Today LME StockLME Inventory Data : 13/04/2018Aluminium -50 MTCopper -5675 MTNickel -1992 MTLead -125 MTTin UnchangedZinc -1800 MTAFTER POST CONTENT Read More
Copper and iron ore eked out small price gains on Friday after customs data showed imports of raw materials by China improved during the first quarter.In brisk trading New York Comex copper for delivery in May was exchanging hands for $3.07 a pound ($6,770 per tonne). Copper is down 7% year to date.Rising imports have coincided with a build-up of inventories with stockpiles on the Shanghai exchang...Read More
This week, the president tweeted about trade, Russia, and a possible Syrian airstrikeIt was another week of volatile daily swings, as Wall Street kept a close eye on President Donald Trump's Twitter feed. While easing tensions surrounding a potential U.S.-China trade war fueled big intraday upside moves on Monday and Tuesday, Trump's taunts toward Russia of a possible Syrian missile strike sparked...Read More
SCHW is continuing a stint below its formerly supportive 80-day moving averageInvesting giant Charles Schwab Corporation (NYSE:SCHW) is set to report its first-quarter earnings early next week. SCHW has finished lower the day after earnings in each of the past six quarters, but typically not by a lot -- the stock's average post-earnings daily price move is 1%, on average, over the last eight quart...Read More
(Reuters) - A searing memoir by former FBI Director James Comey, who was fired last May by U.S. President Donald Trump, is due to be published next week.Below are some highlights from the book:- During a private dinner with Trump at the White House, Comey writes:‘Unprompted, and in another zag in the conversation, (Trump) brought up what he called the “golden showers thing,” repe...Read More
Mcx Copper Live – Copper BUY Call 5a1 given at 443.30 CMP 444.80. Low risk taker book 1.5 x 2 lot = 3 Points. RISK Taker wait for TGT5a1 : Today Copper Online – BUY Copper at CMP 443.30 for Target 445.50 – 446.50 with SL below price 440.20. RISK taker trade 2 lotsAFTER POST CONTENT Read More
Zinc Today Intraday – Zinc BUY Call 59e given at price 203.70 Achieved 1st Target 204.50. CMP 204.60. TOTAL Profit of 0.9 x 2 lot = 1.80 Point profit59e : Today Zinc Cal - BUY Zinc at CMP 203.70 for TGT 204.5 - 205.20 with SL below price 202.40. RISK taker trade 2 lotsAFTER POST CONTENT Read More
LONDON (Reuters) - Caught between the world’s superpowers as they butt heads over trade and the risk of conflict in Syria, the global economy is starting to show some bruises.While it is still on track for its best growth in several years - and talk of all-out trade war between the United States and China has cooled in recent days - investors increasingly think some damage has been done.&ldq...Read More
(Kitco News)- Forthose keeping score at home, the gold market has seen seven failed breakoutattempts since its multi-year high reached in 2016. Whilethe lack of follow-through buying has been demoralizing for some goldinvestors, many analysts continue to point out that the gold prices are still in asolid uptrend, creating higher lows along the way.“Themarket is struggling, but it looks like...Read More
(Kitco News) - For those keeping score at home, the gold market has seen seven failed breakout attempts since its multi-year high reached in 2016. While the lack of follow-through buying has been demoralizing for some gold investors, many analysts continue to point out that the gold prices are still in a solid uptrend, creating higher lows along the way.“The market is struggling, but it look...Read More
David Ciclitira, executive chairman of Live Company Group Plc (LON:LVCG), tells Proactive Investors they're taking their themed shows on the road after setting up a new division, BRICKLIVE Touring.Kicking things off is an exhibition called BRICKLIVE Animal Paradise, which is designed to educate the LEGO fan community about endangered species and will feature more than 65 LEGO animals, including a...Read More
WASHINGTON/NEW YORK (Reuters) - A lawyer for President Donald Trump sought in court on Friday to stop U.S. prosecutors from deciding what materials seized from his personal attorney can be used in a probe that began with a referral by investigators looking into Russian meddling in the 2016 presidential election.Monday’s raids of attorney Michael Cohen’s home and office followed a refer...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe will focus heavily on the challenge posed by North Korea’s nuclear arms program when they meet next week in Florida, a senior Trump administration official said on Friday.The Trump-Abe summit at Trump’s Mar-a-Lago retreat in Palm Beach comes as U.S. officials are working to set up a summit between...Read More
(Reuters) - Tesla Inc (TSLA.O) will be profitable in the third and fourth quarters of this year and will not have to raise any money from investors, billionaire Chief Executive Elon Musk said on Friday, driving shares in the electric carmaker up to 3 percent higher.Tesla has already sought this month to play down Wall Street speculation that it would need to return to capital markets this year to...Read More
LONDON (Reuters) - Budding optimism on global trade helped European shares advance on Friday although a turn lower on Wall Street after disappointing earnings cut some of the market’s earlier gains.The STOXX 600 held near one-month highs, ending the day up 0.1 percent.Germany's DAX .GDAXI, highly sensitive to trade and China, gained 0.2 percent after U.S. President Trump made comments indic...Read More
LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.1/RUSSIAN ROULETTEInvestors are strapping themselves in tight and bracing for another ride on the Russian rollercoaster next week after turbulent trading in the wake of new U.S. sanctions and a spike in tensions over Syria.The rouble plung...Read More
Call options have become quite popular with BACEarnings season is underway, and bank name Bank of America Corp (NYSE:BAC) will kick things off next week, as it's scheduled to report first-quarter earnings before the open Monday. BAC stock will try to avoid the fate of sector peers JPMorgan (JPM), Wells Fargo (WFC), and Citigroup (C), which have turned lower today in the wake of their quarterly re...Read More
The big banks are leading a major market pullbackThe Dow Jones Industrial Average (DJI) has turned lower, as a sharp reversal in big bank shares weighs on the broader stock market. In fact, JPMorgan Chase (JPM) is now the worst performing blue chip, down 2.5%, after this morning's earnings release. Renewed trade war fears may also be to blame for the pullback, following a Wall Street Journal story...Read More
Oil & gas commentator Malcolm Graham-Wood discusses what's been a great start for Echo Energy's Argentina workover programme.The existing well, tagged CSo-85, perforated a previously untapped gas reservoir which flowed to surface without any further intervention. Gas flows from the reservoir are estimated at 2mln cubic feet per day.Graham-Wood also talks SDX Energy and confirmation its latest...Read More
There will once again be a bit of a retail theme coming through in the coming week, with updates due from a number of high street names including Debenhams PLC (LON:DEB), JD Sports PLC (LON:JD.), and Primark owner Associated British Food PLC (LON:ABF).The discount clothing stores chain has established itself as the food to retail conglomerate most important division in recent years.Primark already...Read More