Pakistan's National Tariff Commission (NTC) has imposed anti-dumping duties on color-coated coil (PPGI) from China and South Africa, the NTC said on Wednesday, June 13. PPGI imports more than 0.23mm thick and classified under HS codes 7210.7020, 7210.7090, 7212.4010 and 7212.4090 from Chinese producers will be subject to 5.36-10.88% duty. PPGI imports of the same specification...Read More

Oracle is expected to report earnings after the close tomorrowCloud concern Oracle Corporation (NYSE:ORCL) is slated to report its fiscal fourth-quarter earnings after the close tomorrow. Oracle stock is down 0.4% at $46.11, at last check, after last week suffering an analyst-related bear gap back below the 320-day moving average. What's more, ORCL shares have a history of negative earnings react...Read More

Nickel prices on the London Metal Exchange had fallen by 1.4% by the close of trading on Monday June 18, pressured by a strong dollar index and low trading volumes across the complex. Closing below $15,000 per tonne for the first time since May 29, nickel's three-month price has edged away from its steady approach towards $16,000 per tonne last week. Pressured by a surging dollar index, which reac...Read More

Oil prices are on the rise, howeverThe Dow Jones Industrial Average (DJI) is suffering a triple-digit pullback today, putting it on pace for a fifth straight loss, as a lack of earnings and economic data is leaving trade fears front and center. Plus, Intel (INTC) is the biggest blue-chip decliner after the chip stock was downgraded to "underperform" at Northland Capital, while Walt Disney (DIS) sh...Read More

 CloseGain/LossGold $1278.40-$2.10Silver$16.44-$0.15XAU82.38-0.24%HUI177.84-0.02%GDM620.62+0.02%JSE Gold1064.91+16.27USD94.79+0.02Euro116.21+0.12Yen90.57+0.14Oil$65.85+$0.7910-Year2.920%-0.005T-Bond144.5625+0.0625Dow24987.47-0.41%Nasdaq7747.03+0.01%S&P2773.75-0.21%  The Metals: Gold waffled between $1282.40 and $1277.10 and ended with a loss of 0.16%. Silver chopped between...Read More

The Texas Bullion Depository officially opened for business this week. The creation of the facility represents a power-shift away from the federal government, and sets the foundation to undermine the Federal Reserve's monopoly on money.In June 2015, Gov. Greg Abbot signed legislation creating the state gold bullion and precious metal depository. The facility will not only provide a secure p...Read More

LatestPrice – $2552Pattern – we have a pattern of lower lows and lower highs onthis chart signifying a downtrend. Given that price has risen sharply this yearso the question becomes is this the start of a new bull trend? No, not in myopinion. WeeklyChartBollingerBands – price came down to the lower band where support came in and price hasbounced back up to near the middle band. W...Read More

Total open interest on FDX stock is docked in the low 4th annual percentileIt's near the end of earnings season, but delivery giant FedEx Corporation (NYSE:FDX) is slated to unveil its fiscal fourth-quarter results after tomorrow's close. Ahead of the event, FDX stock is seeing a rare pop in options volume, with calls and puts crossing at around two times what's typically seen at this point in the...Read More

G?(C)camines is to invite all of its joint venture partners to discuss the terms and conditions of their mining contracts with it in an effort to restructure them, the chairman of the Congolese state-run company said. According to Albert Yuma, the goal of the various discussions will be to ensure reasonable levels of capitalization and more shared decision-making mechanisms. "Otherwise, we will no...Read More

The stock also received a massive price-target cut from one brokerage firmShares of Catalyst Biosciences Inc (NASDAQ:CBIO) are spiraling today, after the drugmaker provided an update on an early stage trial for its hemophilia B treatment. Specifically, the study has been put on hold until it can be determined why the two patients enrolled developed neutralizing antibodies after being treated with...Read More

Traders should remain cautious until Fed-day resistance is taken out"Ironically, short-term market participants have turned positive on stocks just ahead of this Wednesday's FOMC meeting... note that stocks have struggled in the month after a rate hike during the current tightening cycle -- with a notable exception being December 2017, when tax cuts 'Trumped' Fed policy."-- Monday Morning Outlook,...Read More

Comex copper prices on Monday June 18 are on a three-day downturn to a two-week low amid escalating trade conflicts between the United States and China. Copper for July settlement on the Comex division of the New York Mercantile Exchange fell 3.65 cents or 1.2% to $3.1080 per lb. Earlier, the contract traded at $3.1065, the lowest since June 4. A rekindling of trade disputes between the US and Chi...Read More

LatestPrice – $159.90. Previousanalysis updated – price has traded exactly as outlined, rallying beforefinding resistance and I now believe the next leg up has commenced. DailyChartPattern – an uptrend is clearly in play with price breakingthe previous swing high before correcting. Price appears to have just put inanother low with the next keg up now underway.Fibonacci– the...Read More

JD.com will sell select products through Google's shopping platformShares of JD.com Inc (NASDAQ:JD) are up 2.8% at $44.83 in early trading, after Googleannounced a $550 million investment in the Chinese internet firm. Per the agreement, Google will receive 27.1 million JD Class A shares, priced at $20.29 each, while JD will sell select products through Google's shopping platform. JD has been s...Read More

Spot copper concentrate treatment and refining charges (TC/RCs) jumped up sharply in the first half of June after smelters overcame resistance from traders and miners to sell at higher levels. Metal Bulletin's copper concentrates TC/RC index shot up by $3.40 per tonne / 0.34 cents per lb on Friday June 15 to its highest level since January, when the index normalization method was adjusted to...Read More

The brokerage firm said Disney's current price doesn't reflect its bid for FOX's assetsPivotal Research downgraded Walt Disney Co (NYSE:DIS) to "sell" from "hold," saying the Dow stock's recent run up the charts doesn't price in the company's buyout offer for Twenty-First Century Fox's (FOXA) entertainment assets. The brokerage firm also said Disney "would be further weakened" should the transacti...Read More

The latest news and price moves to start the Asian day on Tuesday June 19.Nickel prices on the London Metal Exchange fell on Monday June 18, closing below $15,000 per tonne for the first time since May 29, pressured by a strong dollar index and low trading volumes across the complex. Read more in our live futures report.Here are how prices looked at the close of trading:Common themes throughout th...Read More

Every other covering analyst still says "buy"Touch technology specialist Immersion Corporation (NASDAQ:IMMR) is trading down 7.8% today at $15.20, following a downgrade to "hold" from "buy" at Craig-Hallum. This news is overshadowing the company's licensing agreement with Calsonic Kansei. It also marks the first analyst rating that's not a "buy" on IMMR shares, which had been surging coming into t...Read More

U.S.-China trade tensions are weighing heavily on stock futures this morningFutures on the Dow Jones Industrial Average (DJI) are signaling sharp losses as global trade tensions remain at the forefront. The Dow is set to drop over 200 points, extending Friday's steep losses after President Donald Trump announced tariffs impacting $50 billion of Chinese goods. However, July crude futures are up 0.3...Read More

The latest metals news and price moves to start the North American day on Monday June 18.Base metals on the London Metal Exchange were mostly higher during morning trading on Monday June 18 despite pressure from another surge in the dollar index.Here's how...Read More