“It’s not a Republican thing... It’s not a Democrat thing... It’s simply the right thing to do!“That’s what Jamie Dimon, CEO of J.P. Morgan Chase (JPM) and a member of President Trump’s business advisory council, had to say at our closed door lunch this week in Miami.It was a lively conversation touching on everything from politics to the U.S. economy, to...Read More

A sharp risk selloff overnight saw stocks, commodities, EM ETFsall lower & the JPY stronger. Analysts are suggesting a delayedreaction to Fed chair Powell's testimony on Tuesday , but it was month-end, which often results in flowsthat have to be executed to get back within prudential limits -rather than discretionary trades. CME futures have shown largeJPY shorts for some time, so trimming of...Read More

The emerging mainstream narrative runs to sweet music...At 4.1%, unemployment scarcely exists.Wages are rising… and wage-driven inflation is on the jump.Retail sales are roaring. So is consumer confidence.Corporate profits are ringing the registers.And because of tax cuts, more money will soon jingle in consumer pockets.Rising global growth provides the beautiful cadenza, the final flourish....Read More

** Mining infrastructure provider Mineral Resources Ltd falls as much as 9.5 pct to A$17.21, its lowest sinceFeb. 6** Stock posts its biggest intraday pct fall since Dec. 11,on track for third straight daily loss** Stock among the biggest pct losers on the S&P/ASX 200Index ** Up to Wednesday's close, stock had fallen 10.1 pct thisyear, compared with a 0.8 pct decline in the S&P/ASX 200 Ind...Read More

SEOUL, Mar 1 (Reuters) - Following are South Korea'spreliminary export and import figures for February, released bythe Ministry of Trade, Industry and Energy on Thursday(rounded): Feb*Jan Balance ($ billion) 3.3 3.6 Exports ($ billion)44.949.2 (pct growth vs yr ago) +4.0 +22.3 Imports ($ billion)41.645.6 (pct growth vs yr ago)+14.8 +21.1* Revised NOTES:- Exports expanded for a 16th straight month...Read More

March 1 (Reuters) -For other diaries, please see: Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington DATE COUNTRY AUCTION DETAILS 1-MarSpain Bond auction 1-MarUnited KingdomAuction of 0 3/4 % Treasury Gilt 2023 1-MarJapan 3-month discount bill auction 1-MarJapan Auction of 10-year government bonds 5-Mar...Read More

The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canap?(C) and wine reception. Details on the presenting companies can be found below. This event is suitable for the following:Sophisticated & private investors, private client brokers, fund managers, financial instit...Read More

** New Zealand King Salmon Co Ltd falls as much as5.53 pct to NZ$1.880, its lowest since Oct. 3, 2017** "The extraordinarily hot summer has impacted the survivalrates of our King salmon, and this will be a principal factorbehind an anticipated reduction in profits for the second half"says Chairman John Ryder ** The producer of king salmon fish posts its biggestintraday pct fall since Feb...Read More

March 1 (Reuters) -For other diaries, please see: Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington ----------------------------------------------------------- This Diary is filed daily. ** Indicates new events-----------------------------------------------------------THURSDAY, MARCH 1SINGAPORE - 24th A...Read More

March 1 (Reuters) -For other diaries, please see: Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington ----------------------------------------------------------- This Diary is filed daily. ** Indicates new events-----------------------------------------------------------THURSDAY, MARCH 1 ** TORONTO, Canad...Read More

TOKYO,March 1 (Reuters) - Japan's benchmark Nikkei average opened down 0.76 percent at 21,901.13 on Thursday, while the broader Topix shed 0.78 percent to 1,754.43. (Reporting by Tokyo markets team) Keywords: MARKETS JAPAN STOCKS/OPEN Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure acc...Read More

Comex copper prices softened in the US morning on Wednesday February 28, with a stronger dollar and lower-than-expected Chinese data weighing on the base metals complex. Copper for May settlement on the Comex division of the New York Mercantile Exchange fell 3.10 cents or 1% to $3.1555 per lb. Earlier, the contract touched $3.1525, the lowest since February 13. Earlier this morning, China's manufa...Read More

(Corrects year-on-year measure in opening pragraph to 2016 from"last year")TOKYO, March 1 (Reuters) - Japanese companies raisedspending on factories and equipment in October-December by 4.3percent from the same period in 2016, Ministry of Finance datashowed on Thursday.Excluding software, capital expenditure rose 3.1 percentfrom the previous quarter on a seasonally adjusted basis.The dat...Read More

Iron ore prices slid below $79 per tonne cfr China on Wednesday February 28 amid sluggish demand for the steelmaking raw material in the seaborne market. Metal Bulletin's 62% Fe Iron Ore Index Today: $78.61 per tonne cfr Qingdao Daily change: down by $0.54 per tonne Month-to-date average: $77.35 per tonne Metal Bulletin's 58% Fe Premium Index Today: $61.62 per tonne cfr...Read More

Hui has broken to the downside from the consolidation triangle so decline to 120HERERead More

* 4th-quarter U.S. economic growth revised down * Booking Holdings, TJX gain after earnings* Celgene falls after FDA rejects filing for MS drug * Indexes down: Dow 1.5 pct, S&P 1.1 pct, Nasdaq 0.8 pct(Adds details on U.S. stocks' monthly decline)By Caroline ValetkevitchNEW YORK, Feb 28 (Reuters) - U.S. stocks sold off late to end sharply lower on Wednesday, dragged down by continued worries ov...Read More

Seaborne coking coal prices rose on Wednesday February 28, with Chinese buyers flagging limited offers of such materials and an unclear outlook for domestic supply as factors generating buying interest. A cargo of premium products was offered at $237 per tonne fob Australia on Global Coal. A bid of $229 per tonne fob was made for the cargo. Tier-two cargoes were heard offered on both cfr China and...Read More

NEW YORK, Feb 28 (Reuters) - Investment manager LJM Partners Ltd on Wednesday said it plans to shut down by the end of April following losses during the market's recent bout of volatility, according to a letter sent to investors.LJM will not resume trading and will return all remaining funds to investors, according to the letter reviewed by Reuters. (Reporting by Trevor Hunnicutt; Editing by Lisa...Read More

Although base metals are under pressure in the short term, we have a bullish bias to our 2018 price forecasts given the supportive background of solid global economic growth and the fact that all six base metal markets look set to be in fundamental deficit this year. But each has a slightly different supply-side story and this aspect should be the main differentiator. For example, zinc's narrative...Read More

(Adds details on quarterly revenue, eanrings forecast)NEW YORK, Feb 28 (Reuters) - Mylan NV said on Wednesday its fourth-quarter earnings fell due to declining revenue from its EpiPen emergency allergy injector and weak U.S. prices for generic drugs.The drugmaker reported net income of $244.3 million, or 46 cents a share, in the quarter, down from $417.5 million, or 78 cents a share, last year. E...Read More