JERUSALEM (Reuters) - U.S. Embassy road signs went up in Jerusalem on Monday ahead of next week’s opening of the mission in accordance with President Donald Trump’s recognition of the city as Israel’s capital.Trump says he is making good on U.S. legislation and presidential pledges dating back decades. Other world powers have not done so, sidestepping one of the thorniest dispute...Read More
NEW YORK (Reuters) - The dollar rose to fresh 2018 highs on Monday while oil prices surged to their highest since late 2014, driven by declining Venezuelan crude production and worries the Unites States could re-impose sanctions on Iran.The crude surge lifted energy stocks in Europe and on Wall Street, with European shares supported by strong results and gains in Nestle after the Swiss company agr...Read More
Today Copper – Copper SELL Call 7cd given at price 459 CMP 457.15. Near to 1st Target. Low risk taker book 1.85 x 2 lot = 3.70 Points / Rs 3700 here7cd : Copper Call - SELL Copper at CMP 459 for Target 457 - 456 with SL Above price 461.20. Trade with 2 lotsAFTER POST CONTENT Read More
SAN FRANCISCO (Reuters) - Apple Inc (AAPL.O) was not the only one to leap on a chance to buy its stock at a fat discount last quarter as Warren Buffett stepped in to scoop up an additional 75 million shares for Berkshire Hathaway (BRKa.N) at the same time.Between them - the two biggest players in the iPhone maker’s shares - they bought nearly one of every 10 Apple shares traded during the qu...Read More
FAIRFAX, Va (Reuters) - The U.S. economy is remarkably strong but the strong jobs market is not causing outsized wage pressures, the Federal Reserve’s newest regional Fed president said on Monday in his first major speech on monetary policy since he was appointed.“The economy’s performance as we sit here today is remarkably strong: above trend growth, low unemployment, inflation...Read More
Free Zinc Live Tips – Zinc BUY Call 7c5 given at price 206.70 CMP 207.55 (Almost hit 1st Target) Total profit of 0.85 x 2 lot = 1.70 Points7c5 : Intraday Zinc - BUY Zinc at CMP 206.70 for Target 207.60 - 208.20 with SL below price 205.80AFTER POST CONTENT Read More
HONG KONG (Reuters) - Carlyle Group (CG.O) is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of matter said, in a deal that adds to the record levels of funds seeking deals in the region.The private equity giant had initially targeted a fund of $5 billion but raised its expectations following a strong response from its investors, known as limit...Read More
Aluminium Tips – SELL Aluminium at CMP 159.30 for Target 158.40 – 158 with SL Above price 160.40. Its good to trade 2 to 3 lots todayAFTER POST CONTENT Read More
WASHINGTON (Reuters) - U.S. President Donald Trump on Monday defended his pick to run the CIA after U.S. media reports surfaced that she had sought to withdraw from the nomination over concerns about her involvement in the agency’s interrogation program.Gina Haspel is expected to face a brutal confirmation hearing in the Senate Intelligence Committee on Wednesday, and the Washington Post rep...Read More
Copper Call – SELL Copper at CMP 459 for Target 457 – 456 with SL Above price 461.20. Trade with 2 lotsAFTER POST CONTENT Read More
The European Commission (EC) said on Monday May 7 it has conditionally approved the acquisition of Italian steel producer Ilva by ArcelorMittal, the world's largest steelmaker.The decision is dependent on the divestiture of an extensive remedy package proposed by ArcelorMittal to preserve effective competition in the European steel market, according to the EC."Today's decision makes sure that Arce...Read More
LONDON (Reuters) - Oil prices rose to their highest levels since late-2014 on Monday, boosted by fresh troubles for Venezuelan oil company PDVSA and a looming decision on whether the United States will re-impose sanctions on Iran.Brent crude oil futures were at $75.78 a barrel at 1236 GMT, up 91 cents from their last close. Earlier in the session they touched their highest since November 2014 at $...Read More
Nickel Tips – BUY Nickel at CMP 940 for Target Small at 946 – 951 with Small SL below price 933.50. Trade with 2 lotsAFTER POST CONTENT Read More
Persistently weak demand in both the Chinese and European antimony markets continued to exert downward pressure on spot prices over the past week.Metal Bulletin assessed the Chinese MMTA standard grade II, delivered duty paid, antimony price at 51,000-51,500 yuan ($8,018-8,096) per tonne on Wednesday May 2, down from 51,500-52,000 yuan in the prior week."Demand from domestic downstream industries...Read More
MILAN (Reuters) - Telecom Italia (TIM) (TLIT.MI) is expected to reappoint Amos Genish as its chief executive on Monday, as the phone group enters a new phase after activist fund Elliott wrestled board control from top shareholder Vivendi (VIV.PA).Elliott pulled off a boardroom coup at the former state monopoly on Friday, winning a shareholder vote to appoint 10 independent directors - or two-third...Read More
Intraday Zinc – BUY Zinc at CMP 206.70 for Target 207.60 – 208.20 with SL below price 205.80AFTER POST CONTENT Read More
Physical iron ore prices stayed rangebound on Monday May 7 amid weakness in the steel markets.Metal Bulletin 62% Fe Iron Ore Index: $67.26 per tonne cfr Qingdao, up by $0.98 per tonne Metal Bulletin 58% Fe Premium Index: $55.56 per tonne cfr Qingdao, down by $0.06 per tonne Metal Bulletin 65% Fe Iron Ore Index: $85.30 per tonne cfr Qingdao, up by $0.40 per tonneMetal Bulletin 62% Fe China Port Pri...Read More
TORONTO (Reuters) - Canadian department store owner Hudson’s Bay Co (HBC.TO) and joint venture partner RioCan REIT (REI_u.TO) have signed a conditional agreement to sell HBC’s flagship store in downtown Vancouver for about C$675 million ($524.4 million) to an Asian buyer, a person familiar with the matter told Reuters.The buyer, who owns a closely held real estate company, is seeking t...Read More
The seaborne coking coal market was in a wait-and-watch mode on Monday May 7 after prices moved up last week amid robust buying activity from Chinese participants. "There is some demand for imported cargoes in China, especially as the downstream market is performing fairly well. But I do not see any significant reasons that will push the market to the $200 cfr China level," a steel mill sourc...Read More
WASHINGTON (Reuters) - Talks to update the NAFTA trade deal enter a make-or-break week on Monday, as ministers from Canada, the United States and Mexico seek to resolve an impasse in key areas before elections in Mexico and the United States complicate the process.Discussions in Washington will center on rules of origin that govern what percentage of a car needs to be built in the North American F...Read More