Plus, XLB is trading near its 320-day trendlineAgriculture stocks are taking a hit today, after China unveiled a new round of excise taxes in reaction to U.S. tariffs. Joining automobiles and airplanes on the list of U.S. imports that face tariffs of up to 25% are soybeans and chemicals, which has the Materials Select Sector SPDR Fund (XLB) trading down 0.9% at $55.97 to test its 320-day moving av...Read More

   •  Trade-war fears/safe-haven demand supports the bullish move.   •  Stellar ADP report fails to revive USD demand and stall the momentum. Gold continued gaining some positive traction through the early NA session and is currently placed at over 1-week tops, inching closer to $1350 level. Despite upbeat ADP report on the US private sector employment, the...Read More

(Kitco News)- Trading activity in gold and silver dropped in February as prices struggled to find momentum, according to the latest trade data from the London Bullion Market Association.LBMA monthly clearing statistics show the average volume of gold ounces transferred in February dropped 15% to 19 million ounces, compared to activity in January. The decline in trading activity came as gold prices...Read More

(Reuters) - U.S. automakers could be forced to rethink future production plans for several vehicles if the tit-for-tat tariff dispute brewing between the United States and China erupts into a full-blown trade war.General Motors Co (GM.N), which imports the Buick Envision crossover from China, said on Wednesday it is “too early” to say how the Trump administration’s proposed tarif...Read More

(Kitco News) - Gold prices aremodestly up in early afternoon U.S. trading Wednesday, but well off sessionhighs as the U.S. stock market posts a dramatic rebound from the lows seenearlier in the session. June Comex gold futures were last up $3.00 an ounce at$1,340.50. May Comex silver was last down $0.117 at $16.28 an ounce.Fearsof a global trade war have ratcheted up a notch after China today anno...Read More

(Kitco News) - Gold prices are modestly up in early afternoon U.S. trading Wednesday, but well off session highs as the U.S. stock market posts a dramatic rebound from the lows seen earlier in the session. June Comex gold futures were last up $3.00 an ounce at $1,340.50. May Comex silver was last down $0.117 at $16.28 an ounce.Fears of a global trade war have ratcheted up a notch after China today...Read More

MCX COPPER LIVE TIPSCopper Live – SELL 2 lot Copper at CMP 438.40 for Target small at price 436.80 – 435.50 with SL Above price 440AFTER POST CONTENT Read More

PARIS (Reuters) - France will cut the number of lawmakers by almost a third and introduce a degree of proportional representation for the next legislative elections, in a major reform aimed at restoring voters’ confidence in a largely discredited political class.The measures, broadly in line with President Emmanuel Macron’s campaign promises, are the result of an agreement between his...Read More

ULS Technology PLC (LON:ULS) saw its shares slide 7.9% to 145p in lunchtime trading after its chief executive (CEO) was appointed managing director of Mortgage Advice Bureau PLC (LON:MAB1).The AIM-listed media agency said following the departure of Ben Thompson as CEO, managing director Stephen Goodall would be taking over the position.Thompson previously held senior positions at Legal & Gener...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump is not attacking the business sector with his recent critiques of Amazon.com Inc (AMZN.O) but wants the online retailer to do more when it comes to taxes, his economic adviser said on Wednesday.“His view on Amazon is we’ve got to have a level playing field with regards to taxes,” Kudlow told reporters at the White House. “T...Read More

WASHINGTON (Reuters) - President Donald Trump’s top economic adviser, Larry Kudlow, predicted on Wednesday that there will be some positive news on efforts to renegotiate the NAFTA treaty relatively soon.“Don’t hold me to the timing here, but I think you’re going to see some positive news on NAFTA and maintaining NAFTA and reforming NAFTA and I think the stock market is goi...Read More

Stocks are bouncing from their early morning lowsThe Dow Jones Industrial Average (DJI) is well off its intraday lows, but is still in negative territory as China's tariff announcement sparks sharp losses from blue chips Boeing (BA) and Caterpillar (CAT). Meanwhile,the S&P 500 Index (SPX) is back above its 200-day moving average, as food names lead a rally in consumer discretionary stocks -- speci...Read More

SCHN is set to close below its 120-day moving average for the third day in a rowSchnitzer Steel Industries, Inc. (NASDAQ:SCHN) is set to report its fiscal second-quarter earnings tomorrow before the stock market opens. Over the past eight quarters, the stock has swung 4%, on average, in either direction in the session after the company reported. This time around, the options market is pricing in a...Read More

Tips for Zinc – Zinc Hold Call 402 Advised to sell at price 214.25 Achieved 1st Target 213. CMP 212.05. Moving near to 2nd TGT. Profit of 2.20 Points per lotZINC HOLD Call - SELL Mcx Zinc April at CMP 214.25 with SL Above 216.10 for Target 213 - 211.50AFTER POST CONTENT Read More

NEW YORK (Reuters) - Oil dropped to a two-week low on Wednesday after China proposed a broad range of tariffs that fed fears of a burgeoning trade war with the United States, but crude bounced off session lows when U.S. data showed a weekly decline in crude stocks, instead of the increase analysts had expected.China, the world’s largest importer of raw materials, hit back at the Trump admini...Read More

WASHINGTON (Reuters) - U.S. services sector activity slowed in March, held down by a drop in new orders, while private employers maintained a brisk pace of hiring.The Institute for Supply Management (ISM) said on Wednesday its non-manufacturing activity index fell 0.7 point to a reading of 58.8 last month. A reading above 50 indicates expansion in the sector, which accounts for more than two-third...Read More

Nickel Call – SELL Nickel at CMP 875.40 for Target 868 – 862 with SL Above price 882AFTER POST CONTENT Read More

MOSCOW (Reuters) - Russia’s foreign intelligence agency chief Sergei Naryshkin said on Wednesday that Washington’s actions toward Russia mean its possible to start speaking of a return to the Cold War era.“Washington has become fixated with the fight against a non-existent, so-called Russian threat. This has reached such proportions and acquired such absurd characteristics that i...Read More

Hugo Schumann of Apollo Minerals Limited (ASX:AON) talks Proactive Investors through the company's recent trading halt as three prestigious mining funds came on board for a combined A$6 million at a price of 23 cents.He describes the quality of the funds that have come in as a ringing endorsement of the project.Most of the initial expenditure will be put to reopening the world's highest-grade tung...Read More

WASHINGTON (Reuters) - The Trump administration on Tuesday raised the stakes in a growing trade showdown with China, targeting 25 percent tariffs on some 1,300 industrial technology, transport and medical products to try to force changes in Beijing’s intellectual property practices.The U.S. tariff unveiling, representing about $50 billion of estimated 2018 imports and aimed at dealing a setb...Read More