Is a "Blue Wave" building?Something strange is happening in America.Millions of Americans are furious - and this time, they're taking their anger out on Republicans.All across America, 45 Republicans have lost elections during Trump's presidency in places they shouldn't have possibly been able to lose... even in districts where Trump won in a landslide and remains popular.In the last few months al...Read More

One name received a bull note, while the other reported impressive drug dataAlliance Global Partners initiated coverage on Auris Medical Holding AG (NASDAQ:EARS) with a "buy" rating and $2.50 price target -- a 431% premium to Friday's closing price of $0.47. The marks the first brokerage firm to initiate coverage on the hearing specialist, with the analyst in coverage waxing optimistic on the comp...Read More

(Reuters) - Apollo Global Management LLC (APO.N) said on Monday that it agreed to buy about $1 billion portfolio of equity investments in energy assets from General Electric’s (GE.N) finance arm GE Capital.The portfolio consists of about 20 investments in renewable energy, contracted natural gas fired generation and midstream energy infrastructure assets, primarily in the United States, the...Read More

   •  Resurgent USD demand prompts some aggressive selling on Monday.   •  Firming Fed rate hike expectations exert additional downward pressure.   •  The prevalent risk-off mood does little to stall the ongoing downfall. Gold came under some renewed selling pressure at the start of a new trading week and dropped to a multi-day low level...Read More

LONDON (Reuters) - European markets fell on Monday as investor confidence took a knock from last week’s spike in Treasury yields and from a Chinese market slump brought on by concern that an escalating trade war with the United States could curb China’s growth.Chinese markets re-opened after a week’s holiday, and stocks recorded their biggest one-day drop since February, with the...Read More

There doesn't seem to be any potential bullish catalysts today, eitherStock futures are trading below fair value this morning, with U.S. markets set to extend last week's weakness. Investors are continuing to monitor expectations for rising interest rates, and stocks in China sold off after the People's Bank of China (PBOC) cut the country's reserve requirement ratio. As such, the Dow Jones Indust...Read More

WBA puts have been more popular than normal latelyThe shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) are pointed 0.6% higher in electronic trading, after RBC upped its price target on the Dow member to $82 from $68. The new price target is an area WBA has not traded at in over a year, and is a 13% premium from Friday's close of $72.51. Later this week, the drug store chain will report fourth...Read More

SPY rallies back to the freshly broken Fed-day closing levels could be met with selling"Amid the current sentiment backdrop and on the heels of last week's monetary policy decision, there would appear to be slightly more risk than reward in the market's short-term status... on the eve of the FOMC's announcement, the SPY closed at $290.75, and on the day of the announcement it closed at $289.88......Read More

Indian gold imports were strong in September, helped bypreviously low prices and the ongoing festival season, says Commerzbank.Analysts cite preliminary data from the Finance Ministry showing that importsmore than doubled year-on-year to 93.8 tonnes after India had imported morethan 90 tonnes of gold in August. “The import dynamism may abate again soon,however, as gold in Indian rupees has b...Read More

Indian gold imports were strong in September, helped by previously low prices and the ongoing festival season, says Commerzbank. Analysts cite preliminary data from the Finance Ministry showing that imports more than doubled year-on-year to 93.8 tonnes after India had imported more than 90 tonnes of gold in August. “The import dynamism may abate again soon, however, as gold in Indian rupees...Read More

BRUSSELS (Reuters) - U.S. software giant Microsoft is set to win unconditional EU antitrust approval for its $7.5 billion purchase of privately held coding website GitHub, two people familiar with the matter said on Monday.Microsoft announced the deal in June, its largest acquisition since it bought LinkedIn for $26 billion in 2016. The GitHub deal is expected to boost the U.S. software giant's cl...Read More

STOCKHOLM (Reuters) - Americans William Nordhaus and Paul Romer, pioneers in adapting economic theory to take better account of environmental issues and technological progress, shared the 2018 Nobel Economics Prize on Monday.In an award that turned the spotlight on the global debate over risks associated with climate change, the Royal Swedish Academy of Sciences said the laureates' work helped ans...Read More

AMSTERDAM (Reuters) - The European Central Bank (ECB) will have to start discussing the timing of an interest rate hike in January and the outcome of that debate is still open, Dutch central bank governor Klaas Knot said on Monday.Knot stood by the ECB’s current guidance that interest rates would remain at their current, record-low level through next summer but said this was only an expectat...Read More

Gold prices are under pressure again and the dollar index is still surging. The reason for this is that traders think that the Fed will continue its interest rate hike cycle. The economic data released last week further strengthened the bullish sentiment for the greenback. The dollar index is pretty much tearing apart any resistance lines in its way. As for today, we do not have any particularly i...Read More

(Kitco News) - Gold andsilver prices are solidly lower in early U.S. trading Monday, and have extendedovernight losses. The safe-haven metals are not getting any benefit from anuptick in risk aversion to start the trading week. Instead, both are beingpressured by a strong U.S. dollar on the foreign exchange market. December goldfutures were last down $12.30 an ounce at $1,193.40. December Comex si...Read More

LONDON (Reuters) - Oil dropped below $83 a barrel on Monday, pressured by expectations that some Iranian oil exports will keep flowing after the U.S. reimposes sanctions, easing a strain on supplies.Two companies in India, a big buyer of Iranian oil, have ordered barrels in November, India’s oil minister said on Monday. The Trump administration is considering waivers on sanctions, a U.S. gov...Read More

LONDON (Reuters) - Iran’s crude exports fell further in the first week of October, according to tanker data and an industry source, taking a major hit from U.S. sanctions and throwing a challenge to other OPEC oil producers as they seek to cover the shortfall.The Islamic Republic exported 1.1 million barrels per day (bpd) of crude in that seven-day period, Refinitiv Eikon data showed. An ind...Read More

BERLIN (Reuters) - Investor morale in the euro zone fell more than expected in October, a survey showed on Monday, as concerns about Italy’s fiscal policies and tighter scrutiny of the car industry’s compliance with emissions rules weighed on sentiment.Sentix’s index for the euro zone fell to 11.4 from 12 points in September. The Reuters consensus forecast was for a dip to 11.7.A...Read More

(Adds FX regulator comment, milestone, background, paragraphs 1-2, 5-13)BEIJING, Oct 7 (Reuters) - China’s foreign exchange reserves fell more than expected in September to a 14-month low as the yuan currency weakened further against the dollar amid mounting trade tension with the United States.Reserves fell $22.69 billion in September to $3.087 trillion, the biggest drop since February, com...Read More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More