Base metals on the London Metal Exchange were mostly lower at the close of trading on Thursday May 3, with zinc breaking below $3,000 per tonne and diving to its lowest point since August 2017. Zinc kept steady early in the day but took a 1.3% drop prior to the close after spending much of the week consolidating around the $3,050-$3,100-per-tonne mark.A delivery of more than 60,000 tonnes was ship...Read More

Let me shed some light on where the greatest stock market returns are generated.Over the last 90 years, the market’s smallest stocks with market caps averaging just $114 million have been the best performers with an incredible 17.45% annualized rate of return.Compare this to the market’s largest stocks, with an average market cap of $88 billion, that have returned just 9.21% annually.T...Read More

DETROIT (Reuters) - Toyota Motor Corp said on Thursday it is building a closed-course test facility in Michigan for its self-driving vehicle technology that will replicate “edge case” driving scenarios that are too dangerous to conduct on public roads.The facility at Ottawa Lake, which is being built by the Toyota Research Institute, will go into operation in October.“This new si...Read More

Commodity Nickel Tips – Nickel Hold BUY Call 73f given at price 916 Achieved 1st Target 946. Total profit of 30 Points Per lot73f : Nickel Tips Online - BUY Mcx Nickel May at CMP 916 for Target 946 - 956 with SL below price 901. Hold for next 5 to 6 daysAFTER POST CONTENT Read More

Nyrstar's earnings before interest, taxes, depreciation, and amortization (Ebitda) for the first quarter of 2018 fell by ?,?3 million ($3.6 billion) or 5.5% year on year to ?,?54 million, the company said on Thursday May 3. Despite benefitting from a 23% increase in zinc prices, after London Metal Exchange prices rallied to a high of $3,259 per tonne, and ramp-up of the Middle Tennessee Mines, Nyr...Read More

TORONTO (Reuters) - A group of Canadian coffee chain Tim Horton’s U.S. franchisees said on Thursday it is suing parent company Restaurant Brands International (QSR.TO), escalating growing tensions between the company and owners of its U.S. and Canadian coffee shops.The Great White North Franchisee Association-U.S. is challenging a clause in Restaurant Brands’ franchise agreements that...Read More

Nickel Calls – Nickel BUY Call 771 given at price 930. Triggered SL at price 941.20. Total 11.20 Points SL hit in Nickel tips today771 : Today Nickel Intraday - SELL Nickel at CMP 930.20 for Target 920.20 - 910.20 with SL Above price 941.20AFTER POST CONTENT Read More

European spot prices for molybdic oxide and ferro-molybdenum dropped this week while May public holidays took place across much of the continent but trading activity is likely to pick back up in the near term, sources said.Consumers in the steel sector are due to issue tenders for prompt delivery, which should provide near-term direction for spot prices, they said. Prices have been generally drift...Read More

NEW YORK (Reuters) - Interest rates on U.S. 30-year fixed-rate mortgages fell this week from their highest levels in more than four years in line with a decline in U.S. bond yields, Freddie Mac said on Thursday.Thirty-year mortgage rates averaged 4.55 percent in the week ended May from week-ago's 4.58 percent, which was the highest since Aug. 22, 2013, the U.S. mortgage finance agency said.Reporti...Read More

Aluminium Tips – Today Aluminium SELL Call 772 given at 155 Triggered SL at price 156. Total 1 points SL hit in Aluminium772 : Today Aluminium Call - SELL Aluminium at CMP 155 for Target 154.10 - 153.60 with SL Above price 156AFTER POST CONTENT Read More

The latest news and price moves to start the Asian day on Friday May 4.Base metals prices on the London Metal Exchange were mostly lower at the close of trading on Thursday May 3, with zinc diving to its lowest point since August 2017. Read more in our live futures report.Here are how prices looked at Thursday's close:Teck Resources has signed annual zinc concentrate supply deals with Europea...Read More

NEW YORK (Reuters) - The U.S. dollar was little changed in choppy trading on Thursday as investors took profits from a rally that sent the greenback to its highest levels of the year and awaited Friday’s payrolls data for April.The dollar has erased all its 2018 losses in the past two weeks on expectations the Federal Reserve will continue to raise interest rates while other central banks, i...Read More

Lead Mcx - SELL Lead at CMP 152.45 for Target 151.55 - 151 with SL Above price 153.45. RISK Taker trade 2 lotsAFTER POST CONTENT Read More

The latest metal markets news and price moves to start the North American day on Thursday May 3. Base metals on the London Metal Exchange were broadly positive during morning trading, with copper leading the complex's blanket gains after climbing 1.1%."The base metals have been looking weak, but some dip-buying has emerged today, with the likes of nickel, aluminium and copper seeing buying over th...Read More

(Reuters) - Tesla Inc chief Elon Musk’s refusal to answer “boring” Wall Street questions about the electric car maker’s financial condition sent shares down as much as 7 percent on Thursday and spurred concerns about its ability to raise money in the future.Tesla’s bonds followed the shares lower and, with at least three brokerages cutting price targets for the stock...Read More

Today Aluminium Call – SELL Aluminium at CMP 155 for Target 154.10 – 153.60 with SL Above price 156AFTER POST CONTENT Read More

Good morning from Metal Bulletin's offices in Asia, bringing the latest news and pricing stories on Thursday May 3. Good morning from Metal Bulletin's offices in Asia, bringing the latest news and pricing stories on Thursday May 3. Base metal prices on the Shanghai Futures Exchange were broadly down during Asian morning trading on Thursday May 3 amid continued strength in the dollar, with only alu...Read More

BEIJING (Reuters) - North Korean leader Kim Jong Un told a visiting Chinese diplomat on Thursday that he is committed to denuclearisation, China’s foreign ministry said, as diplomatic efforts to bring lasting peace to the Korean peninsula gather pace.China is North Korea’s most important economic and diplomatic backer, despite its anger at North Korea’ repeated nuclear and missil...Read More

Today Nickel Intraday – SELL Nickel at CMP 930.20 for Target 920.20 – 910.20 with SL Above price 941.20AFTER POST CONTENT Read More

WASHINGTON (Reuters) - U.S. President Donald Trump said on Thursday money from his presidential campaign was not used to pay off adult-film star Stormy Daniels, publicly acknowledging the payment for the first time and denying any sexual encounter with her years ago.In a series of early posts on Twitter, Trump said he had reimbursed his lawyer Michael Cohen the $130,000 that Cohen paid Daniels in...Read More