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

ROME, Oct 8 (Reuters) - Italy’s Deputy Prime Minister Matteo Salvini said on Monday the government would not cave in to market pressure and backtrack on its plans to increase deficit spending next year.“If one had evil thoughts, he would think there are people betting on the spread because they don’t want Italy to grow and create jobs,” Salvini said, noting the gap between...Read More

LUSAKA (Reuters) - Zambia’s Finance Ministry said on Sunday that it was open to dialogue with mining companies over the government’s plans to increase mining taxes.Africa’s second-largest copper producer said late last month that it would introduce new mining duties and increase royalties to help bring down mounting debt.Large miners such as First Quantum, Glencore and Vedanta Re...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

"Tianqi's US$4.1b SQM deal has been approved by Chile's competition authority, with some conditions ($) | https://t.co/hQZCyCFgwa #lithium #Chile #EV"Read full newsRead More

SINGAPORE, Oct 8 (Reuters) - St. Louis Federal Reserve BankPresident James Bullard said on Monday that any further interestrate hike in United States this year should depend on data, butthat indicators were "looking good". The Fed, which last month raised rates for the third timethis year, foresees another hike in December, and markets arehave largely priced in another increase.Asked abo...Read More

* China eases policy on concerns Sino-U.S. spat could hurtgrowth* Speculators cut net short position in COMEX gold in Oct 2week * SPDR Gold holdings down 4.5 million ounces from April(Recasts, adds quote, updates prices)By Sumita LayekBENGALURU, Oct 8 (Reuters) - Gold fell alongside equitymarkets on Monday partly in response to gains in the dollarwhich is benefiting from a run of strong U.S. econo...Read More

(Repeats to widen distribution) * China blue-chip index falls 4.3 pct, biggest loss sinceFeb 2016 * Yuan has its lowest official close in seven weeks * Market suffers 'acute shortage' of confidence - analyst * China c.bank cut reserve requirements in bid to boostlendingSHANGHAI, Oct 8 (Reuters) - China stocks tumbled on Monday,as investors back from a long holiday dumped shares across theboard des...Read More

* Market worried about downtred in LME aluminium and copperstocks * Aluminium cash to 3-month contango narrows to near zero * GRAPHIC-2018 asset returns: (Adds comment, closing prices)By Pratima DesaiLONDON, Oct 8 (Reuters) - Aluminium prices fell to one-weeklows on Monday as worries about supplies receded after aBrazilian court approved emergency waste measures that couldallow the world's biggest...Read More

The People's Bank of China announced on Sunday it was cutting the reserve requirement ratio for most banks by 100 basis points, which will result in an injection of 750 billion yuan ($109.2 billion) in cash into the banking system.Experts said the move indicates that Chinese authorities are getting nervous about a trade war with the U.S. dragging on."China is a bit nervous. There is so much headwi...Read More

MOSCOW, Oct 8 (Reuters) - The Russian rouble weakened to athree-week low versus the dollar in early trade on Monday,pressured by lower oil prices and a stronger dollar.The currency market in Moscow was thin as the U.S. marketswere closed for Columbus Day.At 0732 GMT, the rouble was 0.5 percent weaker against thedollar at 66.90 , having earlier hit 67.11, thelevel last seen on Sept. 19.Against the...Read More

* 10-year BTP yield hits 4 1/2-year high, 2-yr yield up 25bps * Italian stocks lowest since April 2017, banks tumble * EU raises worries over Italian budget; Rome defiant * ECB's Knot: Timing of ECB rate hike not fixed (Updates prices)By Dhara Ranasinghe and Danilo MasoniLONDON/MILAN, Oct 8 (Reuters) - Italy's borrowing costssoared on Monday, bank stocks tumbled and the euro weakened as awar of wo...Read More

* Spending from wealth fund seen rising 2 pct * Acceleration of GDP set to continue * Government risks defection of key centrist ally * Missed opportunity to cut spending, some economists say (Adds 2020 growth, currency, economists)By Camilla Knudsen and Ole Petter SkonnordOSLO, Oct 8 (Reuters) - Norway's shaky minority governmentplans to further raise cash spending from its sovereign wealthfund n...Read More

(Adds details on forecast, background on mines)Oct 8 (Reuters) - Gold miner Acacia Mining raisedits full-year gold production target on Monday, as third-quarterproduction exceeded its expectations partly boosted by a 24percent jump in output at its North Mara mine in Tanzania.The UK-listed company raised its full-year target to bemarginally higher than 500,000 ounces from an earlier forecastof 435...Read More

China cut the reserve requirement ratio (RRR) for the fourth time in 2018. The monetary policy stimulus is not helping gold, which is currently down 0.5 percent on the day. Gold is losing altitude in Asia, having repeatedly failed to take out the 50-day exponential moving average (EMA) last week. The People's Bank of China (PBOC) said on Sunday that would cut the amount of cash that banks mu...Read More

China eases policy on concerns spat with U.S. could hurt growth.European markets down after China equities sell-off.Published 22 Hours AgoUpdated10 Hours AgoReuters Gold fell more than 1 percent alongside sliding equities on Monday as investors sought refuge in the dollar, which has been boosted by a run of strong U.S. economic data reinforcing expectations of further interest rate rises.Spot gold...Read More

By Peter HobsonLONDON, Oct 8 (Reuters) - Palladium is outshiningother major precious metals, more than doubling in value sinceearly 2016 to leave prices of sister metal platinum inthe shade and put parity with gold firmly in sight.Tight supplies, large deficits and resurgent interest fromspeculative investors are expected to keep palladium near recordhighs after prices soared nearly 30 percent in...Read More

The Denver Post published an article last week titled, "Major cold front slams Denver housing market in September" (note, weather-wise, September was one of the warmest and driest in many years). Single-family home sales in September plunged 30.5% from August and 21.7% from September 2017. Condo sales fell off a cliff, dropping 43% from August and 17.3% from August 2017. Normally inventory drops s...Read More

Steel billet prices continued to drop in most regions amid sluggish demand and currency volatility in Turkey....Read More

Steel billet prices continued to drop in most regions amid sluggish demand and currency volatility in Turkey....Read More