- Nearly EUR1 trillion in non-performing loans poses risks to European banks'- Greece has highest non-performing loans as a share of total credit- Italy has the biggest pile of bad debt in absolute terms- Bad debt in Italy is still "a major problem" which has to be addressed - ECB- Level of bad loans in Italy remains above that seen before the financial crisis- Deposits in banks in Greece, Cyp...Read More
Volatility has not only returned to equity markets.Gold on Tuesday suffered its worst trading day since December 2016 according to MarketWatch. A week ago the price of gold gained the most since financial markets were shocked by Britain voting to leave the European Union in June 2016.The most active gold futures contract on the Comex market in New York dropped to a low of $1,330.60 an ounce in lun...Read More
An auction for the $2 billion Michiquillay copper project in Peru attracted 10 interested companies according to Peru's government investment agency Proinversi??n with Southern Copper Corp declared the winner on Tuesday .Reuters reports Southern Copper won the tender with a proposal to transfer $400 million to the government and pay 3% royalties. Southern Copper is controlled by conglomerate Grup...Read More
RAPAPORT... The Gem & Jewellery Export Promotion Council (GJEPC) isplanning to build India's largest jewelry park over the next few years. The council signed a memorandum of understanding with the Maharashtra Industrial Development Corporation to build the 25-acre park in Mumbai, the GJEPC said Monday. The complex will featurebuilt-in units ranging from 500 to 10,000 square feet. "[The] establ...Read More
(IDEX Online) - Sarine Technologies has officially opened the Sarine Technology Laboratory, which it says will be the first in a network of advanced, automated gemological labs. Israel Diamond Exchange (IDE) President Yoram Dvash praised the company on its initiative. "IDE and Sarine have always had very good relations. We are always pleased to see that each new Sarine project starts in Isr...Read More
(IDEX Online) - The Israeli diamond industry is again preparing a major presence at HKTDC's Hong Kong International Diamond, Gem & Pearl Show this year. The Israel Diamond Pavilion, organized by the Israel Diamond Institute (IDI), will host 70 companies. There will also be 10 Israeli companies exhibiting in other locations throughout the show. Among the Israeli exhibitors there will be...Read More
(IDEX Online) - Polished diamond prices in Israel decreased 0.16% during week seven of 2018, with the GDX, Carats.io's general index, closing the week at 10,097.64. The index represents the most tradable diamonds in the Israeli diamond market. Carats tracks the asking prices of tens of thousands of GIA certified, round diamonds offered on Get Diamond by the Israel Diamond Institute. ...Read More
(IDEX Online) - Sarine Technologies Ltd filed a lawsuit on February 12 against Surat-based manufacturer Rose Gems alleging breach of contract and fraudulent use of its Galaxy (R) inclusion mapping technology and systems. This activity was mentioned in a previous press release issued on January 4, 2018 by Sarine, outlining the alleged under-reporting of the weight of rough stones scanned by...Read More
Rebound...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.Su...Read More
According to the government official, "he died from some unknown cause. He passed away while he was sleeping and his heart had already stopped beating when he was found dead."Continue...Read More
LME price surged following the release...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points in pre-opening trade. Wal-Mart dropped $6.39 to $98.39 after reporting slightly lower than consensus fourth quarter earnings. The company also lowered guidance. Home Depot added $4.03 to $191.00 after reporting higher than consensus fourth quarter results. Rite Aid jumped $0.48 to $2.63 on news that Albertso...Read More
Aluminium The aluminium price has had a solid rebound since...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus downloa...Read More
Short-covering rally on friendly macro factors ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest is...Read More
Prices rebound Lead prices spent...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon...Read More
Published on: Feb 20, 2018 | by finfeedAustralian Mines (ASX:AUZ) revealed this week that it has clinched an offtake agreement with electric vehicle battery manufacturer, SK Innovation, for 100 per cent of its anticipated cobalt and nickel production from its Sconi Project in northern Queensland.This landmark agreement is for an initial seven-year period, allowing for a six-year extension. The K...Read More
Cautious sellers, eager buyers A strong rebound...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest...Read More
Laggard last week for a change ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as i...Read More
Zinc prices extended to fresh 10-year...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More