(Kitco News) - A gold rally is in the cards for April, said Bloomberg Intelligence commodity strategist Mike McGlone, adding that not much can get in the way of that happening.“Something unusual would have to occur for gold's primary drivers to prevent the next leg of a price rally,” McGlone said in a note published on Thursday. “The Fed's March rate hike gave increasingly compre...Read More

(Corrects line 4:should read 104.75-106.00 USD600 mln)* USD/JPY from 106.53 to 106.14 in light Tokyo trading.* Sales pick up after whatever demand at Tokyo fix sated.* Ascending 55-HMA at 106.25 pierced, pair towards 106.12 daily Ichi kijun.* Some support eyed ahead of 106.00, 104.75-105.00 USD600 mln optionexpiries.* Option expiries for mostly NY cut not all that large but enough to base?* US yie...Read More

TOKYO (Reuters) - Finance Minister Taro Aso said on Friday that Japan must avoid entering a free trade agreement (FTA) with the United States to rectify trade imbalances.Japan supports the postwar global trend of promoting multilateral trade frameworks, and the recent signing of the Trans-Pacific Partnership free trade deal was a significant development even without the participation of the United...Read More

What happened to gold in Q1 2018? Our gold price update outlines key market developments and explores what could happen moving forward.Read full newsRead More

Jonathan StempelNEW YORK (Reuters) - HSBC Holdings Plc (HSBA.L) has agreed to pay $100 million to end private U.S. litigation accusing it of conspiring to manipulate the Libor benchmark interest rate, becoming the fourth major bank to settle.The preliminary accord with “over-the-counter” investors that transacted directly with banks on a panel to determine Libor, or the London Interban...Read More

* Little demand for USD/JPY post-Tokyo fix, fix last for current fiscalyear.* Japanese importer demand not as large as thought, US yields heavy too.* Nikkei initially up following Wall St rally o/n but upside limited so far.* Tokyo sees USD/JPY marginally off from 106.53 early to 106.25.* Smattering of option expirations nearby but nothing major.* Some players already starting to hunker down for l...Read More

* Cable from 1.4096 to 1.4011 yesterday on term-end flows* Downside somewhat limited on better-than-eyed c/a deficit, M&A flows.* Japan's Takeda eyeing Ireland's Shire listed in London, CME-NEX deal.* Techs bearish however, test of ascending 55-DMA soon? At 1.3979 today.* Countdown to Brexit, some negative news inevitable? BoE hawkish?* Market likely contained in Tokyo however, Good Friday hol...Read More

** Kumho Tire Co Inc's shares jump as much as16.7 pct ahead of tyre manufacturer's decision whether to entercourt receivership** China's Qingdao Doublestar Co Ltd said inearly March that it would take over Kumho Tire, but the firm'slabour union has protested against the deal and said it willfight back against the sale ** Entering court receivership is the last thing thateverybody would want and, t...Read More

Date 3/30 (BOJ Financial Markets Department) - The Bank of Japan said it offered to buy 250 billion yen in JGBs outright with residual maturities of more than 1 year and up to 3 years from 4/3. Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, n...Read More

Date 3/30 (BOJ Financial Markets Department) - The Bank of Japan said it offered to buy 330 billion yen in JGBs outright with residual maturities of more than 3 years and up to 5 years from 4/3. Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however,...Read More

Date 3/30 (BOJ Financial Markets Department) - The Bank of Japan said it offered to buy 450 billion yen in JGBs outright with residual maturities of more than 5 years and up to 10 years from 4/3. Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however,...Read More

SHANGHAI, March 30 (Reuters) - China should take "punitive"measures against Canada if new regulations from Ottawa againstdumping of aluminium and steel target Beijing, Chinese tabloidGlobal Times said in an editorial on Friday. The widely read Global Times is run by the ruling CommunistParty's official People's Daily, although its stance does notnecessarily reflect Chinese government pol...Read More

TODAYS ALUMINIUM FREE CALLSTodays Aluminium Free Calls – Aluminium April sell call 32d given at price 131.45 Achieved 1st Target 130.35 CMP 130.10. Total Profit of 1.35 x 2 lot = 2.70 Points / Rs 13500TIPS ID 32d : Intraday Aluminium – SELL Aluminium April between 131.40 – 131.50 (CMP 131.45) Add more at price 132.10 with SL Above 132.60 for Target 130.35 – 129.70. RISK ta...Read More

TARGET ZINC CALLSTarget Zinc Calls – Zinc Intraday SELL Call 32a given at price 215.70 Achieved 1st Target 214.5 & 2nd Target 213.80. CMP 213.85. Total profit made 1.85 x 2 lot = 3.70 PointsCALL ID 32a : Today Zinc Tips - High RISK taker Sell Zinc Mini April at CMP 215.70 Add more at price 216.40 with SL Above price 217 for Target 214.5 - 213.80AFTER POST CONTENT Read More

March 30 (BOJ Financial Markets Department) - The Bank of Japan announced the following interest rates for Japan's benchmark overnight call money. weighted average rate-0.066 percent highest rate 0.001 percent lowest rate-0.086 percent Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure ac...Read More

BOJ money market operations and current account deposit (3/29)March 30 (BOJ Financial Markets Department)in billion yen 3/29 Projected Preliminary RevisedBank notes -90 -70 -70Treasury funds and others 109013301330------------------------------------------------------------------------------Market balance100012601260------------------------------------------------------------------------------Subt...Read More

29 Mar 2018China Moly today's Margin Long Amount is 30,526 (x10000) yuan, Short Selling Volume is 61 (x10000) shares. Detail information is as followsMargin long Margin Long Margin Long Short Selling Short Selling Short close Balance Amount Close Balance Volume Volume Amount Amount Volume ----------- ----------- ----------- ------------- ------------- ------------- 28...Read More

Aluminium Target – Aluminium April Sell hold call 29e given at price 132.85 Achieved 1st Target 130.50. Made 130.45. Total profit of 2.35 Points / Rs 11750TIPS ID 29e : Today Aluminium Hold Tips - SELL Aluminium APRIL at CMP 132.85 Hold for 2 days for Target small at price 130.50 - 129.60 with SL Above 133.50AFTER POST CONTENT Read More

** Japan Display Inc falls 4.1 pct to 188 yen,lowest since mid-September** Liquid crystal display maker says to discuss plan toraise 50 bln yen ($469.88 mln), including 30 billion yen throughthird-party allotment of new shares, at board meeting on Friday ** Co announcement comes after NHK carried a related reportearlier** As of previous close, stock had fallen 14 pct so far thisyear** As of 00:33...Read More

* EUR/USD soggy yesterday on term-end position adjustments, broad USD buys.* Range then 1.2284-1.2336, still soggy in Tokyo, 1.2297-1.2305, quiet.* Good Friday holidays in Asia, Europe to keep things quiet, tradinglow-key.* Ascending 55-DMA 1.2335 above, extent of topside?* Chunky option expiries NY cut today , 1.2300 E636 mln, 1.2330-70 1.2 bln.* Expirations likely to help tether, cap upside, ECB...Read More