For best results when printing this announcement, please click on link below: Vancouver, Jan. 31, 2018 (GLOBE NEWSWIRE) -- NGEx Resources Inc. ("NGEx" orthe "Company") (TSX: NGQ; NASDAQ Stockholm: NGQ), reports the followingshare capital and voting rights update in accordance with the SwedishFinancial Instruments Trading Act.As a result of the issuance of 12,500,000 common shares, pursua...Read More
(Adds dealer quotes and details on Fed decision and Trudeau comments, updates prices)* Canadian dollar at C$1.2300, or 81.30 U.S. cents* Loonie touches its strongest since Sept. 20 at C$1.2250* Currency rises 2.3 percent in January* 2-year yield touches its highest in 6-1/2 years By Fergal SmithTORONTO, Jan 31 (Reuters) - The Canadian dollar rose to a four-month high against its U.S. counterpart...Read More
SYDNEY, Feb 1 (Reuters) - Australian manufacturers enjoyed another month of solid expansion in January with demand, both domestically and from offshore, strong enough to allow firms to raise prices to protect profit margins, a survey showed on Thursday.The CBA-Markit Purchasing Managers Index (PMI) of activity dipped to 55.4 in January, from a historically high 57.1 the month before, but remained...Read More
HELSINKI, Jan 31 (Reuters) - Finnish government's investment arm Solidium said on Wednesday it would trim its stake in SSAB by launching an equity offering of about 3.6 percent of shares in the Swedish steelmaker.At Wednesday's closing price, the value of the offered stake of B-class shares was about 155 million euros ($192 million).Solidium currently owns about 17 percent of the company, courtesy...Read More
* Fed hints of further rate hikes on expected inflation pickup* U.S. leans on short-dated debt to fund growing deficit* ADP data shows further improvement in U.S. labor market* Global bond markets suffer worst month in over a year (Repeats to additional subscribers)By Richard LeongNEW YORK, Jan 31 (Reuters) - The spread between longer-dated U.S. Treasury yields and short-dated ones contracted to t...Read More
* Fed hints of further rate hikes on expected inflation pickup* U.S. leans on short-dated debt to fund growing deficit* ADP data shows further improvement in U.S. labor market* Global bond markets suffer worst month in over a year (Updates market action, adds quotes)By Richard LeongNEW YORK, Jan 31 (Reuters) - The spread between longer-dated U.S. Treasury yields and short-dated ones contracted to...Read More
The Dow was up more than 200 points at its intraday high on a boost from blue-chip Boeing's (BA) impressive earnings, but erased these gains after the Fed said inflation is expected to "stabilize around" its 2% target this year -- a hawkish shift from previous language -- which sent the 10-year Treasury yield soaring to a nearly four-year peak. Nevertheless, the central bank unanimously voted to k...Read More
(In paragraph 2, ECB corrects Coeur?(C)'s quote in transcript of RT?? interview to say "our monetary policy" instead of "foreign monetary policy")NEW YORK, Jan 31 (Reuters) - The euro fell to U.S. session lows against the dollar on Wednesday, further paring its earlier gains in the wake of comments from European Central Bank executive board member Beno?(R)t Coeur?(C).In an int...Read More
Feb 1 (Reuters) - Stock MarketsNet Chng Stock MarketsNet ChngS&P/ASX 200** 6,037.70 14.90NZX 50**8,420.04 -21.97DJIA**26,149.3972.50NIKKEI**23,098.29-193.68Nasdaq**7,411.4829.00 FTSE**7,533.55 -54.43S&P 500** 2,823.81 1.38 Hang Seng** 32,887.27279.98SPI 200 Fut 5,978.0-3.0 STI** 3,533.99 -14.75SSEC**3,481.5094 -6.50KOSPI** 2,566.46 -1.28-----------------------------------------------------...Read More
(Adds details, comment from Energy Fuels, Congressman Grijalva)By Valerie VolcoviciWASHINGTON, Jan 31 (Reuters) - U.S. President Donald Trump's decision to withdraw federal protections from millions of acres of Utah wilderness will reopen much of the iconic terrain to gold, silver, copper, and uranium land claims under a Wild West-era mining law, according to federal officials.Starting at 6 a.m....Read More
TORONTO, Jan 31 (Reuters) - Canada's main stock index inched down on Wednesday to close at its lowest level in eight weeks, as global equity investors drew back after the U.S. Federal Reserve indicated more rate hikes were in store.The Toronto Stock Exchange's S&P/TSX composite index slipped 3.84 points, or 0.02 percent, to 15,951.67. (Reporting by Nichola Saminather; Editing by Peter Cooney)...Read More
By Walter BianchiBUENOS AIRES, Jan 31 (Reuters) - Argentine companies are rushing to list shares on U.S. exchanges beginning this week to beat an expected hike in interest rates by the U.S. Federal Reserve, analysts said, while taking advantage of an improved investor climate under President Mauricio Macri after years of populist rule.Airport operator Corporaci??n Am?(C)rica Airports and power gen...Read More
Feb 1 (Reuters) - Australian shares are poised to slide on Thursday, pressured by a fall in iron ore prices that could hurt related commodity stocks and by a decline on Wall Street, following hawkish comments by the U.S. Federal Reserve.Iron ore on the Dalian Commodity Exchange fell 1.4 percent at 510 yuan on Wednesday.Meanwhile, U.S. stocks reversed from gains earlier in the session to trade lowe...Read More
WELLINGTON, Feb 1 (Reuters) - Job advertisements in New Zealand jumped 3.1 percent in January, the largest monthly rise in three years, a survey by ANZ Bank showed on Thursday.Gains were led by the construction and manufacturing sector, amid severe skill shortages as the country goes through a building boom.Areas outside the main cities, such as the West Coast and Southland, saw the fastest growth...Read More
NEW YORK, Jan 31 (Reuters) - U.S. stocks finished little changed on Wednesday as indexes gave up early gains after the Federal Reserve said it sees inflation rising this year, signaling it remains on track to boost interest rates again in March.The Dow Jones Industrial Average rose 72.57 points, or 0.28 percent, to 26,149.46, the S&P 500 gained 1.4 points, or 0.05 percent, to 2,823.83 and the...Read More
Copper was one of the best-performing commodities in 2017, skyrocketing more than 30 percent. In this video, I share my insight on growing copper demand due to a massive push for electric vehicles and clean energy in Asian markets, specifically China. With rising global GDP and positive purchasing manager's index (PMI) data, I believe electric vehicle demand will continue surging and investors mig...Read More
(Kitco News) - Kitco aficionados, it isnow time to have your say in where you think gold prices are heading in theshort-term.Will gold prices go higher, lower or remain unchanged nextweek? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12PM EDT) along with the results fromour market professional survey.Readers can also se...Read More
Capita PLC (LON:CPI) isn't the only FTSE 250 company to have taken a battering today.Broadband and telephone provider Talktalk Telecom Group PLC (LON:TALK) is down almost 10% to 118p after analysts at Exane BNP Paribas cut their price to target price to 90p (from 140p).They argue that broadband customers are increasingly price sensitive - i.e. looking for bargains - which is putting pressure on ma...Read More
(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More
Gold price closes barely above immediate-term trend line.U.S. dollar index is trying to bottom, however, which is pressuring gold.The outcome of this fight will likely be determined this week.Gold fell to a one-week low on Tuesday as the U.S. dollar showed signs of firming up. Some profit taking after gold's impressive 6-week rally was also in evidence. In this commentary we'll discuss gold's near...Read More