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RT @NRDCEnergy: Trump-appointed regulators reject plan to rescue #coal and #nuclear plants

January 08, 2018 / wapo.st

Plan would have boosted coal and nuclear power over natural gas and renewable energyRead full newsRead More

RT @MktwSaefong: Drivers are set to pay more for gasoline this year, says @GasBuddy

January 08, 2018 / on.mktw.net

Regular unleaded gasoline prices this year are expected to hit their highest annual average since 2014, according to gas-price tracker GasBuddy.Read full newsRead More

Gold Prices Decline In Asian Trading, Approach $1,315 Level

January 08, 2018 / www.kitco.com

(Kitco News) - Gold saw a modest drop during the Asian trading hours on Tuesday after the U.S. Dollar Index reported gains in the previous North American session.Spot gold on Kitco.com was last seen trading at $1,316.70, down 0.23% on the day.Kitco’s senior technical analyst, Jim Wyckoff, pointed out that U.S. stock indexes saw gains on Monday and hit new record highs, which served as a...Read More

Gold Seeker Closing Report: Gold and Silver End Slightly Lower

January 08, 2018 / news.goldseek.com

CloseGain/LossGold $1320.00-$0.50Silver$17.12-$0.08XAU86.29-1.26%HUI194.89-1.64%GDM656.05-0.87%JSE Gold1319.12-3.59USD92.34+0.37Euro119.67-0.75Yen88.47+0.04Oil$61.73+$0.2910-Year2.479%+0.002T-Bond151.8125UNCHDow25283.00-0.05%Nasdaq7157.39+0.29%S&P2747.71+0.17% The Metals: Gold fell $5.70 to $1314.80 in Asia before it bounced back to $1321.00 in London and then drifted back lower in morning...Read More

10 Reasons Why You Should Add To Your Gold Holdings

January 08, 2018 / news.goldseek.com

- Gold currently undervalued- Since 2000, the gold price has beaten the S&P 500 Index- A 'a once-in-a-decade opportunity' as gold-to-S&P 500 ratio is at its lowest point in 10 years.- Reached 'peak gold' as exploration budgets continue to tighten- $80 trillion sits in global equities, a 'ticking time bomb'- Gold remains an appealing diversifier in the current environment of high valuations and...Read More

Gold Seeker Closing Report: Gold and Silver End Slightly Lower

January 08, 2018 / news.goldseek.com

CloseGain/LossGold $1320.00-$0.50Silver$17.12-$0.08XAU86.29-1.26%HUI194.89-1.64%GDM656.05-0.87%JSE Gold1319.12-3.59USD92.34+0.37Euro119.67-0.75Yen88.47+0.04Oil$61.73+$0.2910-Year2.479%+0.002T-Bond151.8125UNCHDow25283.00-0.05%Nasdaq7157.39+0.29%S&P2747.71+0.17% The Metals: Gold fell $5.70 to $1314.80 in Asia before it bounced back to $1321.00 in London and then drifted back lower in morning...Read More

10 Reasons Why You Should Add To Your Gold Holdings

January 08, 2018 / news.goldseek.com

- Gold currently undervalued- Since 2000, the gold price has beaten the S&P 500 Index- A 'a once-in-a-decade opportunity' as gold-to-S&P 500 ratio is at its lowest point in 10 years.- Reached 'peak gold' as exploration budgets continue to tighten- $80 trillion sits in global equities, a 'ticking time bomb'- Gold remains an appealing diversifier in the current environment of high valuations and...Read More

China's central bank says it will skip OMOs on Tuesday

January 08, 2018 / www.kitco.com

SHANGHAI, Jan 9 (Reuters) - China's central bank said it will skip open market operations for the 12th straight trading day on Tuesday as liquidity levels in the banking system were "appropriate".On a net basis, the People's Bank of China (PBOC) will drain 130 billion yuan ($20.01 billion) from the money market for the day, equal to the amount of reverse repos due to mature on Tuesday.Th...Read More

UK firms hire permanent staff at fastest rate in 4 months - recruiters

January 08, 2018 / www.kitco.com

LONDON, Jan 9 (Reuters) - British companies hired permanent staff last month at the fastest rate since August, pushing up starting salaries, recruiters said on Tuesday.The figures from the Recruitment and Employment Confederation contrast with the latest official data, which showed a fall in the number of people in work and sluggish pay growth during the three months to October.The REC said demand...Read More

RPT-COLUMN-New year, new highs for zinc as market tightens further: Andy Home

January 08, 2018 / www.kitco.com

(Repeats with no changes. The opinions expressed here are those of the author, a columnist for Reuters)* LME zinc price at 10-year highs: * LME zinc stocks and spreads: * China's zinc imports: By Andy HomeLONDON, Jan 8 (Reuters) - Zinc has started the new year with a bang, hitting a fresh 10-year high of $3,380 per tonne in the first week of trading on the London Metal Exchange (LME). The only hi...Read More

FOREX-Euro rally loses steam, dollar firms slightly vs yen

January 08, 2018 / www.kitco.com

* Euro below $1.20 on profit-taking after record long positions* Dollar still hampered by doubts over Fed rate hike scenario By Hideyuki SanoTOKYO, Jan 9 (Reuters) - The euro languished on Tuesday after slipping from last week's high as investors were cautious after a months-long rally, while the dollar firmed against the yen though a lack of catalysts tempered its momentum.The euro traded at $1....Read More

Your smartphone is making you stupid, antisocial and unhealthy. So why can't you put it down? /via @globeandmail

January 08, 2018 / www.theglobeandmail.com

A decade ago, smart devices promised to change the way we think and interact, and they have - but not by making us smarter. Eric Andrew-Gee explores the growing body of scientific evidence that digital distraction is damaging our mindsRead full newsRead More

Fund managers say U.S. regulator told them to suspend bitcoin bids

January 08, 2018 / www.kitco.com

NEW YORK, Jan 8 (Reuters) - Two U.S. companies withdrew proposals to launch bitcoin-based exchange-traded funds pending before the Securities and Exchange Commission (SEC) on Monday, citing ongoing concerns by the regulatory agency, filings showed.Staff at the SEC "expressed concerns regarding the liquidity and valuation" of futures based on the digital assets, according to one of the fi...Read More

Gold supported above $1315, consolidates near 3-month lows

January 08, 2018 / www.fxstreet.com

Yellow metal steady, hovering near $1320.  Gold uptrend intact.  The yellow metal continues to move sideways on Monday, near the 3-month high it reached last Thursday at $1,326/oz. Price has been consolidating between around $1,318 during the American session.  Price bottomed earlier today at $1,314.50 and then rebounded but if failed to rally on top of $1,320. The bullish tone re...Read More

Australia job advertisements fall 2.3 pct in Dec-ANZ

January 08, 2018 / www.kitco.com

SYDNEY, Jan 9 (Reuters) - Australian job advertisements in newspapers and on the internet fell in December after a couple of months of solid gains, a survey showed on Tuesday, suggesting some cooling in what has been a very strong labour market.A monthly survey by Australia and New Zealand Banking Group showed total job advertisements dropped 2.3 percent in December, from November when they rose 1...Read More

China Stocks-Factors to watch on Tuesday

January 08, 2018 / www.kitco.com

* PREVIOUS TRADING SESSION MOVES:* SSEC +0.5 pct, CSI300 +0.5 pct, HSI +0.3 pct* HK->Shanghai Connect daily quota used 5.7 pct, Shanghai->HK daily quota used 24.9 pct* HK->Shenzhen Connect daily quota used 9.1 pct, Shenzhen->HK daily quota used 10.5 pct* CNY official close 6.4984 per dollar* FTSE China A50 +0.3 pct, BNY Mellon ADR China Select Index +0.6 pct SHANGHAI, Jan 9 (Reuters)...Read More

DIARY-Government Debt Auctions to Feb 28

January 08, 2018 / www.kitco.com

Jan 9 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATE COUNTRY AUCTION DETAILS9-JanUnited States Sale of 3-year notes9-JanUnited KingdomAuction of 1 1/4 % Treasury Gilt 20279-JanNetherlands DSL auction9-JanBelgium Auction of Treasury bills10-Jan United States Sale of 10-year notes10-Jan Japan 6-month discount bill...Read More

DIARY-Top Economic Events to Feb 27

January 08, 2018 / www.kitco.com

Jan 9 (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, JANUARY 9BRUSSELS - The European Commission holds a conference, with speakers including...Read More

Japan's Nikkei share average hits highest since Nov 1991

January 08, 2018 / www.kitco.com

TOKYO, Jan 9 (Reuters) - The Nikkei share average hit a 26-year high on Tuesday, helped by gains on Wall Street during a Japanese holiday and as a weaker yen lifted investors' appetite for risk.The Nikkei was up 0.9 percent at 23,952.61 in early trade, its highest since November 1991. Japanese markets were closed on Monday for a national holiday.The broader Topix was 0.7 percent higher at 1,892.71...Read More

Japan Nov real wages rise for first time in 11 months

January 08, 2018 / www.kitco.com

TOKYO, Jan 9 (Reuters) - Japanese wages rose 0.1 percent in November from a year earlier after adjustments for inflation, offering hope that consumer spending will start to strengthen.The increase was the first in 11 months, which is also an encouraging sign that workers had more money to spend during the crucial year-end shopping season.Nominal cash earnings rose 0.9 percent in November from the...Read More

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