Newrange Gold Corp. has been halted at 6:41 a.m. PT on July 10, 2018, at the company's request, pending news.© 2018 Canjex Publishing Ltd. All rights reserved.Read More
Newrange Gold Corp. has been halted at 6:41 a.m. PT on July 10, 2018, at the company's request, pending news.© 2018 Canjex Publishing Ltd. All rights reserved.Read More
CMG stock has added almost 60% in 2018Chipotle Mexican Grill, Inc. (NYSE:CMG) stock is 1.9% lower to trade at $455.10 this morning, after Mizuho downgraded the restaurant name to "underperform" from "neutral," while boosting its price target to $330 from $300. The analyst in coverage believes the company's aggressive recovery is already priced in, but also gave a stamp of approval for new CEO Bri...Read More
LONDON (Reuters) - Britain’s economy picked up a bit of speed in May after slowing in early 2018, according to official figures that are likely to give the Bank of England more confidence about raising interest rates next month.A new monthly reading of gross domestic product showed the world’s fifth-biggest economy grew by 0.3 percent in May from April.That was up from growth of 0.2 pe...Read More
BERLIN, July 10 (Reuters) - The mood among German investors slumped in July to its lowest level since August 2012, a survey showed on Tuesday, weighed down by concerns about escalating trade tensions with the United States.The ZEW research institute said its monthly survey showed economic sentiment among investors fell to -24.7 from -16.1 in June. This compared with the Reuters consensus forecast...Read More
Gold normally correlates negatively to the dollar, the USD/JPY pair, and Treasury interest rates, while correlating positively to TIP.Lately, gold has reversed its correlation with interest rates and TIP.A reversion to the mean should occur when gold resumes its downtrend.Gold normally correlates negatively to the dollar, the USD/JPY FOREX ratio, and interest rates, while correlating positively to...Read More
Lithium exports from Chile, the country's with the largest known reserves of the white metal in the world, jumped in 2017 becoming its fourth largest mining export behind copper, molybdenum and iron ore.Lithium exports hit $684.2 million last year, up 47% from $465 million in 2016.Shipments of the key ingredient for making batteries that power electric vehicles (EVs) and high tech devices, hit $6...Read More
LONDON (Reuters) - World shares hovered near three-week highs on Tuesday, supported by optimism about U.S. company earnings and hopes that global economic growth can withstand trade tensions, although political bickering kept British markets on the backfoot.Wall Street was set for a firmer opening after enjoying its best session in a month on Monday, its gains filtering across Asia, where bourses...Read More
Evercore ISI also said the company shouldn't be affected by political risksAdding its name to the long list of firms that have upgraded Quest Diagnostics Inc (NYSE:DGX) this year, Evercore ISI this morning raised its rating on the healthcare stock to "overweight" from "in line," and set a $121 price target, which represents all-time-high territory. Not only does the analyst in coverage view DGX as...Read More
TOKYO (Reuters) - Takeda Pharmaceutical Co Ltd on Tuesday said it has received U.S. approval for its $62 billion acquisition of London-listed Shire Plc, taking the Japanese firm one step closer to its goal of becoming a global top 10 drugmaker.Takeda in a press release said it received unconditional clearance from the United States Federal Trade Commission.The Tokyo-listed firm is still awaiting a...Read More
LUXEMBOURG (Reuters) - The European Central Bank defended its 2.6 trillion-euro bond-buying program before the European Union’s top court on Tuesday from accusations it was bankrolling governments and endangering taxpayer money.The case, brought by a group of eurosceptic politicians and academics from Germany, aims to stop the ECB’s current stimulus program, which is nearing its end, a...Read More
* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr* British bond yield curve extends flattening bias* Germany, Netherlands kick off supply heavy week* Greece bond outperformer in European bondsBy Saikat ChatterjeeLONDON, July 10 (Reuters) - European bond yields edged higher on Tuesday but investors comfortably absorbed the first batch of fresh debt supplies this week, against a risk support...Read More
PepsiCo got the ball rolling for second-quarter earnings Coming off the blue-chip index's best day in a month, Dow Jones Industrial Average (DJI) futures are pointing to a fourth straight session of gains. While the stock market calendar remains somewhat light, traders at least have a major earnings release to consider in the form of PepsiCo's (PEP) second-quarter results. The Labor Department's J...Read More
WASHINGTON (Reuters) - It may soon become difficult to determine who sits in the hotter seat: U.S. President Donald Trump’s Supreme Court nominee Brett Kavanaugh or Senate Democrats from conservative states who must decide whether they are jeopardizing their political careers by opposing him.Trump, a Republican, named Kavanaugh, a federal appeals court judge from Washington, to the highest c...Read More
LONDON (Reuters) - The Chinese yuan rebounded and the dollar strengthened broadly on Monday as investors bought riskier assets, encouraged by signs that trade tensions have yet to hurt economic momentum.As the second quarter corporate earnings season begins, investors appear to be ignoring the deepening conflict between the United States and China over trade.Instead the focus is on decent economic...Read More
Last week gold popped from the $1,240 level as it looked like the bottoms had been put in. The rally from the lows continued through Monday, trading as high as $1,267. After peaking at 8 a.m. EDT Monday, gold managed to drift lower most of the day, losing most of its gains. This morning gold is down $11 and appears headed back to the $1,240 level and possibly lower. Unfortunately, the metals marke...Read More
Last week gold popped from the $1,240level as it looked like the bottoms had been put in. The rally from the lowscontinued through Monday, trading as high as $1,267. After peaking at 8 a.m. EDTMonday, gold managed to drift lower most of the day, losing most of its gains.This morning gold is down $11 andappears headed back to the $1,240 level and possibly lower. Unfortunately, themetals markets, es...Read More
(Kitco News) - Gold and silver prices aremoderately lower in early U.S. trading Tuesday. The safe-haven metals aresuffering from a perceived lack of geopolitical risks in the marketplace atpresent. A higher U.S. dollar index today is also a negative for the preciousmetals markets. Augustgold futures were last down $8.50 an ounce at $1,251.10.July Comex silver was last down $0.109 at $16.03 an ounc...Read More
Kirkland LakeGold Ltd. (TSX, NYSE: KL; ASX: KLA) lists second-quarter gold output of 164,685ounces, up from 160,305 ounces in the second quarter of 2017 and 147,644 ouncesin the first quarter of this year. The company says the tally exceeded targetlevels due to record quarterly production from Macassa of 60,571 ounces andrecord monthly production in June at Fosterville of 31,710 ounces. The compan...Read More
Kirkland Lake Gold Ltd. (TSX, NYSE: KL; ASX: KLA) lists second-quarter gold output of 164,685 ounces, up from 160,305 ounces in the second quarter of 2017 and 147,644 ounces in the first quarter of this year. The company says the tally exceeded target levels due to record quarterly production from Macassa of 60,571 ounces and record monthly production in June at Fosterville of 31,710 ounces. The c...Read More