SHANGHAI, Feb 28 (SMM) - China’s official manufacturing purchasing managers’ index (PMI) stood at 50.3 in February, down from 51.3 in January, according to data released by the National Bureau of Statistics on Wednesday February 28. The country’s non-manufacturing PMI this month stood at 54.4, down from 55.3 in January.  For editorial queries, please contact Daisy Tseng...Read More

U.S. consumer confidence jumped to a 17-year high as optimism about employment prospects grew and Americans began seeing additional money in their paychecks from recently enacted tax cuts, data from the New York-based Conference Board showed Tuesday.Highlights of Consumer Confidence (February)Confidence index rose to 130.8 (est. 126.5), highest since Nov. 2000, from downwardly revised 12...Read More

Here Are 4 Hot Things to Know About Stocks Right Now Before Tuesday's declines, the Dow Jones Industrial Average and S&P 500 had risen for three straight sessions.The Dow remains more than 1,200 points below its all-time high set on Jan. 26.U.S. 10-year Treasury yields rose to 2.915% after Fed Chairman Jerome Powell hinted at more than three rate hikes in 2018.Consumer confidence in Feb...Read More

Fed must strike balance to avoid overheat amid low inflationHis first testimony as Fed chair sounds upbeat note on economyFed Chair Jerome Powell will tell Congress he expects rates to rise. Bloomberg's Mike McKee reports.Jerome Powell opened the door to the Federal Reserve raising U.S. interest rates four times this year as he acknowledged stronger economic growth may prompt policy makers to reth...Read More

Orders for business equipment at U.S. factories unexpectedly fell for a second month, a sign that demand is cooling from its hot pace in recent quarters, a Commerce Department report showed Tuesday.Highlights of Durable Goods (January)Non-military capital goods orders excluding aircraft declined 0.2% (est. up 0.5%) after falling 0.6% the prior month Shipments of those goods, wh...Read More

Jack ChanPosted Feb 27, 2018GLD – on sell signal.***SLV – on sell signal.***GDX – on sell signal.***XGD.TO – on sell signal.***CEF – on sell signal.***GDXJ – on sell signal.***Speculation is in bull market values.Data is supportive for overall higher prices.This is a massive bottoming pattern four years in the making.SummaryLong term – on major buy signal....Read More

Evolution CEO says hedge fund made valid points on industryGeneralist investors scarred by gold miners' mistakes: KleinJake Klein, Evolution Mining chairman and co-founder, says that gold giants must change to woo scarred investors. Billionaire hedge-fund manager John Paulson is right to press top gold producers to avoid repeating their bad deal-making habits as prices press higher after notc...Read More

Recent volatility shouldn't weigh on U.S. economy: PowellDollar rises for a second day, reducing appeal of commoditiesFed Chair Jerome Powell will tell Congress he sees interest rates rising gradually. Bloomberg's Mike McKee reports.Gold and copper futures fell as the dollar was buoyed by a statement from Federal Reserve Chairman Jerome Powell that signaled U.S. policy makers will keep on graduall...Read More

5 Hot Things to Know About Stocks Right Now Comcast swoops in with $31 billion bid for Britain's Sky plc in challenge to 21st Century Fox.Akorn plunges after Fresenius warns that alleged data breach could hamper takeover.Bond yields, dollar reverse course, climb higher as Powell hints at gradual rate hikesEuropean stocks slide, but media shares shine on takeover speculation.China stocks hold dow...Read More

SHANGHAI, Feb 28 (SMM) - China’s official manufacturing purchasing managers’ index (PMI) stood at 50.3 in February, down from 51.3 in January, according to data released by the National Bureau of Statistics on Wednesday February 28. The country’s non-manufacturing PMI this month stood at 54.4, down from 55.3 in January.  For editorial queries, please contact Daisy Tseng...Read More

SHANGHAI, Feb 28 (SMM) - China’s official manufacturing purchasing managers’ index (PMI) stood at 50.3 in February, down from 51.3 in January, according to data released by the National Bureau of Statistics on Wednesday February 28. The country’s non-manufacturing PMI this month stood at 54.4, down from 55.3 in January.  For editorial queries, please contact Daisy Tseng...Read More

The latest news and price moves to start the Asian day on Wednesday February 28.Base metals prices on the London Metal Exchange were mostly lower at the close on Tuesday February 27, with the dollar index surging to its highest level since the start of the month. Read more in our live futures report.Here are how LME prices looked at Tuesday's close:Comex copper prices were again trading in negativ...Read More

I often talk about long-term investing - the idea of buying something and then "forgetting about it" for a decade or two.Even though it's harder than it sounds, there's no doubt it can produce amazing results.I was recently reminded of that fact when I moved into my new house here in Santa Barbara.No, I'm not talking about the house itself, even though I plan on owning it for the next 20 or 30 yea...Read More

The recent stock market carnage has dominated the top story slot at most financial news outlets this month.Pundits have thoroughly enjoyed speculating over what caused the February market swoon. So far, they've blamed volatility traders, rate hikes, fears of a government shutdown - all the usual suspects. But in truth, the market had simply grinded higher without a correction for too long.We're...Read More

The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canap?(C) and wine reception. Details on the presenting companies can be found below. This event is suitable for the following:Sophisticated & private investors, private client brokers, fund managers, financial instit...Read More

Evolution CEO says hedge fund made valid points on industryGeneralist investors scarred by gold miners' mistakes: KleinJake Klein, Evolution Mining chairman and co-founder, says that gold giants must change to woo scarred investors. Billionaire hedge-fund manager John Paulson is right to press top gold producers to avoid repeating their bad deal-making habits as prices press higher after notc...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellFormer Vancouver broker Ula Hartner has accepted an 18-month suspension and $45,000 in financial penalties from the Investment Industry Regulatory Organization of Canada for excessive trading. IIROC said that she placed scores of orders in the account...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for April delivery gained 36 cents to $63.91 on the New York Merc, while Brent for April gained 19 cents to $67.50 (all figures in this para U.S.). Western Canadian Select traded at a discount of $28 to W...Read More

TSX VENTURE: SEKwww.secovametals.com Mr. Bradley Kitchen reports:Vancouver, British Columbia--(Newsfile Corp. - February 27, 2018) - Secova Metals Corp. (TSXV: SEK) (FSE: N4UN) (OTC: SEKZF) ("Secova" or the "Company") is very pleased to announce that the Company has acquired 1151640 B.C. Ltd., a private B.C. Company which sole assets are the Muskrat, Boudrais and Peribonka-Begin Cobalt Projects th...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange rose a fraction to 826.87 Monday. Shell graduate and Namibian lithium explorer Desert Lion Energy Inc. (DLI) began trading today. It reached an intraday high of $2.35 before closing at $2 on 303,000 shares. Des...Read More