NEW YORK (Reuters) - High asset prices and growing economic pressure from U.S. fiscal stimulus mean financial markets may be particularly vulnerable to an unexpected shock, an influential Federal Reserve governor said on Tuesday, warning the central bank could respond with stronger requirements on banks as needed.Fed Governor Lael Brainard said that for now risks to the U.S. financial system are &...Read More

Paresh DaveSAN FRANCISCO (Reuters) - Police said on Tuesday they were responding to an “active shooter” at the headquarters of YouTube in San Bruno, California.Police in the city south of San Francisco warned people in a Twitter message to stay away from the address where YouTube, owned by Alphabet Inc’s Google, is based.“We are responding to an active shooter. Please stay...Read More

GENEVA (Reuters) - China has notified the World Trade Organization it is imposing $611.5 million worth of retaliatory tariffs on $2.75 billion worth of U.S. imports including pork, nuts and ethanol in response to U.S. duties on aluminum and steel, a WTO document showed.Nuts are seen being prepared for shipment at the Mariani Nut Company in Winters, California, U.S. April 2, 2018. REUTERS/Elijah No...Read More

On Tuesday copper for delivery in May advanced to a two-week high on the Comex market in New York at $3.065 per pound or $6,755 a tonne after positive manufacturing data from China, the globe's number one metals consumer.Copper is still down 8% so far in 2018 and the bellwether metal's dimmer prospects is nowhere more evident than on derivatives markets and the shift in positioning of large-scal...Read More

Car stocks also had a big dayStocks finished the day higher, paring much of yesterday's sharp losses. A rebound in the tech sector helped send the major indexes higher, with FAANG stock Amazon (AMZN) shaking off another round of negative tweets from President Trump. The Spotify (SPOT) trading debut also made headlines, while car stocks surged on well-received monthly auto sales. The Dow managed t...Read More

Silver Bear Resources (TSX:SBR) announced that construction of its Mangazeisky project in Russia is almost done and that plans to go forward with a first silver production early in the second quarter of 2018 are on track. Mangazeisky is located 400 km north of Yakutsk, in the eastern Republic of Sakha, and covers an area of approximately 570 square kilometres. The property includes the high-grade...Read More

(Reuters) - Sales of light vehicles in Canada dipped 0.6 percent in March according to data released on Tuesday, amid signs that the economy was on track for a weaker-than-expected first quarter.Research firm DesRosiers Automotive Consultants Inc said sales of passenger cars fell 12.4 percent in the month with Ford Canada and Fiat Chrysler recording a drop in overall sales.In contrast, sales of li...Read More

NEW YORK (Reuters) - The dollar rose on Tuesday, led by gains against the yen and Swiss franc, as risk appetite improved and Wall Street’s main indexes advanced, helping the U.S. currency stabilize after recent declines.The outlook for the dollar, however, remains murky due to global trade tensions. The greenback has lost 2 percent so far this year.“At the moment, support from high exp...Read More

Graham Lumsden, chief executive of Motif Bio Plc (LON:MTFB, NASDAQ:MTFB), tells Proactive's Andrew Scott they've initiated a rolling submission of a new drug application to the US Food & Drug Administration for iclaprim.The new drug application (NDA) for their flagship next-generation antibiotic for the treatment of acute bacterial skin and skin structure infections (ABSSSI) is expected to be...Read More

SAN FRANCISCO (Reuters) - The San Francisco Federal Reserve Bank will appoint a committee in the next few days to conduct a “full-blown search throughout the world” for a new president, the bank’s chair Alex Mehran said on Tuesday.“Diversity will be a key factor” in the search for a leader to succeed John Williams, who on Tuesday was named as the next chief of the New...Read More

NEW YORK (Reuters) - U.S. stocks rebounded on Tuesday after crashing through key technical levels in the previous session but investors were still worried that Wall Street’s three major indexes could eventually turn lower and fall through their next support levels.Investors had fled on Monday after S&P 500 breached its 200-day moving average and closed below it for the first time since J...Read More

WASHINGTON (Reuters) - The Trump administration is postponing until September a summit with Gulf Arab leaders that had been planned for this spring amid an ongoing dispute between Qatar and other U.S. allies in the region, according to five U.S. officials.The decision to delay the May summit with the six-nation Gulf Cooperation Council reflects a crowded diplomatic calendar, and the fact that Pres...Read More

SANTIAGO, April 3 (Reuters) - Caserones copper mine in Chile said on Tuesday that it would temporarily shut down its copper concentrator in order to replace a leaking pipe.The Environmental Tribunal of Antofagasta, a province of Chile's northern mining region, asked Lumina Copper, which owns the mine, to shut down the processing plant for 15 days following a tailings spill into a nearby river, Cas...Read More

Shares of the Snapchat parent are pacing for their seventh straight lossIt's a broad-based rebound on Wall Street today, with the major U.S. benchmarks pacing for a positive session. Among individual stocks making notable moves are Model 3 maker Tesla Inc (NASDAQ:TSLA), Snapchat parent Snap Inc (NYSE:SNAP), and drugmaker Celgene Corporation (NASDAQ:CELG). Here's a closer look at what's moving shar...Read More

NICKEL TARGET LEVEL TODAYNickel Target Level – Nickel Mcx Buy Carry Call 398 Advised for 2 lot at 877 Achieved 1st Target 886. (Made 886.50 high) Total profit of 9 x 2 lot = 18 PointsTIPS ID 398 : Nickel Carry Call - BUY Mcx Nickel at CMP 877.0 for Target 886 - 892 with SL below price 867. High Risk taker trade 2 lotsAFTER POST CONTENT Read More

Gold bears are trying to keep the market below the $1,330 mark.  Investors are disregarding the protectionist threats and the US Dollar gains value. Gold is trading at around 1,329.31.70 down 0.89% on Tuesday as investors momentarily shrug off the risk-off sentiment ignited on Monday with renewed fears of trade wars between the US and China. Earlier this week, China retaliated to...Read More

Andrew Lloyd, president of Corero Network Security PLC (LON:CNS), tells Proactive they've secured several new orders for their cybersecurity technologies to the tune of US$1.2mln.Lloyd says the orders include two for their SmartWall Threat Defense technology with a cloud-based web development customer and a digital enterprise customer, worth US$0.3mln and US$0.2mln respectively.Corero's also recei...Read More

LONDON/NEW YORK (Reuters) - Spotify Technology SA (SPOT.N) shares surged following the largest-ever direct listing on Tuesday, giving the world’s leading streaming music service a market value of nearly $30 billion.Shares opened at $165.90, up nearly 26 percent from a reference price of $132 a share set by the on the New York Stock Exchange late on Monday.Spotify’s unusual route to pub...Read More

NEW YORK (Reuters) - The Environmental Protection Agency has exempted one of the nation’s largest oil refining companies, Andeavor (ANDV.N), from complying with U.S. biofuels regulations - a waiver historically reserved for tiny operations in danger of going belly up, two sources familiar with the matter told Reuters.The exemption, which applies to the three smallest of Andeavor’s ten...Read More

Nickel Tips – nickel Sell call 3dc given at 877 Sudden Jump Makes SL hit at price 883. Total 6 Points Per lot SL hit in Nickel3dc : Nickel - SELL 2 lot Nickel at CMP 877 for Target 870 - 865 with SL Above price 883AFTER POST CONTENT Read More