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

U.S. equity index futures were higher this morning. S&P 500 futures were up 18 points in pre-opening trade. General Electric (GE $13.16) is expected to open lower after Stifel Nicolaus lowered its target price to $13 from $15.MMM (MMM $212.62) is expected to open lower after Stifel Nicolaus lowered its target price to $225 from $251.Constellation Brands slipped $1.83 to $226.33 after Stifel Ni...Read More

Graham Lumsden, chief executive of Motif Bio Plc (LON:MTFB, NASDAQ:MTFB), tells Proactive's Andrew Scott they've initiated a rolling submission of a new drug application to the US Food & Drug Administration for iclaprim.The new drug application (NDA) for their flagship next-generation antibiotic for the treatment of acute bacterial skin and skin structure infections (ABSSSI) is expected to be...Read More

(Kitco News) - The gold market saw some technical selling pressures ending Tuesday’s session down on the day, pushed lower by improved investor risk sentiment and a stronger U.S. dollar.June gold futures settled the session at $1,337.30 an ounce, down 0.71% on the day. At the same time, May silver futures last traded at $16.392 an ounce, down 1.7% on the day.According to analysts, the precio...Read More

Today Lead Call – SELL Lead at CMP 155.45 for Target 154.50 – 154 with SL Above price 156.55AFTER POST CONTENT Read More

SHANGHAI, Apr 3 (SMM) – The final purchasing managers' index (PMI) for downstream nickel industries in March inched up from February and stood at 52.5, SMM data showed. The figure fell below expectations.As operation across industries recovered after Chinese New Year, the overall production index in March came in at 57.4.New orders increased across various sectors, especially for el...Read More

SHANGHAI, Apr 3 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index rebounded to 90 following the release of upbeat economic data.SHFE metals saw mixed trading overnight with aluminium rising over 1%. Copper and tin inched up, while others edged down slightly.China’s Caixin/Markit manufacturing purchasing manag...Read More

SHANGHAI, Apr 3 (SMM) – The copper spot market in Shanghai saw brisk transactions on Tuesday April 3 as premiums were offered at 30-100 yuan/mt against the SHFE 1804 contract. This compared with a discount of 110-40 yuan/mt on Monday April 2. Sellers took control of the market, while traders and downstream consumers were keen to stock for the Qingming Festival holiday, SMM learned.Standard-q...Read More

Andrew Lloyd, president of Corero Network Security PLC (LON:CNS), tells Proactive they've secured several new orders for their cybersecurity technologies to the tune of US$1.2mln.Lloyd says the orders include two for their SmartWall Threat Defense technology with a cloud-based web development customer and a digital enterprise customer, worth US$0.3mln and US$0.2mln respectively.Corero's also recei...Read More

NEW YORK (Reuters) - John Williams, the genial president of the Federal Reserve Bank of San Francisco and a top monetary economist, was promoted on Tuesday to head the New York Fed in a politically explosive decision likely to ramp up criticism that the bank ignored more diverse candidates.The New York Fed’s directors said Williams will on June 18 succeed William Dudley in what is seen as th...Read More

ZINC HOLD Call – SELL Mcx Zinc April at CMP 214.25 with SL Above 216.10 for Target 213 – 211.50AFTER POST CONTENT Read More

On Tuesday copper for delivery in May advanced to a two-week high on the Comex market in New York at $3.065 per pound or $6,755 a tonne after positive manufacturing data from China, the globe's number one metals consumer.Copper is still down 8% so far in 2018 and the bellwether metal's dimmer prospects is nowhere more evident than on derivatives markets and the shift in positioning of large-scal...Read More

Prairie Mining Limited (ASX:PDZ - LSE:PDZ) has todayreleased an update on its Jan Karski Mine project in Poland.PDZ completed an Environmental and SocialImpact Assessment and made submissions to the relevant administrative body foran Environmental Consent decision in October 2017, as required by law. However,Prairie is yet receive the required Environmental Consent decision from thePolish governm...Read More

(Reuters) - Sales of light vehicles in Canada dipped 0.6 percent in March according to data released on Tuesday, amid signs that the economy was on track for a weaker-than-expected first quarter.Research firm DesRosiers Automotive Consultants Inc said sales of passenger cars fell 12.4 percent in the month with Ford Canada and Fiat Chrysler recording a drop in overall sales.In contrast, sales of li...Read More

SHANGHAI, Apr 3 (SMM) –Copper: After it was closed for two days, LME copper climbed up after it opened today. SHFE copper mostly traded above the 10-day moving average, with support at the five- and 10-day moving averages overnight. We see it trading at 50,100-50,600 yuan/mt with spot premiums at 0-50 yuan/mt today.Aluminium: As LME aluminium opened higher, we expect it to rise and test...Read More

SHANGHAI, Apr 3 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index rebounded to 90 following the release of upbeat economic data.SHFE metals saw mixed trading overnight with aluminium rising over 1%. Copper and tin inched up, while others edged down slightly.China’s Caixin/Markit manufacturing purchasing manag...Read More

Mark Payton, chief executive of Mercia Technologies PLC (LON:MERC), tells Proactive Investors that within the regions in the UK there's a distinct lack of capital but some 'fantastic' investment opportunities.''I'd refer to those regions as the Midlands, north of England and Scotland ... ''.''What we've developed is using funds under management initially and supporting these businesses from anythi...Read More

SHANGHAI, Apr 3 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index rebounded to 90 following the release of upbeat economic data.SHFE metals saw mixed trading overnight with aluminium rising over 1%. Copper and tin inched up, while others edged down slightly.China’s Caixin/Markit manufacturing purchasing manag...Read More

(Kitco News) - Trading activity for the metals overall and gold in particular hit a record pace in the first quarter, according to the latest trade data from CME Group.In a report Tuesday, the exchange operator said metals volume averaged 713,000 contracts per day from January through March, up 39% from the first quarter of 2017.Trading volume was also above the three-month rolling averages of 662...Read More

Zinc Live Call – Zinc BUY Call 3e8, given at price 213.70 CMP 214.45. Total 0.75 Points per lot profit chance for low risk takerTIPS ID 3e8 : Zinc Tips - BUY Zinc at CMP 213.70 for Target 214.70 - 215.40 with SL below price 212.50AFTER POST CONTENT Read More