The latest news and price moves to start the Asian day on Wednesday March 28.Aluminium and nickel bucked the trend of mostly higher base metals prices on the London Metal Exchange on Tuesday March 27. Read more in our live futures report.Here are how LME prices looked at Tuesday's close:Comex copper prices recovered Tuesday morning in the United States after collapsing the prev...Read More
(Updates to U.S. equity market close)* U.S. stocks struggle to maintain momentum; tech stocks fade* Buying lifts Treasury prices even with Europe, Asia stocks higher* Reports China and U.S. quietly working to avoid trade warBy Trevor HunnicuttNEW YORK, March 27 (Reuters) - U.S. stocks sank in late trading on Tuesday, with faltering technology shares reversing a global stock rally that had swept th...Read More
(Updates to afternoon U.S. trading)* Reports China and U.S. quietly working to avoid trade war* U.S. stocks struggle to maintain momentum; tech stocks fade* Buying lifts Treasury prices even with Euro, Asian stocks higherBy Trevor HunnicuttNEW YORK, March 27 (Reuters) - U.S. stock indexes were at session lows in the last hour of trading on Tuesday as faltering technology shares threatened to rever...Read More
* European markets climb, S&P positive* Reports China and U.S. quietly working to avoid trade war* Euro reverses gain on lending data, policymaker comment (Updates to U.S. equity market open; changes dateline, previous LONDON)By Trevor HunnicuttNEW YORK, March 27 (Reuters) - Stock markets mostly gained on Tuesday as reports that the United States and China were negotiating to avert a trade war...Read More
Investing.com - Gold fell on Tuesday as the dollar was bolstered by news that China and the U.S. were negotiating a trade deal.Comex gold futures for April delivery slumped 1.02% to a five-week high of $1,341.20 a troy ounce as of 10:28 AM ET (14:28 GMT).The U.S and China are negotiating trade agreements to give the U.S. access to Chinese markets, according to various media reports.China has offer...Read More
* European markets open higher, S&P futures extend gains* Reports China and U.S. quietly working to avoid trade war* Currency investors dump dollar and yen, snap up euros (Adds European markets)By Tom PfeifferLONDON, March 27 (Reuters) - Stock markets jumped and the dollar fell on Tuesday as reports that the United States and China were negotiating to avert a trade war whetted investors' appet...Read More
Investing.com - Gold prices backed away from five-week highs on Tuesday as the dollar pushed higher and risk appetite was revived by hopes that the threat of a trade war between the U.S. and China could be averted.Gold futures for April delivery on the Comex division of the New York Mercantile Exchange slipped $3.4 or 0.26% to $1,351.70 a troy ounce by 04:40 AM ET (08:40 GMT).The U.S. dollar index...Read More
* Asia shares track Wall St rebound, Nikkei up over 2 pct* European markets seen opening higher, S&P futures extend gains* Reports China and U.S. quietly working to avoid trade war* Currency investors dump dollar and yen, snap up eurosBy Wayne ColeSYDNEY, March 27 (Reuters) - Asian share markets sprang higher on Tuesday as reports of behind-the-scenes talks between the United States and China...Read More
It's not a big deal; only around $350m, but the Oz Minerals bid for Avanco Resources is another sign that quality assets can command a premium in a copper market hungry for new supply.Glencore owns 8% which sets up the tantalizing, albeit slim, prospect of a counter offer from the world's number three copper producerOz Minerals' cash and shares offer on Tuesday was made at a 121% premium to the ru...Read More
3 Hot Things Happening in the Market Right Now Yes, Facebook (FB) is still in a bear market. The stock is down 16% from its early February high. Via @BrianSozziS&P 500 earnings estimates for the first-quarter have fallen for the third straight week, according to Yardeni Research. The S&P 500's first-quarter forecast was down to $36.13 last week from $36.20 a week earlier.The NY Auto...Read More
The latest news and price moves to start the Asian day on Wednesday March 28.Aluminium and nickel bucked the trend of mostly higher base metals prices on the London Metal Exchange on Tuesday March 27. Read more in our live futures report.Here are how LME prices looked at Tuesday's close:Comex copper prices recovered Tuesday morning in the United States after collapsing the prev...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Tuesday was a discouraging 60-104-126. The TSX Venture Exchange fell 13 points to 802 while rough diamond prices remained flat this week. Terry Tucker and Samer Khalaf's Tango Mining Inc. (TGV) g...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $8.70 to $1,344.50 on Tuesday. The TSX Venture Exchange fell 13.71 points to 802.83 while the TSX Gold Index fell 3.02 points to 187.59. Canadian gold miners lost ground today, although Detour Gold Corp. (DGC) b...Read More
Eldorado Gold releases 2017 results, 2018 guidance, and technical studies on Kisladag, Lamaque, and Skouries.The share price fell 10% on the news and further the following day.Thoughts on projections of the company's capital shortfall are fine.Before reading this piece, please visit the Eldorado Gold (EGO) website to acquaint yourself with the company. Eldorado Gold's price to book is presentl...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange fell 13.71 points to 802.83 Tuesday. Jessica Zhang's first capital pool shell, CUP Capital Corp., has completed its qualifying transaction, which is the acquisition of German Battery & Lighting Technologies...Read More
NUGT is breaking out higher.Broad market uncertainty is increasing.Using NUGT stock and options could add non-correlated exposure to the portfolio.With gold prices breaking higher amid an uncertain macroeconomic environment, adding long exposure to Direxion Daily Gold Miners Bull 3X ETF (NUGT) could be an attractive play going forward. I wrote an article earlier in the month advocating for NUGT ex...Read More
I see insider buying as mostly a positive sign; it implies that insiders are bullish on company stock and think the price will rise.I think it's more noteworthy when a small junior gold miner has insider buying, rather than a huge senior gold producer.Here are five gold stocks with recent insider buying, with buy/hold/sell recommendations available to subscribers.5 Gold Stocks With Recent Insi...Read More
The latest news and price moves to start the Asian day on Wednesday March 28.Aluminium and nickel bucked the trend of mostly higher base metals prices on the London Metal Exchange on Tuesday March 27. Read more in our live futures report.Here are how LME prices looked at Tuesday's close:Comex copper prices recovered Tuesday morning in the United States after collapsing the prev...Read More
Gold sends a signal.Silver is a volatile metal.The buyers will eventually come back to the silver market.Technical levels in silver can be misleading.Three reasons that silver is getting ready to make a move higher.Silver can be the most volatile metal in the precious metals sector as it tends to post the most significant price changes on a percentage basis. Throughout history, silver has made som...Read More
Investing.com - Gold prices backed away from five-week highs on Tuesday as the dollar pushed higher and risk appetite was revived by hopes that the threat of a trade war between the U.S. and China could be averted.Gold futures for April delivery on the Comex division of the New York Mercantile Exchange slipped $3.4 or 0.26% to $1,351.70 a troy ounce by 04:40 AM ET (08:40 GMT).The U.S. dollar index...Read More