29M$20.32M12/31...Read More
"When it comes to North-South relations, we should lower the military tensions on the Korean Peninsula to create a peaceful environment. Both the North and the South should make efforts."Continue...Read More
Conservative Gold High Target for 2018: $1434Flashback to Stateside Tax Day, 15 April 2013. Do you remember what really got "taxed" that day? Gold: high-to-low it fell 160 points from 1495 to 1335, the largest single-day points thrashing through this millennium's 17 years, and on a percentage basis (-10.7%), the third worst of the bunch. Following that fallout, Gold continued through springtime at...Read More
"Clinical studies with an older version of this drug type already showed very promising results in people with Alzheimer's disease or with mood disorders"Continue...Read More
Continue...John Mauldin is a renowned financial expert, a New York Times best-selling author, a pioneering online commentator, and the publisher one of the first publications to provide investors with free, unbiased information and guidance, Thoughts from the Frontline-the most widely read investment newsletter in the world. Each week, well over a million readers turn to John Mauldin to better und...Read More
DUBAI, Dec 31 (Reuters) - Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL* GLOBAL MARKETS-Stock performance in 2017 points to wealth for many nations * MIDEAST STOCKS-UAE markets rise at end of very poor year; some fund managers expect better 2018 * U.S. crude ends y...Read More
SEOUL, Dec 31 (Reuters) - South Korea's central bank chief on Sunday said monetary policy should remain accommodative in 2018 because inflationary pressure is weak even as the economy is expected to post solid growth in the coming year."Inflationary pressure from the demand side isn't forecast to be big and so monetary policies should remain accommodative for the time being," Bank of Kor...Read More