Base metals prices on the London Metal Exchange were split into two camps at the close on Thursday March 29 ahead of the market shutting down for a long Easter weekend.The three-month aluminium price closed 1.5% lower as it hit a low of $1,996 per tonne - the lowest since August 8, 2017. "Aluminium therefore cost nearly $300 less than the multi-year high it achieved in early January. Almost all of...Read More

By Hilary RussNEW YORK, March 29 (Reuters) - New Jersey will sell $3.2billion of tobacco refunding bonds on April 4 in a deal thateffectively strips the debt of its junk rating and elevates itto investment grade.The deal, the largest of next week's $8 billion of U.S.municipal bond and note sales, will refinance what remains of$3.6 billion of bonds issued in 2007 by the state's TobaccoSettlement Fi...Read More

Comex copper prices staged a modest rally in the US morning on Thursday March 29, with investor sentiment turning positive following a softer dollar and easing geopolitical tensions. Copper for May settlement on the Comex division of the New York Mercantile Exchange rose 3.75 cents or 1.3% to $3.0395 per lb. Geopolitical tensions are lessening, leading to a pick-up in investor appetite for the met...Read More

NEW YORK, March 29 (Reuters) - U.S. fund investors drainedanother $14 billion from the stock market during the most recentweek, Lipper data showed on Thursday.The withdrawals during the week ended March 28 are thelargest since early February's market meltdown, according to theresearch service. (Reporting by Trevor Hunnicutt) Disclaimer: The views expressed in this article are those of the author...Read More

Iron ore prices recovered to $65 per tonne cfr China on Thursday March 29, despite limited physical trading in China.Metal Bulletin's 62% Fe Iron Ore Index Today: $64.99 per tonne cfr Qingdao Daily change: up by $1.87 per tonneMonth-to-date average: $70.20 per tonneMetal Bulletin's 58% Fe Premium Index Today: $52.00 per tonne...Read More

Aluminium Positional Tips – Sell 2 lot Aluminium at CMP 130.80 for Target 129.0 – 128 with SL Above price 132.10AFTER POST CONTENT Read More

By Alexandria SageSAN FRANCISCO, March 29 (Reuters) - Tesla Inc shares rose on Thursday ahead of the expected release next weekof the company's quarterly auto production data, while a seniorexecutive urged workers at the automaker to hit a weeklyproduction target of 2,500 Model 3 sedans by the end of March.Quickly ramping up Model 3 production is crucial for theSilicon Valley electric vehicle make...Read More

(Adds details throughout and updates prices to close)TORONTO, March 29 (Reuters) - Canada's main stock indexnotched its biggest gain in more than six weeks on Thursday, ledby resource and financial shares, but still suffered its deepestquarterly decline in two-and-a-half years. * The Toronto Stock Exchange's S&P/TSX composite index ended up 197.35 points, or 1.3 percent, at 15,367.29,its bigge...Read More

By Chuck MikolajczakNEW YORK, March 29 (Reuters) - U.S. President Donald Trumpsingled out Amazon.com Inc for criticism on Thursdayafter a roughly year-long hiatus from using his Twitter accountto attack or praise individual companies.The share prices of most of those companies immediatelymoved sharply up or down, depending on the content of Trump'scomment, but the impact is generally short-lived.F...Read More

(Updates to show it is one of the five largest hacks to date)By Nivedita Bhattacharjee and Jim FinkleMarch 29 (Reuters) - Under Armour Incsaid onThursday that data from some 150 million MyFitnessPal diet andfitness app accounts was compromised in February, in one of thebiggest hacks in history, sending shares of the athletic apparelmaker down 3 percent in after-hours trade.The stolen data includes...Read More

Click the following link to watch video: Source: Reuters InsiderDescription: U.S. President Donald Trump blasted Amazon with a list ofcomplaints, a day after news website Axios reported that Trump wants to curbthe mega retailer. Aleksandra Michalska reports.Short Link: Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author...Read More

Click the following link to watch video: Source: Reuters InsiderDescription: Wall Street surged on Thursday, bringing an upbeat end to atumultuous, holiday-shortened week as tech stocks rebounded. Fred Katayamareports.Short Link: Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy...Read More

** Sportswear maker's shares down 2.4 pct at $15.96after market** UAA says personal details of about 150 mln user accountsof fitness app MyFitnessPal hacked ** Data affected includes usernames, emails and encryptedpasswords** Government-identifiers such as social security numbers,driver license and payment card data not affected** Up to Thursday's close UAA's shares have risen ~13 pctthis year (Re...Read More

By Chuck Mikolajczak and Noel RandewichNEW YORK/SAN FRANCISCO, March 29 (Reuters) - SpotifyTechnology SA's unusual stock market debut on Tuesdaylevels the playing field for individual investors who arenormally at a disadvantage in traditional listings, but couldalso make them more vulnerable to swings in the music streamingservice's share price. The Swedish company is skipping a conventional initi...Read More

* U.S. stocks end rocky week in positive territory* S&P, Dow posted biggest quarterly loss in over 2 years* Tech stocks lead gains on S&P, Nasdaq* Indexes up: Dow 1.07 pct, S&P 1.38 pct, Nasdaq 1.64 pct(Updates to market close)By Stephen CulpNEW YORK, March 29 (Reuters) - Wall Street surged onThursday, bringing an upbeat end to a tumultuous,holiday-shortened week as technology stocks r...Read More

(Adds share price, CEO comments)March 29 (Reuters) - Shares of Chinese streaming platformiQiyi Inc fell below their initial public offering (IPO)price in the stock's market debut on Thursday, even as thetechnology sector rebounded from a sharp sell-off ahead of theGood Friday holiday weekend.The company, which is majority-owned by Chinese internetsearch firm Baidu Inc , had opened at $18.20, sligh...Read More

By Noel RandewichSAN FRANCISCO, March 29 (Reuters) - Tesla Inc's stock rebounded on Thursday but still suffered its worst weeksince July after one of the most optimistic analysts coveringthe electric car maker chopped his price target ahead ofquarterly production data expected next week.Shares of the company headed by Silicon Valley billionaireElon Musk climbed 3.24 percent to $266.13, trimming it...Read More

XAUUSD, H4 Yesterday, I identified the continued weakness the Gold against US dollars was experiencing and wrote “Gold traded lower again today to lows of the week, bottoming so far at $1,331.93, after printing six-week highs of $1,356.85 on Tuesday. A bit of dollar strength prompted position squaring, which has seen the contract head back close to its 50-day SMA, currently at $1,331.48. The...Read More

Metal-concentrates exchange Open Mineral has hired a new head of China to set up its office in Shanghai, tapping into one of the world's most significant metals concentrates markets, Metal Bulletin has learned. Wen Wang, former head of China for Cliveden and MRI, has joined the trading platform to oversee the region's business, the company's chief executive officer Boris Eykher told Metal Bulletin...Read More

   •  A modest USD weakness/US bond yields fail to lend any support.   •  Fading safe-haven demand adds to the downward pressure.   •  Likely to extend the ongoing retracement slide from 6-week tops.  Gold held with modest weakness through the early NA session on Thursday and is currently placed near week lows, around the $1322 regio...Read More