FRANKFURT/BRUSSELS/PARIS (Reuters) - Europe’s General Data Protection Regulation (GDPR) has been billed as the biggest shake-up of data privacy laws since the birth of the web.There’s one problem: many of the regulators who will police it say they aren’t ready yet.The pan-EU law comes into effect this month and will cover companies that collect large amounts of customer data incl...Read More
Aluminium Carry Call – BUY Alumini at CMP 159.35 Add more at price 158.70 with SL below price 158.20 for Target 160.30 – 161. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
My latest book, Collusion: How Central Bankers Rigged the World, is about the leading central banks and their incestuous relationships.The book dives into how central banks rigged the cost of money and the state of the markets, and ultimately created more inequality and instability as a result. They did all of this in order to subsidize private banks at the expense of people everywhere.The book re...Read More
Turkish steel producers have resumed their deep-sea scrap purchases, trading two US shipments and a UK cargo in the past few days, sources said on Tuesday May 8.The mills in the country were waiting until the International Rebar Producers & Exporters Association (Irepas) conference in Warsaw, which ends today, to see which direction the market moves, and decided to pay slightly higher prices for d...Read More
(Reuters) - Walmart Inc’s (WMT.N) online grocery delivery partnerships with ride-hailing services Uber and Lyft have ended, according to two sources, a potential setback for the retailer’s ambitions to challenge Amazon.com Inc (AMZN.O) head-on with speedy delivery of groceries to people’s homes.The end of the Walmart partnerships, which has not been previously reported and was co...Read More
Has the future finally arrived?The Federal Reserve intervened massively to cage the menace of depression after the 2008 financial crisis.Quantitative easing, zero interest rates and the rest of the central banker's emergency kit came to bear.The heroics "worked."The crisis has passed. And the economy is presently in its 108th month of recovery.Yes, the central bank may have saved the present with...Read More
Free Zinc Tips – Zinc Commodity SELL Call 7e7 given at 208.60 Achieved 2nd Target 207. CMP 206.65. Total profit of 1.6 x 2 lot = 3.20 PointsTIPS ID 7e7 : Zinc Call - SELL Zinc at CMP 208.60 for Target 207.60 - 207 with SL Above price 209.7. RISK taker trade 2 lotsAFTER POST CONTENT Read More
(Reuters) - U.S. stock indexes were on track to open lower on Tuesday as investors braced for President Donald Trump’s decision on whether to withdraw from the Iran nuclear deal.A U.S. withdrawal would tighten economic sanctions on Iran, curtailing the country’s output that could bolster this year’s 13 percent oil rally.Crude prices were down about 1 percent - easing from 2014 hi...Read More
Exporters of hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States have not cut offers further citing a slight improvement in the global market. CIS producers cut their offer prices in early April and again later in the month.Metal Bulletin's weekly price assessment for CIS-origin HRC exports was $580-590 per tonne fob Black Sea on Monday May 7, nar...Read More
Mcx Lead Call – Lead Sell call 7e8 given at price 156.10 Achieved 1st Target 155. Made 154.95 low. Total profit of 1.10 x 2 lot = 2.20 Points7e8 : Lead Carry Call - SELL Lead at CMP 156.10 for Target 155 - 154 with SL Above price 157.20. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
(Reuters) - U.S. cable operator Comcast Corp is asking investment banks to increase a bridge financing facility by as much as $60 billion so it can make an all-cash offer for the media assets that Twenty-First Century Fox Inc has agreed to sell to Walt Disney Co for $52 billion, three people familiar with the matter said on Monday.Comcast Chief Executive Brian Roberts only plans to proceed with th...Read More
The latest news and price moves to start the Asian day on Wednesday May 9. Base metals prices on the London Metal Exchange ended mostly lower at the close of trading on Tuesday May 8, with aluminium and zinc bucking the trend. Read more in our live futures report.Brazil's primary aluminium export volumes increased by 82.7% year on year in April due to increased shipments from Norsk Hydro's Al...Read More
May 8 (Reuters) - Futures for Canada's main stock exchange were little changed on Tuesday, as investors awaited an announcement by U.S. President Donald Trump later in the day on whether the United States will reimpose sanctions on Iran.Trump will announce whether he will pull out of the Iran nuclear deal or stay in and work with European allies who have struggled to persuade him that it has succe...Read More
The latest metal markets news and price moves to start the North American day on Tuesday May 8. Base metals on the London Metal Exchange were mostly lower during morning trading, with broad consolidation in effect across the complex.Aluminium's three-month price continues to trade firmly above $2,300 per tonne, reaching a high of $2,372 per tonne over the morning. Despite the light metal's recent...Read More
Today Zinc Intraday – Zinc SELL Call 7e7 given at price 208.60 Achieved 1st Target 207.60. Made 207.50 (12:35pm) Total profit of 1.10 x 2 lot = 2.20 PointsTIPS ID 7e7 : Zinc Call – SELL Zinc at CMP 208.60 for Target 207.60 – 207 with SL Above price 209.7. RISK taker trade 2 lotsAFTER POST CONTENT Read More
* Italian yields jump 8 bps with early election possible* Other South European yields higher 5 bps* Strong German data pushes up euro zone yields* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Adds quotes, additional detail)By Abhinav RamnarayanLONDON, May 8 (Reuters) - Italian government bond yield rose sharply on Tuesday, lifting southern European peers, as the possibility of an earl...Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Tuesday May 8.Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Tuesday, albeit with marginal gains amid renewed dollar strength. Tin bucked the general positivity, however, with prices dipping by 0.6%.Check Metal Bulletin's live futures report...Read More
Lead Carry Call – SELL Lead at CMP 156.10 for Target 155 – 154 with SL Above price 157.20 RISK Taker trade 2 lotsAFTER POST CONTENT Read More
(Reuters) - Oil and gas company Energen Corp (EGN.N) reported higher-than-expected first-quarter profit on Tuesday and raised its production guidance for the year as it seeks to reap the benefits of $70-a-barrel crude.For the year, the company said it now expects annual production in the range of 92,000-99,000 barrels of oil equivalent per day (boe/d) up from the 91,500-98,500 it forecast along wi...Read More
Zinc Call – SELL Zinc at CMP 208.60 for Target 207.60 – 207 with SL Above price 209.7. RISK taker trade 2 lotsAFTER POST CONTENT Read More