LIMA, Feb 8 (Reuters) - Peru's central bank held the benchmark interest rate at 3 percent as expected on Thursday, but noted that economic growth was still below potential after its 25-basis point rate cut last month.Nine analysts had predicted the rate hold in a Reuters poll this week, with the remaining three analysts forecasting a fresh reduction to 2.75 percent. The central bank cited disappoi...Read More
* Asia's pain threshold is when 10-year U.S. Treasuries hit 3 pct* Real-money investors worry more about longer-term dollar funding* Goldilocks scenario at risk from rising inflation expectations By Vidya RanganathanSINGAPORE, Feb 9 (Reuters) - If this week's selloff in global equity markets is any guide, then Asia's frothy debt and stock markets have reason to be on edge over the steady rise in...Read More
Angkor Gold Corp. (TSXV:ANK) (OTC:ANKOF) ("Angkor" or "the Company") Executive Chairman Mike Weeks is pleased to announce the continuation of Angkor's exploration program at Halo on its Oyadao South license in conjunction with its exploration partner, Japan Oil, Gas and Metals National Corporation ("JOGMEC").Read full newsRead More
Enforcer Gold Corp ('Enforcer' or the 'Company') (TSX-V: VEIN; FSE: N071) is pleased to announce it has further refined drill targets for its 1,500 m diamond drilling program on the newly discovered OR79 zone at the Company's Montalembert gold project.Read full newsRead More
(Kitco News) - Current market conditions and gold prices suggest the metal is about to breakout, says one former Bear Stearns analyst.“[I]t looks to me like it could now get really exciting for gold bulls,” Jesse Felder, publisher of the Felder Report investment newsletter, said in a report released Thursday.“On the weekly chart there is now a clear head and shoulders bottom patt...Read More
(Kitco News) - Current market conditions and gold prices suggest the metal is about to breakout, says one former Bear Stearns analyst.“[I]t looks to me like it could now get really exciting for gold bulls,” Jesse Felder, publisher of the Felder Report investment newsletter, said in a report released Thursday.“On the weekly chart there is now a clear head and shoulders bottom patt...Read More
VANCOUVER, Feb. 7, 2018/ PRNewswire/- HashChain Technology Inc. today announced that NODE40, LLC has activated support for Coinbase account holders. NODE40 is a New York based blockchain technology company bringing best-in-class tax compliance to cryptocurrency traders globally. Then, the capital gains, or losses, are carried into Form 8949, which can be sent...Read full newsRead More
FTSE 100 closes 108pts lowerFTSE 250 down 364 ptsPounds jumps versus dollar, euroBank of England keeps rates on hold, but bets rise for May hike FTSE 100 finished firmly in the red as the strong pound weighed after the Bank of England's hawkish comments on rate rises.The premier bluechip index closed down over 108 points at 7,170, while FTSE 250, the more UK company focused index, crash...Read More
* Dow, S&P 500 down more than 10 pct from Jan. 26 record highs* Bond yields add to rate worries* BOE's hawkish message lifts sterling, gilt yields* Sentiment in stock markets remains frail (Updates with closing U.S. markets' levels)By Caroline ValetkevitchNEW YORK, Feb 8 (Reuters) - The selloff in world stock indexes deepened on Thursday, with the fall in U.S. stocks confirming a correction fo...Read More
(Releads with result of equity placement)By Alan CharlishFeb 8 (Reuters) - Umicore SA said on Thursday it raised 892 million euros($1.09 billion) in an equity placement which will be used in part to fund investments in its fast-growing rechargeable battery materials business.The new shares, which represent 10 percent of the number of outstanding shares prior to the transaction, were sold at 39.80...Read More
* Canadian dollar at C$1.2601 or 79.36 U.S. cents* Bond prices largely higher across yield curve (Adds quote, updates prices)Feb 8 (Reuters) - The Canadian dollar touched a six-week low against the greenback on Thursday as oil prices tumbled and a renewed sell-off in domestic and U.S. stock markets prompted investors to proceed with caution.Commodity-linked currencies, such as the Canadian dollar...Read More
By Noel RandewichSAN FRANCISCO, Feb 8 (Reuters) - Many of the stocks that have gotten off most lightly during the waves of selling on Wall Street this week are those standing to benefit from consumers with more buying power, like Amazon.com and Netflix . The S&P 500 consumer discretionary index's 4 percent drop on Thursday was worse than the S&P 500's 3.75 percent fall, but over the past w...Read More
Dr. Morgan Poliquin reportsALMADEX RECEIVES FINAL EL COBRE ASSAYS FROM 2017Almadex Minerals Ltd.has received the final assay results from the final 2017 drill holes EC-17-043 (Raya Tembrillo) and EC-17-044 (El Porvenir). The Raya Tembrillo area is the very northern part of the large Villa Rica zone of the El Cobre property and is located approximately two kilometres south of the Norte zone, where...Read More
Dr. Morgan Poliquin reportsALMADEX RECEIVES FINAL EL COBRE ASSAYS FROM 2017Almadex Minerals Ltd.has received the final assay results from the final 2017 drill holes EC-17-043 (Raya Tembrillo) and EC-17-044 (El Porvenir). The Raya Tembrillo area is the very northern part of the large Villa Rica zone of the El Cobre property and is located approximately two kilometres south of the Norte zone, where...Read More
NEW YORK, Feb 8 (Reuters) - U.S. fund investors sucked $23.9 billion out of the stock market during the most recent week, marking the largest withdrawals from those funds on record, Lipper data showed on Thursday.The withdrawals from U.S.-based equity mutual funds and exchange-traded funds took place during the week ended Feb. 7, according to the research service. Their records date back to 1992....Read More
Canuc Resources Corporation (TSXV: CDA) ('Canuc' or the 'Company') is pleased to announce initial results from a recently completed surface rock sampling program conducted at the Carranza and Lydia zones on the Company's San Javier project, Sonora, Mexico.Read full newsRead More
Arizona Silver Exploration Inc. (the 'Company' or "Arizona Silver") (TSXV:AZS) (OTCQB:AZASF) announces that it has been approved to trade on the OTCQB (R), Venture Market for qualified companies.Read full newsRead More
By Karl PlumeCHICAGO, Feb 8 (Reuters) - Cheap U.S. corn prices, a weaker dollar and concerns about South American production have revived slumping U.S. corn exports that just a month ago appeared to be limping toward their steepest year-on-year slide in a decade.U.S. corn futures scaled to a 5-1/2 month high on Thursday on the robust demand, which is likely to continue through the spring and may s...Read More
(Adds details, stocks, updates prices)Feb 8 (Reuters) - Canada's main stock index tumbled on Thursday, ending at its lowest level in nearly five months as a sell-off on Wall Street deepened and as a drop in oil prices hit energy shares.* The Toronto Stock Exchange's S&P/TSX composite index ended down 264.97 points, or 1.73 percent, at 15,065.61.* After trading little changed earlier in the se...Read More
The Dow made another outsized move today, eventually spiraling to a 1,000-point loss and entering correction territory. It was a similar setup on the S&P 500 and Nasdaq, too, which each lost more than 3%. Stocks were againrocked bya big spike in volatility, with the VIX jumping back atop the 30 handle. The risk-off session was sparked by more fears of rising interest rates -- with the 10-year Trea...Read More