* Specs trim net short positions in gold in week to Nov. 6 * Dollar index hits over 16-month peak * GRAPHIC-2018 asset returns: (Updates prices)By Sumita LayekNov 12 (Reuters) - Gold fell for a seventh straight sessionon Monday, hitting its lowest in a month as the dollar jumped to16-month highs on the back of political uncertainty in Europeand the U.S. Federal Reserve's hawkish stance on interest...Read More

* Aluminium hits lowest since August 2017 * LME inventories of aluminium up 22 pct in a month (Updates with closing prices)By Eric OnstadLONDON, Nov 12 (Reuters) - Nickel fell to an 11-month low onMonday on worries about stainless steel, while other base metalswere pressured by uncertainty about the global economy.Aluminium touched the weakest since August last year asspeculators piled on more bea...Read More

* Dollar rises vs yen, franc, euro and Aussie * Greenback strength follows fed hawkish guidance * Sterling tumbles 1 pct on no-deal Brexit fears * Euro down 0.8 pct with Italy budget standoff in focus * Graphic: World FX rates in 2018 (Adds detail on Italy, updates prices)By Tom FinnLONDON, Nov 12 (Reuters) - The dollar rallied to a 16-monthhigh on Monday as investors positioned for a Federal Rese...Read More

* Brexit uncertainty hits pound, euro, buoys dollar * MSCI Asia Ex-Japan index down 0.5 pct * U.S. dollar hits new 16-month high * Weak China data, U.S. Fed rate hike expectations weigh * Oil prices surge on Saudi production cut plans(Updates prices, adds charts)By Sujata RaoLONDON, Nov 12 (Reuters) - The dollar surged to nearly17-month highs on Monday against a basket of major currencies asinvest...Read More

GOLD eyes additional price weakness towards 1,200.00 area in the new week. This is coming on the back of its past week losses. On the downside, support comes in at the 1,200.00 level where a break will turn attention to the 1,190.00 level. Further down, a cut through here will open the door for a move lower towards the 1,180.00 level. Below here if seen could trigger further downside pressure targ...Read More

MOSCOW, Nov 12 (Reuters) - Russian gold and silver producerPolymetal has begun construction at its new Nezhdagold mine in eastern Siberia, which will contribute to itsdividends in 2022, it said on Monday.The London-listed firm, part-owned by businessman AlexanderNesis, is starting this new project with pre-production capitalexpenditures estimated at $234 million a few months after itlaunched its K...Read More

Gold fell sharply last week as the Fed reaffirmed policy tightening stance. The demand for gold call options (bullish bets) has dropped sharply in the last six days, adding credence to bearish technical setup. Gold (XAU/USD) is currently trading at $1,210, having dropped close to 2 percent last week. A major chunk of that drop happened on Friday - a day after the Fed reaffirmed its hawkish polic...Read More

PARIS, Nov 12 (Reuters) - Canadian Prime Minister JustinTrudeau said on Monday he had discussed U.S. steel and aluminiumtariffs with President Donald Trump over the weekend and that hehoped to reach a resolution on the matter by the G20 summit inArgentina."I absolutely brought up the issue of steel and aluminiumtariffs," Trudeau told a news conference in Paris on Monday.Trump and Trudeau...Read More

The Gold Shares ETF is struggling below a "death cross," but traders should buy weakness to my monthly and quarterly value levels of $111.60 and $110.26, respectively.The Commodities ETF suffered a correction of 13.7% since setting its 2018 high of $18.81 on Oct. 3.The Long Dollar ETF has been above a "golden cross" since May 31 and is approaching my risky level for November at $26.20.Here are the...Read More

LONDON, Nov 12 (Reuters) - Bank of England Deputy GovernorBen Broadbent said on Monday it looked likely that Britain'seconomy would slow somewhat in the fourth quarter, but that hecontinued to see signs of pay pressure building gradually."The signs are we'll have somewhat weaker growth in thefourth quarter," Broadbent said in an interview with CNBC.Broadbent said the BoE had seen signs o...Read More

Nov 12 (Reuters) - Foreign investors sold Asian equitiesheavily in October on concerns over slowing earnings, higherU.S. interest rates and trade tensions between the United Statesand China.Data from regional stock exchanges showed foreigners sold anet total of $14.54 billion in Taiwan, South Korea, India,Thailand, Philippines, Indonesia, and Vietnam equities in thelast month.The total was the hig...Read More

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index continued its prior rally climbing 20 points higher to 1170, before giving up those gains and more. The Index closed at 1133.74 for a loss of 18.21 points or 1.6%. Though it's worth noting part of the decline can be attributed to the heavy 18% los...Read More

* Two growth initiatives will not deliver 20 mln euro targetrevenue in 2019 * To announce new growth initiative in spring * Euronext planning for a hard Brexit- CEO * Euronext still looking for deals- CEO (Adds CEO comments on financial targets, shares, details)By Noor Zainab Hussain and Huw JonesNov 12 (Reuters) - Euronext's acquisition of theIrish Stock Exchange and a higher number of companies...Read More

JOHANNESBURG, Nov 12 (Reuters) - South Africa's rand wasweaker on Monday, with yield-seeking investors continuing toback the dollar and move out of riskier emerging-market andequity assets dampened by signs of softening demand in China andrate tightening by the Federal Reserve. * At 0650 GMT, the rand was 0.56 percent weaker at14.4000 per dollar, buckling from a two-month best of 13.8700last week,...Read More

Gold is stationary in Asia on Monday as the markets consolidate with a US holiday to get through before key events such as US CPI will hit the slate. Gold has been suffering on higher US rates and the recent Fed comments which have been supporting the upside bias in the dollar.  Gold has been underwater of late, falling from the early November highs at $1,243 and landing al the way down thr...Read More

As the ferro-alloys community prepares to gather in Lisbon for a busy few days of meetings and contract negotiations, Fastmarkets outlines some of the key topics likely to dominate discussions at this year's International Ferro-alloys Conference, on November 11-13.Is the ferro-vanadium mating season nearing completion?What promises to be a busy few days in Lisbon for purveyors of ferro-alloys may...Read More

As the ferro-alloys community prepares to gather in Lisbon for a busy few days of meetings and contract negotiations, Fastmarkets outlines some of the key topics likely to dominate discussions at this year's International Ferro-alloys Conference, on November 11-13.Is the ferro-vanadium mating season nearing completion?What promises to be a busy few days in Lisbon for purveyors of ferro-alloys may...Read More

Prices for steel billet showed mixed trends in the various global trading regions in the week ended Friday November 9, increasing in the CIS, Turkey and Egypt, while falling in Iran and China.The current high level of scrap prices in Turkey led to higher procurement of billet and improved sentiment among steelmakers in the Commonwealth of Independent States.Fastmarkets' daily index for Northern Eu...Read More

European stainless steel market participants were losing confidence that the market will recover early in the New Year, they told Fastmarkets on Friday November 9, with transaction prices falling further this week.Transaction prices for grade-304 cold-rolled (CR) stainless sheets were assessed at ?,?2,150-2,200 ($2,454-2,511) per tonne delivered on Friday, down by ?,?30-60 per tonne from ?,?2,180-...Read More

China's finished steel exports were up by more than 10% year on year in October, but fell when compared with September's volumes, according to preliminary Chinese customs data published on Thursday November 8.The country exported 5.5 million tonnes of finished steel in last month, up 10.4% from the 4.98 million tonnes shipped out in October 2017, according to the customs data. October shipmen...Read More