Recent News

Oil prices rise on crude supply worry, Wall Street strength

April 17, 2018 / www.kitco.com

NEW YORK (Reuters) - Oil prices rose on Tuesday, as support from the possibility of supply disruptions and a strong equities market offset the effects of profit-taking following last week’s rally above three-year highs.Brent crude oil futures LCOc1 gained 16 cents to settle at $71.58 a barrel, while U.S. crude futures CLc1 rose 30 cents to settle at $66.52.“It seems as though the volat...Read More

Chaarat Gold confident its mines will operate for a very long time

April 17, 2018 / www.proactiveinvestors.co.uk

Chaarat Gold Holdings Limited's (LON:CGH) management is confident it can more than double the mine life at its project in the Kyrgyz Republic through intensive drilling over the next two years.It's one of the most exciting packages I've seen, Dusty Nicol told Proactive and potentially the basis of a whole new mining district.Talks are underway over finance, while 30,000m of drilling is planned in...Read More

How to Play Gold in an Uptrend

April 17, 2018 / www.marketslant.com

Looking at the 50-day moving average, gold is currently in an uptrend and has been trading between $1,365 and $1,302 per ounce since January. Mike Matousek, head trader at U.S. Global Investors, explains gold's current trajectory and how investors might play the positive trend.For Mike's full explanation, watch the video below!For the latest updates on the gold market, subscribe to the weekly Inve...Read More

FREE MCX TIPS Aluminium Call – SELL Aluminium at CMP 158.25 for Target 157.25 – 156.50 with SL Above price 159.35

April 17, 2018 / mcx.freetips.tips

Aluminium Call – SELL Aluminium at CMP 158.25 for Target 157.25 – 156.50 with SL Above price 159.35AFTER POST CONTENT Read More

Ascent Resources climbs as formal sale process started after producing revenues in 2017

April 17, 2018 / www.proactiveinvestors.co.uk

Ascent Resources Plc (LON:AST) was a strong gainer in late afternoon trading after the oil & gas firm said it has begun a formal sale process for selling the company having gone from "explorers to producers" in 2017.The AIM-listed group's full-year results showed it produced revenue for the first time since 2013 and significantly reduced its debt during the year.Ascent also said it is looking...Read More

Congo government setting up fund to manage all aid donations

April 17, 2018 / www.kitco.com

KINSHASA (Reuters) - Democratic Republic of Congo plans to set up a special fund to manage all aid donations under a new draft law, its cabinet said on Tuesday, a week after it failed to show up at an international donors conference.The United Nations is seeking $2.2 billion to support about 13 million people in Congo this year caught up in a litany of humanitarian crises caused by ethnic and mili...Read More

U.S., Europe shares climb as dollar recovers on data

April 17, 2018 / www.kitco.com

NEW YORK (Reuters) - U.S. and European shares climbed on Tuesday on corporate results and a renewed appetite for risk, while the dollar climbed off a two-week low and 2-year Treasury yields touched a decade high after economic data supported expectations of further rate hikes by the Federal Reserve.Robust earnings from Netflix, Goldman Sachs and healthcare companies drove gains on Wall Street and...Read More

Fed's Evans says 2.25 pct inflation would not be a problem

April 17, 2018 / www.kitco.com

CHICAGO, April 17 (Reuters) - Chicago Federal Reserve Bank President Charles Evans said on Tuesday that it could take a year before U.S. inflation gets to 2 percent sustainably, and that if overshoots slightly, he would not be too worried.“Is it going to go to 2.3 (percent)? I don’t see that, that would be an awful a lot of momentum” and would call for a reassessment of his asses...Read More

Intraday Nickel – Nickel SELL Call 5f7 given at price 923 Achieved 1st Target 913. CMP 910.80 Total profit of 12.2 Point x 2 lot = 24.4 Points

April 17, 2018 / mcx.freetips.tips

Intraday Nickel – Nickel SELL Call 5f7 given at price 923 Achieved 1st Target 913. CMP 910.80 Total profit of 12.2 Point x 2 lot = 24.4 Points5f7 : Nickel Calls - SELL NIckel at CMP 923 for Target 913 - 906 with SL Above price 934. Trade with 2 to 3 lots todayAFTER POST CONTENT Read More

SL HIT / LOSS Copper – Copper BUY Call 5f2 given at price 447.90 Triggered SL at price 443.90. Total 4 points SL hit in Copper tips

April 17, 2018 / mcx.freetips.tips

Copper – Copper BUY Call 5f2 given at price 447.90 Triggered SL at price 443.90. Total 4 points SL hit in Copper tips5f2 : Copper Calls - RISK Taker May buy Copper at Market price 447.90 for Target 451.50 - 452.90 with SL below price 443.90AFTER POST CONTENT Read More

New Responsible Mining Index highlights gaps in industry transparency and execution of policies

April 17, 2018 / www.mining.com

Many mining companies are not actually implementing their own policies concerning key commitments towards human rights and health and safety, according to a new assessment from the Responsible Mining Index (RMI) 2018.The Responsible Mining Foundation, a non-profit organisation based in the Netherlands, released its first RMI report in April 2018. The report aims to reflect the Foundation's support...Read More

Saudi Arabia says open to sending troops to Syria under wider coalition

April 17, 2018 / www.kitco.com

RIYADH (Reuters) - Saudi Arabia would be prepared to send troops into Syria as part of the U.S.-led coalition if a decision was taken to widen it, Foreign Minister Adel al-Jubeir said on Tuesday.“We are in discussion with the U.S. and have been since the beginning of the Syrian crisis about sending forces into Syria,” Jubeir told a news conference in Riyadh with U.N. Secretary-General...Read More

Active style is the reason for Miton Group's funds surge says CEO

April 17, 2018 / www.proactiveinvestors.co.uk

David Barron, Miton Group PLC's (LON:MGR) chief executive, explains that new money flowing into its funds reflects an active management style and broad range of investment strategies. Shareholders, too, have seen big cash hand-outs as profits have soared. Barron believes the group is well-placed to do even better as the way the fund management business operates changes in future  Me...Read More

Sales Growth Sends ChinaNet to Top of Nasdaq

April 17, 2018 / www.schaeffersresearch.com

However, CNET shares may have hit technical resistanceThe U.S. stock market is pacing toward a big win, as Wall Street reacts to the latest batch of corporate earnings reports. Among individual names making big moves are blue-chip software stock Intel Corporation (NASDAQ:INTC), Chinese internet ad specialist ChinaNet Online Holdings, Inc. (NASDAQ:CNET), and U.K.-based biotech GW Pharmaceuticals Pl...Read More

PROFIT Today Zinc Calls – Zinc SELL Call 5f9 given at price 205.75 CMP 205. Only low risk taker book 0.75 x 2 lot = 1.5 Point here at CMP

April 17, 2018 / mcx.freetips.tips

Today Zinc Calls – Zinc SELL Call 5f9 given at price 205.75 CMP 205. Only low risk taker book 0.75 x 2 lot = 1.5 Point here at CMP 5f9 : Zinc Intraday - SELL Zinc at CMP 205.75 for Target 204.60 - 204.10 with SL Above price 206.80AFTER POST CONTENT Read More

Twitter surges after Morgan Stanley raises from 'underweight'

April 17, 2018 / www.kitco.com

SAN FRANCISCO (Reuters) - Shares of Twitter Inc (TWTR.N) surged nearly 11 percent on Tuesday and were on track for their best session in two months after Morgan Stanley upgraded its recommendation on the social network to “equal-weight” from “underweight”.Investors are likely to continue to pay a premium for Twitter’s stock due to expectations of faster revenue growth...Read More

Shorts Cheering Latest Tesla Setback

April 17, 2018 / www.schaeffersresearch.com

Bernstein: 'We remain skeptical' on Model 3 marginsTesla Inc (NASDAQ:TSLA) stock is bucking the broad-market trend higher today, down 0.8% to trade at $289. While sector peers such as General Motors (GM) enjoy an automaker bump related to encouraging events in China, last night the electric car company temporarily halted its Model 3 production in Fremont, California. Bernstein chimed in on the be...Read More

China Seeks Trade Firewall With U.S. Allies In Rush Of Ambassador Meetings - Sources

April 17, 2018 / www.kitco.com

Michael Martina, Robin EmmottBEIJING/BRUSSELS (Reuters) - China’s international trade representative held a series of meetings with the ambassadors from major European nations last week to ask them to stand together with Beijing against U.S. protectionism, according to four sources familiar with the discussions.Some of the western diplomats involved in the meetings with Fu Ziying, who is als...Read More

New York Seeks More Information From Crypto Exchanges

April 17, 2018 / www.kitco.com

(Reuters) - New York Attorney General Eric Schneiderman on Tuesday sought information from 13 cryptocurrency trading platforms, including Coinbase Inc and Gemini Trust, about their operations such as fee structures and safety measures to protect customer accounts.“With cryptocurrency on the rise, consumers in New York and across the country have a right to transparency and accountability whe...Read More

Fed's Brainard Says New Rules Needed To Help Lending In Poor Areas

April 17, 2018 / www.kitco.com

WASHINGTON (Reuters) - Federal Reserve Governor Lael Brainard on Tuesday said she supports updating banking regulations to help credit flow to low-income areas.The comments by Brainard - the only members of the Fed’s Board of Governors nominated by former U.S. President Barack Obama - come after the Trump administration proposed on April 3 that regulators relax penalties for banks that fail...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok