Recent News

Investing in Cannabis... Blockchain? Here's a great article to read from

January 24, 2018 / BNN.ca

BNN is Canada's Business News Network reporting on finance and the markets.Read full newsRead More

#Dollar Plunges Most In 10 Months - Worst Start To A Year Since 1987 | Zero Hedge

January 24, 2018 / www.zerohedge.com

This morning's collapse in the dollar - the biggest daily drop since March 2017 - has extended the 2018 demise to 3.2%, the worst start to a year since 1987.Read full newsRead More

Financial Stocks Keep Dow Afloat as S&P, Nasdaq End Lower

January 24, 2018 / www.schaeffersresearch.com

Despite all three major indexes reaching record intraday highs, the S&P and Nasdaq reversed early gains, finishing the day lower as comments from Commerce Secretary Wilbur Ross fueled concerns about a trade war. A pullback in tech stocks also weighed on the indexes. However, a big lift from financial stocks JPMorgan Chase (JPM) and Goldman Sachs (GS) kept the Dow afloat, with banks moving higher...Read More

Metalla talks shipped Ag oz, omits Q2 P&L from NR

January 24, 2018 / www.stockwatch.com

Mr. Brett Heath reportsMETALLA REPORTS FINANCIAL RESULTS FOR THE SECOND QUARTER OF FISCAL 2018 Metalla Royalty and Streaming Ltd. has released its financial results for the second quarter of 2018. For complete details of the financial statements and accompanying management's discussion and analysis for the six months ended Nov. 30, 2017, please see the company's filings on SEDAR or the company's w...Read More

Metalla talks shipped Ag oz, omits Q2 P&L from NR

January 24, 2018 / www.stockwatch.com

Mr. Brett Heath reportsMETALLA REPORTS FINANCIAL RESULTS FOR THE SECOND QUARTER OF FISCAL 2018 Metalla Royalty and Streaming Ltd. has released its financial results for the second quarter of 2018. For complete details of the financial statements and accompanying management's discussion and analysis for the six months ended Nov. 30, 2017, please see the company's filings on SEDAR or the company's w...Read More

Polish economy probably grew by 4.5 pct last year -PM

January 24, 2018 / www.kitco.com

WARSAW, Jan 24 (Reuters) - Poland's economy probably grew by around 4.5 percent in 2017, Prime Minister Mateusz Morawiecki told state broadcaster TVP Info on Wednesday.* "(GDP growth) in the fourth quarter was close to 5 percent and in the whole of the (2017) year it was probably around 4.5 percent," Morawiecki said.* Poland had projected GDP growth in 2017 of 3.6 percent in its budget.*...Read More

CANADA STOCKS-TSX falls as Valeant, CN Rail and financials weigh

January 24, 2018 / www.kitco.com

TORONTO, Jan 24 (Reuters) - Canada's main stock fell on Wednesday, weighed by declines for financial shares, Valeant Pharmaceuticals International Inc and Canadian National Railway Co , while gold mining stocks were boosted by higher gold prices.The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 73.34 points, or 0.45 percent, at 16,284.21. Eight of the index's 10 mai...Read More

FOREX-Mnuchin's comments on weaker greenback met by dollar rout

January 24, 2018 / www.kitco.com

* Mnuchin says weak dollar is good for U.S. trade* Dollar index hits fresh 3-year low (Updates prices, market activity, adds comment)By Saqib Iqbal Ahmed and Stephanie KellyNEW YORK, Jan 24 (Reuters) - The dollar slumped to a fresh three-year low against a basket of major currencies on Wednesday after the U.S. Treasury secretary said he welcomed a weaker greenback, and as investors worried about U...Read More

US STOCKS SNAPSHOT-S&P flat, Nasdaq falls on China trade worries

January 24, 2018 / www.kitco.com

NEW YORK, Jan 24 (Reuters) - The S&P 500 was flat on Wednesday while the Nasdaq lost ground in choppy trading in the wake of comments by U.S. Commerce Secretary Wilbur Ross which hinted at action against China in a trade war. The Dow Jones Industrial Average rose 41.38 points, or 0.16 percent, to 26,252.19, the S&P 500 lost 1.55 points, or 0.05 percent, to 2,837.58 and the Nasdaq Composite...Read More

U.S. Not Starting Trade War, But Sees China Tech Threat: Ross

January 24, 2018 / www.kitco.com

Mark BendeichDAVOS, Switzerland (Reuters) - The United States is not starting a trade war but trying to level the playing field of global commerce and fend off Chinese protectionism, including a “direct threat” in high-tech goods, U.S. Commerce Secretary Wilbur Ross said on Wednesday.Ross was speaking a day after Washington imposed steep import tariffs on washing machines and solar pan...Read More

RT @zerohedge: WTI Tops $65 For First Time Since Dec 2014 After Crude Build, Production Record

January 24, 2018 / www.zerohedge.com

After API reported a surprise crude build overnight, all eyes are on the DOE data this morning which showed a smaller than expected crude draw (-1.07mm vs 2.32mm exp) but still a draw (for the 10th week in a row) compared to API's build.Read full newsRead More

Dollar Will be Key to Gold Sesame

January 24, 2018 / www.fxstreet.com

Gold may be considered to be a bet against the U.S. dollar. The depreciation of the greenback supported the yellow metal in 2017. The price of gold managed to rise last year in rather unpleasant macroeconomic environment mainly thanks to the weakness of the U.S. dollar. Now, the key question is whether the bearish trend in the greenback will continue or we will see a trend reversal (or actually a...Read More

UPDATE 4-U.S. official backs weak dollar amid fears of trade war

January 24, 2018 / www.kitco.com

* U.S. officials set aggressive tone on America First* Deliver riposte to concerns about protectionism* Say more America First steps to come* Ross sees "inappropriate behaviour" by trade partners (Adds White House comment in paragraphs 7-8)By Paritosh Bansal, Noah Barkinand Yara BayoumyDAVOS, Switzerland, Jan 24 (Reuters) - U.S. Treasury Secretary Steven Mnuchin welcomed a weaker dollar...Read More

Gold advances to new multi-month top at $1355 as USD bleeding continues

January 24, 2018 / www.fxstreet.com

USD's relentless fall continues. Wall Street advances to fresh all-time highs. US 10-year T-bond yield is up more than 1%. The XAU/USD pair received an additional boost from the unstoppable USD sell-off in the NA session and advanced to its best level since early September at $1355. As of writing, the pair was trading at $1354, up nearly $13, or 0.95%, on the day. Nothing seems to be he...Read More

Eureka Resources Closes Second Tranche of Private Placement

January 24, 2018 / bit.ly

Eureka Resources Inc. (TSXV: EUK) ('Eureka' or the 'Company') announced today that is has closed the second and final tranche of its non-brokered private placement of common shares previously announced in press releases dated November 27, 2017, December 29, 2017 and January 18, 2018 (the 'Offering').Read full newsRead More

Brazil's PagSeguro rallies 34 percent in New York debut

January 24, 2018 / www.kitco.com

By Carolina MandlSAO PAULO, Jan 24 (Reuters) - Shares of Brazilian card processing firm PagSeguro Digital Ltd soared 34 percent in their debut on the New York Stock Exchange on Wednesday, pushing its market capitalization to $8.8 billion, nearly 40 percent of main rival Cielo SA .PagSeguro's initial public offering on Tuesday was more than 10 times oversubscribed, according to a person with knowle...Read More

Empresaria surges after a reassuring trading statement

January 24, 2018 / www.proactiveinvestors.co.uk

After November's modest profit warning, investors in staffing conglomerate Empresaria Group plc (LON:EMR) might have been apprehensive ahead of today's trading update.In the end, the statement was full of reassuring stuff, like: "record profit, in line with market expectations" and "an improved performance from our businesses in the USA in the second half", not to mention "the business in the Midd...Read More

TREASURIES-Prices retreat after U.S. Treasury's Mnuchin endorses weak dollar

January 24, 2018 / www.kitco.com

* Mnuchin supports weak dollar* U.S. 5-year note auction shows mixed results (Adds comment, results of U.S. 5-year note auction, updates prices, table)By Gertrude Chavez-DreyfussNEW YORK, Jan 24 (Reuters) - U.S. Treasury debt prices slumped on Wednesday, after Treasury Secretary Steven Mnuchin backed a weaker dollar to help boost America's global trade, breaking from the traditional strong currenc...Read More

3 Penny Stocks Making Big Moves

January 24, 2018 / www.schaeffersresearch.com

The U.S. stock market has retreated from the record highs it set earlier, as tech stocks slide. Among individual equities on the move are electronics manufacturing specialist Cemtrex Inc (NASDAQ:CETX), fabric dyeing firm Sharing Economy International Inc (NASDAQ:SEII), and semiconductor stock Sigma Designs Inc (NASDAQ:SIGM). Here's a quick look at how shares of CETX, SEII, and SIGM are trading tod...Read More

2 Airline Stocks Looking to Shake Ugly Earnings Performances

January 24, 2018 / www.schaeffersresearch.com

Airline stocks are trading lower today, after United Continental's (UAL) earnings call sparked fears of pricing wars in the industry. Sector peers Southwest Airlines Co (NYSE:LUV) and American Airlines Group Inc (NASDAQ:AAL) both report earnings before the open tomorrow, so this group will remain in focus going forward. We'll take a closer look at LUV and AAL to see what traders can expect. Leisur...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok