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Trade Fears Turn S&P, Nasdaq Red For the Week

April 06, 2018 / www.schaeffersresearch.com

China vowed to 'hit back forcefully' against additional U.S. tariffsU.S. stocks continue to fall due to growing fears of a trade war with China, sinking the Dow Jones Industrial Average (DJI) more than 350 points. Not only did President Trump propose an additional $100 billion in tariffs on Chinese imports, but Beijing has already promised to "hit back forcefully." This news has Caterpillar (CAT)...Read More

New silver bull coming

April 06, 2018 / www.mining.com

Silver has been dead money over the past year or so, relentlessly grinding sideways to lower. That weak price action has naturally left this classic alternative investment deeply out of favor. Silver is extremely undervalued relative to gold, while speculators' silver-futures positions are extraordinarily bearish. All this has created the perfect breeding ground to birth a major new silver b...Read More

Canada's Nemaska, Orion in talks on lithium-streaming deal: sources

April 06, 2018 / www.kitco.com

TORONTO/VANCOUVER (Reuters) - Canada’s Nemaska Lithium Inc (NMX.TO) is in talks with U.S. private equity firm Orion Mine Finance Group on a lithium streaming deal, a type of specialized mining finance, according to people familiar with the transaction.Separately, Nemaska said Thursday Japan’s SoftBank Group Corp (9984.T) will buy a stake of up to 9.9 percent in the company and invest u...Read More

Retailers and recruiters in focus as Tesco, ASOS, Hays and PageGroup report

April 06, 2018 / www.proactiveinvestors.co.uk

In light of the struggles facing the high street and the UK jobs market, updates from retailers and recruiters will be closely followed in the week ahead.Among the retailers reporting, Tesco PLC (LON:TSCO) posts its full year results, ASOS publishes a trading update and WH Smith PLC (LON:SMWH) reports its interims. Tesco is one of the UK's so-called 'big four' supermarkets, which ha...Read More

Markets weaken as tit-for-tat tariff war between US and China intensifies

April 06, 2018 / www.proactiveinvestors.co.uk

Mining Capital's Alastair Ford gives his take on the war of words between the US and China over tariffs.US President Donald Trump's told officials to look at a further $100bln of tariffs against China.Ford also talks through changes around Zimbabwe's export credit rules.In usual fashion, he also touches on a few companies he's been talking to over the course of the week and that've been headlining...Read More

Take Five: World markets themes for the week ahead

April 06, 2018 / www.kitco.com

LONDON (Reuters) - Following are five big themes likely to dominate the thinking of investors and traders in the coming week, and the Reuters stories related to them.1/THE POWER OF EARNINGSThe earnings season that kicks off in earnest next week will be the first to reflect President Donald Trump’s tax cuts, and pundits have been falling over themselves to up their forecasts. Earnings growth...Read More

U.S. targets Longfin, CEO over alleged trading scheme: SEC

April 06, 2018 / www.kitco.com

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Friday said it had targeted allegedly illegal stock sales involving Longfin Corp stock as well as the finance and technology company’s chief executive and three other people.The regulator, in a statement, said it had obtained a court order to freeze more than $27 million in trading proceeds from “allegedly illegal di...Read More

Trump threatens tariffs on $100 billion more China goods; Beijing ready to strike back

April 06, 2018 / www.kitco.com

BEIJING/WASHINGTON (Reuters) - China warned on Friday it was fully prepared to respond with a “fierce counter strike” of fresh trade measures if the United States follows through on President Donald Trump’s threat to slap tariffs on an additional $100 billion in Chinese goods.In light of China’s “unfair retaliation” against earlier U.S. trade actions, Trump uppe...Read More

Gold hangs near 2-week lows ahead of NFP

April 06, 2018 / www.fxstreet.com

   •  A modest USD retracement helps bounce off lows.   •  Gains remain capped ahead of the key NFP report. Gold pared some of its losses to 2-week lows and is now trying to stabilize around the $1325-24 region as investors keenly await the release of latest US jobs report.  In absence of any fresh fundamental trigger, a modest US Dollar retracement, am...Read More

Bank of England's Carney sees progress in push for low-carbon economy

April 06, 2018 / www.kitco.com

LONDON (Reuters) - Bank of England Governor Mark Carney said on Friday that governments and companies around the world were making progress in the push toward creating a low-carbon economy.“The good news is that governments are now establishing the policy frameworks, and the private sector is beginning to allocate capital accordingly,” Carney told an international conference on climate...Read More

Get Ready For a Rally from This Blockchain Stock

April 06, 2018 / www.schaeffersresearch.com

The blockchain stock has given back 44% in 2018After adding an astounding 265% in 2017, Overstock.com Inc (NASDAQ:OSTK) raced to a record high of $89.80 on Jan. 8, but promptly capsized. At last check, the stock is up 0.9% to trade at $35.85, after the company announced Gregory Iverson as its new chief financial officer. If history is any guide, though, it could be time to bet on the blockchain s...Read More

AppScatter strengthens monitoring service with Priori Data acquisition

April 06, 2018 / www.proactiveinvestors.co.uk

Philip Marcella, chief executive of appScatter Group PLC (LON:APPS) tells Proactive's Andrew Scott they're strengthening their app monitoring service with the acquisition of German firm Priori Data for ?13.5mln.Marcella says Priori runs an app data intelligence operation and when combined with appscatter's existing service will enable the performance of millions of apps and billions of devices to...Read More

FREE MCX TIPS Mcx Lead Call – SELL Lead at CMP 154.55 for Target 153.70 – 153.30 with SL Above price 155.50

April 06, 2018 / mcx.freetips.tips

Mcx Lead Call – SELL Lead at CMP 154.55 for Target 153.70 – 153.30 with SL Above price 155.50. Trade 2 lotsAFTER POST CONTENT Read More

Trade Rhetoric Likely To Push Prices Higher

April 06, 2018 / www.kitco.com

(Kitco News) - Participants in the Kitco News weekly gold surveylook for the price of the metal to rise next week amid ongoing rhetoricpointing to a potential trade war between the U.S. and China and after a softU.S. jobs report. Wall Street Bullish Bearish Neutral VSMain Street Bullish Bearish Neutral The metal has chopped up and down lately onheadlines about the U.S. and Chi...Read More

Trade Rhetoric Likely To Push Prices Higher

April 06, 2018 / www.kitco.com

(Kitco News) - Participants in the Kitco News weekly gold survey look for the price of the metal to rise next week amid ongoing rhetoric pointing to a potential trade war between the U.S. and China and after a soft U.S. jobs report. Wall Street Bullish Bearish Neutral VS Main Street Bullish Bearish Neutral The metal has chopped up and down lately on headlines abou...Read More

FREE MCX TIPS Copper Calls – SELL Copper at CMP 435.7 for Small Target 434 – 433 with SL ABove price 437.50

April 06, 2018 / mcx.freetips.tips

Copper Calls – SELL Copper at CMP 435.65 for Small Target 434 – 433 with SL ABove price 437.50AFTER POST CONTENT Read More

Cape Lambert seeing 'extreme' interest from potential offtakers for Kipushi concentrate

April 06, 2018 / www.proactiveinvestors.co.uk

Tony Sage, executive chairman for Cape Lambert Resources Ltd (ASX:CFE) speaks to Proactive Investors from Mines and Money Asia, where he says sentiment is buoyant on cobalt.The company recently acquired two synergistic cobalt copper tailings projects, in the Democratic Republic of Congo (DRC) and 170km away in neighbouring Zambia.A Pre-Feasibility Study (PFS) for the DRC project is due out in thre...Read More

Texas oil output surge clogs pipelines, depresses prices

April 06, 2018 / www.kitco.com

(This April 5 story corrects paragraph 18 to show the expansion will add 200,000 barrels of daily capacity, not 200 million barrels.)By Devika Krishna KumarNEW YORK (Reuters) - The Permian basin in Texas is leading the way as U.S. oil production has reached an all-time high, but the prolific output is causing bottlenecks as pipelines transporting the crude have filled up more quickly than expected...Read More

Mexico does not rule out 'quick result' to NAFTA trade talks

April 06, 2018 / www.kitco.com

MEXICO CITY (Reuters) - Mexican Foreign Minister Luis Videgaray said on Friday he does not rule out the possibility of a “quick result” in negotiations with the United States and Canada over an updated North American Free Trade Agreement (NAFTA).Mexico’s top diplomat emphasized that progress is being made on various issue-specific tables of the negotiation, noting that he met in...Read More

Wall Street opens lower as trade war fears escalate

April 06, 2018 / www.kitco.com

(Reuters) - U.S. stock indexes opened lower on Friday as renewed fears of a trade conflict between the United States and China outweighed a lower-than-expected March jobs data that eased concerns over aggressive interest rate hikes.The Dow Jones Industrial Average .DJI fell 234.05 points, or 0.96 percent, to 24,271.17. The S&P 500 .SPX lost 22.96 points, or 0.862237 percent, to 2,639.88. T...Read More

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