The Tuesday Market Minute Global stocks steady as China markets stage late-session rebound amid speculation of PBOC intervention.China's yuan slides to near one-year low against the U.S. dollar as trade war impact hits growth sentiment.Euro recovers as German leaders reach deal on immigration that likely eases pressure on Chancellor Angela Merkel.Oil prices jump as Libya declares Force ...Read More

(Kitco News) - Gold and silver pricesare moderately higher in early U.S. trading Tuesday, on someshort covering in the futures markets and perceived bargain-basement buying inthe cash markets. Gold hit a 12-month low overnight and silver scored a6.5-month low on Monday. The key “outside markets” are also in a bullish dailyposture for the precious metals markets today, as the U.S. dolla...Read More

Turkish steel mills have remained quiet in the deep-sea scrap markets, waiting for lower prices from suppliers due to falling values for finished steel and billet, sources said on Tuesday July 3.The mills in the country booked a number of deep-sea cargoes from the United States last week but fell quiet later in the week. The material in the cargoes was priced around $354 per tonne cfr for HMS 1&2...Read More

Alfred Stewart, President of Bluebird Battery Metals, a geologist, examines mineral samples at the Canegrass prospect in the Mount Magnet area West Australia. Photo courtesy Bluebird Battery Metals Inc.It is widely predicted that electric vehicles - EVs - are the transportation solution of the future. Around the globe in China, Europe and North America, consumers are turning to electric vehicles a...Read More

BRUSSELS/BERLIN (Reuters) - China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump’s trade policies at a summit later this month but is facing resistance, European officials said.In meetings in Brussels, Berlin and Beijing, senior Chinese officials, including Vice Premier Liu He and the Chinese government’s top diplomat, State C...Read More

Stornoway Diamond's Renard diamond mine in Quebec. Source: Stornoway Diamond Corp.Stornoway Diamond Corp. [SWY-TSX; SWYDF-OTC] said it has suspended operations at its Renard diamond mine in the James Bay region of Quebec due to a forest fire in the region. As of 6:30 a.m. on Monday July 2, the fire covered an area of 18 by 6 km and was located south of the mine, fanned by northerly winds. While...Read More

LONDON (Reuters) - World stocks rose on Tuesday, supported by gains in Europe and three straight days of tech-driven rises in the United States, even though markets across Asia and especially China remained in the grip of trade turbulence.Wall Street was set for another firmer session as investors positioned for strong Silicon Valley earnings before the reporting season starts next week, while Eur...Read More

LiCo Energy geologist Joerg Kleinbeck at the ramp entrance to the Teledyne Project northeast of the Town of Cobalt, Ontario. Source: LiCo Energy Metals Inc.LiCo Energy Metals Inc. [LIC-TSXV; WCTXF-OTCQB] has announced the appointment of Richard Wilson as President and CEO. Wilson is reassuming those roles from Tim Fernback, who is stepping down for personal reasons, the company said in press relea...Read More

* Support for gold comes in at $1,236/oz - MKS trader * Trade war concerns weigh on Asian stocks (Recasts, adds comments, and updates prices)By Karen RodriguesBENGALURU, July 3 (Reuters) - Gold prices recovered from anearly seven-month low on Tuesday as dollar eased and Asianshares sank amid heightening trade friction between the UnitedStates and major economies.Spot gold was up 0.3 percent at $1,...Read More

Comex copper prices were slightly lower on Tuesday July 3 morning in the US, with trade shallow ahead of the Fourth of July holliday.Copper for September settlement on the Comex division of the New York Mercantile Exchange inched down 0.10 cents or 0.1% to $2.9430 per lb. The contract now sits at its lowest point since August 2017.Base metals have...Read More

When it comes to life, change is a constant and there will always be good times and bad times. For anyone with any experience in the Game of Speculation, you’re well aware that markets are volatile and resemble something like that of a sine wave.Ups and downs.Peaks and valleys.Life is really no different from speculating — It’s a case study on human behavior and psychology.Which...Read More

BEIJING (Reuters) - China’s embassy in Washington has issued a security advisory to Chinese nationals traveling to the United States, the latest such warning as trade tensions escalate between the two countries.The embassy warned Chinese tourists to be aware of issues including expensive medical bills, the threats of public shootings and robberies, searches and seizures by customs agents, te...Read More

ROME (Reuters) - The new Italian government will not adopt measures to lower this year’s budget deficit, as requested by the European Commission, and is also ready to raise next year’s deficit goal, Economy Minister Giovanni Tria said on Tuesday.“The government doesn’t have the intention of adopting corrective measures for this year,” Tria told a parliamentary panel.T...Read More

LONDON (Reuters) - U.S. authorities have demanded the U.S. arm of Glencore Plc (GLEN.L) hand over documents relating to its business in Nigeria, the Democratic Republic of Congo and Venezuela, sending shares in the parent company down more than 10 percent.The Swiss-based commodities trader and miner said its subsidiary had received a U.S. Department of Justice subpoena requesting documents and rec...Read More

NEW YORK (Reuters) - The world’s top food companies and farmers of crops such as beet sugar are pitted against each other as they lobby the U.S. government over plans to label genetically engineered ingredients.At the heart of the issue is transparency over ingredients used in food. Packaged foods makers are facing flagging consumer trust and stagnating demand for some core products as consu...Read More

Early FI is the ultimate dream… It’s something that has universal appeal and everyone wants it…But as the years go by, I’m learning and experiencing first-hand just how tough and arduous a task accomplishing that wonderful end goal is becoming…. Right now, I’m back in the Bay Area, and I’m astounded on a daily basis just trying to grasp how expensive every...Read More

NEW YORK (Reuters) - A three-year U.S. Securities and Exchange Commission investigation found that Dow Chemical failed to properly disclose around $3 million in perks for former Chief Executive Andrew Liveris, ranging from personal use of company aircraft to sporting events and dues Dow paid to a charity Liveris chaired.In a statement issued Monday, the SEC said it settled charges with Dow related...Read More

Three-month base metals prices on the London Metal Exchange were split into two camps on the morning of Tuesday July 3, with aluminium and tin prices both off by 0.3%, while the rest of the complex was up by between 0.1% and 0.6%. Zinc led the rebound, while copper was the laggard at $6,578 per tonne.Volume has been above average with 8,372 lots traded as at 7:13am London time.Precious metals were...Read More

WASHINGTON (Reuters) - President Donald Trump spoke with Republican Senator Mike Lee of Utah about the coming vacancy on the U.S. Supreme Court, Utah's Deseret News reported on Tuesday.Lee confirmed he spoke with Trump by telephone on Monday but did not elaborate, the newspaper said. Lee and his brother, Utah Supreme Court Justice Thomas Rex Lee, are both on Trump's list of potential nominees.(Cor...Read More

BERLIN (Reuters) - A migrant policy deal struck by Chancellor Angela Merkel to save the German government got a skeptical reception on Tuesday from her Social Democrat coalition partners, although Brussels said it appeared at first sight to comply with European law.The center-right leader needs the backing of both her junior coalition partner and fellow European Union states if the plan is to succ...Read More