Recent News

US STOCKS-Wall Street ends whipsaw week on upbeat note

February 09, 2018 / www.kitco.com

* S&P still posts worst week since Jan 2016* Indexes end up over 1 pct after day of big swings* S&P, Dow confirmed correction territory on Thurs (Updates with close of U.S. market)By Lewis KrauskopfFeb 9 (Reuters) - Wall Street's main stock indexes climbed more than 1 percent on Friday, giving investors some solace after a week of huge swings that shook the market out of months of calm.Eve...Read More

CANADA STOCKS-TSX falls on weakness in mining stocks

February 09, 2018 / www.kitco.com

TORONTO, Feb 9 (Reuters) - Canada's main stock index fell on Friday, closing at its lowest level for five months reflecting weakness in mining stocks as gold futures and copper prices declined.At 4:03PM EST (2103 GMT), the Toronto Stock Exchange's S&P/TSX composite index fell 31.08 points, or 0.21 percent, to 15,034.53. (Reporting by Matt Scuffham; editing by Diane Craft) Disclaimer: The view...Read More

Jobhawk 'bringing UK construction recruitment into the 21st century'

February 09, 2018 / www.proactiveinvestors.co.uk

Steve Langkamp and Pete Mills from Jobhawk introduce the app to Proactive Investors.''It's the first UK digital marketplace for construction labour'', CEO Langkamp says.''We make it possible for major subcontractors to get self-employed  labour instantly for their projects''Co-founder Pete Mills adds: ''There's a huge need [for an app like this].''''The movement of labour between jobs in Lond...Read More

Speculators cut bearish U.S. dollar bets this week -CFTC, Reuters

February 09, 2018 / www.kitco.com

Feb 9 (Reuters) - Speculators' net short U.S. dollar bets declined for the first time in six weeks, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.The value of the net short dollar position, derived from net holdings of International Monetary Market speculators in the yen, euro, British pound, Swiss franc and Canadian and Australian dollars, w...Read More

Ohhhh yes! Direct Line's trading update provides insurer with a lift

February 09, 2018 / www.proactiveinvestors.co.uk

Direct Line Group PLC (LON:DLG) was a late afternoon gainer, adding 2.6% at 377.9p after the blue chip insurance group issued a brief trading update saying it is on course for operating profits of ?610mln and profit before tax of ?540mln, up from ?403.5mln and ?353mln respectively in 2016. Nicholas Hyett, equity analyst, Hargreaves Lansdown commented: "An unscheduled trading update on a F...Read More

US STOCKS-Wall Street edges up in bumpy end to brutal week

February 09, 2018 / www.kitco.com

* Indexes again mark day of big swings* S&P, Dow confirmed correction territory on Thurs (Updates with late afternoon trade)By Lewis KrauskopfFeb 9 (Reuters) - U.S. stocks held modest gains on Friday in another volatile session during a week of huge swings that shook the market out of months of calm.During Friday's session alone, the S&P 500 swung from as high as up 1.5 percent to down 1.9...Read More

U.S. stock market chill threatens to 'put IPOs on ice'

February 09, 2018 / www.kitco.com

* Wall Street was set for busiest IPO week in 2 1/2 years* Of 7 listings this week, 4 traded below IPO price Friday* IPO market now entering mid-February lull By Joshua FranklinNEW YORK, Feb 9 (Reuters) - Wide swings in the U.S. stock market has blunted initial public offering (IPO) activity on Wall Street in what was set to be the busiest week for new listings in more than two-and-a-half years....Read More

Consumers Expected To Spend $4.7 Billion On Jewelry For Valentines

February 09, 2018 / www.kitco.com

(Kitco News)- Valentine’sDay is quickly approaching and if you are struggling for the perfect gift, you can’tgo wrong with jewelry as that appears to be the hot item this year.Accordingto the National Retail Federation, U.S. consumers are expected to spending anear-record $19.6 billion on Valentine’s Day gifts, up from $18.6 billion spentlast year. On average consumers are planni...Read More

Consumers Expected To Spend $4.7 Billion On Jewelry For Valentines

February 09, 2018 / www.kitco.com

(Kitco News) - Valentine’s Day is quickly approaching and if you are struggling for the perfect gift, you can’t go wrong with jewelry as that appears to be the hot item this year.According to the National Retail Federation, U.S. consumers are expected to spending a near-record $19.6 billion on Valentine’s Day gifts, up from $18.6 billion spent last year. On average consumers are...Read More

Silver Viper Appoints New CFO

February 09, 2018 / ow.ly

Silver Viper Minerals Corp. (the 'Company' or 'Silver Viper') (TSX-V: VIPR) is pleased to announce that Carla Hartzenberg, CPA, CA, has been appointed by the Company as Chief Financial Officer, effective immediately.Read full newsRead More

3 Volatile Drug Stocks

February 09, 2018 / www.schaeffersresearch.com

It's been a volatile week on Wall Street, and today is no different. The Dow was last seen up around 50 points -- after being down 500 points earlier -- and on pace for its worst week since the financial crisis. This whipsaw price action is being mirrored in the drug sector, too, with Aquinox Pharmaceuticals Inc (NASDAQ:AQXP) and Pieris Pharmaceuticals Inc (NASDAQ:PIRS) soaring, while Sarepta Th...Read More

An update on the future of mining: urban mining

February 09, 2018 / www.mining.com

Source: Clive Maund for Streetwise Reports 02/09/2018Technical analyst Clive Maund reviews the charts of two urban miners that he views as strong buys.We took profits or partial profits in related stocks Enviroleach Technologies Inc. (ETI:CSE) and Mineworx Technologies Ltd. (MWX:TSX.V; MWXRF:OTCQB) about three weeks ago, in the full knowledge that theirs is a great story, because they were bot...Read More

An update on the future of mining: urban mining

February 09, 2018 / www.mining.com

Source: Clive Maund for Streetwise Reports 02/09/2018Technical analyst Clive Maund reviews the charts of two urban miners that he views as strong buys.We took profits or partial profits in related stocks Enviroleach Technologies Inc. (ETI:CSE) and Mineworx Technologies Ltd. (MWX:TSX.V; MWXRF:OTCQB) about three weeks ago, in the full knowledge that theirs is a great story, because they were bot...Read More

Gold suffers biggest weekly loss in 2 months

February 09, 2018 / www.marketwatch.com

Gold futures declined on Friday to suffer from their largest weekly loss in two months, as investors eyed volatility in global stocks and a leading dollar index aimed for its best weekly performance in more than a year. April gold GCJ8, +0.47% gave up $3.30, or 0.3%, to settle at $1,315.70 an ounce after tapping a high of $1,325. It finished Thursday in the green, halting a four-session skid as in...Read More

TREASURIES-Prices gain as stocks renew sell-off

February 09, 2018 / www.kitco.com

(Recasts with price gains, adds quotes)* Stock weakness adds bid for bonds* U.S. budget seen increasing debt issuance* CPI data in focus next week for inflation clues By Karen BrettellNEW YORK, Feb 9 (Reuters) - U.S. Treasury prices gained on Friday after renewed weakness in equity markets increased demand for the low-risk debt.Bond yields have jumped in the past two weeks as rising inflation and...Read More

PRECIOUS-Gold dips on firm dollar, heads for second weekly loss

February 09, 2018 / www.kitco.com

* Gold on track for second straight weekly drop* Palladium heads for worst week since October 2016* GRAPHIC-Platinum/palladium ratio: (Updates prices; adds comments, second byline, NEW YORK dateline)By Marcy Nicholson and Maytaal AngelNEW YORK/LONDON, Feb 9 (Reuters) - Gold slipped on Friday, under pressure from a firmer dollar and worries about rising global interest rates, but still found some s...Read More

UPDATE 3-Indian bourses to stop licensing index, stock prices to foreign exchanges

February 09, 2018 / www.kitco.com

* Indian exchanges to stop licensing deals with overseas bourses* Will stop providing data, terminate current contracts* Singapore is popular offshore market for Indian derivatives* Whether foreign investors will now come to India uncertain (Adds statement from Singapore Exchange)By Abhirup Roy and Savio ShettyMUMBAI, Feb 9 (Reuters) - India's three main stocks exchanges said on Friday they would...Read More

Wall Street Gets Walloped as Volatility Spikes

February 09, 2018 / www.schaeffersresearch.com

It was another volatile week of trading on Wall Street, withthe Dow trading in a more than 2,160-point range as of this writing, and sinking into correction territory. The bulk ofthe price action occurred to the downside -- a possible self-fulfilling prophecy, and marking the fastest S&P pullback from record highs in decades -- with the major benchmarksslumping to their biggest weekly losses in ye...Read More

Gold Prices Move Up As U.S. Stock Market Coming Unglued Again

February 09, 2018 / www.kitco.com

(Kitco News) - Goldprices have erased early losses and are trading nearsteady as of this writing early Friday afternoon. Another big sell-off in theU.S. stock market is prompting safe-haven demand for gold. Look for the goldand silver markets to at least hold their own early next week, due to the keenuncertainty and anxiety that will be present on Monday morning. Bearish outsidemarkets Friday afte...Read More

Gold Prices Move Up As U.S. Stock Market Coming Unglued Again

February 09, 2018 / www.kitco.com

(Kitco News) - Gold prices have erased early losses and are trading near steady as of this writing early Friday afternoon. Another big sell-off in the U.S. stock market is prompting safe-haven demand for gold. Look for the gold and silver markets to at least hold their own early next week, due to the keen uncertainty and anxiety that will be present on Monday morning. Bearish outside markets Frida...Read More

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