SHANGHAI, Mar 26 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last Friday nightGrowing trade tension dragged the US dollar index down to a month-low of 89.496, down 0.4% during the day and 0.8% over the week.Such bearish sentiment also led base metals to fall across the board except for zinc. SHFE copper saw a smaller decline but fell cl...Read More

SHANGHAI, Mar 26 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last Friday nightGrowing trade tension dragged the US dollar index down to a month-low of 89.496, down 0.4% during the day and 0.8% over the week.Such bearish sentiment also led base metals to fall across the board except for zinc. SHFE copper saw a smaller decline but fell cl...Read More

(Kitco News) - Gold continues to trade in the pattern that has developed since the Fed began raising rates. This consists of a weakening pattern into the anticipated Fed meeting, a blip lower on the announcement and then a strong rally. We suggested that gold would potentially see a $1,307 print ahead of the announcement, with a suggestion to enter, when the news broke. The initial bounce to the $...Read More

South Korea is working to ease the steel import quota limits imposed by the United States following its Section 232 investigations, the Korea Iron & Steel Association (Kisa) said on Monday March 26.The 70% quota is based on the average US import volumes from South Korea for 2015-2017, which is about 74% of 2017's total, and was imposed after the US exempted South Korea from the Sect...Read More

Colorado School of Mines PhD candidate Andrew Pfluger has been selected to receive the W. Wesley Eckenfelder Graduate Research Award for 2018 by the American Academy of Environmental Engineers and Scientists.The award is given each year to an environmental engineering or environmental science graduate student whose research contributes to the knowledge pool of wastewater management. Award selectio...Read More

Today Lead – Lead Mcx Buy call 27d given at price 153.10 Made 154.15 High. Achieved 1st Target 154.10. Total Profit of 1 Point x 2 lot = 2 PointsCALL ID 27d : Mcx Lead - BUY 2 lot Lead at CMP 153.10 for Target 154.10 - 154.60 with SL below price 152.0AFTER POST CONTENT Read More

SHANGHAI, Mar 26 (SMM) –Copper: While the market was rattled by the rising trade tension, crude oil saw a big jump in prices, which may give certain support to copper prices. We expect LME copper to trade at $6,620-6,670/mt today with SHFE copper at 49,700-50,200 yuan/mt. In the physical market, spot discounts are seen at 140-220 yuan/mt with thin trading activity as downstream consumers tak...Read More

SAO PAULO, March 26 (Reuters) - Global investment banks from Citigroup to Goldman Sachs are hiring again in Brazil after years of retrenchment as historically low interest rates fuel a recovery as well as a small boom in M&A and stock and local bond offerings.Most of the moves, several of them involving one bank hiring away top talent from another, are likely to wrap up by the end of the first...Read More

SHANGHAI, Mar 26 (SMM) –Copper: While the market was rattled by the rising trade tension, crude oil saw a big jump in prices, which may give certain support to copper prices. We expect LME copper to trade at $6,620-6,670/mt today with SHFE copper at 49,700-50,200 yuan/mt. In the physical market, spot discounts are seen at 140-220 yuan/mt with thin trading activity as downstream consumers tak...Read More

(Kitco News) - Large speculators slashed their bullish exposure to gold by 18% in the latest weekly data compiled by the Commodity Futures Trading Commission, but the next round of figures is likely to show that bulls have regained their footing after the late-week price rally.The data showed a record level of bearish positioning in silver, although this is also likely to have been scaled back by...Read More

Chinese rebar exports declined 58% year-on-year in February due to high prices.The country shipped 467,502 tonnes of rebar last month, down 58.37% from a year earlier, according to Chinese customs data released on Monday March 26. This number, however, is 48.07% higher than the 315,727 tonnes exported in January. High prices...Read More

ASX junior, MinRexResources (ASX:MRR), today revealed that it has entered into an agreement to strategicallyacquire 100 per cent of Clean Power Resources (CPR). CPR has three high-quality, exploration-stage projectareas in NSW and WA that are highly prospective for cobalt,scandium, copper and nickel. These tenements are also located in close proximityto supporting infrastructure and key ports.Th...Read More

Copper – Copper SELL Call 262 Given at price 427.4 (426.80+428) Triggered SL at price 429. Total 1.6 Points per lot SL hit in CopperTIPS ID 262 : Copper Tips Free Today - SELL Copper at CMP 426.80 Add more at price 428 with SL Above 429 for Target 424 - 422.50AFTER POST CONTENT Read More

MILAN (Reuters) - European shares fell on Monday as a late surge in the euro and diplomatic tensions with Russia more than offset hopes that the protectionist shift in U.S. trade policy may be more selective and tactical than first feared.The regional STOXX 600 benchmark fell 0.7 percent to its lowest level since February 2017, having earlier gained as much as 0.6 percent following reports the Uni...Read More

BEIJING (Reuters) - North Korea leader Kim Jong Un has visited China, Bloomberg reported on Monday citing three unnamed sources, in what would be his first known overseas trip since taking power in 2011 and ahead of a potential summit with U.S. President Donald Trump.Details of his visit including its purpose and itinerary were not yet known, Bloomberg said. Japanese media reported earlier on Mond...Read More

China's stainless flat steel exports experienced a sharp year on year increase in February, although they dropped month on month.China exported 243,205 tonnes of stainless flat steel products, up 46,767 tonnes or 23.81% from 196,438 tonnes a year earlier, according to Chinese customs data released on Monday March 26. Last month's volume, however, is down 42,095 tonnes or 14.75% from January's 285,...Read More

RAPAPORT... Carol Pennelli has been appointed president of US-basedluxury jeweler David Yurman, where she will be responsible for everything exceptdesign and creative functions, the company said Tuesday. Pennelli (pictured) has worked at David Yurman for 15 years, mostrecently as chief commercial officer. "Carol has been critical to our business's growth across allcommerce points, and ha...Read More

Mcx Lead – BUY 2 lot Lead at CMP 153.10 for Target 154.10 – 154.60 with SL below price 152.0AFTER POST CONTENT Read More

Last week gold and silver held the bottoms, and both had big rallies. Gold rallied from $1,306, gaining almost $40, and silver rallied from $16.10, gaining 55 cents. The real question: can these rallies hold and go higher or are they just testing the upper end of the ranges they have been in for the last couple of months. The answer is complicated. They certainly can break out to the upside, but b...Read More

London-based metals merchant Concord Resources is eyeing opportunities brought about by resource nationalism and protectionism, after announcing results that show how the company's rapid expansion accelerated through 2017. Concord tripled its net profit after tax, bringing in $20.73 million over 2017 - its second full trading year - representing a 23.9% gross return on average equity. Annuall...Read More