Nickel Trading – SELL Nickel at CMP 935.50 Add more at price 941.50 with SL 946.50 for Target 925.50 – 918.50. Trade with 2 lotsAFTER POST CONTENT Read More

The latest metal markets news and price moves to start the North American day on Friday May 4.Base metals prices on the London Metal Exchange were mostly up during morning trading, although zinc and tin prices bucked the general strength.Zinc's three-month price continued to trade below $3,000 per tonne - levels last seen in August 2017.Here is how the LME base metals complex looked at 12.07pm Lon...Read More

RIYADH (Reuters) - Saudi Arabia’s banks are preparing for muted lending growth this year, providing a reality check on the state of the country’s economy and government efforts to stimulate growth.Saudi Arabia unveiled its Vision 2030 plan in 2016 to transform the country’s economy, which is still suffering the after effects of the slump in oil prices, recession and austerity mea...Read More

Tips for Zinc – SELL Zinc if Price around 202 (CMP 201.60) for Target 200.40 – 199.50 with SL Above price 203.80AFTER POST CONTENT Read More

Good morning from Metal Bulletin's office in Singapore as we bring you the latest news and pricing stories on Friday May 4.Base metal prices on the Shanghai Futures Exchange diverged during Asian morning trading on Friday, with zinc prices spooked by the overnight weakness on the London Metal Exchange. Check Metal Bulletin's live futures report here. LME snapshot at 03.48 am London timeLatest thre...Read More

Copper Tips – SELL Copper at CMP 459.30 Add more at price 461.90 with SL 463.70 for Target 456 – 454. RISK taker trade with 2 lotsAFTER POST CONTENT Read More

Earlier this year Goldman Sachs had sent a report out to its high-net-worth clients indicating that it was the best time to own commodities in at least 15 years, if not decades.This view from Goldman was based on three forces coming together at the same time:Economies around the world are growing in unison (good for commodity demand).The world is borrowing more money, which means more to spend (ag...Read More

Zinc Positional Tips – Zinc SELL Positional Sell call 78b given at price 203.60 CMP 201.30. Low risk taker book 2.3 x 2 lot = 4.6 Points. RISK taker hold as per call78b : Zinc Positional Call - SELL Zinc at CMP 203.60 for Target 199 - 197 with SL Above price 206AFTER POST CONTENT Read More

Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week.Base metalsKorea Zinc, the world's largest custom zinc smelter by volume, has agreed to annual zinc concentrate supply contracts based on the treatment charges (TCs) set between Teck Resources and European smelters, Metal Bulletin understands.South Africa and New Zealand's non-exemption from the...Read More

"When you set a password for your Twitter account, we use technology that masks it so no one at the company can see it. We recently identified a bug that stored passwords Continue...Read More

PARIS (Reuters) - Western European car sales rose 9.1 percent in April compared to a year ago, helped by the timing of this year’s Easter holiday, according to industry data compiled by LMC automotive.Registrations last month came to 1.22 million cars, as many markets saw a higher number of selling days than in April 2017, the consulting firm said on Friday. Its numbers are based on national...Read More

There was a point in my life when I wanted to own a red car.All my friends told me I shouldn't. After all, red cars get more speeding tickets and cost more to insure.These two truths stopped me from buying myself a red car for years. Until one day, I did a little research.That's when I found out these "truths" were bullshit. Nowhere could I find any evidence to suggest that red cars received more...Read More

LONDON, May 4 (Reuters) - British new car registrations ended a year-long run of declines to rise by an annual 10.4 percent in April although an industry body cautioned the increase reflected a poor performance in the same month last year.Demand in April 2017 dropped 20 percent as a tax rise came into effect.Sales last month reached 167,911 units according to the Society of Motor Manufacturers and...Read More

LONDON, May 4 (Reuters) - A rise in U.S. 10-year bond yields above 3 percent for the first time in four years has triggered only small outflows from equity and bond funds so far, with a greater impact felt in emerging markets, Bank of America Merrill Lynch said on Friday.Its weekly data, which tracks fund flows from Wednesday to Wednesday, showed investors pulled $84 million from equity funds, whi...Read More

* Germany/U.S. spreads near widest since 1989* U.S. payroll data should offer inflation clues* Report quotes 5-Star Movement head repeating election call* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Adds China comments on trade dispute, updates prices)By Abhinav RamnarayanLONDON, May 4 (Reuters) - The difference between German and U.S. government bond yields was close to its highest...Read More

Following the Panic of 1907, John Pierpont Morgan was called to testify before Congress in 1912 on the subject of Wall Street manipulations and what was then called the "money trust" or banking monopoly of J. P. Morgan & Co.In the course of his testimony, Morgan made one of the most profound and lasting remarks in the history of finance. In reply to questions from the congressional committee s...Read More

A fearsome bogeyman may be stalking the American economy…Dormant for decades, many considered it permanently licked.But some have picked up its grisly scent... and discovered its approaching footprints.What is this fee-fi-fo-fum?And why its possible return?Today we investigate the reports... weigh the evidence... and hazard a judgment.We first note that first-quarter GDP fell 0.6% from the p...Read More

Last week's delivery of more than 60,000 tonnes of zinc into Antwerp's LME-listed warehouses, the largest single inflow since May 2013, has sent the zinc price spiralling lower to fresh 2018 troughs.Zinc's three-month price dropped 1.2% to a low of $2,970 per tonne during morning trading on Friday May 4, and finished the day 2.7% higher at $3,055 per tonne.Yet in response to the spike in inventori...Read More

Iron ore futures on the Dalian Commodity Exchange have gained increasing influence over the physical market since listing in 2013. Their trading volume reached 657.49 million lots, or 65.749 billion tonnes in 2017, down 3.95% on the year, according to the exchange. China imported 1.075 billion tonnes of iron ore last year, a year-on-year increase of 5%, the National Bureau of Statistics reported....Read More

Singapore Exchange (SGX) achieved a record net profit in the January-March quarter of 2018, with revenue from the derivatives business rising on a year-on-year basis. The exchange posted a net profit of S$100 million ($75 million) in the March quarter, up 21% year on year. Revenue stood at S$ 222.2 million in the period, up 10% in an annual comparison. The derivatives business accounted for 41% of...Read More