SHANGHAI, May 2 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index broke 92 amid upbeat data on the US economy and hovered at 92.4 overnight.Most LME metals fell with stronger US dollar. LME zinc led the decline with a loss of 1.6%, copper lost 0.87% and hit a monthly low at one point.China’s official manufacturing...Read More

The United States has postponed imposing Section 232 tariffs on steel and aluminium imported from the European Union, Canada and Mexico, until June 1.President Donald Trump's administration announced the extension of temporary exemptions for the key trading blocs at the last moment on Monday April 30. A 10% import tax on aluminium and a 25% import tax on steel were due to come into effect on...Read More

SHANGHAI, May 2 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index broke 92 amid upbeat data on the US economy and hovered at 92.4 overnight.Most LME metals fell with stronger US dollar. LME zinc led the decline with a loss of 1.6%, copper lost 0.87% and hit a monthly low at one point.China’s official manufacturing...Read More

Zinc Mcx – Zinc SELL Call 740 given at price 206.55 Achieved 2nd Target 205.10. CMP 204.90. Total Profit of 1.45 x 2 lot = 2.9 PointsTIPS ID 740 : Zinc Calls - SELL Zinc at CMP 206.55 for Target 205.70 - 205.10 with SL Above price 207.35. RISK taker trade 2 lotsAFTER POST CONTENT Read More

U.S. equity index futures were slightly lower this morning. S&P 500 futures were down 2 points in pre-opening trade.The Canadian Dollar rallied to U.S. 77.88 cents following released of Canada's February Real GDP report. Consensus was an increase of 0.3% versus a gain of 0.1% in January. Actual was an increase of 0.4%. On a year-over-year basis, Canada's GDP grew at a 3.0% rate. First quarter...Read More

RAPAPORT... Japanese jewelry retailer K-Uno will be the first to adopt SarineTechnologies' 4Cs diamond-grading reports.K-Uno will implement the artificial-intelligence-based platform at all its stores across Japan. The record will add additional features, including 4Cs grades,to the current Sarine Profile report, which lists characteristics such as lightperformance and hearts and arrows. The repor...Read More

Originally posted at ExecSpec.netThe relentless 14-month rally in global stock markets that peaked in January 2018 has been followed by a 13% correction over the past 3 months that will remain static to lower until the trade tantrum on tariffs is resolved. We have seen first hand and globally the torrid pace of rising new order flows in manufacturing stagnate in March and April as business uncerta...Read More

Aluminium The LME three-month aluminium price has edged lower...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus...Read More

MEXICO CITY (Reuters) - The United States, Mexico and Canada should be able to conclude the renegotiation of the North American Free Trade Agreement (NAFTA) if enough creativity and flexibility are shown, Mexican Economy Minister Ildefonso Guajardo said on Tuesday.Speaking at a news conference, Guajardo also told reporters that his government would not accept any potential U.S. tariffs on Mexican...Read More

Under the agreement, the two companies will exchange past exploration information on areas prospective for diamonds in Zimbabwe and form a jointly-owned special purpose vehicle to develop and exploit diamond resources.Both companies now have a Zimbabwe diamond database, with Vast acquiring its database in September 2008 and carrying out exploration using the data until 2010, and Botswana independe...Read More

(Kitco News) - The amount of gold and silver transferred between accounts of London Bullion Market Association members fell during March, the organization reported Tuesday.The LBMA releases clearing statistics each month showing the net volume of gold and silver transferred between accounts of members, essentially providing a snapshot of the amount of trading activity.The volume of gold ounces tr...Read More

Nigel Redwood, chief executive of Nasstar Plc (LON:NASA), tells Proactive Investors they narrowed losses and improved margins in their 2017 full-year results as the company's "Nasstar 10-19" strategy began to bear fruit.The IT services provider reported an adjusted profit before tax for the period of ?3.5mln - compared to ?1.9mln for 2016.The group also saw margins on its adjusted underlying ear...Read More

The United States decision to extend Europe's exemption from Section 232 tariffs until June 1 only serves to prolong the uncertainty, the European Commission (EC) and European steel association, Eurofer, said on Tuesday May 1.The US authorities postponed imposing Section 232 tariffs on steel and aluminium imported from the European Union, Canada and Mexico on April 30. Originally, the EU was...Read More

Zinc Call – BUY Zinc at CMP 205.85 for Target 206.85 – 207.60 with SL Below price 204.80AFTER POST CONTENT Read More

AlligatorEnergy (ASX:AGE) has published its quarterly activities report along with anupdated investor presentation. Alligatoris an ASX-listed exploration company focused on uranium and energy relatedminerals, principally cobalt-nickel. The company is focused on the discovery oflarge economic high grade energy related metal deposits (uranium, nickel,cobalt) with clear pathways for approval and deve...Read More

RAPAPORT... India's diamond industry is working toproduce guidelines for banks to reduce their risks when lending to the trade. The nation's Gem & Jewellery ExportPromotion Council (GJEPC) has been collaborating with the government and lenders tocreate a written policy, Colin Shah, vice chairman of the trade body, told RapaportNews. Representatives of the GJEPC willmeet with 30 banks on May 1...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday said he may go to Jerusalem, where the United States is moving its embassy from Tel Aviv later this month.Trump made the comment to reporters at the White House. Earlier on Tuesday, Israeli Prime Minister Benjamin Netanyahu told Fox News in an interview that he would love to have the U.S. president visit the city. Trump also suggested l...Read More

Copper hit by negative external forces ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as s...Read More

(Kitco News) - Gold prices continue to hover near a four-month low even as momentum in the manufacturing sector continues to fade, according to the latest data from the Institute for Supply management (ISM)Tuesday, the ISM said its manufacturing index showed a reading of 57.3% for April, down from March's reading of 59.3%. The data was weaker than expected as consensus forecasts were calling for a...Read More

Continued concerns about output in major production hub Jiangxi province amid a new round of environmental inspections there boosted ammonium paratungstate (APT) and concentrates prices last week, while ferro-tungsten prices were under pressure due to weakening demand. Production disruptions in Ganzhou, Jiangxi province, support APT prices  Ferro-tungsten prices under pressure amid weakening...Read More