WASHINGTON (Reuters) - North Korea has told the United States for the first time that it is prepared to discuss the denuclearization of the Korean Peninsula when North Korean leader Kim Jong Un meets President Donald Trump, a U.S. official said on Sunday.U.S. and North Korean officials have held secret contacts recently in which Pyongyang directly confirmed its willingness to hold the unprecedente...Read More

(Kitco News) - The U.S.-China trade spat will not escalate into a trade war this year, said ABN Amro, adding that gold will suffer as a result.The key driver for the yellow metal in 2018 has been the U.S. dollar, which is expected to rebound in the coming months as trade tensions ease, ABM Amro’s senior precious metals and diamond analyst Georgette Boele wrote in a report published on Monday...Read More

SHANGHAI, Apr 9 (SMM) – Nonferrous metals saw mixed trading on Monday April 9. SHFE aluminium rebounded and closed nearly 1.4% higher. Copper inched up, while zinc fell over 1% and nickel dipped almost 1%. Lead and tin were slightly down.In the ferrous market, hot-rolled coil gained nearly 2% and rebar grew over 1%. Coke, coking coal, and iron ore edged down.Copper: The SHFE 1805 copper cont...Read More

SHANGHAI, Apr 9 (SMM) – Nonferrous metals saw mixed trading on Monday April 9. SHFE aluminium rebounded and closed nearly 1.4% higher. Copper inched up, while zinc fell over 1% and nickel dipped almost 1%. Lead and tin were slightly down.In the ferrous market, hot-rolled coil gained nearly 2% and rebar grew over 1%. Coke, coking coal, and iron ore edged down.Copper: The SHFE 1805 copper cont...Read More

SHANGHAI, Apr 9 (SMM) – Nonferrous metals saw mixed trading on Monday April 9. SHFE aluminium rebounded and closed nearly 1.4% higher. Copper inched up, while zinc fell over 1% and nickel dipped almost 1%. Lead and tin were slightly down.In the ferrous market, hot-rolled coil gained nearly 2% and rebar grew over 1%. Coke, coking coal, and iron ore edged down.Copper: The SHFE 1805 copper cont...Read More

LIVE COPPER TIPS TODAYLive Copper Tips Today – Copper BUY Call 4ce given at price 438.80 Achieved 2nd Target 442. CMP 442.20. Total profit of 3.20 x 2 lot = 6.40 Points / Rs 64004ce : Copper Mcx - BUY Copper at CMP 438.80 for Target 441 - 442 with SL below price 436.40 RISK Taker advised to trade 2 lotsAFTER POST CONTENT Read More

U.S. equity index futures were higher this morning. S&P 500 futures were up 11 points in pre-opening trade. Early strength is attributed to downplay on a potential trade war with China by White House officials over the weekend. Merck gained $1.34 to $54.70 following release of positive results from trials for its Keytruda cancer treatment. General Motors added $0.83 to $38.51 after Morgan Stan...Read More

The department said in its March Resources and Energy Quarterly report the Japanese fiscal year (JFY) benchmark price for the April 2018-March 2018 period was likely to settle at US$100 per tonne for Australian coal shipped from Newcastle port to Japan.Read More

LONDON (Reuters) - Donald Trump will regret it if he pulls out of the nuclear deal with Iran, President Hassan Rouhani said on Monday, warning the U.S. president that Tehran’s response would be stronger than he thinks.U.S. sanctions that were lifted under the Joint Comprehensive Plan of Action (JCPOA) of 2015 will resume unless Trump waives them again on May 12. Trump has effectively set tha...Read More

RAPAPORT... A blue diamond ring and a jadeite bracelet both failed tofind buyers at Sotheby's Hong Kong sale.Most notable of the unsold lots from the April 3 auction was a14.18-carat, fancy blue, VVS2-clarity diamond ring, surrounded by pinkdiamonds, which was estimated at $6 million to $7.7 million.A jadeite bangle - known as the "Circle of Heaven" -with an estimate of $10.2 million to $12.8 mill...Read More

This weekend Trump and his administration sought to temper fears of an all-out trade war between two superpowers.On Sunday the president tweeted, “President Xi and I will always be friends, no matter what happens with our dispute on trade. China will take down its Trade Barriers because it is the right thing to do. Taxes will become Reciprocal & a deal will be made on Intellectual Proper...Read More

FTSE 100 closes 11 pts upRolls-Royce rallies on deal to sell L'OrangeRussia exposed stocks hit by US sanctions  FTSE 100 closed in positive territory, despite earlier losses as investors came back to buying shares and US stocks were higher.The UK blue chip benchmark closed around 11 points higher, at 7,194.FTSE 250 though, the more UK company focused index, was lower though, plungin...Read More

Those worried that the positive momentum in the mining and metals sector is beginning to wane after two years of strong gains may find encouragement from a new survey by private capital tracker Preqin.Fundraising by unlisted funds for investment in mining and metals was a non-starter last year. A single private capital fund closed last year after rustling up all of $24 million.A further 13 funds...Read More

Listen to this podcast on our site by clicking here or subscribe on iTunes here.Famed technician Louise Yamada at LY Advisors warns that investors have been selling the rallies since the January peak, leading to a descending triangle formation on the chart, which is typically a bearish sign.Here's some of what she told Financial Sense Newshour listeners on Saturday's podcast regarding her tec...Read More

Mcx Zinc Commodity – Zinc Mcx BUY Carry call 4ec given at price 208.50. CMP 209.30. Only Low risk taker book 0.8 x 2 lot = 1.60 Points4ec : Zinc Mcx Carry - Buy Zinc at CMP 208.50 Add more if price 207.50 with SL 206.50 for Target 210 - 211.20. RISK Taker trade 2 lotsAFTER POST CONTENT Read More

SHANGHAI, Apr 9 (SMM) – Traders were actively looking to sell copper in the Shanghai spot market on the morning of Monday April 9. While they offered the red metal at a premium of 60-120 yuan/mt, transactions were mostly concluded at a premium of 70-100 yuan/mt.Standard-quality copper was heard traded at 50,320-50,460 yuan/mt and high-quality copper was at 50,340-50,500 yuan/mt, SMM lea...Read More

SHANGHAI, Apr 9 (SMM) – This is a roundup of global macroeconomic news last week and what is expected today.Last weekThe US dollar closed at 90.12 on Friday April 6, up 0.25% over the week. LME metals fell across the board on Friday except for aluminium, which was up over 3% inventory dropped for the first time in over nine months. Copper edged down close to 1%. Zinc and tin fell over 1...Read More

SHANGHAI, Apr 9 – Trading in China's zinc spot market was more active on Monday April 9 than before the Qingming holiday. As SHFE zinc 1805 contract dipped to a low of 24,380 yuan/mt during the day, downstream buyers were keen to stock amid adequate supply, SMM learned.In the Shanghai market, 0# zinc traded at 24,380-24,850 yuan/mt. The 0# common brand traded at a premium of 30-40 yuan/m...Read More

The chip stock hit an annual low just last weekBMO cut its price target on Advanced Micro Devices, Inc. (NASDAQ:AMD) by $3 to $12, following a rough stretch for chip stocks. Nevertheless, this new AMD price target stands at a premium to last Friday's close at $9.61, and in early trading, the security is 1.6% higher at $9.69, thanks to broad-market tailwinds.Since being rejected by the $12.90 regio...Read More

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank would eventually need to consider how to normalize its ultra-easy monetary policy.But he reiterated that it was too early to debate specific means to whittle down stimulus with inflation distant from the BOJ’s 2 percent target.“I think the process of any shift (from easy policy) would be cautious a...Read More