WASHINGTON (Reuters) - The U.S. Federal Reserve said on Friday its remittances to the U.S. Treasury fell to $80.6 billion in 2017, in part because the central bank made larger interest payments to financial institutions.The Fed regularly transfers its profits, known as remittances, to the Treasury Department in what amounts to payments to U.S. taxpayers.In 2016, the Fed sent $91.5 billion to the T...Read More

BEIJING (Reuters) - China’s Defence Ministry said on Friday the United States had seriously harmed the country’s sovereignty and security after a U.S. Navy destroyer carried out a “freedom of navigation” operation in the disputed South China Sea.Provocative behavior by the United States will only cause the Chinese military to strengthen its defense capabilities, the ministr...Read More

Red Hat stock touched a record high two weeks agoShares of Red Hat Inc (NYSE:RHT) are up 0.8% to trade at $152.20, after BMO raised its price target on the software stock to $172 from $142. This was the fifth price-target hike issued to RHT stock this week, and following this flurry of brokerage attention, Red Hat is slated to report fourth-quarter earnings after the close on Monday. Historically...Read More

(Reuters) - Nike and energy companies led modest gains in U.S. stocks on Friday, amid lingering fears of a trade war, although a Micron-led slump in semiconductor companies kept gains in check.The Dow Jones Industrial Average was modestly higher, helped by Nike and as industrial stocks gained after a bruising day on Thursday when the United States moved to impose tariffs on up to $60 billion of Ch...Read More

   •  Global trade war fears trigger global risk aversion trade and underpin safe-haven demand.   •  Faltering USD provides an additional boost and remains supportive of the strong up-move.  Gold held on to its daily gains to over 1-month tops and is currently placed at over 1-month tops ahead of the US data. The US President Donald Trump's move tow...Read More

WASHINGTON, March 23 (Reuters) - U.S. House of Representatives leaders have no plans to call members back to Washington for a special session in response to President Donald Trump's surprising threat to veto legislation funding the government and averting a federal shutdown, a senior House aide said on Friday.The House and Senate have begun a two-week spring recess after hurriedly passing in the p...Read More

Alastair Ford from Mining Capital discusses the Fed's recent rate rise and what it means for markets.As fears of a trade war build amidst continuing threatening rhetoric and posturing on tariffs from US President Donald Trump,  investors might flock to the safe haven asset of gold.Meanwhile, easing of the Indigenisation and Economic Empowerment Act in Zimbabwe is poised to deliver a boon to m...Read More

A positive earnings reaction for Nike is a bright spot on the day, thoughIt's been a wild ride on Wall Street today, with the Dow Jones Industrial Average (DJI) exploring a nearly 267-point range on both sides of breakeven. Most recently, the blue-chip index was seen trading lower, asuncertainty surrounding a possible government shutdown after President Donald Trump threatened to veto an omnibus...Read More

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FREE ZINC TIPS TODAYFree Zinc Tips – Zinc Sell call 207, Advised at price 209.40 Achieved 1st Target 208.50. CMP 208.40. Total 1 Points per lot profit in Zinc tipsTIPS ID 207 : Zinc Calls - SELL Zinc at CMP 209.40 for Target 208.50 - 207.60 with S L Above 210.60AFTER POST CONTENT Read More

"In 2017 we had a 100% success rate," an ebullient Paul Welch told Proactive.The SDX Energy (LON:SDX CVE:SDX) chief executive today reported revenues tripled in an 'exceptional year' that included the Circle Oil acquisition and additional assets added to Morocco and Egypt.SDX is looking at another 'fantastic' year in 2018, he added.  Meet ANGLE plc, Faron Pharmaceuticals Ltd, Alliance Pharma...Read More

(Kitco News) - Amid the threat of a tradewar breaking between the U.S. and China, Wall Street and Main Street alike lookfor gold prices to continue their rally next week.The yellow metal rosesharply this week and by late Friday morning was up some $40 from the lows ofTuesday. The first leg higher came when the Federal Reserve did not appear tobe signaling any increase in policymakers’ pace o...Read More

(Kitco News) - Amid the threat of a trade war breaking between the U.S. and China, Wall Street and Main Street alike look for gold prices to continue their rally next week.The yellow metal rose sharply this week and by late Friday morning was up some $40 from the lows of Tuesday. The first leg higher came when the Federal Reserve did not appear to be signaling any increase in policymakers’ p...Read More

NEW YORK (Reuters) - Volatility in U.S. equity markets this year is pushing investors not only to invest in stocks abroad, but also to commit their money to an even more foreign place: the hands of stockpickers rather than index funds.A near decade of gains in U.S. stock prices has left investors on edge about the prospect that anything could end the party, including the prospect of interest rate...Read More

WASHINGTON (Reuters) - The United States on Friday charged nine Iranians and an Iranian company with attempting to hack into hundreds of U.S. and international universities, dozens of companies and parts of the U.S. government on behalf of the Tehran government.The cyber attack pilfered more than 31 terabytes of academic data and intellectual property from 144 U.S. universities and 176 universitie...Read More

WASHINGTON (Reuters) - The leaders of the U.S. House Energy and Commerce Committee on Friday wrote Facebook Inc (FB.O) chief executive Mark Zuckerberg detailing new concerns about the social media company’s use of data and formally requesting that he testify at a future hearing.“The hearing will examine the harvesting and sale of personal information from more than 50 million Facebook...Read More

The stocks initially jumped on rumors the companies could potentially combineShares of Kroger Co (NYSE:KR) and Target Corporation (NYSE:TGT) popped at the open after a Fast Company report suggested the two retailers were in merger talks -- following last year's purchase of Whole Foods by Amazon (AMZN). Both KR and TGT have since pared a portion of their earlier gains after CNBC nixed the takeover...Read More

Options activity has been very bearish on PFE Blue chip pharma name Pfizer Inc. (NYSE:PFE) is trading lower today following news the company's anti-smoking product, Chantix, didn't meet its goals in a late-stage study. The study was aimed at adolescent smokers aged 12 through 17. As such, PFE shares are down 0.7% at $35.35, sandwiched between their year-to-date breakeven mark of $36.22 and the all...Read More

MCX ZINC CALLSZinc Calls – SELL Zinc at CMP 209.40 for Target 208.50 – 207.60 with S L Above 210.60AFTER POST CONTENT Read More

WASHINGTON (Reuters) - New orders for key U.S.-made capital goods rebounded more than expected in February after two straight monthly declines and shipments surged, which could temper expectations of a sharp slowdown in business spending on equipment in the first quarter.The Commerce Department's report on Friday could prompt economists to raise their economic growth estimates for the first three...Read More