CERNOBBIO, Italy (Reuters) - A trade war triggered by U.S. tariffs would cause a global recession - and the mere fear of one is already hurting the economy, European Central Bank board member Benoit Coeure said on Friday.Investors have been wondering whether an economic slowdown, aggravated if not caused by global trade tensions, could delay the end of the ECB’s exit from its aggressive mone...Read More
The 10 junior gold picks are poised to make big moves if the gold price rally continuesSmallCapPower | March 27, 2018: Gold prices spiked Friday, following U.S. President Trump’s announcement of new tariffs on China, sparking fears of a global trade war. Prices rose from US$1,311/oz to US$1347/oz on Friday and have since risen to $1,354/oz as of yesterday. Gold companies have followed suit,...Read More
- JPMorgan Chase CEO Jamie Dimon sees 'chance of market panic'- In annual letter to shareholders Dimon warns of increased inflation and interest rates- Concerned QE unwinding could cause chaos as 'markets will get more volatile'- Hard to look at the last 20 years in America "and not think that it has been getting increasingly worse."- Positive about US economy over next year, but ignores record...Read More
The private placement at $1.12 per common share subscription receipt is part of Nemaska's overall project financing plans to raise US$775-825 million to fund the construction and commissioning of its Whabouchi mine and Shawinigan plant project in Quebec, Canada, as well as for general working capital.Read More
Angola’s diamond exports in January brought in the second-highest price per carat ($136.24) for monthly sales since October 2016, Portuguese news agency Lusa has reported. The highest price per carat ($138.60) for monthly sales in this period was achieved in November last year.According to the monthly report of the Angolan Finance Ministry, the country exported 620 485 ct of diamonds in Janu...Read More
A 6.16-carat blue diamond that was secretly passed down through European royalty over three centuries is going on sale for the first time in May.The pear-shaped, dark grey-blue gem, known as The Farnese Blue, is believed to be one of the most important historical diamonds left in private hands, Sotheby's said.Expected to fetch between $3.7 and $5.3 million when it goes under the auction house's ha...Read More
The Mint Corporation (TSXV:MIT) expects higher revenue per cardholder from the mobile wallet and new servicesSmallCapPower | March 23, 2018: Mint mobile wallet poised for April launch in the UAE. On March 22, 2018, The Mint Corporation (TSXV:MIT) announced that its majority-owned subsidiary, Mint Middle East LLC ("MME"), is expected to commercially launch the mobile wallet application in April. In...Read More
OTTAWA (Reuters) - The United States, Mexico and Canada are “moving forward in a significant way” at talks to modernize the NAFTA trade pact, Canadian Prime Minister Justin Trudeau said on Thursday.Trudeau’s remarks to reporters in Quebec City were the latest in a series of upbeat comments by officials in the three countries about the chances of striking some kind of deal soon on...Read More
It reported output of 2,964 ounces of gold for the quarter from the Pampalo gold mine in eastern Finland, dropping 5.8% from the January-March 2017 period.Read More
The base price assessments for flat stainless steel products in Europe narrowed downward by ?,?20 per tonne this week due to pressure from cheap imports and high stock levels, sources told Metal Bulletin on Friday April 6.Metal Bulletin's weekly base price assessment for 2mm, grade-304 cold-rolled (CR) stainless steel sheet was ?,?1,050-1,110 ($1,287-1,360) per tonne delivered in Northern Europe o...Read More
FlowWorks, a flexible SaaS offering by Carl Data Solutions Inc. (CSE:CRL), allows for real-time monitoring and analysis of water resources through a centralized dashboardVasudha Sharma | March 21, 2018: A mid-winter thaw and unprecedented rainfall during the month of February caused severe flooding across cities of Southwestern Ontario, as swollen rivers and streams overflowed. The Chatham-Kent...Read More
AIM Journal's Andrew Hore discusses the luxury interior furnishings group Walker Greenbank plc's (LON:WGB) results for the year to the end of January 2018.Hore also talks through AdEPT Telecom plc's (LON:ADT) trading statement released yesterday, AppScatter Group PLC's (LON:APPS) acquisition of German firm Priori Data for ?13.5mln, the recent management changes at ECSC Group PLC (LON:ECSC) as wel...Read More
In his latest action, President Trump fired his next shot today by ordering a review of additional tariffs. This action prompted an immediate and strong response from China. As reported in Bloomberg Politics, "At almost the same time as Trump spoke, a senior Chinese government official in Beijing repeated a vow from earlier that day that the country would 'retaliate immediately, intensively, witho...Read More
Nova Leap Health Corp. (TSXV:NLH) actual annual revenue run rate is expected to approach US$9 millionSmallCapPower | March 20, 2018: Nova Leap announces a definitive agreement to make its second acquisition in 2018. On March 19, 2018, Nova Leap Health Corp. (TSXV:NLH) announced it has executed a definitive agreement to acquire a home care services company located in New England for US$1.2 million...Read More
Moody's Investor Services downgraded the company's corporate family rating and its senior unsecured note ratings to B2 from B1, its probability of default rating to B2-PD from B1-PD and kept its ratings outlook at negative.Read More
Interactive Investor's Richard Hunter discusses with Proactive the ongoing war of words between China and the US on trade tariffs.''What happened during the week is that the US markets went into freefall after the initial $50bln Trump announcement, it then probably became apparent overnight ... that these hadn't in fact been implemented yet .. and the markets bounced straight back''.''On the plus...Read More
(Kitco News) - Unless there is a significant breakdown in equities or the U.S. dollar, gold investors can expect to see further grind in the marketplace, according to one commodity analyst.Although gold prices could test the top end of their range, around $1,350 an ounce, as the market finds support from disappointing labor market data and escalation of trade war rhetoric between the U.S. and Chin...Read More
FREE ZINC POSITIONAL TIPSFree Zinc Positional Tips – Zinc Hold BUY Call 4a1 given at price 209.55 (210.10+209) CMP 211.55. Low risk taker book 2 Point x 2 lot = 4 Points / Rs 20000. RISK taker wait for TGT4a1 : Zinc Positional Call - BUY Zinc at CMP 210.10 Add more if price 209 with SL 207.90 (2.20 Points SL). For Target 212.20 - 214 - 215.50AFTER POST CONTENT Read More
Mint Corporation (TSXV:MIT) currently provides employers with automated payroll services and a proprietary Automated Teller Machine network for unbanked employees in the United Arab Emirates (UAE)SmallCapPower | March 15, 2018: Mint Corporation (TSXV:MIT), on Thursday, March 15, 2018, announced that, due to strong interest from prospective partners in both emerging and mature markets, that it has...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 25 points in pre-opening trade. Futures are responding to new trade war fears with China.Index futures moved lower following release of the U.S. March employment report released at 8:30 AM EDT. Consensus for March Non-farm Payrolls was 178,000 versus revised 326,000 in February. Actual was 103,000. Consensus for March...Read More