Jan 17 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is filed daily. ** Indicates new events -----------------------------------------------------------WEDNESDAY, JANUARY 17 ** UPPSALA, Sweden - Deputy Governor Henry Ohlsson will talk about the cur...Read More
WELLINGTON, Jan 17 (Reuters) - Prices for New Zealand's main commodities slumped 2.2 percent in December, the largest decline in two years, ANZ Bank's commodity price index showed on Wednesday.The fall was led by prices for dairy, which dropped 5.6 percent. Non-dairy commodities also struggled, slipping 0.4 percent.The monthly fall was the third in a row and the largest since commodity prices bega...Read More
Even though it sees only minor gains for gold in 2018, with average prices rounding $1358 an ounce, bullion trader Sharps Pixley says it is important to add the yellow metal to one's assets. "Why so?," the company's CEO Ross Norman writes in a press release. "2016 and 2017 saw gold higher on strong spec buying in Q1, taking the market above the level of most physical buyers, before retracing in Q4...Read More
Iran's supreme leader accused Saudi rulers on Tuesday of committingRead full newsRead More
TOKYO, Jan 17 (Reuters) - Japan's core machinery orders rose by 5.7 percent in November from the previous month, Cabinet Office data showed on Wednesday, underlining a steady pickup in capital expenditure.The rise in core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, compared with a 1.4 percent drop expected in a Reuters poll o...Read More
Supreme leader calls on Muslim countries to rally behind 'totally ignored' PalestiniansRead full newsRead More
SYDNEY, Jan 17 (Reuters) -A measure of Australian consumer sentiment rose in January for a second month to its highest in four years, adding to recent signs that households were ready to spend more followinga long period of reticence. A Melbourne Institute and Westpac Bank survey of 1,200 people published on Wednesday said its index of consumer sentiment rose 1.8 percent in January from December w...Read More
Gold pricing continues its historic climb to higher prices, gaining yet more value in today's trading. As of 4:30 PM Eastern standard time, gold futures are trading $4.10 (+0.31%) higher at $1339. Gold continues to ride the tailwinds created from a tumbling U.S. dollar, which is currently off by over a half percent today as it broke below the major support level of 91 on the dollar index. Our tech...Read More
Gold pricing continues its historic climb to higher prices, gaining yet more value in today's trading. As of 4:30 PM Eastern standard time, gold futures are trading $4.10 (+0.31%) higher at $1339. Gold continues to ride the tailwinds created from a tumbling U.S. dollar, which is currently off by over a half percent today as it broke below the major support level of 91 on the dollar index. Our tech...Read More
(Updates prices, adds details from Mexico)By Bruno FederowskiBRASILIA, Jan 16 (Reuters) - Brazilian stocks on Tuesday edged up to an all-time high as optimism over the nation's economic prospects kept an early-year rally alive.The benchmark Bovespa stock index closed up 0.1 percent at 79,831.8, after earlier breaching the 80,000 mark for the first-time ever to hit 80,246.331.Demand for Brazilian a...Read More
(Adds background on mine outage, manganese forecast)Jan 17 (Reuters) - Mining group South32 Ltd said on Wednesday its second-quarter metallurgical coal output dropped 43 percent due to an outage at its Appin mine in Australia, while raising its full-year output forecast for South African manganese operations.Production of coal used in steelmaking fell to 788,000 tonnes in the December quarter fro...Read More
Apart from the crypto carnage today and news of the Dow’s fastest 1000-point rally in history, there hasn’t been an awful lot happening in other markets today, with the major FX pairs and gold being fairly stable. The main news was from the UK this morning, where inflation eased slightly for the first time since June. But at a good 3.0%, the Consumer Price Index (CPI) still remains a w...Read More
BUENOS AIRES, Jan 16 (Reuters) - Argentina's central bank cut interest rates to 27.24 percent from 28.75 percent on its short-term securities on Tuesday in its monthly auction, a move that was in line with market expectations after a recent change in inflation goals.The monetary authority sold 352.804 billion pesos ($18.667 billion) in Lebac securities. (Reporting by Walter Bianchi; Editing by Lis...Read More
MGX Minerals (CSE: XMG) and Highbury Energy have partnered to prepare a detailed process to extract metals such as nickel, vanadium, and cobalt from petroleum coke.According to a press release, Highbury's experts in thermochemical gasification are assisting MGX in designing a process to generate hydrogen gas and concentrate metals in the form of ash byproduct. Since petcoke is itself a carbon bypr...Read More
FTSE 100 closes lowerWall Street sees a new high, Dow Jones rises above 26,000Miners lagBitcoin, Ethereum and Ripple all shook by regulatory fears FTSE 100 closed in the red on Tuesday, with big cap miners dragging the UK's top tier index lower.Footsie closed out down around 13 points at 7,755, while the FTSE 250 gained ground - up over 44 points to 20,877.Top laggard was silver t...Read More
SYDNEY, Jan 17 (Reuters) - Bitcoin had lost a quarter of its value in early Asian trading on Wednesday as fears grew of a regulatory crackdown after reports that South Korea's finance minister said banning trading in cryptocurrencies was still an option.Bitcoin was last down 25 percent at $10,182.00 on the Luxembourg-based Bitstamp exchange. (Reporting by Wayne Cole; Editing by Sandra Maler) Disc...Read More
Mr. Derek White reportsASCOT ANNOUNCES NEW BOARD MEMBER AND GRANT OF STOCK OPTIONSAscot Resources Ltd. has appointed Don Njegovan to the Ascot board of directors effective immediately. Mr. Njegovan, currently the Vice President of New Business Development at Osisko Mining, headquartered in Toronto, Canada, brings a wealth of experience in both the banking and mining sectors with senior roles held...Read More
Mr. Derek White reportsASCOT ANNOUNCES NEW BOARD MEMBER AND GRANT OF STOCK OPTIONSAscot Resources Ltd. has appointed Don Njegovan to the Ascot board of directors effective immediately. Mr. Njegovan, currently the Vice President of New Business Development at Osisko Mining, headquartered in Toronto, Canada, brings a wealth of experience in both the banking and mining sectors with senior roles held...Read More
Shares in Eldorado Gold (TSX:ELD)(NYSE:EGO) were slightly up on Tuesday after the company announced full-year production that came in line with production guidance, but suspended its semi-annual dividend payment "pending the results of the technical reports and potential subsequent capital requirements."In a press release, the Vancouver-based miner revealed that, including pre-commercial productio...Read More
Shares in Eldorado Gold (TSX:ELD)(NYSE:EGO) were slightly up on Tuesday after the company announced full-year production that came in line with production guidance, but suspended its semi-annual dividend payment "pending the results of the technical reports and potential subsequent capital requirements."In a press release, the Vancouver-based miner revealed that, including pre-commercial productio...Read More