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 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
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
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 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
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
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
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 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
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
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
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
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
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
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
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
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
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
(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
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