Zinc Today Target Tips – Zinc BUY Call 700 given at price 208.65 Achieved 1st Target 209.50 & 2nd Target 210. CMP 210.40. Total profit of 1.75 x 2 lot = 3.5 Points profitTIPS ID 700 : Zinc Intraday - BUY Zinc at CMP 208.65 with Small SL 207.95 for Target 209.50 - 210 - 210.70. Trade with 2 lots todayAFTER POST CONTENT Read More
XOM's earnings reaction is pressuring the Dow, thoughDow Jones Industrial Average (DJI) futures are trading below fair value ahead of a busy day on Wall Street, pressured by a negative earnings reaction for big-cap oil stock Exxon Mobil (XOM). The S&P 500 Index (SPX) and Nasdaq-100 Index (NDX), on the other hand, are pointing to a strong open, as traders react to another batch of impressive tech e...Read More
(Reuters) - Amazon.com Inc’s (AMZN.O) 20 percent hike in the cost of Prime membership should deliver more than $1 billion in extra revenue this year and cover any “rational” hike in United States Postal Service delivery fees, Wall Street analysts said on Friday.President Donald Trump has been laying into the Seattle-based online shopping firm in recent weeks for what he says is a...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
Lead Tips – SELL Lead at CMP 155.55 for Target Small at Price 150.80 – 150.20 with SL Above price 156.25AFTER POST CONTENT Read More
WASHINGTON (Reuters) - Russia ran an information warfare campaign to disrupt the 2016 U.S. presidential election, but there is no evidence that President Donald Trump’s campaign colluded with Moscow, Republicans on a congressional panel said in a report released on Friday.The findings of majority Republicans on the U.S. House of Representatives Intelligence Committee were immediately challen...Read More
LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.1/FED UP AGAINFederal Reserve policymakers meet on May 1-2 after raising rates in March and signalling at least two more 25 basis point increases were in the offing this year. Some economists expect three.The Fed is unlikely to raise rates...Read More
Zinc Tips – Zinc SELL Call 711 given at price 209.75 Achieved 1st Target 209. CMP 208.95. Total 0.8 x 2 lot = 1.6 Points ProfitTIPS ID 711 : Tips for zinc - SELL Zinc at CMP 209.75 for Target 209 - 208.50 with Small SL Above price 210.55 in 2 lots. Low risk taker trade mini lotsAFTER POST CONTENT Read More
NEW YORK (Reuters) - Oil prices were little changed on Friday, with Brent on track for its third week of gains amid supply concerns should the United States reimpose sanctions on Iran.Brent crude futures LCOc1 rose 6 cents to $74.80 a barrel, a 0.1 percent gain, by 1:11 p.m. EDT (1711 GMT). This month, the global benchmark hit highs above $75, a level last seen in late 2014.U.S. West Texas Interme...Read More
Aluminium – Our Aluminium BUY Carry call 70e given at price 150.8 (151.40+150.20) Triggered SL at price 149.50. Total 1.3 Points per lot SL hit70e : Aluminium Carry Call - Buy Aluminium at CMP 151.40, Add more at Price 150.20 with SL 149.50 for Target 152.60 - 153.50AFTER POST CONTENT Read More
FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) is expected to cut around 1,000 jobs or 10 percent of its workforce in the United States, a person familiar with the matter said on Friday, as the German lender scales back its global investment banking ambitions.The bank has already axed 400 U.S.-based employees this week - of which around three quarters worked in its trading business and the rest in...Read More
The deadline for talks between the United States and Brazil over the Section 232 investigation into steel products is about to end without an agreement, but there may be some clues as to what will happen.Brazil has been temporarily excluded from a 25% tariff on steel shipments to the US market while negotiations have been held between the countries. The exemption is valid until Tuesday May 1.The U...Read More
Tips for zinc – SELL Zinc at CMP 209.75 for Target 209 – 208.50 with Small SL Above price 210.55 in 2 lots. Low risk taker trade mini lotsAFTER POST CONTENT Read More
YEREVAN (Reuters) - Armenia’s acting prime minister, Karen Karapetyan, rejected a proposal by opposition leader Nikol Pashinyan to hold talks on Friday to defuse a political crisis engulfing the small South Caucasus nation.Armenia, a close ally of Russia, has been rocked by two weeks of anti-government protests against the ruling elite which led on Monday to the resignation of Serzh Sarksyan...Read More
Swedish iron ore pellet producer LKAB forecasts that the price premium for upgraded iron ore products will remain high in 2018, although standard iron ore prices will still be under pressure in the marketplace."LKAB [believes] that the oversupply situation in iron ore fines will continue, [and that this] is putting pressure on iron ore prices. At the same time, the premium for highly upgraded iron...Read More
TODAY LME STOCK REPORT : 27/04/2018Aluminium down by -12800MT,Copper down by -4550MT,Lead up by 375MT,Nickel down by -1926MT,Tin – NA &Zinc up by 9650MT.AFTER POST CONTENT Read More
WASHINGTON (Reuters) - The U.S. House of Representatives overwhelmingly approved a long-delayed bill Friday to reauthorize the Federal Aviation Administration after Republicans gave up on a plan to privatize air traffic control.The bill was approved by a 393-to-13 vote and now moves to the U.S. Senate, which could take the issue up as early as next month.Republicans in February conceded after mont...Read More
Aluminium Carry Call – Buy Aluminium at CMP 151.40, Add more at Price 150.20 with SL 149.50 for Target 152.60 – 153.50AFTER POST CONTENT Read More
The Turkish ministry of economy has started an investigation into the impact of steel imports on the country's domestic steelmaking industry, it said on Friday, April 27. Market participants believe the investigation is a precautionary measure against the Section 232 tariffs being introduced by the US, because Turkey may become an open market for dumped products once the US measures start to...Read More
SEOUL (Reuters) - For years, he has been regarded by South Koreans as a ruthless bully, the face of a hostile neighbor intent on developing weapons of mass destruction whose subjects heeded his every whim.But during a 12-hour visit across the border Friday, North Korean leader Kim Jong Un managed to soften that image, at least somewhat, by presenting himself as a normal, even likeable fellow with...Read More