Howard SchneiderWASHINGTON (Reuters) - Federal Reserve Chairman Jerome Powell takes his upbeat view of the U.S. economy to Capitol Hill on Tuesday, with markets and many of Powell’s colleagues expecting two more interest rate increases this year amid a continued economic expansion.The Fed chair’s semiannual congressional testimony on monetary policy rarely breaks new ground, typically...Read More

Jeff Mason, Denis PinchukHELSINKI (Reuters) - U.S. President Donald Trump said after meeting Vladimir Putin on Monday he saw no reason to believe his own intelligence agencies rather than trust the Kremlin leader on the question of whether Russia interfered to help him win the 2016 election.On a day when he faced pressure from critics, allied countries and even his own staff to take a tough line,...Read More

Richard Cowan, Amanda BeckerWASHINGTON (Reuters) - U.S. lawmakers from both parties on Monday criticized President Donald Trump for failing to issue a stern warning to Russian President Vladimir Putin about meddling in American elections, calling Trump’s message to Putin weak and a missed opportunity.Reaction on Capitol Hill was highly critical of Trump’s performance in a joint news co...Read More

AMD's recent pullback was contained by its 30-day moving averageFew (if any) chip stocks have had as strong a summer as Advanced Micro Devices, Inc. (NASDAQ:AMD). At last check, AMD was up 2.3% to trade at $16.82, and has almost doubled since its April 4 lows of $9.04. Amidst this hot streak, options traders have been piling on. In fact, the stock popped up on Schaeffer's Senior Quantitative Ana...Read More

The energy companies are expected to report earnings next weekEnergy stocks are getting hammered today, as oil prices continue to slide. However, Halliburton Company (NYSE:HAL) and Hess Corp. (NYSE:HES) could present an opportunity for short-term option buyers. Both stocks tend to exceed options traders' volatility expectations, and their near-term options remain attractively priced, even with ear...Read More

TODAY LME STOCK REPORT : 16/07/2018Aluminium : +11000 MTCopper : – 1525 MTLead : – 560 MTNickel : – 126 MTTin : – 25 MTZinc : – 1775 MT  Read More

TGOD's New CEO to Take Organic Cannabis to a New Level TGOD's new CEO Brian New Athaide Stockhouse Cannabis columnist Marc Davis recently caught up the new CEO of The Green Organic Dutchman, Brian Athaide, for this exclusive interview. The company's stock is listed on the TSX under the symb...Read full newsRead More

Zinc Hold Carry Call – BUY Zinc Jul at CMP 172.20 Add more at price 171.20 with SL 170.50 for Target 173.80 – 175 Read More

Short sellers had been eyeing the group long before today U.S. stocks are sluggish today, as lower oil prices weigh on the major indexes. One group in particular that's under pressure is gene editing stocks, following another concerning study on CRISP/Cas9. As such, CRISPR Therapeutics AG (NASDAQ:CRSP), Intellia Therapeutics Inc (NASDAQ:NTLA), and Editas Medicine Inc (NASDAQ:EDIT) are all lower....Read More

NEW YORK (Reuters) - Oil prices slumped about $3 on Monday, with Brent reaching a three-month low, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers.Brent crude LCOc1 futures fell $3.06 to $72.27 a barrel, a 4.1 percent loss by 1:04 p.m. EDT (1704 GMT), while U.S. West Texas Intermediate (WTI) crude CLc1 futures fell $2.87 to $68.14 a barrel, a 4 pe...Read More

(Reuters) - The narrowing gap between yields on long-term and short-term Treasury bonds has helped convince at least one U.S. central banker the Federal Reserve should stop raising interest rates until and unless inflation or growth picks up.Minneapolis Federal Reserve Bank President Neel Kashkari, who does not vote this year on Fed policy but takes part in the U.S. central bank’s regular di...Read More

(Reuters) - The narrowing gap between yields on long-term and short-term Treasury bonds has helped convince at least one U.S. central banker the Federal Reserve should stop raising interest rates until and unless inflation or growth picks up.Minneapolis Federal Reserve Bank President Neel Kashkari, who does not vote this year on Fed policy but takes part in the U.S. central bank’s regular di...Read More

The Trump administration is reportedly considering tapping crude reservesOil is plummeting today on speculation the Trump administration is considering tapping reserve crude supplies in an attempt to ease rising gas prices. Energy stocks are feeling the heat, too, with Marathon Oil Corporation (NYSE:MRO) one of the many names to be selling off -- down 6.5% to trade at $20.15 -- and options traders...Read More

May's rise in inventories, which are a key component of gross domestic product, was in line with economists' expectations.Business inventories rose 0.4 percent in May.Business sales jumped 1.4 percent in May, the biggest gain since September 2017, after increasing 0.6 percent in April.Published 11 Hours AgoReuters Daniel Acker | Bloomberg | Getty ImagesMonsanto DeKalb brand seed corn at the Cro...Read More

FARNBOROUGH (Reuters) - The U.S. State Department is negotiating a potential deal to sell Turkey the Raytheon Co Patriot missile defense system as an alternative to the Russian-made S-400 system Turkey has agreed to purchase, an official said on Monday.U.S. Ambassador Kaidanow, the Acting Assistant Secretary of State for Political-Military Affairs, told reporters that a delegation of U.S. governme...Read More

WASHINGTON (Reuters) - U.S. House Speaker Paul Ryan, following President Donald Trump’s remarks on Russia on Monday, said there was “no question” that Moscow interfered in the U.S. 2016 election and that Trump “must appreciate that Russia is not our ally.”“There is no moral equivalence between the United States and Russia, which remains hostile to our most basic...Read More

(Reuters) - Credit Suisse (CSGN.S) has hired Citigroup’s (C.N) Mathieu Salas to head its coverage of financial technology clients, according to an internal memo, the contents of which were confirmed by a spokeswoman for the European bank.The hiring of Salas, who will re-join Credit Suisse later in 2018 after starting his career at the bank, is aimed at strengthening and expanding the firm&rs...Read More

www.mining-journal.com - Independent Information for AgricultureRead full newsRead More

(Kitco News)- Despite the looming threat of a globaltrade war, financial markets have been relatively calm; with this background,coupled with a stronger U.S. dollar, it is not surprising that gold prices dropped 6% in the second quarter, according to the world’s largest bank as itlowers its gold outlook for 2018.However, despite gold’s lacklusterperformance in the first half of the yea...Read More

NEW YORK (Reuters) - The dollar fell on Monday after posting its largest weekly gain in a month last Friday, as investors pared back their long bets on the greenback and rebalanced their positions ahead of Federal Reserve Chairman Jerome Powell’s first congressional testimony.Investors are awaiting Powell’s semiannual testimony on the economy and monetary policy before the U.S. Senate...Read More