NEW YORK (Reuters) - Oil prices edged up on Thursday as the market weighed the risk of renewed U.S. sanctions on Iran and plunging Venezuelan output against a backdrop of strong demand, above all in Asia, the world’s biggest oil-consuming region.Global benchmark Brent crude futures LCOc1 were up 52 cents at $74.52 a barrel at 1:41 p.m. EDT (1741 GMT), while U.S. West Texas Intermediate (WTI)...Read More

As the U.S. dollar is breaking out to the upside, gold failed to hold the higher support level established a couple of weeks ago at $1,330. The dollar breakout should add pressure to dollar-denominated commodities, especially the metals. Gold has struggled for months and the new-found strength in the dollar is not going to be helpful for the price of gold. The current price action in gold indicate...Read More

Copper Target Live – copper sell call 6e5 given at price 459.90 Achieved 1st Target 457.50 (Made CMP Low 457.50) Total Profit of 2.20 x 2 lot = 4.40 Points6e5 : Tips for Copper – SELL Copper at CMP 459.90 for Target 457.50 – 456 with SL Above price 462.60, RISK Taker trade 2 lotsAFTER POST CONTENT Read More

NEW YORK/WASHINGTON (Reuters) - A federal judge ruled on Thursday that a court-appointed independent official called a special master should be the first to examine documents seized by FBI agents from U.S. President Donald Trump’s personal lawyer, Michael Cohen.The agents raided Cohen’s office and home on April 9, an action that infuriated the president. Prosecutors said they have been...Read More

Vale's fall in iron ore production in the first quarter of 2018 will not affect the Brazilian miner's output guidance for the year, executive officer for ferrous minerals and coal Peter Poppinga said this week."We continue [to be] committed to the 390 million tonnes production target,"' he told analysts during a conference call on Thursday April 26.Vale's first quarter iron ore output&nb...Read More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

Tips for Copper – SELL Copper at CMP 459.90 for Target 457.50 – 456 with SL Above price 462.60, RISK Taker trade 2 lotsAFTER POST CONTENT Read More

Officially launched last month, the Tradewind platform integrated exchange technology with a "tailored blockchain application", VaultChain Gold, to facilitate trading, settlement and ownership of physical gold.IAMGOLD said in its statement that the platform "securely digitizes vaulted precious metals for the first time, removing structural, technical and frictional limitations from the physical go...Read More

Brazilian iron ore pellet producer Samarco will aim to resume production at the beginning of 2019, "in the best scenario," chief executive officer, Fabio Schvartsman, said."We are struggling to resume activities, but we don't have control over this because it depends on [Brazilian] environmental agencies," Schvartsman told analysts during a conference call on Thursday April 26.Samarco is a 50:50 j...Read More

FRANKFURT (Reuters) - As Europe nears tough new privacy rules, Facebook (FB.O) reckons the worst that could happen is that users will share less data, making it harder to target ads on the social network that raked in revenues of $12 billion in the first quarter.That’s despite the furor sparked by its admission that the personal data of 87 million of its users was passed to a company, Cambri...Read More

BTL Group's (TSXV:BTL) CEO Dominic McCann shares his excitement about the release of their new blockchain platform Interbit.McCann says this will now allow companies to address cyber security by making data more secure.He says Interbit will allow mass processing of data to be more efficient and in return save costs.The new step for BTL is to get the word out about Interbit and showing companies ho...Read More

NEW YORK (Reuters) - Shares of smaller independent U.S. refiners with less complex facilities surged in the stock market in the first quarter as investors expect strong earnings growth thanks to a fall in price of their primary cost - light, sweet crude oil coming out of West Texas - to more than three year lows.Over the last 20 years, the nation’s biggest refiners spent billions building un...Read More

Mcx Lead – SELL Lead at CMP 154 for Target 153 – 152.60 with SL Above price 155. RISK Taker trade 2 lotsAFTER POST CONTENT Read More

China exported 221,062 tonnes of cold-rolled coil (CRC) in March, down 19.7% from a year earlier, according to Chinese customs data released on Tuesday April 24.The drop in CRC exports was likely due to high fob China offers for March-shipment cargoes compared to last year, even once demand resumed after the Lunar New Year break in mid-February,...Read More

Mining Capital's Alastair Ford talk about the week in mining.He says copper prices will be interesting to watch and also if the demand for lithium will continue. Ford also highlighted some companies making news his week in including Thor Exploration (TSXV:THX)  Meet Peninsula Mines Ltd and Silver City Minerals Ltd at our event,Sydney, 07 May 2018.Register here >>Read More

(Reuters) - The Labor Department is examining whether Wells Fargo & Co (WFC.N) pushed participants in low-cost corporate 401(k) plans to roll their holdings into more expensive individual retirement accounts at the bank, according to a person familiar with the inquiry the Wall Street Journal reported on Thursday.Labor Department investigators are also examining whether Well Fargo’s retir...Read More

Base metal prices on the London Metal Exchange steadied at the close of trading on Thursday April 26, while aluminium climbed 1.3% during the afternoon. "Afternoon news that Oleg Deripaska has no plans to restructure Rusal, sent aluminium prices quickly higher, through $2,300-2,315.20 per tonne area, adding to underlying market volatility and tightening of the spreads," Liz Grant, senior account e...Read More

Jonathan Satchell, chief executive of Learning Technologies PLC (LON:LTG) discusses with Proactive Investors their acquisition of digital human resources group PeopleFluent.A placing at 98p raised ?85mln to help fund the deal.PeopleFluent works for 50 of Fortune's list of top 100 US companies and generated sales of ?83mln and underlying profits [EBIT] of ?9.2mln in 2017.  Meet Peninsula Mi...Read More

WASHINGTON (Reuters) - Canadian Foreign Minister Chrystia Freeland will stay in Washington all of Thursday for talks on updating the North American Free Trade Agreement and no longer plans to attend a NATO summit in Brussels on Friday, a spokesman said.Freeland is in the U.S. capital for a third straight day of top-level negotiations with her Mexican and U.S. counterparts as they try to strike a q...Read More

While not exactly a "State-Of-The-Union" address this week, the London Metal Exchange's Update Forum in London - open to all - was a useful pit-stop event on what is gearing up to be a busy few months in its unfolding Strategic Pathway. On a widespread and varied menu, LME decisionmakers outlined current thinking and plans across the board. Among these are a couple of potentially tricky initiative...Read More