CloseGain/LossGold $1336.30+$4.50Silver$16.70+$0.10XAU83.07-0.96%HUI185.80-1.19%GDM633.83-1.41%JSE Gold1200.17-28.72USD89.60+0.44Euro123.92-0.67Yen91.37+0.52Oil$64.15-$1.3010-Year2.731%-0.107T-Bond146.53125+1.75Dow24345.75-4.60%Nasdaq6967.53-3.78%S&P2648.94-4.10% The Metals: Gold gained $6.80 to $1338.60 in London before it drifted back towards unchanged in New York, but it then jumped to...Read More

- Shrinkflation continues to take hold across UK, Ireland and US for sixth year running- Shrinkflation sees consumers gets less product, but at the same or increased price- 2,500 products have shrunk according to Office of National Statistics in UK- Reported inflation is between 1.7% and 3% but actually much higher- Shrinkflation is financial fraud, unreported inflation in stealth mode- Gold...Read More

The big question is if has gold topped out for the short term. Traders are expecting a March interest rate hike by the Federal Reserve after nonfarm payrolls. My 2018 analysis is based on four interest rate hikes this year. I expect gold price to rise despite four interest rate hikes by the Federal Reserve. Only the pace of rise and pace of fall will not be as per trader expectation. Asian gold...Read More

Bond yields just flash-crashed. Dow is down 1300 points. VIX is above 34!Read full newsRead More

SHANGHAI, Feb 6 (Reuters) - China's central bank said it will skip open market operations for the ninth straight trading day on Tuesday as liquidity levels in the banking system were "relatively high".On a net basis, the People's Bank of China (PBOC) will drain 80 billion yuan ($12.73 billion) from the money market for the day, equal to the amount of reverse repos due to mature on Tuesda...Read More

(Recasts with White House statement)By Steve Holland and Trevor HunnicuttWASHINGTON/NEW YORK, Feb 5 (Reuters) - After U.S. stocks plummeted on Monday, the White House sought to play down concerns, saying President Donald Trump was focused on "exceptionally strong" underlying fundamentals in the economy.White House spokeswoman Sarah Sanders said the economy was experiencing "strengt...Read More

WASHINGTON, Feb 5 (Reuters) - The U.S. House of Representatives is expected to vote on Tuesday on a short-term measure to fund the federal government through March 23 and avert another shutdown, Republican House members said on Monday.The measure would fund most government agencies and contain a year of defense funding as well as two years of funding for community health centers, the Republican re...Read More

STUTTGART, Germany, Feb 6 (Reuters) - Industrial workers and employers in southwestern Germany struck a deal on pay and working hours on Monday night, in a hard-fought pact likely to set a benchmark for millions of workers across Europe's largest economy.The deal between labour union IG Metall and the Suedwestmetall employers' federation foresees a pay rise of 4.3 percent from April and other pay...Read More

* PREVIOUS TRADING SESSION MOVES:* SSEC +0.7 pct, CSI300 +0.1 pct, HSI -1.1 pct* Shanghai->HK daily quota used 71.9 pct* HK->Shenzhen Connect daily quota used 1.3 pct, Shenzhen->HK daily quota used 25.6 pct* CNY official close 6.294 per dollar* FTSE China A50 +0.5 pct, BNY Mellon ADR China Select Index -2.1 pct SHANGHAI, Feb 6 (Reuters) - Following is a list of recent corporate and polic...Read More

TOKYO, Feb 6 (Reuters) - Japan's Nikkei share average dived on Tuesday morning to a level not seen since late October after Wall Street plunged overnight on concerns about rising bond yields and potentially rising inflation.The Nikkei fell to as low as 21,698.52, and was down 4 percent in early morning.The broader Topix fell 4.3 percent to 1,745.79. (Reporting by Ayai Tomisawa) Disclaimer: The vi...Read More

Feb 6 (Reuters) - For other diaries, please see:Top Economic Events Government Debt Auctions Political and General News Events Index of All Diaries Guide to Economic Indicators -----------------------------------------------------------This Diary is filed daily.** Indicates new events ----------------------------------------------------------- TUESDAY, FEBRUARY 6 SYDNEY - Reserve Bank of Australia...Read More

Feb 6 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATECOUNTRY AUCTION DETAILS6-FebUnited States Sale of 3-year notes6-FebBelgium Auction of Treasury bills7-FebGermany Auction of 10-year Federal bonds7-FebUnited States Sale of 10-year notes7-FebJapan 6-month discount bill auction7-FebSwedenAuction of government bond...Read More

Feb 6 (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 ----------------------------------------------------------- TUESDAY, FEBRUARY 6 LONDON - Elisabeth Stheeman, newly appointed external member of the Bank of...Read More

By Gertrude Chavez-DreyfussNEW YORK, Feb 5 (Reuters) - Scottish entrepreneurs Doug Barrowman and Michelle Mone are seeking to raise about $80 million in a token offering next month to finance an investment platform that they say should open up venture capital investing to a wider audience.EQUI is a web-based application on the popular Ethereum blockchain. Projects are showcased on the platform and...Read More

SEOUL, Feb 6 (Reuters) - South Korea has scrapped the implementation of a proposed widening of capital gains tax on foreign buyers of Seoul stocks, the finance ministry said in a statement on Tuesday.In its annual tax code revision in August 2017, South Korea said it was seeking to extend the tax base to take in moreforeign investors and larger shareholders. The August 2017 draft proposed to lower...Read More

NEW YORK, Feb 5 (Reuters) - Several major financial services firms faced technical service glitches on their apps or websites during Monday's volatile trading session, according to the companies and a monitoring service.Investment firms T. Rowe Price Group Inc. and Vanguard Group apologized to customers for sporadic outages on their websites during the Dow industrials' 1600-point downturn, and sai...Read More

* Dow industrials notch biggest intraday points loss ever* S&P, Dow suffer worst declines since August 2011* S&P500 down nearly 8 pct from record levels* Dow, S&P 500 erase 2018's gains* S&P 500 E-mini futures rise late on Monday (Adds futures trading, trader comments)By Lewis KrauskopfFeb 5 (Reuters) - U.S. stocks plunged in highly volatile trading on Monday, with both the S&P...Read More

PDAC is taking place this year from March 4 to 7 in Toronto, and there will be plenty of events for attendees to check out.Read full newsRead More

* Dow industrials notch biggest intraday points loss ever* S&P, Dow suffer worst declines since August 2011* S&P500 down nearly 8 pct from record levels* Dow, S&P 500 erase 2018's gains (Updates with further comments, context)By Lewis KrauskopfFeb 5 (Reuters) - U.S. stocks plunged in highly volatile trading on Monday, with both the S&P 500 and Dow Industrials indices slumping more...Read More

Gold prices unable to retain early gains, undermine by upbeat US data. Spot gold stuck at the lower end of Friday's range. Spot gold managed to add a couple of bucks on the first day of the week, ending it around $1,334.00 a troy ounce. The metal peaked for the day 1,338.49, but dollar's recovery during US trading hours pulled it down. The bright metal traded sideways in the lower end of...Read More