Following US Treasury Secretary Mnuchin's wishy-washy walk-back this morning, ECB president Draghi has failed to deliver a dovish enough press conference to reverse the trend and the dollar index is crashing to new cycle lows once again...Read full newsRead More
Jan 25 (Reuters) - The dollar pared losses against a basket of major currencies on Thursday after U.S. President Donald Trump told CNBC he ultimately wants the dollar to be strong, contradicting comments made by Treasury Secretary Steven Mnuchin one day earlier."The dollar is going to get stronger and stronger and ultimately I want to see a strong dollar," Trump said in an interview with...Read More
WASHINGTON, Jan 25 (Reuters) - U.S. President Donald Trump said on Thursday he ultimately wants the dollar to be strong, contradicting comments made by Treasury Secretary Steven Mnuchin one day earlier."The dollar is going to get stronger and stronger and ultimately I want to see a strong dollar," Trump said in an interview with CNBC, adding that Mnuchin's comments had been misinterprete...Read More
Earnings season continues to ramp up next week, with a slew of high-profile names set to release quarterly results. The rest of the FAANG stocks will take their turn in the limelight, as well as several blue-chip companies including Boeing (NYSE:BA), McDonald's (NYSE:MCD), Exxon Mobil (NYSE:XOM), and Visa (NYSE:V). Meanwhile, the economic calendar is also jam-packed with goodies, featuring the fi...Read More
FRANKFURT, Jan 25 (Reuters) - European Central Bank policymakers gathering on Thursday were split on their next policy move as a stronger-than-expected rise in the euro gets in the way of their careful exit from years of aggressive stimulus, sources close to the matter told Reuters.The ECB reaffirmed its easy policy of massive bond purchases and ultra low-rates on Thursday despite an increasingly...Read More
The official opening of the Indian office is scheduled for March 2018. Currently, preparation works for the opening are underway there. Representative office won't be engaged in trading activity, and will focus on cooperation with local market.The Director of the representative office will cover ALROSA's activity in India. His key responsibilities will include cooperating with local industry organ...Read More
* 2017 sales 15.1 bln euros, up 5.7 pct* FDJ awaits state decision on possible stake sale - CEO* Report on FDJ privatisation due mid-February, sources have said By Gilles Guillaume and Gw?(C)na?<
Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,050.00 -4.70 NZX 50**8,369.78 45.69DJIA26,398.12146.00NIKKEI**23,669.49-271.29Nasdaq7,430.90915.85 FTSE**7,615.84 -27.59S&P 500 2,841.39 3.85Hang Seng** 32,654.45-304.24SPI 200 Fut 5991 -7STI** 3,572.62 -36.62SSEC**3,548.30 -11.16KOSPI** 2,562.23 24.23----------------------------------------------------------------------------------...Read More
FRANKFURT, Jan 25 (Reuters) - European Central Bank policymakers gathering on Thursday were split on their next policy move as a stronger-than-expected rise in the euro gets in the way of their careful exit from years of aggressive stimulus, sources close to the matter told Reuters.The ECB reaffirmed its easy policy of massive bond purchases and ultra low-rates on Thursday despite an increasingly...Read More
Subscribers to Schaeffer's PowerTrend service more than quadrupled their money on our Boeing Co (NYSE:BA) January 19, 2018 235-strike call recommendation. Here's a quick breakdown of what put BA stock on our bullish radar, and how the winning options trade unfolded.When we recommended the call option back on Sept. 14, the Dow stock was in the middle of a long-term uptrend, boasting a 55% year-to-d...Read More
(Kitco News) - Gold and silver prices both hit 4.5-month highs and ended the U.S. day sessionmoderately higher Thursday. An eroding U.S. dollar and a rallying crude oilmarket are bullish outside elements boosting the metals. February Comex gold was last up $7.40 an ounce at $1,363.80. March Comex silver was last up $0.136at $17.625 an ounce.TheU.S. Dollar Index was solidly lower and hit another 3....Read More
(Kitco News) - Gold and silver prices both hit 4.5-month highs and ended the U.S. day session moderately higher Thursday. An eroding U.S. dollar and a rallying crude oil market are bullish outside elements boosting the metals. February Comex gold was last up $7.40 an ounce at $1,363.80. March Comex silver was last up $0.136 at $17.625 an ounce.The U.S. Dollar Index was solidly lower and hit anothe...Read More
Luis Tondo, president and chief executive of Coro Mining Corp (CVE:COP), discusses with Proactive encouraging results from their Marimaca copper project in Chile, plus adds further detail to the news that they've bought more claims next to the property.Drill results have been received for all 12 holes on the La Atomica claim, which adjoins Marimaca to the northwest, and for seven scout holes drill...Read More
ZAGREB, Jan 25 (Reuters) - Croatia will offer 800 million kuna ($134.62 million) worth of treasury bills at an auction next week, the Finance Ministry said on Thursday.The ministry will offer only one-year paper at the Jan. 30 auction, as it did this week. Occasionally it also offers bills of three-month and six-month maturities and those denominated in euros.This week's auction surpassed its targ...Read More
NEW YORK, Jan 25 (Reuters) - The U.S. Treasury Department on Thursday sold $28 billion of 7-year government notes to the strongest demand since April at a yield of 2.565 percent, the highest yield at an auction of this maturity since April 2011, Treasury data showed.The ratio of bids to the amount of seven-year Treasury supply offered was 2.73, matching the level set 13 months ago. This gauge of o...Read More
Ray Gibbs, chief executive of Haydale Graphene Industries PLC (LON:HAYD), caught up with Proactive following their half-year trading update for the six months to the end of December 2017.Haydale reported a sharp pick-up in sales helped by the separation of its business into two units.Revenues rose by 67% to ?2.49mln ( ?1.49mln). Meet Reward Minerals Ltd, Recce Ltd, Rimfire Pacific Min...Read More
(Adds quotes, details, background)By Chijioke OhuochaLAGOS, Jan 25 (Reuters) - Nigeria will consider raising $2.5 billion through Eurobonds in the first quarter to refinance a portion of its domestic treasury bill portfolio at lower cost, the head of the Debt Management Office told Reuters on Thursday.Patience Oniha said the country will also try to get back into the JP Morgan Government Bond Ind...Read More
* GRAPHIC-2017 asset returns: * LME/ShFE arb: (Adds closing prices)By Zandi ShabalalaLONDON, Jan 25 (Reuters) - Zinc and nickel rallied to multi-year highs on Thursday on a softer dollar and steadily declining inventories in London Metal Exchange-approved warehouses.Lead also rose to its highest in over seven years but ended the day lower. The dollar skidded against other major currencies on Thurs...Read More
Proceeds from the private placement and financing will be used for exploration and development of the junior miner's projects in Colombia and Nicaragua.Read full newsRead More
Asian shares traded lower Thursday after Trump administration officials' rhetoric on trade and the dollar roiled financial markets, sending the U.S. currency to its lowest level in three years and whipsawing stocks that had been buoyed by strong earnings.Read full newsRead More