China's ferrous futures increased in the morning trading session on Thursday October 11.Futures closing prices - morning session Shanghai Futures Exchange January rebar: 4,026 yuan ($581) per tonne, up 54 yuan per tonneJanuary hot-rolled coil: 3,884yuan per tonne, up 37 yuan per tonneDalian Commodity Exchange January iron ore: 513 yuan per tonne, up 7 yuan per tonneJanuary coking coal: 1,364 yuan...Read More
China's domestic rebar prices were flat on Thursday October 11, with demand remaining tepid.Domestic Eastern China (Shanghai): 4,540-4,580 yuan ($656-661) per tonne, unchangedNorthern China (Beijing): 4,340-4,370 yuan per tonne, unchangedBillet prices were flat and futures increased a mere 1 yuan per tonne, causing spot market traders to maintain their prices.Trading activity remain...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Thursday October 11.Base metals prices on the Shanghai Futures Exchange were mostly lower during Asian morning trading on Thursday October 11 amid concerns over the global macro-economic environment and dollar strength.Check Fastmarket MB's live futures report here. The price of silicon...Read More
Import prices for stainless steel in East Asia remained relatively steady over the past week amid sluggish trading as a result of China's National Day holiday, while participants observed Chinese offers edging up and Taiwanese offers on a downtrend.Fastmarkets MB's assessment of import prices for benchmark 304 stainless 2mm trimmed cold-rolled coil was $2,100-2,160 per tonne cif East Asian ports f...Read More
China's domestic stainless steel prices rose in the first three days of this week following higher nickel prices. Fastmarkets MB's assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 15,800-16,100 yuan ($2,282-2,325) per tonne including VAT for the week ended Wednesday October 10, up 200 yuan per...Read More
Key data from the Wednesday October 10 pricing session in Asia.Key drivers: - Cheaper offers from the Middle East and Russia pushed Chinese exporters to lower their prices. - Japanese buyers lowered their purchasing prices as they can get cheaper material from other...Read More
she's enjoying to play @kevins library??~?Read More
Gold has been quite a show overnight, rallying from the pivot on broad dollar weakness and in a sigh of relief from market participants on the back of the US PI data coming in below market expectations. Gold is currently resting up at $1,224.37 highs having travelled throughout the week so far from the depths of this weeks business down at $1,182. Headline CPI rose only slightly by 0.1% (0...Read More
NUSA DUA, Indonesia, Oct 12 (Reuters) - A seniorInternational Monetary Fund official said on Friday it was "tooearly" to talk about normalising monetary policy in Japan, as itwill take a long time to achieve the Bank of Japan's 2 percentinflation target"Do you think it's time for the Bank of Japan to exit easypolicy? The short answer is no," Odd Per Brekk, deputy directorof the...Read More
"The price of gold fell almost 5 percent in the third quarter, dipping below the US$1,200-per-ounce mark in mid-August, where it would stay for the majority of Q3. https://t.co/7GDXmHSK9v #Investing #Resource #Gold"Read full newsRead More
"Not sure whats happening with marijuana and the US Border? Check out the official Statement here : https://t.co/wqXmK2hI2H (It was updated two days ago)#marijuana #cannabislaws #canadianmarijuana #potstocks"Read full newsRead More
SYDNEY, Oct 12 (Reuters) - Australia's central bank on Friday laid out a laundry list of economic risks including falling home prices, high household debt, wide scale misconduct by banks and strains in global financial markets.In its 90-page Financial Stability Review, the Reserve Bank of Australia (RBA) emphasised the economy overall was improving but highlighted the threat from a housing slowdow...Read More
CloseGain/LossGold $1222.70+$29.60Silver$14.55+$0.25XAU69.97+6.80%HUI154.20+7.40%GDM550.29+6.40%JSE Gold1155.96+107.41USD95.02-0.52Euro115.98+0.75Yen89.21+0.27Oil$70.97-$2.2010-Year3.144%-0.050T-Bond138.71875+1.46875Dow25052.83-2.13%Nasdaq7329.06-1.25%S&P2728.37-2.06% The Metals: Gold held near unchanged for most of the day in Asia, but it then began a steady advance in London, accelerated...Read More
- Gold gains 2.5% as stock markets fall globally- EuroStoxx -2%, FTSE -1.9%, Nikkei -4%, Shanghai -5.3%- Gold, silver outperform all assets in stock market rout- Trump accuses Fed of going "crazy" by continuing to raise rates- Huge spike in VIX and volatility on deepening concerns of market correction or crash1 Day Relative Performance (Finviz)Gold has gained 2.5% today on safe-haven demand as...Read More
- Gold gains 2.5% as stock markets fall globally- EuroStoxx -2%, FTSE -1.9%, Nikkei -4%, Shanghai -5.3%- Gold, silver outperform all assets in stock market rout- Trump accuses Fed of going "crazy" by continuing to raise rates- Huge spike in VIX and volatility on deepening concerns of market correction or crash1 Day Relative Performance (Finviz)Gold has gained 2.5% today on safe-haven demand as...Read More
"Arctic Star Exploration Corp. Stakes 8 New Claims at Diagras Property -- #ArcticStar $ADD $ADD.CA $ADD.V #Timantti @ArcticStarExpl #Finland #Diamond #Mining --Read the News Release here: https://t.co/DwjtFXEETL"Read full newsRead More
"Montr?(C)al accueillera un sommet sur l'intelligence artificielle -- #ADK $ADK #Diagnos @DiagnosInc #AI #eyehealth #Diabetes #Retina #CHUM #artificialintelligence #health #medicalAI $IBM $GOOG -- Lisez l'article ici: https://t.co/GPOuMmr9so"Read full newsRead More
"HAWKEYE Acquires an Additional 1,360 Hectares Contiguous to the McBride Property in the BC Golden Triangle @GoldHawkeye https://t.co/6waYZY0oxH"Read full newsRead More
Over the last few days, we have seen market sentiment shift from an overall bullish demeanor in regard to U.S. equities to a bearish outlook. The Dow Jones Industrial Average has now lost over 5% in trading since Wednesday, with a net decline of over 1,300 points in just two days of trading. Following yesterday????s decline of over 800 points in the Dow, today traders continued their liquidation s...Read More