April 3 (Reuters) - Canada's main stock index were little changed on Tuesday as narrow gains in financial stocks were offset by declines in materials sector.* At 9:32 a.m. ET (1332 GMT), the Toronto Stock Exchange's S&P/TSX Composite Index rose 2.05 points, or 0.01 percent, to 15,215.5. (Reporting by Medha Singh in Bengaluru; Editing by Arun Koyyur) Disclaimer: The views expressed in this art...Read More
The blockchain name said it's being investigated by the SECOptions volume is soaring on Longfin Corp (NASDAQ:LFIN) today, as the shares extend their sell-off to a sixth straight day. At last check, more than 13,600 puts and almost 8,300 calls had traded -- nine times what's typically seen at this point in the day. For the sake of comparison, LFIN's single-day options volume topped out at a record...Read More
Gold rose on safe haven demand on the back of the stock market sell off. Chinese retaliation on American goods will ensure that gold continues to remain firm. Gold will rise as long as uncertainty over the bullish trend in the global stock market is there. Physical demand in Asia will rise as laggards buy gold. I also see more and more new investors starting to invest in gold. Silver will catch...Read More
They say that goldfish have the shortest memory in the Animal Kingdom... something like 3-seconds.But it turns out this isn't actually true.Continue...Read More
Appian founder and general partner Michael Scherb is now one of eight Harte Gold directors. Harte president and CEO Stephen Roman said the major shareholder's appointee founded Appian six years ago and oversaw the fund and its investment strategy."We appreciate the contributions Michael and the Appian team have made to accelerate the development of Harte Gold," Roman said."We have made tremendous...Read More
SANTIAGO, April 3 (Reuters) - Caserones copper mine in Chile said on Tuesday that it would temporarily shut down its copper concentrator in order to replace a leaking pipe.The Environmental Tribunal of Antofagasta, a province of Chile's northern mining region, asked Lumina Copper, which owns the mine, to shut down the processing plant for 15 days following a tailings spill into a nearby river, Cas...Read More
SHANGHAI, Apr 3 (SMM) – Nonferrous metals saw mixed trading today. SHFE zinc fell 1.2%, lead slid over 1%, nickel dipped, while aluminium gained 1.6%. Copper and tin inched up.Most ferrous metals fell. Iron ore lost 1.6%, coking coal and hot-rolled coil edged down slightly, while rebar and coke closed a bit higher.Copper: The SHFE 1805 contract traded rangebound around moving avera...Read More
Seaborne iron ore prices weakened slightly on Tuesday April 3 amid a subdued futures market, though buying interest appears to have increased. Metal Bulletin 62% Fe Iron Ore Index: $63.76 per tonne cfr Qingdao, down by $2.04 per tonne Metal Bulletin 58% Fe Premium Index: $52.09 per tonne cfr Qingdao, down by $0.40 per tonne Metal Bulletin 65% Fe Iron Ore Index: $81.50 per tonne cfr Qingd...Read More
* FTSE 100 down 0.37 pct* Sterling strength weighs on dollar earners* Miners rise on China data* Sky gains after Fox says could separate Sky News (Adds closing prices)By Kit ReesLONDON, April 3 (Reuters) - Britain's top share index declined with other European bourses at the start of the second quarter, but a few stocks such as Sky SKYB.L managed to rise through the session.Shares in Sky closed up...Read More
"We have very bad laws for our border, and we are going to be doing some things - I've been speaking with General Mattis - we're going to be doing things militarily," Continue...Read More
LONDON, April 3 (Reuters) - Copper producer Cradle Arc is increasing output to 12,000 tonnes per year at a Botswana mine it has restarted and is seeking more mining assets in the African nation to take advantage of rising metals prices, the chief executive said.Production was halted at Botswana's Mowana mine in 2015, when copper prices fell, in line with a wider commodity crash.Copper prices at ar...Read More
10K has had a magnetic effect on DJT, but don't overlook the significance of 11KSince it was first crossed last October, the 10,000 millennium level on the Dow Jones Transportation Average (INDEXDJX:DJT) has had exactly the kind of "magnetic" effect we often speak of when referencing these types of big round numbers. And it's probably fair to say that the move from 9,999 to 10,000 carries perhaps...Read More
The new resource at Mowana is 75 million tonnes at 1.15% Cu for 861,000 tonnes of contained copper, a 6% increase on the previous model.Read More
India's Tata Steel hit a peak hot-metal output of 10.95 million tonnes in the financial year ending March 2018 at its blast furnaces in Jamshedpur, compared with 10.83 million tonnes a year ago.It also achieved its best ever saleable steel production of 9.78 million tonnes in the financial year ending March 2018, compared to 9.7 million tonnes in the same period last year, the company said last we...Read More
Investing.com - Gold prices moved lower on Tuesday, trimming some of the previous day’s gains as traders crept back into risk assets and U.S. stocks attempted to recover from Monday’s selloff, dampening safe haven demand for bullion.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were last down by $11.60, or around 0.8%, to $1,335.30 a troy ounc...Read More
South African engineering and construction group Murray & Roberts (JSE:MUR) unveiled Tuesday it had been awarded 3.7 billion rand (about $313 million) in mining projects located in sub-Saharan Africa, North America and Australasia.The company, currently subject of a takeover bid from Germany's ATON, said the awarded underground projects included diamond, gold, copper, salt and platinum mines. It a...Read More
As Federal Reserve officials go, John C. Williams may be a one-trick pony. But his one trick might be enough: deep expertise in monetary policy. Williams, 55, currently president of the Federal Reserve Bank of San Francisco, is the leading candidate to take over the far-more-powerful Federal Reserve Bank of New York, according to people with knowledge of the matter. That's despite a lack of...Read More
The stock has found support at previous levels of resistanceRetail giant Macy's Inc (NASDAQ:M) recently soared to a fresh annual high in late February, and the stock's pullback from this peak culminated last week in a sharp bounce from the $27 level. This area had previously acted as resistance since the stock's May 2017 bear gap, but now seems to have switched roles to act as support. M has alrea...Read More
China's rebar prices lost their momentum and dropped on Tuesday April 3 on less bullish sentiment led by losses in the billet market as well as a softer futures market. Domestic Eastern China (Shanghai): 3,650-3,700 yuan ($581-589) per tonne, down 40-50 yuan per tonne Northern China (Beijing): 3,730-3,750 yuan per tonne, down 50 yuan per tonne Billet prices dropped late on Monday due to lower...Read More