The world's lithium battery-making capacity will more than triple from 175 gigawatt hours to 630GwH by 2022 says a top expert. Gigawatts are a measure of energy output - one gigawatt hour is the equivalent of generating 1 billion watts for one hour. "That's not a forecast from us," Bloomberg New Energy Finance analyst Logan ...Read full newsRead More

TORONTO, Oct 9 (Reuters) - Canadian housing starts fell in September compared with the previous month as multiple urban starts tumbled 8.9 percent, offsetting a 2 percent rise in single-detached urban starts, data from the national housing agency showed on Tuesday.The seasonally adjusted annualized rate of housing starts fell to 188,683 units from a revised 198,843 units in August, the Canadian Mo...Read More

PZZA has been a long-term underperformer on the chartsControversial pizza chain Papa John's International, Inc. (NASDAQ:PZZA) is back in headlines this morning,this time because of takeover rumors. A report from the Wall Street Journal (subscription required) said that Nelson Peltz's Trian Fund Management -- which owns a 13% stake in fast food chain Wendy's (WEN) -- is evaluating a bid for the co...Read More

MILAN (Reuters) - European shares stayed at 6-month lows on Tuesday as concerns over a likely clash in Europe over Italy’s budget plans and a worsening outlook for global growth kept sentiment fragile.The pan-European STOXX 600 index fell 0.1 percent to its lowest level since April before turning flat by 0855 GMT, while Germany's DAX .GDAXI and the UK's FTSE 100 .FTSE were also little ch...Read More

AHMEDABAD/MUMBAI (Reuters) - Mukesh Patel’s factory making decorative lights sits eerily silent during what should be one of its busiest times of the year.Work at the plant in Ahmedabad, the largest city in India’s western state of Gujarat, has come to a standstill just ahead of India’s crucial festival shopping season as dozens of his workers have fled the state.Their departure...Read More

NEW YORK (Reuters) - The recent jump in U.S. bond yields suggests there is uncertainty among investors over future economic growth prospects, Federal Reserve Bank of Dallas President Robert Kaplan said on Tuesday.The 10-year Treasury yield, which reached a fresh multi-year high on Tuesday, is “telling me that prospects for future U.S. growth are somewhat sluggish (and) that outward growth is...Read More

A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More

Where to look in tech as FAANG stocks get hammeredI stopped by CNBC's Closing Bell this past Monday, Oct. 8, to discuss the sell-off in tech stocks amid rising bond yields. While the action in FAANG stocks has been ugly, there are still some appealing opportunities in tech beyond the "acronym sector."To watch the segment, click on the video player below. And to stay up to date with our current sto...Read More

SNAP hit an all-time low just yesterdayThe shares of Snap Inc (NYSE:SNAP) are down 1.7% in electronic trading, after Moffett Nathanson trimmed its price target on the Snapchat parent to $6.50 from $8.00. The analyst in coverage cautioned on the company's core operations, saying it was "quickly running out of money." The brokerage firm also called for substantial expense reductions next year to ens...Read More

Oct 9 (Reuters) - Futures for Canada's main stock index dipped on Tuesday, tracking world markets, as investors fretted over a weakening outlook for global economic growth.The International Monetary Fund cut its global economic growth forecasts for 2018 and 2019, saying the U.S.-China trade war was taking a toll and emerging markets were struggling with tighter liquidity and capital outflows.Decem...Read More

The 10-year Treasury yield is at seven-year highsIt's shaping up to be another risk-off session on Wall Street, as rising bond yields continue to put pressure on stocks. The yield on the 10-year Treasury note has edged up to a seven-year high, sending stock futures sharply lower. The Dow Jones Industrial Average (DJIA) is eyeing a nearly 70-point pullback, while the S&P 500 Index (SPX) and Nasdaq-...Read More

BEIJING (Reuters) - China must take strong stimulus measures to support growth, with the country in a “critical” period of stabilizing its economy, according to a commentary in the Global Times, a state-backed Chinese tabloid.Chilling global markets on Monday, Chinese shares .CSI300.SSEC slumped and the yuan CNY=CFXS fell despite Beijing saying it would slash the amount of cash tha...Read More

Shares in Canadian precious miner Pretium Resources (TSX, NYSE:PVG) fell more than eight percent Tuesday in both Toronto and New York despite it announcing increased gold production at its Brucejack gold mine, located in the Canadian western province of British Columbia.The Vancouver-based company said output at the gold mine climbed 13 percent in the third quarter of the year to 92,641 ounces, co...Read More

Gold is steady in the early going despite more U.S. dollar strength, says George Gero,managing director with RBC Wealth Management. Nevertheless, he adds,rising interest rates and U.S. dollar strength have capped the metal’s rally. “Sellers have appeared from emerging markets and Chinaas dollar needs increased,” Gero says. However, “buyers in euro zone, Italy,Greece, South...Read More

Shares in Canadian precious miner Pretium Resources (TSX, NYSE:PVG) fell more than eight percent Tuesday in both Toronto and New York despite it announcing increased gold production at its Brucejack gold mine, located in the Canadian western province of British Columbia.The Vancouver-based company said output at the gold mine climbed 13 percent in the third quarter of the year to 92,641 ounces, co...Read More

Shares in Canadian precious miner Pretium Resources (TSX, NYSE:PVG) fell more than eight percent Tuesday in both Toronto and New York despite it announcing increased gold production at its Brucejack gold mine, located in the Canadian western province of British Columbia.The Vancouver-based company said output at the gold mine climbed 13 percent in the third quarter of the year to 92,641 ounces, co...Read More

Gold is steady in the early going despite more U.S. dollar strength, says George Gero, managing director with RBC Wealth Management. Nevertheless, he adds, rising interest rates and U.S. dollar strength have capped the metal’s rally. “Sellers have appeared from emerging markets and China as dollar needs increased,” Gero says. However, “buyers in euro zone, Italy, Greece, So...Read More

Shares in Canadian precious miner Pretium Resources (TSX, NYSE:PVG) fell more than eight percent Tuesday in both Toronto and New York despite it announcing increased gold production at its Brucejack gold mine, located in the Canadian western province of British Columbia.The Vancouver-based company said output at the gold mine climbed 13 percent in the third quarter of the year to 92,641 ounces, co...Read More

NEW YORK (Reuters) - U.S. President Donald Trump will seek to lift a federal ban on summer sales of higher-ethanol blends of gasoline on Tuesday, a senior White House official said, delivering on a move long-sought by anxious Midwest farmers ahead of November's elections.The move will be coupled with restrictions on biofuel credit trading sought by merchant refiners like Valero Energy Corp and PBF...Read More

Royal Gold, Inc. (NASDAQ: RGLD) reports the sale of approximately 57,000 gold-equivalent ounces in its fiscal first quarter that ended on Sept. 30. This consisted of some 48,000 gold ounces, 572,000 silver ounces and 380 tonnes of copper from streaming agreements. This is lower than in the prior quarter due to a temporary shutdown of operations at Centerra Gold’s Mount Milligan gold and...Read More