The software name's pullback could be overOnline security name Okta Inc (NASDAQ: OKTA) was red-hot earlier this month, but has recently cooled down. And although OKTA is currently down 5.2% to trade at $49.37,the stock's pullback could be a prime buying opportunity, if history is any guide. OKTA stock has now given back 12% in June, and is on track to post its worst month since December. Despit...Read More

BEIJING (Reuters) - China told France on Monday it would buy more of its farm produce, hinted at future Airbus purchases and pledged to work on market access, shoring up its trade ties with Europe amid the increasing danger of a tariff war with the United States.Chinese Premier Li Keqiang told French Prime Minister Edouard Philippe that Beijing was planning to buy more planes this year and was rea...Read More

It's already been a strong gainer in 2018Chinese stocks continue to land under the microscope in light of the U.S.-China trade spat. For example, Hong Kong-based containership specialist Seaspan Corp (NYSE:SSW) is sliding today -- though the sell-off may be short-lived. Below we will examine how SSW has been faring on the charts, as well as why now may be an affordable time to bet on the stock's n...Read More

WASHINGTON (Reuters) - The U.S. government still has 2,053 children in its custody who were separated from their parents under President Donald Trump’s “zero tolerance” immigration policy and officials said there was a “well coordinated” process for reuniting families.The Department of Homeland Security issued a fact sheet late on Saturday in the face of criticism fro...Read More

Stocks are in free fallStocks are extending their morning losses, with the Dow Jones Industrial Average (DJI) trading about 300 points below breakeven. The price action is even worse for the Nasdaq Composite (IXIC), which is on track for its worst day since April 6, due to sharp losses out of the tech sector. Investors are taking a risk-off approach following the latest trade warnings from Preside...Read More

The Indian government has mandated all State-owned mineral-based companies to pool their resources to acquire lithium and cobalt assets overseas.A rough deadline of March 2019 has been set for these companies to complete all formalities, such as leveraging their balance sheets jointly, form joint ventures (JVs), consortiums or any such suitable corporate structures so that process of scouting and...Read More

(Reuters) - PayPal Holdings Inc said on Monday it is launching a debit card for users of its mobile app Venmo in a bid to broaden its reach with younger users.Venmo, which has been part of PayPal since 2013, is one of the more popular mobile applications for person-to-person payments in the United States.Users of Venmo's Mastercard debit card can pay in stores using the balance on their app rather...Read More

   •  Struggles to register any meaningful recovery despite reviving safe-haven demand, amid concerns over a full-blown global trade war, and slightly oversold conditions.     •  An occurrence of death cross on the daily chart, 50-day SMA crossing the very important 200-day SMA from the top, adds credence to last week's bearish break below a medium-...Read More

NEW YORK (Reuters) - Wall Street opened lower and global stock markets sank on Monday as a trade dispute between the United States and other leading economies worsened, while U.S. Treasuries and other safer investments gained.A U.S. government official on Sunday said the Treasury Department was drafting curbs that would block firms with at least 25 percent Chinese ownership from buying U.S. compan...Read More

Kevin Yao, Ben BlanchardBEIJING (Reuters) - China said on Monday it would buy more planes and agricultural products from France and work on market access issues, shoring up its trade ties with Europe as danger mounted of a tariff war with the United States.Chinese Premier Li Keqiang told French Prime Minister Edouard Philippe late on Monday that China was planning to purchase more planes this year...Read More

MELBOURNE - June 25 (Reuters) - A partner in one of the world's largest lithium mines said on Monday trial dates have been set to determine whether expansion at the Western Australian mine, in which China's Tianqi Lithium holds a stake, would unfairly impact its minerals rights.Private-equity backed Global Advanced Metals (GAM) owns the rights to tantalum and other minerals produced at Greenbushes...Read More

WASHINGTON (Reuters) - Sales of new U.S. single-family homes increased more than expected in May as sales in the South surged to their highest level in nearly 11 years.The Commerce Department said on Monday new home sales jumped 6.7 percent to a seasonally adjusted annual rate of 689,000 units last month, the highest level since November 2017. April’s sales pace was revised down to 646,000 u...Read More

WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Monday that forthcoming investment restrictions from Treasury will not be specific to China but would apply “to all countries that are trying to steal our technology.”In a Twitter message, Mnuchin said stories on investment restrictions from Bloomberg and the Wall Street Journal “are false, fake news.”A g...Read More

(Kitco News)- The most recent data fromthe Commodity Futures Trading Commission confirms what many analysts werepredicting - money managers sharply reduced their bullish positioning in goldduring the latest reporting week.The CFTC late Fridayreleased positioning data for the week through Tuesday, June 19. Since pricesfell sharply a few days after that cut-off date, expectations were that thelates...Read More

(Kitco News) - The most recent data from the Commodity Futures Trading Commission confirms what many analysts were predicting - money managers sharply reduced their bullish positioning in gold during the latest reporting week.The CFTC late Friday released positioning data for the week through Tuesday, June 19. Since prices fell sharply a few days after that cut-off date, expectations were that th...Read More

(Kitco News) - Gold and silver prices are modestly down in late-morningaction Monday. Looking across the raw commodity price spectrum, most marketsare down today, mainly on U.S.-China and worldwide trade war worries that couldcurtail demand for raw commodities. Gold and silver continue to want to actlike commodities and trade with their commodity counterparts, instead oftrading like safe-haven ass...Read More

RIO DE JANEIRO, June 25 (Reuters) - Samarco, a joint venture between Brazilian miner Vale and Anglo-Australian BHP Billiton, could reach the second phase of a settlement with Brazilian prosecutors over a 2015 environmental disaster on Monday, a federal prosecutor said.The mining disaster, Brazil's worst on record, was caused by the bursting of a tailings dam and killed 19 people. Samarco's operati...Read More

LONDON (Reuters) - Brent crude oil fell on Monday as investors prepared for an extra 1 million barrels per day (bpd) in output to hit the markets after OPEC and its partners agreed to raise production.Despite the increase, which is intended to stop the gap between global supply and demand from becoming too wide, analysts said global oil markets would likely remain relatively tight this year.Brent...Read More

(Bloomberg) - A Mauritian commodity exchange that plans to start operating in the fourth quarter expects to trade $6.5 billion of gold annually within five years, part of the Indian Ocean island nation's plan to become a financial gateway to Africa, its chairman said.The introduction of the Mauritius International Derivatives and Commodities Exchange brings to fruition Prime Minister Pravind Jugn...Read More

NEW YORK (Reuters) - Investors have reached $96 million in settlements with the final five defendants in private U.S. litigation accusing banks of rigging a key interest rate benchmark in the global derivatives market, boosting the total payout to more than $500 million.BNP Paribas SA (BNPP.PA) and Morgan Stanley (MS.N) will each pay $33.5 million, Nomura Holdings Inc (8604.T) and Wells Fargo &...Read More