Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose Thursday after tumbling the previous session and ending a four-day winning streak.The Consumer Price Index gained 0.1% in June, and CPI for the last 12 months rose 2.9%, a six-year high.Broadcom Inc. (AVGO) fell 14% after it reached an agreement to acquire software company CA Technol...Read More
The Thursday Market Minute Global stocks steady, dollar rallies, as investors return to Asia risk markets.China's central bank fixes yuan at lowest level since August 2017.Oil recovers after worst single-day session in more than two years, but demand questions remain amid trade war concerns.European stocks post modest gains as euro weakens; Sky shares surge after improved bid from Comcast amid b...Read More
The latest news and price moves to start the Asian day on Friday July 13.With the exception of aluminium, base metals prices on the London Metal Exchange staged a modest recovery at the close of trading on Thursday July 12, led by a 2.2% surge in nickel prices, while the market continues to adjust to the escalating trade rift between the United States and China. Read more in our live futures...Read More
* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh* China shares recover 2 percent, European shares up 0.7 pct* Dollar hits 6 month high vs yen, euro holds ground* Bund-Treasury spread growing, ECB signals careful steps* Oil prices stabilise after biggest fall in over 2 years* Traders on high alert for trade war moves* Wall Street seen opening high, Trump cheers NATO dealBy Marc JonesLONDO...Read More
(Adds company news and futures)July 12 (Reuters) - Britain's FTSE 100 .FTSE index is to open 26 points higher at 7,618 on Thursday, according to financial bookmakers, with futures FFIc1 up 0.28 percent ahead of the cash market open.* PREMIER OIL: Premier Oil 's PMO.L board has approved its Tolmount gas project in the UK North Sea ahead of a final investment decision in the third quarter and the c...Read More
July 12 (Reuters) - Britain's FTSE 100 .FTSE index is to open 26 points higher at 7,618 on Thursday, according to financial bookmakers.* SKY: Comcast Corp CMCSA.O on Wednesday raised its offer for Britain's Sky SKYB.L in a deal valuing the pay-TV group at $34 billion, challenging a raised bid from Twenty-First Century Fox FOXA.O . BHP BILLITON: BHP Billiton Plc BLT.L , BHP.AX handed in a proposal...Read More
* MSCI Asia-Pacific index gains 0.6 pct, Nikkei bounces 1.3 pct* Spreadbetters see European stocks opening higher* Asian markets consolidate after previous day's big tumble* Dollar stands tall amid trade fears, hits 6-mth high vs yen* Copper pulls up from 1-year low, crude also reboundsBy Shinichi SaoshiroTOKYO, July 12 (Reuters) - Stocks and commodities recovered slightly on Thursday as markets t...Read More
* MSCI Asia-Pacific index gains 0.05 pct, Nikkei bounces 1.1 pct* Asian markets consolidate after previous day's big tumble* Dollar stands tall amid trade fears, hits 6-mth high vs yen* Oil, copper rebound modestlyBy Shinichi SaoshiroTOKYO, July 12 (Reuters) - Stocks and commodities recovered slightly on Thursday as markets tried to consolidate from the previous session's steep losses when fears o...Read More
The latest news and price moves to start the Asian day on Friday July 13.With the exception of aluminium, base metals prices on the London Metal Exchange staged a modest recovery at the close of trading on Thursday July 12, led by a 2.2% surge in nickel prices, while the market continues to adjust to the escalating trade rift between the United States and China. Read more in our live futures...Read More
If you've been following the news from across the pond, you'll be aware that the U.S. is angling for a hard Brexit. But why? First of all, any U.S./U.K. deal following a soft Brexit would be tantamount to the U.S dealing with the E.U. On the flip-side, a hard Brexit would allow the U.K to seek more lucrative deals with non-E.U. partners, including the U.S.But what exactly is a hard Brexit, and wha...Read More
Look, I'm not the biggest fan of gold stocks.Their movement is largely tied to the price of gold, which makes them speculative bets in my book. For my long-term holdings, I much prefer "cash cows" with clear competitive advantages that aren't so leveraged to volatile commodity prices.But that doesn't mean I don't love a smart (and small) gold bet once in a while - particularly in my TFSA account....Read More
Lithium prices have been rising steadily over the last two years, as commentators have been catching on to the idea that electric vehicles (EVs) may finally start edging out gas-fueled standard vehicles. Eyeing a sea change in the auto industry, investors have begun looking to lithium and cobalt for exposure to a potentially explosive market and a tech boom hungry for component materials.However,...Read More
Unit 5 of the Yangjiang nuclear power plant in China's Guangdong province has completed commissioning tests and now meets the conditions for entering commercial operation, China General Nuclear (CGN) announced yesterday. The unit is the first ACPR1000 reactor to be built and the first Chinese unit to feature a domestically-developed digital control system.The control room of Yangjiang unit 5 (Ima...Read More
Copper concentrate treatment and refining charges (TCs/RCs) rose to ten-month highs in mid-July when miners began to sell tonnages at higher prices and smelters consolidated their purchasing with terms around $90 per tonne/$0.09 per lb.The Metal Bulletin copper concentrates index jumped by $6.30/$0.63 to $86.10/$0.861, the highest level since October 2017.The volume of tonnages traded has reduced...Read More
? koda JS of the Czech Republic will manufacture and supply two sets of EPR reactor pressure vessel internals for the Hinkley Point C nuclear power plant project in the UK under a contract signed with France's Framatome. The contract - the value of which was not disclosed - includes the core basket, heavy reflector and the upper internals.The core basket is a welded and machined stainless steel st...Read More
An overview of the battery raw materials markets and their price moves from the past week....Read More
Nickel prices on the London Metal Exchange once again fell below $14,000 per tonne at the close of trading on Friday July 13, with broad gains across the complex capped by the ongoing trade dispute between the US and China. The metal's three-month price continues to exhibit volatile price shifts, exemplified in today's intraday trading range of $390 per tonne. "Broad-based weakness in the bas...Read More
An overview of the battery raw materials markets and their price moves from the past week....Read More
William Shakespeare at his creative pinnacle could not have written this screenplay:The first time I watched this I thought it was a joke - product of National Lampoon.Then the reality of it hit me like a ton of bricks. Is this really a productive use of Congressional time? The entire U.S. system is hurling toward a debt-induced financial and economic apocalypse. At the same time the Deep State, u...Read More