LONDON (Reuters) - Inflation expectations among people in Britain for the year ahead remained unchanged at 2.4 percent in April, according to a survey published by financial services firm Citi and polling firm YouGov.Expectations for annual inflation five to 10 years ahead rose to 3.1 percent in April, up from 3.0 percent, interrupting a recent series of small declines, Citi said.“With both...Read More

The latest metal markets news and price moves to start the North American day on Tuesday April 24. Base metals on the London Metal Exchange remained broadly firm during morning trading, with the aluminium price the only downward mover.Reaching a low of $2,213 per tonne, the light metal's price tumbled after spending the majority of last week around the $2,500 per tonne mark.Here is how the LME bas...Read More

LONDON (Reuters) - World stocks steadied on Tuesday after three sessions of losses thanks to strong earnings from the likes of Google and as a rise in benchmark U.S. bond yields towards 3 percent stalled, while oil prices stretched to fresh highs above $75 a barrel.U.S. stock futures pointed to a firm open on Wall Street ESc1 1YMc1, although European shares were mixed with stock markets in London...Read More

Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Tuesday April 24.Base metals prices on the Shanghai Futures Exchange were broadly down during Asian morning trading on Tuesday, with aluminium prices falling the most after the United States announced it would not impose secondary sanctions against UC Rusal.Check Metal Bulletin's live futures...Read More

America's silent crisis is no longer... silent.MarketWatch columnist Jeff Reeves has warned that "collapsing pensions will fuel America's next financial crisis.""This is not a distant concern," he adds, "but a system already in crisis."By some estimates, America's public pensions alone are sunk in a $6 trillion abyss.According to the Federal Reserve, pensions - public and private combined - were r...Read More

NEW YORK, April 24 (Reuters) - The U.S. Treasury yield curve flattened in early U.S. trading on Tuesday with the benchmark 10-year yield holding below 3 percent in advance of a $32 billion auction of two-year government notes.At 8:20 a.m. (1220 GMT), the spread between two-year and 10-year Treasury yields narrowed 0.6 basis point at 48.60 basis points after hitting its steepest levels in two weeks...Read More

(Reuters) - The Dow Jones Industrial Average .DJI was set to open roughly 150 points higher on Tuesday after Caterpillar and United Technologies led a slew of strong earnings reports from members of the blue-chip index.With U.S Treasury yields easing slightly from the peaks hit on Monday, the results from industrial heavyweights helped reinforce optimism about the pace of U.S. economic growth an...Read More

CHICAGO (Reuters) - Caterpillar Inc (CAT.N) on Tuesday upgraded the outlook for 2018 profits after the world’s largest heavy-duty equipment maker beat estimates for first-quarter earnings on strong global demand for its equipment.Shares, part of the Dow Jones Industrial Average .DJI, were up 4.25 percent in pre-market trading.The Deerfield-?EUR?Illinoisbased company now expects the full-yea...Read More

(Reuters) - Lockheed Martin Corp (LMT.N), the Pentagon’s No.1 weapons supplier, reported a better-than-expected quarterly profit and raised its full-year forecast, driven by higher sales of its F-35 combat jets.Shares of the company rose 1.4 percent to $363.7 in premarket trading on Tuesday.Revenue from the company’s aeronautics business, which makes the F-35 jet, rose 6.7 percent to $...Read More

(Reuters) - Drugmaker Biogen Inc’s (BIIB.O) quarterly revenue missed Wall Street expectations on Tuesday as sales of its fastest-growing drug Spinraza disappointed, partly due to lower uptake in the United States, while mounting competition hurt its top earner Tecfidera.Shares of the company fell 2.6 percent to $252.50 before the bell.Biogen is banking on spinal muscular atrophy drug Spinraz...Read More

LONDON (Reuters) - Oil rose above $75 a barrel on Tuesday to its highest since November 2014 before paring some gains, supported by OPEC-led production cuts, strong demand and the prospect of renewed U.S. sanctions on Iran.Brent crude, the global benchmark, rose to its highest level since OPEC on Nov. 27, 2014 turned its back on curbing output to support prices, a move that triggered a battle for...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

LONDON (Reuters) - The uncertainty being generated by U.S. trade tariffs is already hurting investment in the global economy and could do serious damage to world growth, ECB policymaker Francois Villeroy de Galhau said on Tuesday.Financial markets and economists have been spooked this year by moves from Donald Trump’s U.S. administration to ramp up tariffs on countries such as China.“W...Read More

BERLIN (Reuters) - Business morale in Germany, France and Italy - the euro zone’s three biggest economies - deteriorated in April as a stronger currency and capacity constraints limited output, signaling that growth in the currency bloc has reached its peak.The euro zone was unexpectedly one of the best performers among major economies last year. But surveys suggest that growth has steadily...Read More

(Reuters) - United Technologies Corp’s (UTX.N) quarterly profit topped analysts’ estimate on Tuesday on higher demand for its spare parts and services from airlines, and the company raised its full-year earnings and revenue forecasts.The maker of Otis Elevators, Pratt & Whitney aircraft engines and Carrier air conditioners, forecast 2018 adjusted earnings per share in a range of $6...Read More

April 24 (Reuters) - Canada's main stock index looked set to open higher on Tuesday as oil prices rose above $75 per barrel to their highest since November 2014.June futures on the S&P TSX index were up 0.34 percent at 7:15 a.m. ET.Canada's benchmark stock index ended higher on Monday, with gains in the price of U.S. crude oil driving up shares of companies in the energy sector.Dow Jones Indus...Read More

(Reuters) - Coca-Cola Co (KO.N) beat Wall Street estimates with quarterly results on Tuesday, citing more demand for Coke Zero Sugar and new flavors under its Diet Coke brand as overall revenue topped expectations by around $300 million.Shares of the Dow component were up nearly 1 percent at $44.44 in pre market trade.The company said the launch of its popular low-calorie Diet Coke aimed at millen...Read More

Base metals on the London Metal Exchange were broadly lower at the close of trading on Tuesday April 24, with aluminium and nickel continuing to drop. The three-month nickel price dropped below $14,000 per tonne for the first time since April 13, with volumes traded at their lowest since April 6."Trade tensions dragged nickel into the spotlight, but fundamentals have come back in to play," Geordie...Read More

The pessimism in the seaborne coking coal market is not showing any signs of letting up with sellers lowering their offers for the steelmaking raw material on Tuesday April 24.Offers for premium hard coking coal were heard around $180-185 per tonne cfr China during the day, compared with $185-192 per tonne cfr a day earlier."There are still May-laycan cargoes in the market, and June-laycan cargoes...Read More

China's domestic rebar prices edged up further on Tuesday April 24 on rising futures, but trading activity has thinned. Domestic Eastern China (Shanghai): 3,880-3,920 yuan ($615-621) per tonne, up 20 yuan per tonne Northern China (Beijing): 3,740-3,770 yuan per tonne, narrowed upward by 10 yuan per tonne Rebar futures continued to strengthen during the day, albeit at a less rapid pace as Monday, w...Read More