Gold continues upward on the trend reversal following the 2016 election.The outlook for increasing deficits and debt is bullish for the precious metal.Geopolitical risks are rising as Trump replaces administration diplomats with "hard-liners".Meantime, China's new yuan based oil futures contract could put more pressure on the American "petrodollar". Source: APMEX The outloo...Read More
The forecast that we made on September 28, 2017, indicated that the targets for gold in 2018 were bullish and were in the $1,386 to $1,484 range.If we look at the gold market, we have been in a trading range until recently of about $50, and we recently broke out of this trading range.The VC PMI is identifying that we have entered a level of supply and overbought conditions short term.Looking Back?...Read More
MCX LEAD TIPS TODAYMcx Lead Tips – SELL Lead Mini at CMP 152.20 for Target 151.10 – 150.50 with SL Above price 153.25AFTER POST CONTENT Read More
COPPER HOLD POSITIONAL CALLCopper Hold Positional Call 1da Suggested SELL at Price 446 Achieved 1st Target 430. CMP 428. Total Profit made 18 Point x 2 lot = 36 Points / Rs 36000TIPS ID 1da : Copper Positional Call - SELL Copper Mcx April at CMP 446 for Target 430 - 425 with SL Above price 453. Trade Multi lotsAFTER POST CONTENT Read More
(Kitco News) - Gold pricesare modestly up and hit a five-week high in mid-morningtrading Monday. After some overnight weakness, traders stepped in to buy thedip in prices. The gold market is also getting a lift from a weaker U.S. dollartoday, as the U.S. dollar index has dropped to a five-week low. Aprilgold waslast up $2.60 an ounce at $1,352.60. By Jim Wyckoff For Kitco NewsFollow @jimwyckoffjwy...Read More
BEIJING (Reuters) - Premier Li Keqiang said on Monday China and the United States should maintain negotiations and he reiterated pledges to ease access for American businesses, as China scrambles to avert a trade war.Li told a conference that included global chief executives that China would treat foreign and domestic firms equally, would not force foreign firms to transfer technology and would st...Read More
Analysts aren't the only ones who are upbeat toward the Dow stockShares of Microsoft Corporation (NASDAQ:MSFT) are 4.6% higher to trade at $91.21, after the Dow stock received price-target hikes from Morgan Stanley to $130 from $110, and Evercore ISI to $110 from $108. While both stand in record-high territory, the former bull note represents expected upside of 49% to last Friday's close, with t...Read More
Finish Line stock was heavily shorted coming into todayFinish Line Inc (NASDAQ:FINL) stock is surging today, up 29% at $13.62,after British sportswear retailer JD Sports agreed to buy the company for $558 million -- or $13.50 per share -- in an all-cash deal. The news has FINL stock on track for its best day since at least 2008. Prior to today's jump, Finish Line stock had desperately needed a sh...Read More
TradeWind Markets system also backed by IEX, Goldcorp'Most important thing' to hit gold market in decades: SprottBitcoin: What's Coming in the Year AheadCryptocurrencies and the blockchain were thought by some to replace gold as the ultimate haven against financial calamity. Now the gold market is using blockchain to kick back at crypto and bring precious metals into the digital age.TradeWind Mark...Read More
(Reuters) - Wall Street's main indexes surged 1.5 percent at the open on Monday after reports that the United States and China were willing to negotiate tariffs and trade imbalances to avert a trade war.The Dow Jones Industrial Average .DJI rose 394.94 points, or 1.68 percent, to 23,928.14. The S&P 500 .SPXgained 40.73 points, or 1.58 percent, to 2,628.99. The Nasdaq Composite .IXIC added...Read More
Recent industrial closure shows automation vulnerabilitiesRead full newsRead More
FRANKFURT (Reuters) - European Central Bank inspectors found shortcomings and miscalculations worth more than 10 billion euros when going through euro zone banks’ loan books last year, the ECB said on Monday.The ECB’s annual report on its work as the euro zone’s top banking watchdog shows some banks were found to be deficient in the way they identify problem customers and loans,...Read More
Trade talks between U.S. and China reportedly point to more semiconductors purchases by BeijingDow Jones Industrial Average (DJI) futures are trading more than 360 points above fair value, as stocks look to rebound from their worst week since 2016. Traders are digesting news the U.S. and China have started trade negotiations, which reportedly includes Beijing ramping up its purchases of U.S. semic...Read More
(Kitco News)- Largespeculators slashed their bullish exposure to gold by 18% in the latest weeklydata compiled by the Commodity Futures Trading Commission, but the next roundof figures is likely to show that bulls have regained their footing after thelate-week price rally.Thedata showed a record level of bearish positioning in silver, although this isalso likely to have been scaled back by short c...Read More
(Kitco News) - Large speculators slashed their bullish exposure to gold by 18% in the latest weekly data compiled by the Commodity Futures Trading Commission, but the next round of figures is likely to show that bulls have regained their footing after the late-week price rally.The data showed a record level of bearish positioning in silver, although this is also likely to have been scaled back by...Read More
(Kitco News)- WASHINGTON (Reuters) - U.S. President Donald Trump on Monday ordered the expulsion of 60 Russians from the United States and closed the Russian consulate in Seattle over a nerve agent attack earlier this month in Britain, senior U.S. officials said.The order includes 12 Russian intelligence officers from Russia's mission to the United Nations headquarters in New York and reflects con...Read More
FRANKFURT (Reuters) - European Central Bank inspectors found shortcomings and miscalculations worth more than 10 billion euros when going through euro zone banks’ loan books last year, the ECB said on Monday.The ECB’s annual report on its work as the euro zone’s top banking watchdog shows some banks were found to be deficient in the way they identify problem customers and loans,...Read More
LONDON (Reuters) - World stocks came off six-week lows and U.S. stock futures jumped on Monday on optimism that the United States and China are set to begin negotiations on trade, easing fears about a trade war between the world’s two largest economies.MSCI’s world equity index .MIWD00000PUS, which tracks shares in 47 countries, touched its lowest level since Feb. 9 but was then buoyed...Read More
Mr. Joe Campbell reportsTERRAX ANNOUNCES C$3.0 MILLION FINANCINGTerrax Minerals Inc. has entered into an agreement with PI Financial Corp. pursuant to which the underwriter will purchase, on a bought deal basis, 3.75 million units of the company at a price of 40 cents per unit and 2,678,572 flow-through units of the company at a price of 56 cents per FT unit, to raise aggregate gross proceeds of u...Read More
Mr. Joe Campbell reportsTERRAX ANNOUNCES C$3.0 MILLION FINANCINGTerrax Minerals Inc. has entered into an agreement with PI Financial Corp. pursuant to which the underwriter will purchase, on a bought deal basis, 3.75 million units of the company at a price of 40 cents per unit and 2,678,572 flow-through units of the company at a price of 56 cents per FT unit, to raise aggregate gross proceeds of u...Read More