Positive earnings reactions are lifting shares of JPM and C in premarket tradingThe stock market's volatile daily swings look set to continue, as futures on the Dow Jones Industrial Average (DJI) are more than 150 points above fair value amid a positive earnings reaction for blue-chip financial firm JPMorgan Chase (JPM). Fellow bank stock Citigroup (C) is also higher after the company posted a fir...Read More

WASHINGTON/TOKYO (Reuters) - U.S. President Donald Trump said the United States would only join the Trans Pacific Partnership, a multinational trade deal his administration walked away from last year, if it offered “substantially better” terms than those provided under previous negotiations.His comments, made on Twitter late Thursday, came only hours after he had unexpectedly indicated...Read More

Enough uncertainty persists in the worldto boost gold prices in the short term, says Phil Flynn, senior marketanalyst with at Price Futures Group. The metal rose sharply early in the weekbefore falling back. “We’re probably at the lower end of the recent whipsawingtrading range,” Flynn says. “Because of the uncertainties surrounding Syria andthe possibility of sanctions by...Read More

Enough uncertainty persists in the world to boost gold prices in the short term, says Phil Flynn, senior market analyst with at Price Futures Group. The metal rose sharply early in the week before falling back. “We’re probably at the lower end of the recent whipsawing trading range,” Flynn says. “Because of the uncertainties surrounding Syria and the possibility of sanction...Read More

(Reuters) - JPMorgan Chase & Co’s (JPM.N) quarterly profit fell short of Wall Street expectations on Friday as lower revenue from investment banking ate into gains from U.S. corporate tax changes and higher interest rates.Revenue grew across its businesses as borrowing rose amid strong economic growth. Higher interest rates lifted lending revenue more than the bank’s cost of money...Read More

KANE COUNTY, Ill. (Reuters) - Lucas Strom, who runs a century-old family farm in rural Illinois, canceled an order to buy a new $71,000 grain storage bin last month - after the seller raised the price 5 percent in a day.The reason: steel prices jumped right after U.S. President Donald Trump announced tariffs.Throughout U.S. farm country, where Trump has enjoyed strong support, tariffs on steel and...Read More

BERLIN (Reuters) - Deutsche Bank’s (DBKGn.DE) sudden change in chief executive could prolong the lender’s restructuring, ratings agency Standard & Poor’s (S&P) said as it placed the bank on “credit watch negative” late on Thursday.Last weekend retail banking specialist Christian Sewing replaced John Cryan as Deutsche’s CEO, raising the prospect of radica...Read More

FRANKFURT (Reuters) - Volkswagen (VOWG_p.DE) hopes to raise 6 billion to 7 billion euros ($7.4-$8.6 billion) through a listing of its trucks and buses division, German magazine Der Spiegel reported, not citing where it obtained the information.Volkswagen aims to sell up to 25 percent of the business as part of the listing and keep a majority, the magazine said. Sources told Reuters earlier this we...Read More

WOLFSBURG, Germany (Reuters) - Volkswagen’s (VOWG_p.DE) new Chief Executive Herbert Diess on Friday said he will consider asset sales and seeks to turn the multi-brand conglomerate into a slimmed down company with strong brands.Speaking at his first news conference as chief executive at VW’s headquarters in Wolfsburg, Diess said he would look at the different assets in VW’s portf...Read More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

(Kitco News) - Gold prices areslightly lower in early U.S. trading Friday. The yellow metal is seeing sellingpressure late this week from a marked uptick in trader and investor riskappetite, as evidenced by the late-week rally in world stock markets. June Comex gold futures were last down $2.00 an ounce at $1,339.90. May Comex silver was last up $0.022 at $16.495 an ounce.However,don’t be su...Read More

BEIRUT (Reuters) - The prospect of Western military action in Syria that could lead to confrontation with Russia hung over the Middle East on Friday but there was no clear sign that a U.S.-led attack was imminent.International chemical weapons experts were traveling to Syria to investigate an alleged gas attack by government forces on the town of Douma which killed dozens of people. Two days ago U...Read More

Consolidation continues to reign inthe metals markets as they go up and down within a range. The big questioncontinues to be: what will be the catalyst to break the metals out of theseranges?There are several things thatcould do the trick -- the unrest in the Mideast and Syria, or the strength orweakness of the dollar, which remains in the same torturous congestion patternas the metals. Only the s...Read More

Consolidation continues to reign in the metals markets as they go up and down within a range. The big question continues to be: what will be the catalyst to break the metals out of these ranges? There are several things that could do the trick -- the unrest in the Mideast and Syria, or the strength or weakness of the dollar, which remains in the same torturous congestion pattern as the metals. Onl...Read More

Shareholders of Brio Gold Inc. (TSX: BRIO) and LeagoldMining Corp. (TSX: LMC) have agreed to apreviously announced all-stock deal in which Leagold would acquire Brio, thecompanies report. Approval is still needed from the Ontario Superior Court ofJustice. Officials anticipate the merger will be completed in the secondquarter. "The acquisition of Brioadvances our strategy to create a...Read More

Shareholders of Brio Gold Inc. (TSX: BRIO) and Leagold Mining Corp. (TSX: LMC) have agreed to a previously announced all-stock deal in which Leagold would acquire Brio, the companies report. Approval is still needed from the Ontario Superior Court of Justice. Officials anticipate the merger will be completed in the second quarter. "The acquisition of Brio advances our strategy to cr...Read More

MOSCOW (Reuters) - Russia’s lower house of parliament is to consider draft legislation that would give the Kremlin powers to ban or restrict a list of U.S. imports, reacting to new U.S. sanctions on a group of Russian tycoons and officials.Senior lawmakers in the State Duma, which is dominated by Kremlin loyalists, said they had prepared the list ranging from food and alcohol to medicine and...Read More

No one believed Porter Stansberry nine years ago.As head of one of America's largest independent financial research firms, Mr. Stansberry's work back in 2008 led him to a bold, but worrisome, conclusion:That the world's largest mortgage bankers- Fannie Mae and Freddie Mac, which at the time were responsible for nearly 50% of all the mortgages in America-would soon go bankrupt.In fact, in June of 2...Read More

A young gold miner works in Makala gold mine camp near the town of Mongbwalu in Ituri province, eastern Democratic Republic of Congo. REUTERS/Goran TomasevicRead full newsRead More