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UPDATE 1-Asia Morning Call-Global Markets

February 26, 2018 / www.kitco.com

Feb 27 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,042.20 42.4NZX 50**8,340.53 38.81DJIA**25,709.27399.28NIKKEI**22,153.63260.85Nasdaq**7,421.46484.074FTSE**7,289.58 45.17S&P 500** 2,779.60 32.30 Hang Seng** 31,498.6 231.43SPI 200 Fut 6,04429STI** 3,555.85 22.63SSEC**3,330.2506 41.23 KOSPI** 2,457.65 6.13------------------------------------------------------------...Read More

Palo Alto Networks posts smaller quarterly loss

February 26, 2018 / www.kitco.com

Feb 26 (Reuters) - Palo Alto Networks Inc reported a smaller quarterly loss as the cyber security company added more customers to its cloud-based security services.The company's net loss narrowed to $34.9 million, or 38 cents per share, in the second quarter ended Jan. 31, from $60.6 million, or 67 cents per share, a year earlier. Revenue rose to $542.4 million from $422.6 million. (Reporting by L...Read More

UPDATE 1-Fed's Quarles says some upside risks to U.S. economic outlook

February 26, 2018 / www.kitco.com

(Adds further quote, background)WASHINGTON, Feb 26 (Reuters) - There are some upside risks to the U.S. economic outlook but the degree to which it would affect monetary policy depends on whether the potential capacity of the nation's economy is also raised, Federal Reserve Governor Randal Quarles said on Monday."There is a real possibility that some of the factors that have been holding back...Read More

Fatal accident at Caledonia's gold mine in Zimbabwe

February 26, 2018 / www.mining.com

Africa-focused Caledonia Mining Corp. (TSE:CAL) revealed Monday that one person died on February 23, following an accident at its Blanket gold mine in southwestern Zimbabwe.The fatality occurred in the Blanket Quartz Reef area of the mine, where production has been stopped. Management said they will not provide further details about the incident, as it should first be investigated by the Inspector...Read More

Fatal accident at Caledonia's gold mine in Zimbabwe

February 26, 2018 / www.mining.com

Africa-focused Caledonia Mining Corp. (TSE:CAL) revealed Monday that one person died on February 23, following an accident at its Blanket gold mine in southwestern Zimbabwe.The fatality occurred in the Blanket Quartz Reef area of the mine, where production has been stopped. Management said they will not provide further details about the incident, as it should first be investigated by the Inspector...Read More

Australian shares set for a positive start; NZ up

February 26, 2018 / www.kitco.com

Feb 27 (Reuters) - Australian shares are expected to open higher on Tuesday as risk appetite may remain supported by a strong performance on Wall Street overnight.The local share price index futures rose 0.5 percent, or 35 points, to 6,050, a 7.8-point premium to the underlying S&P/ASX 200 index close. The benchmark ended Monday up 0.7 percent.New Zealand's benchmark S&P/NZX 50 index rose...Read More

Brazilian healthcare insurer Notre Dame Interm?(C)dica files for IPO

February 26, 2018 / www.kitco.com

SAO PAULO, Feb 26 (Reuters) - Brazilian healthcare insurer Notre Dame Interm?(C)dica Participa???ues SA filed on Monday for an initial public offering on the Sao Paulo stock exchange, according to documents filed with the Brazil's securities regulator CVM.The offering will have a primary portion, in which the company will issue new shares, and a secondary portion, in which controlling shareholder...Read More

SkinBioTherapeutics 'making very good headway' in development of three key programmes

February 26, 2018 / www.proactiveinvestors.co.uk

Dr Cath O'Neill, chief executive of SkinBioTherapeutics PLC (LON:SBTX), caught up with Proactive's Andrew Scott following the release of the skin-health specialist's interim results.She says they remain on track with the development of their three flagship programmes - in particular the upcoming first human study for the cosmetic application of the compound which is planned for the third quarter o...Read More

Minnow miner Golden Queen has raised a hefty US$25m for general spending |

February 26, 2018 / bit.ly

Miner plans to reduce debt, buy more equipment for mineRead full newsRead More

US STOCKS SNAPSHOT-Wall Street rises as falling yields soothe

February 26, 2018 / www.kitco.com

NEW YORK, Feb 26 (Reuters) - U.S. stocks rose to more than three-week highs on Monday, with major indexes rising over 1 percent, as a decline in Treasury debt yields assuaged investors' concerns about rising interest rates and refocused attention on economic growth.The Dow Jones Industrial Average rose 399.01 points, or 1.58 percent, to 25,709, the S&P 500 gained 32.3 points, or 1.18 percent,...Read More

Algold Increases Gold Resources at Tijirit

February 26, 2018 / bit.ly

Algold Resources Ltd. (TSXV:ALG) (the "Corporation") today announced an updated mineral Resource Estimate, prepared in accordance with the reporting guidelines as set out in National Instrument 43-101 - Standards of Disclosure for Mineral Projects ('NI 43-101') as required by the Canadian Securities Administrators, for its Tijirit Property ("Tijirit" or "the Property") in Mauritania.Read...Read More

TREASURIES-U.S. bond yields slip before Fed's Powell testimony

February 26, 2018 / www.kitco.com

* Traders await clues from Fed's Powell testimony before Congress* U.S. 10-year yield holds below 4-year peak* Fed's Bullard worry about further U.S. rate increases* U.S. new home sales hit 5-month lows (Updates market action, adds quote)By Richard LeongNEW YORK, Feb 26 (Reuters) - U.S. Treasury yields fell on Monday as traders reduced their bearish bond positions in advance of new Federal Reserve...Read More

White House says it is up to China to decide on its presidential term limits

February 26, 2018 / www.kitco.com

WASHINGTON, Feb 26 (Reuters) - The White House said on Monday it was up to China to decide whether to do away with presidential term limits after the country's ruling Communist Party made a proposal on Sunday that would allow President Xi Jinping to stay in office indefinitely."That's a decision for China to make about what's best for their country," White House spokeswoman Sarah Sanders...Read More

FOREX-Dollar gains vs most currencies ahead of Powell testimony

February 26, 2018 / www.kitco.com

* Powell testimony, central banker speeches keep markets edgy* Traders brace for German, Italian political developments (Adds comment, updates table, prices in text)By Gertrude Chavez-DreyfussNEW YORK, Feb 26 (Reuters) - The dollar rose against most currencies, except the euro, in choppy trading on Monday ahead of a slew of U.S. economic data and events this week, including Federal Reserve Chairma...Read More

Mount Burgess Mining keen to advance work at 'promising' Botswana deposits

February 26, 2018 / www.proactiveinvestors.co.uk

Nigel Forrester, chairman and managing director at Mount Burgess Mining NL (ASX: MTB) runs Proactive through their two key deposits in Botswana - Kihabe and Nxuu.Forrester says the Kihabe deposit is partially oxidised in the top portion and is about 2.4 kilometres long.He adds the bottom section is sulphide so they'll have two different processes of treatment there.''The Nxuu deposit which is seve...Read More

Gold edged up on weaker US Dollar

February 26, 2018 / www.fxstreet.com

Gold is also supported by weakness in the US Dollar. The US Federal Reserve is likely to remain upbeat on the outlook for both the economy and inflation.  Gold is now trading around $1,335 in New York session, edging up by 0.35% on renewed concern about the US inflation and a weaker US dollar on Monday. Gold rose to1,341earlier on Monday but was sold after the optimistic comments by St. Lou...Read More

ABLV owners to liquidate bank to protect assets and clients

February 26, 2018 / www.kitco.com

STOCKHOLM, Feb 26 (Reuters) - The owners of Latvia's ABLV Bank, accused by U.S. authorities of large-scale money laundering, have decided to liquidate the lender after the European Central Bank said on Saturday it would be wound up, ABLV told Reuters on Monday. Main owners Ernests Bernis and Olegs Fins, who each hold stakes of 43.5 percent, believe liquidation is the best way ensure the protection...Read More

AA PLC left in the lay-by after Berenberg says turnaround plan has stalled

February 26, 2018 / www.proactiveinvestors.co.uk

German bank Berenberg has slashed its target price for roadside recovery outfit AA plc (LON:AA) from 100p to 65p.The rating was already 'sell' so there is no change there and the bank offers little prospect of change in the near-term, either, in a research note headed "a long road to recovery"."When the AA went public in 2014, its investment case focused on reversing declines in paid personal memb...Read More

Iron ore price jumps to 10-month high

February 26, 2018 / www.mining.com

Steelmaking raw materials made strong gains on Monday as Chinese mills, responsible for half the world's steel output, on the back of speculations that the certain provinces may extend steel supply curbs beyond the winter.The Northern China import price of 62% Fe content ore gained just under 1% to the highest since April trading at $79.95 per dry metric tonne according to data supplied by The Ste...Read More

Options Market Pricing in Massive Post-Earnings Move for Square Stock

February 26, 2018 / www.schaeffersresearch.com

Mobile payment device concern Square Inc (NYSE:SQ) is set to report fourth-quarter earnings after the close on tomorrow. SQ stock has had a stellar year on the charts, picking up over 160%. At last check, shares of the payment concern were trading up 4% at $46.48 -- a mere stone's throw from a fresh record high. What's more, Square stock has ended higher the day after earnings in five of the past...Read More

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