Copper Mcx – BUY Copper at CMP 438.80 for Target 441 – 442 with SL below price 436.40 RISK Taker advised to trade 2 lotsAFTER POST CONTENT Read More
Today Nickel – RISK taker BUY Nickel at CMP 855.10 for Target 864 – 869 with SL below price 848.50. RISK Taker advised to trade 2 lotsAFTER POST CONTENT Read More
The construction concern has retreated to two historically bullish trendlinesAfter a strong start to 2018, shares of Caterpillar Inc. (NYSE:CAT) quickly retreated from their Jan. 16 record high of $173.24 amid the broader stock market correction. The construction stock plunged 5% in February, and an additional 4.7% in March -- the latter drop sparked by rising fears of a U.S.-China trade war. CAT...Read More
(Bloomberg) - Just as labor tensions ease at BHP Billiton Ltd.'s giant Escondida mine, the copper industry has another iconic mine to worry about.Relations between the world's largest copper producer, Codelco, and unions in its Chuquicamata division have reached the lowest point in years as the mine transitions from open pit to an underground model that will use more automation and employ fewer w...Read More
(Reuters) - Canada’s main stock index rose on Monday, led by gains in financial stocks ahead of a key report that could help guide Bank of Canada’s interest rate policy, and after officials in U.S. President Donald Trump’s administration highlighted that the trade dispute with China could be resolved through talks.* At 9:37 a.m. ET (1337 GMT), the Toronto Stock Exchange’s S...Read More
NEW YORK (Reuters) - U.S. inflation expectations remained largely flat in March, holding the gains of the last several months, according to a Federal Reserve Bank of New York survey published on Monday.The survey of consumer expectations, which the Fed considers along with other data on U.S. price pressures, showed median one-year ahead expectations edged lower to 2.75 percent, from 2.83 percent i...Read More
Copper Today – Copper Mcx Sell call 4c7 given at price 438 Triggered Small SL at price 439.20. Total 1.20 Points SL hit4c7 : Mcx Copper Tips - SELL Copper at CMP 438 with SMALL SL Above 439.20 for Target 436 - 435AFTER POST CONTENT Read More
By James Marson and Scott Patterson MOSCOW -- Shares in United Co. Rusal, one of the world's largest aluminum producers, lost half their value Monday, as the effect of U.S. sanctions on Russian companies and the tycoons that own them rippled across markets around the world. Investors sold off Rusal shares in Hong Kong amid uncertainty over how the sanctions may affect the company's ability to tr...Read More
ALUMINIUM FREE TARGET TIPSAluminium Free Target Tips – Aluminium Positional BUY Call 458 given for 2 lot at price 129.90 Achieved 1st Target 134 & near to 2nd TGT. CMP 135.20. Total profit made 5.30 x 2 lot = 10.60 PointsTIPS ID 458 : Aluminium Positional Call - BUY 2 lot Aluminium April at CMP 129.90 for Target 134 - 135.50 with SL below price 126.50AFTER POST CONTENT Read More
LONDON, April 9 (Reuters) - U.S. tariffs on imports have already roiled the aluminium market.U.S. sanctions on Oleg Deripaska and his companies are going to cause even more turmoil, given they encompass Rusal , which produces around 6 percent of the world's aluminium.Deripaska was on the U.S. Treasury Department's sanctions list, covering seven Russian oligarchs, 12 of their companies, 17 Russian...Read More
WASHINGTON (Reuters) - Facebook Inc Chief Executive Officer Mark Zuckerberg will hold meetings with some U.S. lawmakers on Monday, a day before he is due to appear at Congressional hearings over a political consultancy’s use of customer data, two congressional aides said on Sunday.The planned meetings at Capitol Hill are expected to continue through Monday afternoon and include some lawmaker...Read More
WASHINGTON (Reuters) - White House economic adviser Larry Kudlow said on Monday progress was being made on efforts renegotiate the North American Free Trade Agreement but that he had no specific details on the talks.“Progress is being made on renegotiating and recalibrating NAFTA ... good progress,” Kudlow told CNBC in an interview, adding that there should be “much greater curre...Read More
Mcx Copper Tips – SELL Copper at CMP 438 with SMALL SL Above 439.20 for Target 436 – 435AFTER POST CONTENT Read More
(Kitco News)- Sentiment remains extremelyvolatile in the gold market as hedge funds liquidated most of their newlyacquired bullish positions and added to their bearish bets, according to thelatest trade data from the Commodity Futures Trading Commission.“Recently established gold longsgot squeezed once again with quarter-end dollar demand and what turned out tobe a temporary easing of geopol...Read More
(Kitco News) - Sentiment remains extremely volatile in the gold market as hedge funds liquidated most of their newly acquired bullish positions and added to their bearish bets, according to the latest trade data from the Commodity Futures Trading Commission.“Recently established gold longs got squeezed once again with quarter-end dollar demand and what turned out to be a temporary easing of...Read More
The chip stock hit an annual low just last weekBMO cut its price target on Advanced Micro Devices, Inc. (NASDAQ:AMD) by $3 to $12, following a rough stretch for chip stocks. Nevertheless, this new AMD price target stands at a premium to last Friday's close at $9.61, and in early trading, the security is 1.6% higher at $9.69, thanks to broad-market tailwinds.Since being rejected by the $12.90 regio...Read More
(This March 29 story refiles to correct figure to 19 percent in paragraph 20.)By Maiya Keidan, Pamela Barbaglia and Paola ArosioLONDON/MILAN (Reuters) - Italy’s Banca Monte dei Paschi di Siena (MPS) (BMPS.MI) will meet investors in London on April 4, two sources close to the bank told Reuters, as the Tuscan lender seeks to soothe concerns over its turnaround progress.Monte dei Paschi is grap...Read More
LONDON (Reuters) - Oil rose on Monday, boosted by investor caution over an air strike on a Syrian air base over the weekend, which overshadowed some of the concern that has undermined the crude market over an intensifying trade dispute between China and the United States.Syria and its main ally Russia blamed Israel for carrying out an attack on a Syrian air base near Homs on Monday which followed...Read More
MOSCOW (Reuters) - Russia’s ruble experienced its biggest one-day fall for over two years on Monday and stocks in major Russian companies also slid, as investors reacted to a new round of U.S. sanctions targeting some of Russia’s biggest tycoons.The sanctions, announced on Friday, target officials and business people around President Vladimir Putin in an aggressive response to alleged...Read More
Morgan Stanley's new price target is right in line with the broader opinion on Wall StreetGeneral Motors Company (NYSE:GM) shares have struggled in recent months because of President Trump's tough trade rhetoric with China, but Morgan Stanley thinks another one of the president's proposals could be bullish for the automaker. Specifically, the brokerage firm expects an uptick in pickup truck sales...Read More