ZURICH (Reuters) - GlaxoSmithKline is buying Novartis out of their consumer healthcare joint venture for $13 billion, taking full control of products including Sensodyne toothpaste, Panadol headache tablets, muscle gel Voltaren, and Nicotinell patches.GSK’s biggest move since Emma Walmsley became chief executive last year follows the British drugmaker’s decision last week to quit the r...Read More

LONDON (Reuters) - Facebook boss Mark Zuckerberg will not answer questions from British lawmakers over how millions of users’ data got into the hands of political consultancy Cambridge Analytica as the company faces further pressure on both sides of the Atlantic.Zuckerberg will instead send his Chief Technology Officer Mike Schroepfer or Chief Product Officer Chris Cox to appear before parli...Read More

MADRID (Reuters) - Spain on Tuesday raised its growth forecast for this year to 2.7 percent of economic output from 2.3 percent previously.The economy ministry said the new forecast were the result of political uncertainty easing in Catalonia after the state assumed direct control of the restive region and as the world and European economies are seen expanding more than initially thought in 2018.T...Read More

Base metal prices on the London Metal Exchange remained high at the close of trading on Tuesday March 27, with only aluminium moving down. Aluminium was the only downward mover, dropping $7.50 to $2,044.50 per tonne while it continues to lack momentum."Its technical configuration is starting to improve and now badly needs follow-up buying to help the price of the light metal to edge higher. Going...Read More

Comex copper prices recovered Tuesday March 27 morning in the US amid easing tensions between the US and China.Copper for May settlement on the Comex division of the New York Mercantile Exchange rebounded 1.25 cents or 0.4% to $2.9825 per lb. Yesterday, the contract collapsed to a September-2017 low."While we treat the current rebound in copper prices cautiously, we are comforted that the copper p...Read More

Base metals prices on the London Metal Exchange were higher across the board during morning trading on Tuesday March 27. The market mostly ignored possible trade tensions between the United States and China and market sentiment has improved to boost prices. "It seems that the risks of a possible trade war between the US and China are being ignored completely on the base metals markets today - whic...Read More

Gold ETF technically confirms immediate-term breakout signal.A majority of gold's five supporting technical factors still in place.Interest rate factor also remains supportive in the near term.It was another productive day for gold as the yellow metal rallied impressively despite Monday's strong technical bounce in the stock market. In today's commentary we'll examine the continued improvement...Read More

The sellers are taking control as Trump, Merkel, and Macron discuss trade practices. Gold bears are likely looking at 1,330.00 downside target.  Gold is trading at around 1.344 down 0.7% on Tuesday as bears were unable to break above the 1.357 level. The fears of an all-out trade war between the US and China are easing and risk appetite is back with all the three major indices in Wall Stree...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Tuesday was a discouraging 60-104-126. The TSX Venture Exchange fell 13 points to 802 while rough diamond prices remained flat this week. Terry Tucker and Samer Khalaf's Tango Mining Inc. (TGV) g...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $8.70 to $1,344.50 on Tuesday. The TSX Venture Exchange fell 13.71 points to 802.83 while the TSX Gold Index fell 3.02 points to 187.59. Canadian gold miners lost ground today, although Detour Gold Corp. (DGC) b...Read More

Russian steelmakers have increased their prices for April-rolled rebar sold to the domestic market, sources have told Metal Bulletin.Metal Bulletin's price assessment for Russian domestic 12mm A500C rebar went up to 37,000-37,500 roubles ($647-656) per tonne cpt Moscow, including VAT, on Monday March 26. This compared with 35,000 roubles...Read More

Eldorado Gold releases 2017 results, 2018 guidance, and technical studies on Kisladag, Lamaque, and Skouries.The share price fell 10% on the news and further the following day.Thoughts on projections of the company's capital shortfall are fine.Before reading this piece, please visit the Eldorado Gold (EGO) website to acquaint yourself with the company. Eldorado Gold's price to book is presentl...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange fell 13.71 points to 802.83 Tuesday. Jessica Zhang's first capital pool shell, CUP Capital Corp., has completed its qualifying transaction, which is the acquisition of German Battery & Lighting Technologies...Read More

NUGT is breaking out higher.Broad market uncertainty is increasing.Using NUGT stock and options could add non-correlated exposure to the portfolio.With gold prices breaking higher amid an uncertain macroeconomic environment, adding long exposure to Direxion Daily Gold Miners Bull 3X ETF (NUGT) could be an attractive play going forward. I wrote an article earlier in the month advocating for NUGT ex...Read More

Metal Bulletin and sister publication American Metal Market will follow its published pricing calendar for its base metals and minors, ores and alloys prices over the coming Easter Break. You can find the complete pricing calendar here. Base metals price assessments In summary, all our base metals price assessments and indices follow the holiday calendar adopted by the London Metal Exchange, which...Read More

   •  A strong USD rebound prompts some aggressive long-unwinding trade.   •  Risk-on mood/fading safe-haven demand adds to the downward pressure. Having refreshed multi-week tops, near $1357 area, Gold changed course and dropped to an intraday low level of $1340 in the past hour. Against the backdrop of receding trade war fears, a sharp US Dollar recovery w...Read More

I see insider buying as mostly a positive sign; it implies that insiders are bullish on company stock and think the price will rise.I think it's more noteworthy when a small junior gold miner has insider buying, rather than a huge senior gold producer.Here are five gold stocks with recent insider buying, with buy/hold/sell recommendations available to subscribers.5 Gold Stocks With Recent Insi...Read More

The latest news and price moves to start the Asian day on Wednesday March 28.Aluminium and nickel bucked the trend of mostly higher base metals prices on the London Metal Exchange on Tuesday March 27. Read more in our live futures report.Here are how LME prices looked at Tuesday's close:Comex copper prices recovered Tuesday morning in the United States after collapsing the prev...Read More

Do you hear the military march? The world’s largest economies are flexing their muscles and preparing for war. Will gold win the trade conflict between the United States and China? So It Begins Trade war. This topic dominated the recent days. Last week, President Trump announced plans for tariffs on about $60 billion of Chinese imports. In response, Liu He, China’s vice-prime minister,...Read More

A summary of base metals premiums from across the globe for the week to Tuesday March 27.Please click...Read More