Recent News

Australia's Newcrest Q2 gold output down marginally, maintains 2018 guidance

January 29, 2018 / www.mining.com

Jan 30 (Reuters) - Newcrest Mining Ltd's second-quarter gold production fell 0.3 percent from a year ago but rose 17.2 percent over the prior quarter, driven by increased production at Cadia, Lihir, Bonikro and Telfer.Newcrest said total gold output from its mines in Australia, Indonesia, Papua New Guinea and Ivory Coast fell to 612,695 ounces in the quarter ended Dec. 30 from 614,715 ounces a yea...Read More

Call Buyers Pounce On Netflix Stock's Historic Month

January 29, 2018 / www.schaeffersresearch.com

Few stocks have had as hot a start to 2018as Netflix, Inc. (NASDAQ:NFLX). The streaming giant has turned in only two negative sessions in January, and is currently riding a eight day winning streak. The FAANG name is higher again today, up 3.4% to trade at $283.80, and earlier touched a fresh record high of $286.81. The stock is riding higher on news thatcable operator Altice integrated Netflix i...Read More

Polish rates my be left unchanged or hiked by mid-2019 -c.bank governor

January 29, 2018 / www.kitco.com

WARSAW, Jan 29 (Reuters) - Polish central bank governor Adam Glapinski was quoted as saying on Monday that he would not be surprised if interest rates, presently at 1.5 percent, are raised by mid-2019 or would stay unchanged."I would not be surprised if even until mid-2019 interest rates would stay at present level, similarly I would not be surprised if it would be necessary to hike them,&quo...Read More

Options Bears Pile On for PulteGroup Earnings

January 29, 2018 / www.schaeffersresearch.com

PulteGroup, Inc. (NYSE:PHM) reports fourth-quarter earnings before the open tomorrow, and near-term options traders are unusually put-skewed before the event. For instance, our Schaeffer's put/call open interest ratio (SOIR) for PHM comes in at 1.35 and ranks only 2 percentage points from a 12-month high. Looking closer, recent activity has centered at the weekly 2/2 35-strike put, where speculato...Read More

TREASURIES-Yields highest since 2014 on bullish economic outlook

January 29, 2018 / www.kitco.com

(Adds quotes, updates prices)* 10-year yields break above long-term trendline* Central banks expected to reduce accomodation* Fed meeting, U.S. refunding, data in focus By Karen BrettellNEW YORK, Jan 29 (Reuters) - U.S. Treasury yields surged to more than three-year highs on Monday after comments from a European Central Bank official added to expectations that central banks globally will reduce s...Read More

Apple, Facebook Stocks See Heavy Call Trading Ahead of Earnings

January 29, 2018 / www.schaeffersresearch.com

The 20 stocks listed in the table below have attracted the highest total options volume during the past 10 trading days. Stocks highlighted in yellow are new entries to the list. Data is courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Two names to note today are tech andstocks Facebook, Inc. (NASAQ:FB) and Apple Inc. (NASDAQ:AAPL). Below, we'll break down recent options tradin...Read More

Gold lower amid firmer dollar

January 29, 2018 / www.fxstreet.com

XAUUSD, H4 U.S. personal income and consumption each rose 0.4% in December. The 0.3% rise in income was not revised, but the 0.6% jump in spending was revised higher to 0.8% (and the 0.2% October gain was nudged to 0.3%). Compensation was up 0.4%, the same as in November. Wages and salaries increased 0.5% after the prior 0.4% gain. Disposable income was up 0.3%, as was the case in November (revise...Read More

PRECIOUS-Gold slips as U.S. dollar claws back, Treasury yields gain

January 29, 2018 / www.kitco.com

* Dollar edges up after slide to 3-year lows* GRAPHIC-2018 asset returns: (Recasts throughout; updates headline, prices; adds comment, NEW YORK to dateline)By Renita D. Young and Jan HarveyNEW YORK/LONDON, Jan 29 (Reuters) - Gold prices fell on Monday as a recovery in the U.S. dollar and rising government bond yields prompted investors to cash in bullion after its sixth weekly price rise in seven...Read More

Gold ends lower as dollar firms, Treasury yields charge ahead

January 29, 2018 / www.marketwatch.com

Gold futures ended lower Monday as a popular dollar gauge climbed and benchmark Treasury yields cleared their highest level since April 2014. February gold GCG8, +0.16% lost $11.80, or 0.9%, to settle at $1,340.30 an ounce. The SPDR Gold Shares exchange-traded fund GLD, -0.43% fell 0.5% and the VanEck Vectors Gold Miners GDX, -0.97% eased 2.3%. Selling has set in ahead of the U.S. Federal Open...Read More

NAFTA Negotiators Still Divided, But Cite Progress In Talks

January 29, 2018 / www.kitco.com

David Ljunggren, David LawderMONTREAL (Reuters) - The United States, Canada and Mexico said they had made progress in the latest round of talks to renegotiate the North America Free Trade Agreement, although the American representative complained progress was still very slow.United States Trade Representative Robert Lighthizer said the pace of the NAFTA negotiations had to pick up speed and demand...Read More

Quintana Energy becomes latest oilfield services firm to launch IPO

January 29, 2018 / www.kitco.com

By Liz HamptonHOUSTON, Jan 29 (Reuters) - Oilfield services provider Quintana Energy Services aims to raise around $125 million through an initial public offering of shares, according to a filing on Monday with the U.S. Securities and Exchange Commission. The Houston-based company, which provides drilling and well-completion services, plans to sell around 9.3 million shares at between $12 and $15...Read More

UPDATE 1-Morocco's currency move a step in right direction - IMF

January 29, 2018 / www.kitco.com

* Morocco launched more flexible forex system 2 years ago* Has boosted its appeal to investors -IMF's Azour* Morocco's growth prospects in 2018 positive -Azour* Among most advanced Arab states in liberalising economy (Adds IMF official's remarks on Tunisia, Egypt, Gulf)By Ulf LaessingMARRAKECH, Morocco, Jan 29 (Reuters) - Morocco's new, more flexible hard currency system is a step in the right dir...Read More

Gold: Has It Topped Already?

January 29, 2018 / seekingalpha.com

We may have a daily top on our hands.However silver's sentiment is still really mute - dead neutral.We will continue with some long deltas in this market especially if the dollar continues to break down. Gold (NYSE:GLD) has tacked on well over $100 an ounce since its hard bottom at the FOMC meeting last month. Long-term sentiment has reached pretty optimistic levels which may mean we have the...Read More

Libya's eastern parliament swears in new central bank governor

January 29, 2018 / www.kitco.com

BENGHAZI, Libya, Jan 29 (Reuters) - Libya's eastern-based parliament swore in a new central bank governor on Monday, though the head of a rival assembly in the capital, Tripoli, quickly rejected the move.The leadership of the Central Bank of Libya (CBL) has been divided since 2014, when rival political factions established competing governments in Tripoli and the east of the country.The eastern-ba...Read More

RT @omriceren: NY Post: In the Gulf, Iran quietly admits there's a new cop in the White House

January 29, 2018 / buff.ly

Iranian military boats have quietly ended years of harassment of US Navy vessels in the Persian Gulf, and it looks like another welcome sign of a new cop on the beat. For years, armed Iranian "fast...Read full newsRead More

Oreninc Index falls as financings reduce to trickle

January 29, 2018 / www.mining.com

ORENINC INDEX - Monday, January 29th, 2018North America's leading junior mining finance data providerORENINC MINING DEAL CLUBAccess to high-quality, pre-vetted financing opportunitieswww.miningdealclub.comLast week index score: 34.36This week: 22.99Zinc One Resources (TSXV:Z) received additional results from an ongoing surface-sampling program at its Bongar?? zinc mine project in north-central Per...Read More

Gold, Silver Prices Back Off On Bearish Outside Markets

January 29, 2018 / www.kitco.com

(Kitco News) - Gold and silver markets ended the U.S. day session solidly lower Monday, pressuredby a firmer U.S. dollar index and lower crude oil prices. Such prompted someprofit-taking from the shorter-term futures traders after both metals last weekhit 4.5-month highs. February Comex gold futures were last down $12.20 an ounceat $1,339.80. March Comex silver was last down $0.301 at $17.14 an o...Read More

Gold, Silver Prices Back Off On Bearish Outside Markets

January 29, 2018 / www.kitco.com

(Kitco News) - Gold and silver markets ended the U.S. day session solidly lower Monday, pressured by a firmer U.S. dollar index and lower crude oil prices. Such prompted some profit-taking from the shorter-term futures traders after both metals last week hit 4.5-month highs. February Comex gold futures were last down $12.20 an ounce at $1,339.80. March Comex silver was last down $0.301 at $17.14...Read More

RT @business: Higher oil prices fuel a rebound in Saudi foreign reserves

January 29, 2018 / bloom.bg

Saudi Arabia is finally reaping the benefit of leading OPEC efforts to boost oil prices by trimming global output. Its net foreign reserves rose for three consecutive months through December for the first time since 2014, tracking oil's recovery. The trend may continue, with oil enjoying its best January since 2006 and net-long positions at record highs.Read full newsRead More

RT @FoxBusiness: 4 ways to lower your heating bill this winter

January 29, 2018 / fxn.ws

It's been a cold winter so far this year, with many parts of the country experiencing record low temperatures.Read full newsRead More

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