Oct 18 (Reuters) - Enterprise software developer Informatica Inc is seeking a valuation of up to $9 billion in its return to the stock market nearly six years after it was taken private, the company said on Monday.The company will sell 29 million shares priced between $29 and $32 per share, it said in a filing. At the top end of that range, the IPO will rake in $928 million in proceeds.Informatica...Read More

As precious metals traders have waited out this extended sideways/downward price contraction in price over the past 14+ months, a very broad Pennant/Flag price formation is nearing an APEX level which suggests Gold may begin a new rally phase over the next 60+ days. Support near $1675 is a critical price level that has been tested three times over the past 8 months. The true APEX of the Pennant/Fl...Read More

DUBAI, Oct 18 (Reuters) - Saudi Arabia's Alamar Foods, the regional franchise operator for Domino's Pizza, is considering an initial public offering (IPO) that would allow The Carlyle Group sell some of its stake, three sources familiar with the matter said.Alamar Foods has hired HSBC to arrange the share sale, the sources told Reuters. They said deliberations were at an early stage and no final d...Read More

An understanding of the relationship between between the gold price and inflation requires historical observation and factual understanding. Below are three specific statements that are rooted in historical fact…1)  GOLD IS REAL MONEYLots of things have been used as money during five thousand years of recorded history.  Only gold has stood the test of time. It has earned its...Read More

BEIJING, Oct 18 (Reuters) - China's economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages and wobbles in the property sector, highlighting the challenge facing policymakers as they seek to prop up a faltering recovery while reining in the real estate sector.Gross domestic product expanded 4.9% from a year ago, missing forecasts, as attempts by Beijing to cu...Read More

Falling oil demand and bearish USinventories are not of any good to WTI investors. However, a deeper slide mightbe a great place to enter the trade…FundamentalAnalysis The Organization of Petroleum ExportingCountries (OPEC) has downgraded its estimate of world oil demand for 2021. Thedemand has been lower than expected so far despite strong prospects for the endof the year.In fact, in its m...Read More

Precious metals expert Michael Ballanger decries last week's manipulations in the silver market. Anyone schooled in the Canadian educational system in the 1960s is by default familiar with William Shakespeare’s famous play Hamlet about a Danish prince that seeks revenge upon his uncle who was believed to have murdered his father to seize the Danish throne. As students forced to utilize a lea...Read More

Here are five Fastmarkets stories you might have missed on Monday October 18 that are worth another look.Toyota will invest approximately $3.4 billion in automotive batteries in the United States through 2030, the Japanese automaker said on October 18.Argentinian aluminium producer Aluar will...Read More

(Reuters) - IT solutions provider CDW Corp said on Monday it would buy Sirius Computer Solutions from an affiliate of private equity firm Clayton, Dubilier & Rice (CD&R) for $2.5 billion in cash.With the acquisition, CDW expects its services portfolio to grow by about 45% and bolster its ability to help clients digitize their operations rapidly.Founded in 1980, Sirius is an IT solutions integrator...Read More

Ford Motor will invest $316 million to build electric car components at its Halewood factory in northern England, it said.The US automotive manufacturer expects power unit production to begin in mid-2024, with capacity planned to be around 250,000 units per year, it said in a release on Monday October 18.This vehicle transmission facility, which currently builds transmissions for several...Read More

With inflation more than two timeslower in Europe than in the US, the divergence between the economic zonesdeepens day by day. How might it impact gold?QEInfinity While I’ve warned on several occasionsthat the Fed and the ECB are worlds apart, thelatter now wants to provide more QE once it concludes QE. To explain, withthe ECB’s PEPP program set to expire at the end of March 2022, the...Read More

Armoredvehicle-enabled soldiers and the designers who build them understand that amain battle tank must balance three critical elements in order to"complete the mission."Thishas been true conceptually since the time of David and Goliath, the ThreeHundred Spartans at Thermopylae, with Alexander the Greats' elite SilverShields, and tank battles in four Israeli wars.As ananalogy for those w...Read More

BEIJING/PRAGUE, Oct 18 (Reuters) - Power shortages helped drive down China's economic growth to its slowest in a year, while surging coal prices on Monday threaten more pain for Chinese industry and global supply chains.Companies in Europe have trimmed outlooks amid global bottlenecks, while European gas prices, still more than 350% higher than at the start of 2021, have forced more power supply...Read More

OTTAWA, Oct 18 (Reuters) - Prime Minister Justin Trudeau's new government is set to impose higher taxes on Canadians, which will help fund some campaign promises but are not broad enough to also start paying down the country's record levels of debt, leaving Canada vulnerable to the next economic crisis, analysts say.This could be a risky strategy for the country, which piled on new debt at a faste...Read More

Sector expert Michael Ballanger links debt and wolf packs in this exploration of the effects that the troubled Chinese company will have on gold.When I first launched the GGMA Advisoryservice in January 2020, the very first Forecast Issue dealt with the globe's number one ailment, and it was not then, and is not today, related to mankind's physical health but rather its financial health. The word...Read More

Ford Motor will invest $316 million to build electric car components at its Halewood factory in northern England, it said.The US automotive manufacturer expects power unit production to begin in mid-2024, with capacity planned to be around 250,000 units per year, it said in a release on Monday October 18.This vehicle transmission facility, which currently builds transmissions for several...Read More

A summary of the operational results for Russian steelmaker Severstal for the third quarter (July-September) of 2021In brief Steel sales were up by 1% quarter on quarter to 2.69 million tonnes due to strong sales of pig iron and slabs. Sales of hot-rolled steel and plate increased by 1% quarter on quarter to 1.12 million tonnes. The total share of export sales volume, including sales of pig iron,...Read More

Lets start with the BPGDM, Gold miners bullish percent chart which has just made a lower low along with the GDX on top. If you recall I was looking for some kind of divergence between the 2 which hasn’t happened yet red arrows on right side of the chart. There is no doubt that the BPGDM is trading down toward the low end of its range between 100 on top and zero on the bottom. It would be nic...Read More

Giuseppe Pasini, chairman of Italy's Feralpi Group, one of the leading long steel manufacturers in the European Union, spoke with Fastmarkets' Julia Bolotova about the challenges facing the European steel sector and Feralpi's strategy in light of the EU's ambitious greenhouse emissions reduction goals and global trade restrictions.Energy crisis in EuropeThe recent jump in electricity and gas price...Read More

Here are five Fastmarkets stories you might have missed on Monday October 18 that are worth another look.Toyota will invest approximately $3.4 billion in automotive batteries in the United States through 2030, the Japanese automaker said on October 18.Argentinian aluminium producer Aluar will...Read More