Carube Copper Corp. (TSXV: CUC) (the 'Company') announces today that its current Board of Directors has proposed a slate of directors for the upcoming Special and Annual General Meeting scheduled for May 24th, 2018. The Board has also appointed Tony Houston as interim CEO and President of the company.Read full newsRead More
WASHINGTON (Reuters) - Conservative commentator Larry Kudlow has emerged as a strong contender to succeed Gary Cohn as President Donald Trump’s top economic adviser, a source familiar with the matter said on Monday.Kudlow, a CNBC contributor, is a long-time friend and informal adviser to Trump. It was unclear how soon Trump would make up his mind.Chris Liddell, a former executive at Microsof...Read More
NEW YORK (Reuters) - U.S. national security adviser H.R. McMaster said on Monday that Washington is optimistic about an opportunity for President Donald Trump to meet with North Korean leader Kim Jong Un but is determined to keep up pressure on Pyongyang to denuclearize.“We may be able to pursue a diplomatic solution to the complete denuclearization of the Korean Peninsula. So we’re de...Read More
WASHINGTON (Reuters) - President Donald Trump spoke on Monday with Canadian Prime Minister Justin Trudeau about the steel and aluminum import tariffs Trump announced last week, the White House said.Trump also emphasized the importance of quickly concluding ongoing negotiations on the North American Free Trade Agreement (NAFTA)“to ensure the vitality of United States and North American manufa...Read More
William SchombergLONDON (Reuters) - Britain’s finance minister is expected to announce on Tuesday a modest improvement in the country’s slow economic growth outlook in the run-up to Brexit, raising the prospect that he might relax his grip on public spending later this year.But Philip Hammond will use a half-yearly update on the public finances to stress that his priority remains to ea...Read More
BRASILIA (Reuters) - U.S. President Donald Trump’s decision to slap tariffs on imported steel and aluminum could spark retaliation from other countries and lead to unforeseen consequences, the head of the World Trade Organization said on Monday.“You know when it starts but not how it will turn out” when countries engage in mutual retaliation, WTO Director-General Roberto Azev&eci...Read More
Allison LampertMONTREAL (Reuters) - Canadian Prime Minister Justin Trudeau promised aluminum and steelworkers on Monday he would defend them against possible U.S. tariffs and called U.S. President Donald Trump to stress that“mutually beneficial” cross-border supply chains should be preserved.Trump said last week he would impose import tariffs of 25 percent on steel and 10 percent for a...Read More
CloseGain/LossGold $1323.70+$0.20Silver$16.55-$0.03XAU79.67+0.98%HUI174.41+0.86%GDM607.04+0.60%JSE Gold1105.94-20.68USD89.88-0.25Euro123.42+0.34Yen94.06+0.37Oil$61.36-$0.6810-Year2.867%-0.030T-Bond144.75+0.59375Dow25178.61-0.62%Nasdaq7588.32+0.36%S&P2783.02-0.13% The Metals: Gold fell $9.10 to $1314.40 at about 8AM EST, but it then rallied back higher throughout most of trade in New York a...Read More
- Recent stock market selloff showed gold can deliver returns and reduce portfolio risk- Gold's performance during stock market selloff was consistent with historical behaviour- Gold up nearly 10% in last year but performance during recent selloff was short-lived- The stronger the market pullback, the stronger gold's rally- WGC: 'a good time for investors to consider including or adding gold as...Read More
Focus in on retaliation measures after Trump's tariff. Traders have ignored the exceptional US February nonfarm payroll numbers. Global stock markets are expected to rise. Sentiment for the US dollar is still weak. Now the focus will be on the FOMC meet. The pace of interest rate hikes is the key and not the actual hike. An early Easter (in March) does have temporary economic implications. I b...Read More
- Recent stock market selloff showed gold can deliver returns and reduce portfolio risk- Gold's performance during stock market selloff was consistent with historical behaviour- Gold up nearly 10% in last year but performance during recent selloff was short-lived- The stronger the market pullback, the stronger gold's rally- WGC: 'a good time for investors to consider including or adding gold as...Read More
Focus in on retaliation measures after Trump's tariff. Traders have ignored the exceptional US February nonfarm payroll numbers. Global stock markets are expected to rise. Sentiment for the US dollar is still weak. Now the focus will be on the FOMC meet. The pace of interest rate hikes is the key and not the actual hike. An early Easter (in March) does have temporary economic implications. I b...Read More
Qualcomm drops after deal scuttled; Texas crude retreatsWhite House moves keep investors guessing; Treasuries gainArbuthnot Latham's Perdon Says U.S. Financials a Good Place to BeU.S. equities fell for the second straight day as markets took in Tuesday’s economic and political news. The 10-year Treasury yield fell while the dollar held steady.While an inflation report reinforced the sense t...Read More
Selling pressure in gold, as well as a strong U.S. dollar, have canceled each other out to leave gold unchanged on the day. As of 3:30 PM Eastern standard time, April gold futures are currently unchanged and trading at $1,324 per ounce.Spot gold is currently fixed at $1,322.90, which is a net loss of $0.20 on the day. According to the Kitco Gold Index, a weakening U.S. dollar is adding $3.40 value...Read More
Selling pressure in gold, as well as a strong U.S. dollar, have canceled each other out to leave gold unchanged on the day. As of 3:30 PM Eastern standard time, April gold futures are currently unchanged and trading at $1,324 per ounce.Spot gold is currently fixed at $1,322.90, which is a net loss of $0.20 on the day. According to the Kitco Gold Index, a weakening U.S. dollar is adding $3.40 value...Read More
Canadian Prime Minister Justin Trudeau promised aluminum and steelworkers on Monday he would defend them against possible U.S. tariffs and called U.S. President Donald Trump to stress that "mutually beneficial" cross-border supply chains should be preserved.Trump said last week he would impose import tariffs of 25 per cent on steel and 10 per cent for aluminum, effective later this month, but exem...Read More
What are two things that all investors like? Trends and bargains. The trend is your friend. And one of the hottest trends at the moment in markets is blockchain.Investors also like bargains - for obvious reasons. That's one reason why more and more investors are turning to the Stockhouse DealRoom:...Read full newsRead More
FTSE 100 closes lowerInvestors weigh better-than-expected US jobs reportGKN reviews revised Melrose bidJust Eat slumps on broker downgrade FTSE 100 couldn't hold onto early gains and finished in the red, as sterling firmed.Britain's blue-chip benchmark closed down over nine points, or 0.13% to 7,214.FTSE 250 however fared better, gaining around 32 points at 20,117.Against the Euro, the...Read More
Rosatom announced on Monday that the Russia-China Investment Fund for Regional Development will kickstart the financing for a uranium mining project in Russia's Zabaikalsky Territory.Zabaikalsky is located in the southeastern region of Transbaikalia and has a 998-kilometre border with China and a 868-kilometre border with Mongolia. According to state-owned website Sputnik, the agreement was signed...Read More
Rosatom announced on Monday that the Russia-China Investment Fund for Regional Development will kickstart the financing for a uranium mining project in Russia's Zabaikalsky Territory.Zabaikalsky is located in the southeastern region of Transbaikalia and has a 998-kilometre border with China and a 868-kilometre border with Mongolia. According to state-owned website Sputnik, the agreement was signed...Read More