LONDON, Feb 27 (Reuters) - Assets invested in leveraged and inverse exchange-traded funds (ETFs) and products (ETPs) hit a record $87.3 billion at the end of January, research and consultancy firm ETFGI said. Investors have blamed such complex trading instruments for exacerbating the vicious sell-off in global equity markets at the beginning of February.ETFs track baskets of stocks and have become...Read More

* Powell sticks to path of gradual rate hikes* Macy's jumps after reporting upbeat Q4 same-store sales* Comcast offers to buy Sky for $31 bln * Dow up 0.08 pct, S&P up 0.08 pct, Nasdaq down 0.01 pct(Updates to open)By Sruthi ShankarFeb 27 (Reuters) - U.S. stocks were little changed on Tuesday, with losses in media stocks weighing on major indexes, while investors braced for Federal Reserve Cha...Read More

In the assumption that one of the three recommendations by the DOC (Dept. of Commerce) is adopted and unlike section 201 made permanent, US producer prices (FOB Midwest mill) are unlikely to fall in the short term but the degree of gains could be quite different.In this article we examine "option 3" - a quota regime, which restricts foreign steel to 63% of the 2017 total. In this scenario the pric...Read More

Gold is under stress on a higher USD after Powell sounded more optimistic in the Q&A session of his testimony. Earlier, Gold inched down after Powell said market volatility won’t stop more rate hikes. Gold is now trading around $1,317.00 a troy ounce in US session, down by almost 1.20% on a higher USD after the new Fed chair sounded more optimistic about inflation i...Read More

Fed's Powell testimony lift hopes for a fourth rate hike this year. Spot gold challenging a three-week low. Fed head Powell's testimony is giving the greenback a nice boost against all of its major rivals, with gold breaking below $1,320.00 a troy ounce, currently at 1,316.80, challenging a three-week low and pressuring the 38.2% retracement of its December/January rally. The American doll...Read More

Evolution CEO says hedge fund made valid points on industryGeneralist investors scarred by gold miners' mistakes: KleinJake Klein, Evolution Mining chairman and co-founder, says that gold giants must change to woo scarred investors. Billionaire hedge-fund manager John Paulson is right to press top gold producers to avoid repeating their bad deal-making habits as prices press higher after notc...Read More

Gold has shown weak trending activity despite some "goldbug" predictions. However there are some bullish signals that suggest a slow breakout higher. Daryl Guppy Published 21 Hours AgoUpdated21 Hours AgoCNBC.com The defining feature of the gold price chart is that it has taken so long to go nowhere. Gold appears to have slipped into a zombie state, largely unmoved by a weaker dollar, or interest...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellFormer Vancouver broker Ula Hartner has accepted an 18-month suspension and $45,000 in financial penalties from the Investment Industry Regulatory Organization of Canada for excessive trading. IIROC said that she placed scores of orders in the account...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for April delivery gained 36 cents to $63.91 on the New York Merc, while Brent for April gained 19 cents to $67.50 (all figures in this para U.S.). Western Canadian Select traded at a discount of $28 to W...Read More

TSX VENTURE: SEKwww.secovametals.com Mr. Bradley Kitchen reports:Vancouver, British Columbia--(Newsfile Corp. - February 27, 2018) - Secova Metals Corp. (TSXV: SEK) (FSE: N4UN) (OTC: SEKZF) ("Secova" or the "Company") is very pleased to announce that the Company has acquired 1151640 B.C. Ltd., a private B.C. Company which sole assets are the Muskrat, Boudrais and Peribonka-Begin Cobalt Projects th...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange rose a fraction to 826.87 Monday. Shell graduate and Namibian lithium explorer Desert Lion Energy Inc. (DLI) began trading today. It reached an intraday high of $2.35 before closing at $2 on 303,000 shares. Des...Read More

Some flat steel import offer prices in the United Arab Emirates and Saudi Arabia decreased this week despite the strong demand in the UAE, sources told Metal Bulletin on Tuesday February 27.UAEHot-rolled coil was being offered to the UAE at $620-630 per tonne cfr from China and $650-660 per tonne cfr from India.Buyers were bidding $630 per tonne cfr for India-origin HRC.Ukraine offered the product...Read More

TSX VENTURE: KTRwww.kintavar.com Mr. Kiril Mugerman reports:DDH MS-17-08: 206.3m grading 0.18% Cu and 1.65 g/t Ag including 21.9m of 0.52% Cu and 16.5m of 0.50% CuIn total, 4 out of 12 drill holes intersected over 100m of copper mineralizationMineralization starts from surface and remains open to the East, West and at depthMaximum thickness of the mineralized strata affected by folding is yet to b...Read More

TSX VENTURE: Fwww.fioregold.com Mr. Tim Warman reports:Vancouver, British Columbia (FSCwire) - FIORE GOLD LTD. (TSXV: F) (OTCQB: FIOGF) ("Fiore" or the "Company") is pleased to provide results from the first six holes of its 2018 drill program at its Pan Mine in Nevada, part of a longer-term program aimed at expanding the resource and reserve base at Pan. The current program consists of approximat...Read More

Local and imported rebar prices in the United Arab Emirates and Saudi Arabia remained unchanged this week although the price of billet imports into the UAE increased, sources told Metal Bulletin on Tuesday February 27.Demand for locally produced rebar in the UAE was still strong.Domestic rebarThe major rebar producers in the UAE rolled over their prices for March and April production last week.The...Read More

TSX: OSKwww.osiskomining.com Mr. John Burzynski reports:TORONTO, ONTARIO--(Marketwired - Feb. 27, 2018) - Osisko Mining Inc. (OSK:TSX) ("Osisko" or the "Corporation") is pleased to provide new results from the ongoing drill program at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban ownship, Eeyou Istchee James Bay, Qu?(C)bec. The 800,000 metre drill program...Read More

TSX: NUSwww.nautilusminerals.com Mr. Michael Johnston reports:TORONTO, Feb. 27, 2018 (GLOBE NEWSWIRE) -- Nautilus Minerals Inc. (TSX:NUS) (OTC:NUSM) (Nasdaq Intl Designation) (the "Company" or "Nautilus") is pleased to announce the results of a Preliminary Economic Assessment ("PEA") prepared by AMC Consultants Pty Ltd ("AMC"), contained in an independent National Instrument 43-101 ("NI 43-101") t...Read More

The latest news and price moves to start the Asian day on Wednesday February 28.Base metals prices on the London Metal Exchange were mostly lower at the close on Tuesday February 27, with the dollar index surging to its highest level since the start of the month. Read more in our live futures report.Here are how LME prices looked at Tuesday's close:Comex copper prices were again trading in negativ...Read More

TSX: COGwww.condorgold.com Mr. Mark Child reports:London / February 26, 2018 / JMN Wire/ Condor Gold (AIM: CNR; OTCQX: CNFGF; TSX: COG) is pleased to announce that it has formally submitted an amendment to an Environmental and Social Impact Assessment ("ESIA") to the Ministry of Environment and Natural Resources in Nicaragua ("MARENA"), which is part of an application for an Environmental Permit,...Read More

A summary of base metals premiums across the globe for the week to Tuesday February 27.Read More