CHICAGO, July 13 (Reuters) - Bond and note issuance in the U.S. municipal market will total$9.6 billion next week as supply ratchets higher after a slump earlier this month due to the mid-week Fourth of July holiday, according to Thomson Reuters estimates on Friday. Supply of new issues has dropped in the $3.8 trillion market. Issuance of $160 billion worth of municipal debt at 2018's midpoint was...Read More

Copper Trading Call – Buy Copper Aug at CMP 419.80 Add more at price 417 with SL 415 for Target 424 – 426.50 Read More

NEW YORK (Reuters) - An escalation of U.S. trade tariffs would harm the economy’s prospects, according to a Federal Reserve official who is making it his business to raise the alarm with lawmakers and government officials.“What’s going on in the short-run certainly isn’t positive, but for me it isn’t sufficient yet - yet - to materially change my outlook,” Dall...Read More

(Reuters) - Wells Fargo & Co (WFC.N) said on Friday its loan book shrank and it raked in less fee revenue than a year ago, factors that contributed to lower-than-expected quarterly profit and sent its shares lower.The bank said much of the lending decline had to do with moves to avoid riskier loans, but the second-quarter results ignited fears about lingering reputational damage from Wells Far...Read More

WASHINGTON (Reuters) - U.S. Director of National Intelligence Dan Coats warned on Friday of a looming devastating cyber assault on critical U.S. infrastructure, saying nearly two decades after the Sept. 11 attacks the “warning lights are blinking red again.”“Today the digital infrastructure that serves this country is literally under attack,” Coats told a think-tank audienc...Read More

Aluminium Tips – SELL Aluminiuim at CMP 139.25 for Target 138.25 – 137.75 with SL Above price 140.05 Read More

Gold prices fell Friday to their lowest settlement in nearly a year, with the precious metal failing to find safe-haven support from the U.S.-China trade dispute, as the U.S. dollar gained for the week. August gold GCQ8, -0.39% lost $5.40, or 0.4%, to settle at $1,241.20 an ounce, marking the lowest settlement for a most-active contract since July 17, 2017, according to FactSet data. The contract...Read More

Bank earnings were also in focus this weekQuarterly earnings reports began trickling in this week, with several big banks reporting on Friday. Outside of the earnings confessional, the focus remained on global trade, with President Donald Trump threatening additional tariffs on Chinese goods -- which, along with plummeting oil prices, effectively snapped the Dow Jones Industrial Average's (DJI) da...Read More

Financial sector earnings have been in focusBlackRock, Inc. (NYSE:BLK) is in focus alongside other financial stocks this week and next, with the company slated to report its second-quarter earnings Monday morning. BlackRock stock has struggled since its January record peak, and fell below the 200-day moving average late last month -- its first dip below the trendline since March 2017. BLK is up 0....Read More

The put buyer paid roughly $1.13 million for their bearish betIt's been a rough couple months for Chinese stocks, though the Shanghai Composite added 3.1% this week to keep its weekly losing streak at seven -- its longest since late 2011. Nevertheless, one options traders is betting on bigger losses for Beijing's big-cap stocks, targeting iShares China Large-Cap ETF (FXI) put options in today's tr...Read More

One company's drug was labeled a potential competitor to Humira The S&P 500 Index is moving higher today and the Nasdaq just hit a new high. Meanwhile, three healthcare names making big moves are Inflarx NV (NASDAQ: IFRX), Biocept Inc (NASDAQ: BIOC), and Avenue Therapeutics Inc (NASDAQ:ATXI). Below, we'll take a closer look at what's moving shares of IFRX, BIOC, and ATXI. IFRX Gets Another Bull...Read More

NEW YORK (Reuters) - Second-quarter earnings reports from three of the biggest U.S. banks on Friday showed the sector is benefiting from policy changes in Washington that have lowered their taxes, boosted interest rates and allowed them to buy back more stock.Investors were skeptical, worried that underlying businesses were not as strong as they could be and that tough talk from international lead...Read More

(Reuters) - Amazon.com Inc's cloud services business is considering selling its own networking switches to business customers, the Information reported on Friday.Amazon Web Services could price its white-box switches between 70-80 percent less than comparable switches from networking giant Cisco, the report said, citing one of the people with direct knowledge of the cloud unit's plan.Shares of Cis...Read More

Consumer sentiment dropped to a six-month low at the beginning of July.June's early reading was the highest it has been since March, moving opposite of expectations.The report considers consumers' attitudes about economic prospects.Gillian Brassil| @Gillian_Brassil Published 11 Hours AgoUpdated10 Hours AgoCNBC.com Jonathan Alcorn | ReutersShoppers at a Walmart in Los AngelesConsumer sentiment d...Read More

TORONTO - Ontario ratepayers will benefit from $790 million in savings thanks to the Government of Ontario's decision to cancel and wind down 758 renewable energy contracts, Minister of Energy, Northern Development and Mines Greg Rickford announced today."We clearly promised we would cancel these unnecessary and wasteful energy projects as part of our plan to cut hydro rates by 12 per cent for fam...Read More

(Reuters) - The benchmark S&P 500 edged back to five-month highs on Friday as gains in industrials and energy companies more than offset a drop in financials after a mixed bag of quarterly reports from three big Wall Street banks.Industrial stocks, among the worst hit during the trade disputes, gained in the absence of any trade rhetoric overnight. Treasury Secretary Steven Mnuchin said the Un...Read More

(Reuters) - The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE Corp, allowing China’s second-largest telecommunications equipment maker to resume business. The Commerce Department had said it would remove the ban after ZTE paid a $1 billion penalty and placed $400 million in a U.S. bank escrow account as part of a settlement reached last month.&ldqu...Read More

FIRESTEEL RESOURCES INC. (TSXV: FTR) (Read full newsRead More

If past is prologue, the DJI could underperform over the next yearWhile the Dow Jones Industrial Average (DJI) is having a good week, set to topple the 25,000 level for the first time in a month, it will be just the second straight weekly gain for the index. In fact, the Dow hasn't had a four-week win streak since late January, just before the stock market correction -- sending up a signal not see...Read More

Algold Resources Ltd. (TSXV:ALG) announced today that it has entered into low-dilution funding agreements totalling $9.2M (C$12M).Read full newsRead More