FRANKFURT (Reuters) - The market rout that hit Italy last week shows that the euro zone is not yet “crisis proof” and more reforms are needed at both the national and European levels, the head of Germany’s central bank said on Tuesday.Investors are nervous about Italy’s new anti-establishment government, which has promised to increase spending, cut taxes and challenge Europ...Read More

(Reuters) - Microsoft Corp’s (MSFT.O) decision to buy GitHub has been a blessing for rival U.S. coding platform GitLab, which has seen thousands of developers jump ship on worries that GitHub may end up favoring Microsoft products over others.“It has been crazy in the last twenty-four hours. We are seeing thousands switching, tweeting about it,” GitLab Chief Executive Officer Syt...Read More

NEW YORK/WASHINGTON (Reuters) - U.S. President Donald Trump will meet with his trade advisers on Tuesday to discuss an offer by China to import an extra $70 billion of American goods over a year as Beijing tries to defuse a potential trade war between the world's two largest economies.Two sources with direct knowledge of the talks told Reuters there have been no discussions on what Washington woul...Read More

Production at Escondida began in 1990 and peaked in 2007 at more than 1.4 million tonnes of copper. Image: BHPCopper jumped 3.7% in New York on Tuesday to trade at $3.25 a pound ($7,165 a tonne), the highest since end-February, as worries about supply disruptions in key producing region resurface.Workers at the Escondida copper mine in Chile put down quite a marker in the third round of contract n...Read More

Production at Escondida began in 1990 and peaked in 2007 at more than 1.4 million tonnes of copper. Image: BHPCopper jumped 3.7% in New York on Tuesday to trade at $3.25 a pound ($7,165 a tonne), the highest since end-February, as worries about supply disruptions in key producing region resurface.Workers at the Escondida copper mine in Chile put down quite a marker in the third round of contract n...Read More

Asante Gold Corporation (CSE:ASE Frankfurt:1A9) and Perseus Mining (Ghana) Limited ('Perseus') have agreed to modify the terms of their Betanase Option and Sale Agreement.Read full newsRead More

The healthcare concern could enjoy a short squeezeThe shares of gene therapy concern Abeona Therapeutics Inc (NASDAQ:ABEO) are set for their best day in nearly two months, up 15.5% to trade at $17.92, thanks to a bullish analyst note. Specifically, Seaport Global started coverage of ABEO stock with a "buy" endorsement and $29 price target -- representing 90% upside to the security's closing price...Read More

(Reuters) - Declines in financial and healthcare stocks weighed on the S&P 500 and Dow on Tuesday, while strong gains in tech heavyweights lifted the Nasdaq to a record intra-day high.Amazon rose 1.2 percent and Apple edged up 0.6 percent, leading gains in the S&P consumer discretionary index and technology index, the top gainers among the major S&P sectors so far this year.Another bri...Read More

NEW YORK (Reuters) - Stocks on world indexes edged lower and the Mexican peso and Canadian dollar fell on Tuesday amid concerns over a trade war, even as U.S. technology shares extended recent gains to boost the Nasdaq index.The so-called FAANG stocks - Facebook (FB.O), Amazon (AMZN.O), Apple (AAPL.O), Netflix (NFLX.O) and Alphabet (GOOGL.O) - rose. The S&P technology index .SPLRCT gained 0.2...Read More

(Kitco News) - Gold priceswere firmer and pushed back above the key $1,300.00 level in early-afternoonU.S. trading Tuesday. Some short covering in the futures market and bargainhunting in the cash market were featured, following recent selling pressure.Metals traders are looking for some new fundamental news to help drive prices. August Comex gold futures were last up $5.50 an ounce at $1,302.80....Read More

WASHINGTON (Reuters) - A group of Republican and Democratic U.S. senators plan to introduce as soon as Tuesday legislation that would force President Donald Trump, or any U.S. president, to obtain congressional approval before imposing tariffs on national security grounds, a senior senator said on Tuesday.Republican Senator Bob Corker, chairman of the Foreign Relations Committee, told reporters le...Read More

WASHINGTON (Reuters) - U.S. services sector activity accelerated in May, pointing to robust economic growth in the second quarter, but trade tariffs and a shortage of workers posed a threat to the outlook.Other data on Tuesday showed job openings rising to a record high in April, far outpacing hiring. Strengthening economic growth and tightening labor market conditions likely seal the case for a F...Read More

H.C. Wainwright waxed optimistic on the company's efforts to reduce debtValeant Pharmaceuticals Intl Inc (NYSE:VRX), which will change its name to Bausch next month, is trading up 5.4% at $23.18, after an analyst at H.C. Wainwright said the drugmaker is becoming more financially fluid thanks to a lighter debt load. While the brokerage firm maintained its "neutral" rating and $20 price target, toda...Read More

MILAN (Reuters) - A buoyant European tech sector, which hit a 17-year peak on Tuesday, was not enough to lift the broader European market as jitters over politics in the periphery persisted.The pan-European STOXX 600 gave up gains to end the session with a 0.3 percent loss, weighed down by weaker banking stocks, and bringing two sessions of straight gains to an end.However, the tech index .SX8P wa...Read More

Lead Mcx – Lead Buy Call ad7 given at price 168.30 Achieved 1st Target 169.20. Total profit of 0.9 Points Per lot in lead tipsMCX TIPS ID ad7 : Mcx Lead Calls - Buy Lead at CMP 168.30 for Target 169.20 - 169.90 with S L below price 167.20 Read More

(Kitco News) - Although market fearsof an Italian contagion effect are now largely subdued, one strategist saidthat the country is not out of the woods, yet. With Premier Giuseppe Conteheading a newly sworn-in Cabinet to head a coalition government, financialmarkets found relief in political stability, but not everyone is confident in thepopulist leaders’ policies. Francesco Papadia,fello...Read More

(Kitco News)- The gold market continues to struggle with weak bulliondemand as the Royal Canadian Mint reported a more than 50% drop in sales in thefirst quarter of 2018.In its first-quarter earnings report, released last week,the Canadian mint said that gold volume dropped to 108.5 thousand ounces in thefirst quarter, down from 228.2 thousand ounces reported in the first quarter of2017.Silver dem...Read More

(Kitco News) - Although market fears of an Italian contagion effect are now largely subdued, one strategist said that the country is not out of the woods, yet. With Premier Giuseppe Conte heading a newly sworn-in Cabinet to head a coalition government, financial markets found relief in political stability, but not everyone is confident in the populist leaders’ policies. Francesco Papadia...Read More

(Reuters) - Strong gains in tech heavyweights lifted the Nasdaq to a record intra-day high on Tuesday, while declines in financial and healthcare stocks weighed on the S&P 500 and Dow.The so-called FAANG stocks - Facebook, Amazon, Apple, Netflix and Alphabet - rose between 0.3 percent and 1.9 percent, helping the S&P technology index rise 0.3 percent.The gains come after Nasdaq closed at a...Read More

FIVE has had a great year, touching a record high todayDiscount retailer Five Below Inc (NASDAQ:FIVE) is slated to report first-quarter earnings after the close tomorrow, June 6. Five Below stock is up 2.1% at $78.88, at last check, and fresh off a record high of $79.23. The retail name has been on a tear on the charts since its July lows, up 78% with help from its rising 120-day moving average. A...Read More