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RM Secured Direct Lending continuing to grow & diversify after busy quarter

January 17, 2018 / www.proactiveinvestors.co.uk

RM Secured Direct Lending PLC's (LON:RDML) James Robson tells Proactive the portfolio has grown to 24 debt investments across 13 sectors.Robson adds three-quarters of the portfolio is in higher-yielding private bi-lateral or private club investments with the remainder in more liquid public debt transactions.The trust's investment manager, RM Capital Markets, continued to grow the portfolio of secu...Read More

Goldman's Commodity Revenue Shocks Markets As Company Reports Earnings

January 17, 2018 / www.kitco.com

(Kitco News) - Goldman Sachs’ much talked about commodities-trading team surprised the markets this week as it reported the worst annual performance in the company’s history in 2017, down 75% in net revenue. This coincided with Goldman’s bearish gold forecasts that never came to be.Commodities trading revenues dropped from $1.1 billion in 2016 to below $300 million last year, Blo...Read More

Goldman's Commodity Revenue Shocks Markets As Company Reports Earnings

January 17, 2018 / www.kitco.com

(Kitco News) - Goldman Sachs’ much talked about commodities-trading team surprised the markets this week as it reported the worst annual performance in the company’s history in 2017, down 75% in net revenue. This coincided with Goldman’s bearish gold forecasts that never came to be.Commodities trading revenues dropped from $1.1 billion in 2016 to below $300 million last year, Blo...Read More

FOREX-Dollar index holds losses after Fed's Beige Book

January 17, 2018 / www.kitco.com

NEW YORK, Jan 17 (Reuters) - The dollar held its modest losses against a basket of currencies on Wednesday even as the Federal Reserve's latest Beige Book showed U.S. business activity was expanding with inflation growing at a modest to moderate pace in late 2017. At 2:08 pm (1908 GMT), the index that tracks the greenback versus the euro, yen, sterling and three other currencies was last down 0.10...Read More

Gold Gains Late As U.S. Dollar Index Weakens

January 17, 2018 / www.kitco.com

(Kitco News) - Gold priceswere modestly up in early afternoon U.S. trading Wednesday. Some minor profit-takingearly saw gold traders then step in to buy the dip when the U.S. dollar indexcould not hold its early gains and dropped to a 3.5-year low. February Comex gold was last up $3.70 an ounce at $1,340.80. March Comex silver was last up$0.016 at $17.20 an ounce.Goldand silver market bulls are si...Read More

Gold Gains Late As U.S. Dollar Index Weakens

January 17, 2018 / www.kitco.com

(Kitco News) - Gold prices were modestly up in early afternoon U.S. trading Wednesday. Some minor profit-taking early saw gold traders then step in to buy the dip when the U.S. dollar index could not hold its early gains and dropped to a 3.5-year low. February Comex gold was last up $3.70 an ounce at $1,340.80. March Comex silver was last up $0.016 at $17.20 an ounce.Gold and silver market bulls a...Read More

RT @tbiesheuvel: As bitcoin crashed, gold sales went nuts

January 17, 2018 / www.bloomberg.com

Amid the wild Bitcoin ride that's wiped more than 40 percent off the cryptocurrency's price in a month, a pattern may be emerging: sellers are switching out of digital gold and into the real thing.Read full newsRead More

Anglo Asian Mining 'beginning to get the wind in its sails'

January 17, 2018 / www.proactiveinvestors.co.uk

Anglo Asian Mining Plc's  (LON:AAZ) Bill Morgan and Steve Westhead chat to Proactive's Andrew Scott following the release of their Q4 & FY 2017 Production and operations review.The miner produced 71,461 gold equivalent ounces during 2017, a production rate which hit the uppermost level of guidance.  Meet Netscientific PLC, discoverIE Group plc, Itaconix Plc and Realm Therapeutics plc...Read More

Mali annual gold production up 5 pct to 49.6 T

January 17, 2018 / www.kitco.com

BAMAKO, Jan 17 (Reuters) - Industrial gold production in Mali rose to 49.6 tonnes in 2017, up 5 percent from the previous year, a senior Mines Ministry official said on Wednesday.The figure beat the 46.9 tonnes that Africa's third-largest producer managed in 2016 and was well ahead a forecast of 45 tonnes that the government had given half way through last year."There was real progress in the...Read More

Asia Morning Call-Global Markets

January 17, 2018 / www.kitco.com

Jan 18 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,015.80 -32.80NZX 50**8,297.67 47.13DJIA26,032.96240.10NIKKEI**23,868.34-83.47Nasdaq7,281.45757.77 FTSE**7,725.43 -30.50S&P 500 2,797.69 21.27 Hang Seng** 31,983.4178.66SPI 200 Fut 5,966.06.0 STI** 3,541.91 -8.30SSEC**3,445.36 8.76KOSPI** 2,515.43 -6.31---------------------------------------------------------------...Read More

UPDATE 1-Barclays to cut up to 100 senior jobs at its investment bank - source

January 17, 2018 / www.kitco.com

(Adds more detail)LONDON, Jan 17 (Reuters) - Britain's Barclays is axing up to 100 jobs at its investment bank, a source familiar with the matter said on Wednesday, following another set of disappointing results from the division in the third quarter. The cuts will be split evenly between Europe and the United States and be weighted more towards roles at the director and managing director level,...Read More

Haydale Graphene signs supply agreement for its anti-counterfeiting technology

January 17, 2018 / www.proactiveinvestors.co.uk

Ray Gibbs, chief executive of Haydale Graphene Industries PLC (LON:HAYD), tells Proactive they've entered into a commercial supply and development agreement with Australia-listed Talga Resources.The tie-up will see the two work together to produce, market and sell jointly-developed transparent conductive ink products using graphene for industrial applications in Asia.The two companies - which have...Read More

Where is Gold Headed Next Week? VOTE NOW!

January 17, 2018 / www.kitco.com

(Kitco News) - Kitco aficionados, it isnow time to have your say in where you think gold prices are heading in theshort-term.Will gold prices go higher, lower or remain unchanged nextweek? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12PM EDT) along with the results fromour market professional survey.Readers can also se...Read More

Where is Gold Headed Next Week? VOTE NOW!

January 17, 2018 / www.kitco.com

(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More

Apple to pay $38 billion in repatriation tax

January 17, 2018 / www.kitco.com

Jan 17 (Reuters) - Apple Inc will make about $38 billion in tax payments to bring funds kept overseas back to the United States under new federal tax laws, the company said on Wednesday. Apple said it expected to invest over $30 billion in the United States over the next 5 years, and would create 20,000 jobs through hiring at existing campuses and through opening a new campus. (Reporting by Sonam...Read More

US STOCKS-Tech, industrials lift Wall St; financials recover

January 17, 2018 / www.kitco.com

* Goldman Sachs slips on trading revenue weakness* Boeing shares jump after announcing JV to make aircraft seats* Apple slips after brokerage downgrade* Indexes up: Dow 0.82 pct, S&P 0.60 pct, Nasdaq 0.59 pct (Updates to early afternoon)By Sruthi ShankarJan 17 (Reuters) - Wall Street's main indexes were higher on Wednesday, led by technology and industrial stocks as well as a recovery in the f...Read More

Options Buyers Optimistic Ahead of Morgan Stanley Earnings

January 17, 2018 / www.schaeffersresearch.com

Bank stocks remain in focus today, with a handful of companies reporting earnings. Big-cap financial name Morgan Stanley (NYSE:MS) will soon be in the spotlight, too, expected to reportfourth-quarter earnings before Thursday'sopen. Below, we take a look at how MS stock has performed on the charts, and how options traders are speculating ahead of tomorrow's report.Morgan Stanley stock has had a res...Read More

LPC: US loan funds remain appealing in 2018 as Fed hikes rates

January 17, 2018 / www.kitco.com

By Lynn AdlerNEW YORK, Jan 17 (Reuters) - Retail investors are expected to keep pouring money into leveraged loan funds this year as they continue to show a clear preference for floating-rate assets in a rising interest rate environment, portfolio managers said.Net inflows of nearly US$13bn in 2017 were 34% higher than in 2016, despite moderate outflows in most weeks since early August, according...Read More

RPT-Banks expected to share tiny proportion of mammoth Saudi Aramco IPO

January 17, 2018 / www.kitco.com

(Repeats to more subscribers with no changes to text)* Fees estimated at less than 0.2 pct of listing* Financial reward smaller than other big IPOs* Bankers jostling for mandates for league table credit, prestige* Also hoping for piece of larger Vision 2030 pie By Dasha Afanasieva and Clara Denina LONDON, Jan 17 (Reuters) - The banks that will advise and execute Saudi Aramco's stock market listi...Read More

#Euro Speculators Amass The Greatest Long Positioning Ever | Zero Hedge

January 17, 2018 / www.zerohedge.com

The last week saw speculators in the EURUSD FX futures market added dramatically to their long positions. In fact, as Bloomberg reports, hedge funds and other speculative investors have amassed the heaviest long positions on the euro ever, according to the latest CFTC data.Read full newsRead More

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