Purplebricks Group PLC (LON:PURP) has seen its stock fall today after a row erupted between the online estate agent and US broker Jefferies.In a punchy 'sell' note, analysts at the US investment bank claimed Purplebricks' shares were worth just 95p - far below the 475p they were trading at the time.They cited concerns over the number of homes that actually end up getting sold through the agent, an...Read More

The stronger oil price seen in recent months was bound to encourage shale production and this week numbers from the US met predictions.In early trading on Friday, Brent crude was close to US$70 with WTI above US$66 a barrel.The strength in the market was welcomed by key players, especially the international oil companies who are reporting this month.Goldman Sachs sets aggressive targetA few major...Read More

* U.S. dollar rises after jobs data, pares gains later* Euro falls against greenback* Yen inversely tracks with U.S. bond yields (Updates prices, market activity, adds commentary)By Stephanie KellyNEW YORK, Feb 2 (Reuters) - The U.S. dollar rose on Friday against a number of currencies including the Japanese yen and the euro after strong national jobs data, but the greenback later pared gains and...Read More

Once again there will be some quality corporate earnings to be released in the coming week, notably from oil major BP PLC (LON:BP) and drugs giant GlaxoSmithKline plc (LON:GSK), while the first Bank of England monetary policy decision of 2018 and latest UK inflation report will also be eyed.Back in November, all but two members of the BoE's Monetary Policy Committee (MPC) voted to increase interes...Read More

Continued dollar weakness is keeping gold's turnaround alive.Infrastructure spending would likely benefit gold as well.Other major factors remain supportive for the intermediate-term outlook. As the gold price continues its three-week-old lateral consolidation, sentiment remains mixed between those who believe the dollar is long overdue a relief rally and those who see the dollar's decline con...Read More

Peru will strengthen its position as one of the top five gold and silver producing countries in the world if it makes the most of the reserves of these two metals identified in its territory, said the National Society of Mining, Oil and Energy (SNMPE).The non-profit organization formed by major mining and energy companies operating in Peru reported that the country is currently the leading gold pr...Read More

(Adds Breakingviews link)* Nonfarm payrolls increase by 200,000 in January* Unemployment rate unchanged at 4.1 percent* Average hourly earnings rise 0.3 percent* Average hourly earnings increase 2.9 percent year-on-year By Lucia MutikaniWASHINGTON, Feb 2 (Reuters) - U.S. job growth surged in January and wages increased further, recording their largest annual gain in more than 8-1/2 years, bolste...Read More

Red Pine Exploration Inc. (TSXV:RPX) ("Red Pine" or the "Company") is pleased to announce that Ms. Tara Gilfillan, CPA, ICD.D has been appointed as Red Pine's Chief Financial Officer effective immediately.Read full newsRead More

Sojourn Exploration Inc. (TSXV:SOJ) ('Sojourn' or the 'Company') has joined forces and properties with Seven Devils Exploration Ltd. ('Seven Devils'), a private mineral exploration company owned by a renowned exploration team with a track record of discovery and a portfolio of exciting, early stage porphyry copper-gold projects.Read full newsRead More

After settling last week at record highs -- sending up a sobering sentiment signal in the latest Investors Intelligence (II) survey -- the U.S. stock market pulled back as reports that Apple halved its iPhone X production target weighed, and news of a high-profile healthcare initiative sent pharmacy stocks and health insurers spiraling. While Boeing earnings provided a brief respite from the selli...Read More

BTU METALS CORP. ("BTU" or the "Company") (BTU:TSXV) reports that it is currently mid-way through the previously announced drill program at its Shakespeare Gold properties (PR November 14, 2017) including the historic Shakespeare Mine shaft.Read full newsRead More

AUSTIN, Texas, Feb 2 (Reuters) - The U.S. economy will show further signs of inflation pressure in 2018 and the Federal Reserve should continue raising interest rates, Dallas Federal Reserve President Robert Kaplan said on Friday."You will see some inflation pressure this year," Kaplan said told a conference in Austin, Texas. "I believe that the Fed should be removing accommodation...Read More

U.S. stocks are sharply lower this afternoon, as the major equity indexes appear on track for their worst weekly losses in two years. Among the stocks making notable moves today are tech stock Impinj Inc (NASDAQ:PI), drug stock Viking Therapeutics (NASDAQ:VKTX), and GoPro (GPRO) supplier Ambarella Inc (NASDAQ:AMBA). Here's a closer look at what's moving shares of PI, VKTX, and AMBA today.Weak Ou...Read More

By Vince Lanci for Soren K.Group. Edit- we are writing this on the road and haven'tthe time to insert links. Feel free to click on the Soren K. group icon for our stories if you wish to find the items referred to. Thanks. 1-We've written here in October that a volatility indicator we use was cycling on its lows. This implied the market was due for a range break out on the monthly chart. 2-...Read More

Getty ImagesThe biggest problem companies face these days is finding enough skilled workers to fill a near-record number of job openings. The numbers: The U.S. created 200,000 new jobs in the first month of 2018, showing that companies are still hungry to hire more than eight years after an economic expansion began. Even better, worker pay also rose at the fastest yearly pace since 2009. The inc...Read More

MOSCOW, Feb 2 (Reuters) - Russian anti-monopoly service has allowed the mid-sized gold miner GV Gold to acquire Zoloto Kamchatki and other gold assets from Russian businessman Viktor Vekselberg and his partners, the service said in a statement on Friday.(Reporting by Oksana Kobzeva; writing by Polina Devitt; editing by Katya Golubkova)Read More

Gold futures ended lower on Friday, down more than 1% for the week, after a stronger-than-expected U.S. jobs report drove up the dollar and Treasury yields as the data laid some groundwork for a potentially more aggressive Federal Reserve interest-rate response this year. April gold GCJ8, +0.19% shed $10.60, or 0.8%, to settle at $1,337.30 an ounce, building a total loss of roughly 1.5% for the we...Read More

(Kitco News)- As the saying goes: “to the victor go the spoils.”And there is a lot on the line as the Philadelphia Eaglesand the New England Patriots meet in Minneapolis for Super Bowl LII, on thefield and off.The competition for football dominance is not just played in the stadium, but in jewelry and precious metals as Super Bowl rings get more intricate and include more attitude. Cur...Read More

(Kitco News) - As the saying goes: “to the victor go the spoils.”And there is a lot on the line as the Philadelphia Eagles and the New England Patriots meet in Minneapolis for Super Bowl LII, on the field and off.The competition for football dominance is not just played in the stadium, but in jewelry and precious metals as Super Bowl rings get more intricate and include more attitude....Read More

It's sharping up to be a miserable week for the U.S. stock market, but that's done little to slow down shares of small-cap sporting goods stock Johnson Outdoors Inc. (NASDAQ:JOUT). At last check, JOUT was trading up 18.8% at $72.50, making it among the best Nasdaq stocks in today's session, thanks to the company's better-than-expected fiscal first-quarter sales. Revenue was clocked at $116.6 milli...Read More