* Sentiment reading rises far more than expected * Possible Brexit delay, progress on U.S.-Sino trade talkshelp * But ZEW still sees weak German growth in H1 * Germany narrowly avoided recession in late 2018 (Adds background)BERLIN, March 19 (Reuters) - The mood among German investorsimproved by much more than expected in March, a survey by theZEW research institute showed on Tuesday, as a potenti...Read More
* FTSE 100 stretches winning streak to seven sessions * FTSE 250 up 0.3 pct * Oil, miners boost main index * Ocado shrugs off Andover fire to hit life high * Antofagasta rises on higher-than-expected dividend payout (Adds news items, updates to closing prices)By Shashwat Awasthi and Yadarisa ShabongMarch 19 (Reuters) - Britain's FTSE 100 extended its winningstreak to seven sessions on Tuesday as m...Read More
Palladium prices were driven further into uncharted territory on Tuesday, briefly topping the $1,600 per ounce level on the back of an expected spike in demand from the auto sector just as top producer Russia considers banning scrap exports.The precious metal is trading more than 70% higher than this time last year.Reuters reports Russia is mulling a ban on the export of precious metals scrap and...Read More
"Those Who Purchased Crater Gold Mining (ASX:CGN) Shares Three Years Ago Have A 84% Loss To Show For It https://t.co/ukRr9WwODk"Read full newsRead More
Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More
When it comes to the potential for stock market gains for the rest of the year, is the glass half full or half empty? We tackle the issue in this week's Canadian Insider Insights newsletter. We suggest that the optimists may have one important factor going their way.To get our take on what that might be, click here to read the latest edition of our weekly newsletter for free. It is even better th...Read More
Brendan Blumer believes that Bitcoin will become a primary store of value in 20 years. BTC/USD recovery is capped by $4,000. The first digital currency will replace gold as a store of value of choice in 20 years, according to EOS COE and co-founder Brendan Blumer. He is sure that transaction fees will inevitably grow after the last Bitcoin is mined; however, various scalability solutions, like L...Read More
"$CHMI - Cherry Hill Mortgage Investment Corporation (CHMI) CEO Jay Lown on Q4 2018 Results - Earnings Call Transcript https://t.co/GaQolbIhjB"Read full newsRead More
"Those Who Purchased Crater Gold Mining (ASX:CGN) Shares Three Years Ago Have A 84% Loss To Show For It https://t.co/G6VAbSDrIk"Read full newsRead More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended higher Monday. A decline in shares of Boeing (BA) and a report saying that U.S.-China trade talks may be pushed back to June limited gains. Shares of Overstock (OSTK) tumbled after the discount e-tailer missed fourth-quarter expectations. Shares fell 5.3%. Lumber Liquidators (L...Read More
Aluminium on the London Metal Exchange was higher at the close of trading on Monday March 18, having peaked at its highest since February 6.The three-month aluminium price ended at $1,920.50 per tonne, up $23.50 from the pre-weekend close.For much of March, the three-month price held below resistance at $1,900 per tonne. It hit a two-month low of $1,845 per tonne on March 11. Around 45% of LME alu...Read More
Treatment and refining charges (TC/RCs) for spot copper concentrates dropped sharply in early March with Chinese smelters entering the market in earnest for units, while a lack of supply from blockaded Las Bambas mine has also prompted spot buying. The Fastmarkets TC/RC index for spot copper concentrates dropped by $5.3 per tonne / 0.53 cents per lb on March 15 to $69/6.9 cents, the lowest si...Read More
Revenue garnered from the United States' Section 232 tariffs - in place for almost a year - stood at $4.3 billion for steel and $1.4 billion for aluminium as of Thursday February 21, 2019, according to data from US Customs and Border Protection.While the blanket 25% steel tariffs imposed by US President Donald Trump's administration has helped US steel mills to reap record profits, restart id...Read More
Here are five Fastmarkets MB stories you might have missed on Monday March 18 that are worth another look.Bulk alloy suppliers are reporting increased prompt demand from British consumers amid concerns about potential supply disruptions when the United Kingdom leaves the European Union. A preliminary decision from a court in Brazil's Itabira city, in the country's southeastern Minas Gerais st...Read More
The expectation for higher tender prices for chrome ore in April supported the prices for ore in China and for alloy in Japan and South Korea, Fastmarkets heard on Monday March 18. UG2 and Turkish lumpy ore prices rise Domestic alloy price climbs in China Alloy prices in Europe, Japan, South Korea increase Imported alloy prices stable in US, China.Prices for chrome ore imported into China and in C...Read More
Treatment and refining charges (TC/RCs) for spot copper concentrates dropped sharply in early March with Chinese smelters entering the market in earnest for units, while a lack of supply from blockaded Las Bambas mine has also prompted spot buying. The Fastmarkets TC/RC index for spot copper concentrates dropped by $5.3 per tonne / 0.53 cents per lb on March 15 to $69/6.9 cents, the lowest si...Read More
Key data from the pricing sessions in London and Shanghai on Friday March 15.China- The Chinese grade 553 silicon export price rose to $1,560-1,620 per tonne on March 15 from $1,550-1,610 per tonne on March 8, reflecting a resumption in demand- The grade 553 silicon price has been underpinned by improved buying interest from Southeast Asian traders and buyers, while market participants also noted...Read More
The Chinese antimony price downtrend entered its third consecutive week amid persistently thin buying interest from the country's downstream market in the latest assessment period ended Wednesday March 13. Fastmarkets assessed the price of MMTA standard-grade II antimony, delivered duty-paid in China, at 46,000-46,500 yuan ($6,844-6,918) per tonne on Wednesday, down by 2.6% from 47,000-48,000 yuan...Read More
German steelmakers have settled their monthly scrap contracts for March at largely stable prices, sources told Fastmarkets on Monday March 18.Fastmarkets' monthly price assessment for domestic grade-E3 scrap in Germany was ?,?265-285 ($300-323) per tonne delivered on March 15, unchanged over the month. The assessment represented deals heard in the market.Although the price range remained stable, s...Read More
The Turkish deep-sea scrap import markets went quiet at the beginning of the week, with mills expecting to hear lower offer prices, sources said on Monday March 18.Most of the offers in the market were around $330 per tonne cfr for United States-origin HMS 1&2 (80:20), while mills were looking for $315-320 per tonne, sources said.The expectation for lower prices was a consequence of the strength o...Read More