The recent pullback in BIDU shares looks like an opportunity to go longThe recent global trade tensions have weighed on China-based Baidu Inc (NASDAQ:BIDU), with the shares falling from around $270 to their current perch of $226.56 in less than a month. This pullback could be a buying opportunity, however, based on technical data -- and past BIDU performances. Take a look at the chart below.As you...Read More

MILAN, April 9 (Reuters) - Telecom Italia said adecision by statutory auditors to include a vote on boardcandidates proposed by activist fund Elliott in a shareholdermeeting in April was unlawful, adding the company would takelegal action to protect its rights.TIM said auditors can only intervene when the board does notrespond to a shareholder request to amend the agenda, but notwhen the auditors...Read More

WASHINGTON (Reuters) - The U.S. budget deficit will balloon over the next few years mainly because of deep tax cuts approved in December by Republicans in the U.S. Congress and President Donald Trump, the nonpartisan Congressional Budget Office said on Monday.Despite stronger-than-predicted economic growth ahead, the CBO said the deficit will grow to $804 billion in fiscal 2018, which ends on Sept...Read More

TODAY LME REPORTLME INVENTORY DATA : 09/04/2018 Aluminium -6775 MTCopper +1425 MTNickel -1458 MTLead -50 MTTin -5 MTZinc -2125 MTAFTER POST CONTENT Read More

Copper Calls – SELL Copper at CMP 440.60 for Target 438 – 437 with SL Above price 443. RISK taker trade 2 lotsAFTER POST CONTENT Read More

WASHINGTON (Reuters) - The U.S. consumer watchdog is seeking a record fine against Wells Fargo & Co for auto insurance and mortgage lending abuses that could exceed several hundred million dollars, according to three sources with knowledge of the plans.The penalty would be the first issued by Mick Mulvaney, who U.S. President Donald Trump tapped in November to head the Consumer Financial Prote...Read More

WASHINGTON/AMMAN (Reuters) - U.S. President Donald Trump on Monday condemned a suspected chemical weapons attack on a rebel-held town in Syria that killed dozens of people and said he would decide on a response probably by the end of the day.Speaking at a Cabinet meeting, Trump said he was talking to military leaders and would decide who was responsible for what he called a “heinous attack&r...Read More

Despite an increased appetite in copper assets, the rate of new discoveries continues to be low, especially in top world's producer Chile, where the bulk of exploration is in the hands of major miners, the head of the Chilean Mining Society (Sonami) said Monday.Speaking on the sidelines the 17th World's Copper Conference being held this week in Santiago, Chile, Diego Hern??ndez, President of Sonam...Read More

FIRESTEEL RESOURCES INC. (TSXV: FTR) ('Firesteel') today announced that it has appointed Joe Ranford as Chief Operating Officer for Firesteel. Mr. Ranford will also assume the position of General Manager of the Laiva Mine. Mr Ranford will be resident in Finland.Read full newsRead More

(Bloomberg) - Copper prices will rise this year as investors look past the ample global supplies and market turbulence to focus on the metal's long-term outlook, according to Trafigura Group's chief economist.Copper has been buffeted in recent weeks by rising inventories, risks to global trade and signs that miners are managing to strike new wage deals without major interruptions to supply, said...Read More

(Bloomberg) - Copper prices will rise this year as investors look past the ample global supplies and market turbulence to focus on the metal's long-term outlook, according to Trafigura Group's chief economist.Copper has been buffeted in recent weeks by rising inventories, risks to global trade and signs that miners are managing to strike new wage deals without major interruptions to supply, said...Read More

Benedetta Arese Lucini, one of the co-founders of Oval Money, gives Proactive Investors some of the background as to how the financial platform came about.Up and running for just over a year now, she says they're just weeks away from launching an investment product.''The difference with us is the entry level - you can start investing with just a few pounds''.''The amount of time you can keep it in...Read More

(Kitco News) - Corporate-friendlygovernment policies will lead to an upside surprise in first quarter earningsthat will blow investors away, this according to Shark Tank star, KevinO’Leary.The U.S. earningsseason kicks off this Friday with three major banks, JPMorgan (NYSE: JPM), Citi Group (NYSE: C), and Wells Fargo(NYSE: WFC), on tapto release their corporate numbers. The biggest factor th...Read More

(Kitco News) - Corporate-friendly government policies will lead to an upside surprise in first quarter earnings that will blow investors away, this according to Shark Tank star, Kevin O’Leary. The U.S. earnings season kicks off this Friday with three major banks, JPMorgan (NYSE: JPM), Citi Group (NYSE: C), and Wells Fargo (NYSE: WFC), on tap to release their corporate numbers. The biggest fa...Read More

SummaryGovernments of mining countries are vulnerable to investors using double tax agreements (DTAs) as a means of avoiding paying taxes. DTAs are bilateral, or multilateral agreements between countries that set out which country has the right to collect tax on different types of income. Interest expense on foreign loans is one such source of income. The DTA will specify how much tax the source c...Read More

SummaryGovernments of mining countries are vulnerable to investors using double tax agreements (DTAs) as a means of avoiding paying taxes. DTAs are bilateral, or multilateral agreements between countries that set out which country has the right to collect tax on different types of income. Interest expense on foreign loans is one such source of income. The DTA will specify how much tax the source c...Read More

WASHINGTON (Reuters) - The Trump administration is announcing Monday a new effort to speed environmental reviews for major infrastructure projects, a White House official said.U.S. President Donald Trump has made shortening the often lengthy timetable to get approvals for new highways, runways and other projects a key focus of his infrastructure reform plans.A White House official said Trump will...Read More

NEW YORK (Reuters) - Wall Street led global stocks higher on Monday as the beaten down tech sector rallied, also lifting oil prices, while investors kept an eye on a U.S.-China trade spat.Large-cap U.S. tech companies rose 2.6 percent but are still down more than 7 percent from a record high hit four weeks ago.The United States and China have threatened each other with tens of billions of dollars...Read More

Inverse correlation between U.S. equities and gold remains intact.As long as financial market is internally weak, gold should stay strong.Volatility Index (VIX) is a worthwhile reflection of this relationship.Gold prices rose on Friday and U.S. equities sold off on trade-related concerns. Meanwhile the dollar was lower while Treasury prices were higher as safe-haven buying was in evidence. Gold co...Read More

Source: Streetwise Reports 04/09/2018Eric Zaunscherb, an analyst with Canaccord Genuity, reviewed and interpreted this company's recent drill results.In the field.In an April 4 research note, Canaccord Genuity analyst Eric Zaunscherb reported that Marathon Gold Corp. (MOZ:TSX; MGDPF:OTC.MKTS) released the stepout drill results from the Marathon gold deposit and Sprite zone bog area, which "pro...Read More