(The opinions expressed here are those of the author, a columnist for Reuters.)* By Andy HomeLONDON, June 7 (Reuters) - Is a showdown looming in the world of industrial metals trading? It would, at first glance, seem that way. In the red (-leather seat) corner sits the London Metal Exchange (LME), the 140-year-old incumbent, still dominant in terms of global price-setting but recently showing sig...Read More

* Qatar Islamic Bank sinks; dependence on Gulf deposits* Buying opportunity for some cheap Qatari shares* Abu Dhabi's Dana Gas jumps on receipt of Egypt payments* Saudi trading volumes rise as MSCI decision nears* Ezz Steel surges as Egypt imposes import tariff By Celine AswadDUBAI, June 7 (Reuters) - Qatar's stock market fell for a third straight day on Wednesday, hit by the breaking of diplomat...Read More

(Kitco News) - Yields on U.S. Treasury notes (USTs) are likely to be the biggest influence on gold going forward, say analyst with Standard Chartered.In the meantime, the precious metal could get a lift from political and geopolitical turmoil, but this type of a safe-haven bid tends to be temporary, the bank pointed out.Spot gold on Tuesday hit its highest level of 2017, peaking just above $1,296...Read More

NEW YORK, June 7 (Reuters) - The U.S. Securities and Exchange Commission will take up to another 60 days to decide whether to allow the sale of the Chicago Stock Exchange to a group of investors led by China-based Chongqing Casin Enterprise Group.The SEC, which reviews proposed mergers involving exchanges to ensure they comply with federal regulations and appropriately self-police their brokerage...Read More

WARSAW, June 7 (Reuters) - Poland's zloty currencyhas strongly appreciated recently but the central bank is not concerned about these gains given robust growth in the domestic economy, the bank's Governor Adam Glapinski said on Wednesday."We are carefully watching (the zloty exchange rate)," Glapinski said after the bank decided earlier on Wednesday to keep rates at a record-low. "One can see that...Read More

* Tightening polls add urgency to staffing plans* Dealers keep Brexit, Trump surprises in mind* Traders, analysts to stay late, start early, use Asia* Pizzas ordered to fuel all-nighter (Adds extended Tradeweb operating hours)By Helen ReidLONDON, June 7 (Reuters) - Bankers, brokers and money managers are pulling in extra staff to handle any big market moves on Thursday night as tightening polls ma...Read More

WARSAW, June 7 (Reuters) - Poland's inflation will likely remain at a "moderate" level in the coming quarters, the central bank reiterated on Wednesday, explaining its decision to keep interest rates at an all-time low.The bank also said that the current level of rates, with the benchmark rate at 1.50 percent since March 2015, has helped keep Poland on a path of balanced economic growth.The bank s...Read More

From safety deposit boxes in leafy west London to high-security facilities housing gold and silver in Frankfurt, companies that store valuables are expanding to meet demand.A rush into haven assets that began during the financial crisis is getting a new lease on life from an upsurge in populist politics and a quickening of inflation. Two firms say they plan to open vaults in Europe capable of hold...Read More

Minning JournalLog in or subscribe to access this article LOGIN HEREAlready a member?EmailPassword Remember meForgot password ?CancelLost Password Email addressBe everywhere in miningAccess the industry's go-to information resource, with coverage that adds insight to industry topics, trends and issues that matter in the macro environment.Digital3 Users: ?25 per user, per monthSUBSCRIBE NOWThe i...Read More

* Former FBI director to testify before Congress on Thursday* UK election in focus* Navistar dips after posting quarterly loss* Indexes up: Dow 0.11 pct, S&P 0.10 pct, Nasdaq 0.26 pct (Updates to open)By Tanya AgrawalJune 7 (Reuters) - U.S. stocks opened slightly higher on Wednesday but gains were limited as investors stayed on the sidelines ahead of Thursday's major political and economic events....Read More

(Kitco News) - It's always prudent for traders of any market and anytrading timeframe-even the short-term intra-day traders-to examine longer-termprice charts, such as weekly and monthly charts. History proves thatsignificant, trending moves in markets tend to see their prices gravitatetoward historical highs (in an uptrend) or lows (in a downtrend), which aredepicted on those longer-term charts....Read More

By Sarah McFarlane in London and Summer Said in Dubai Russia's sale of one-fifth of its state-owned oil company to Qatar and commodities giant Glencore PLC last year had an unusual provision: Moscow and Doha agreed Russia would buy a stake back, people familiar with the matter said. Russian President Vladimir Putin hailed the EUR10.2 billion ($11.5 billion) sale of the PAO Rosneft stake in Decembe...Read More

* Congolese clamour to vote, fear further election delays* President Kabila coopts opposition to ease pressure for vote* Economy worsens, corruption spreads* Officials reject comparisons with slide to war in 1990s By Aaron RossKINSHASA, June 7 (Reuters) - Arnaud Kalala had queued for hours in Kinshasa's rainy season heat to register to vote in an overdue election to replace Congolese President Jo...Read More

* Current chairman to step down on Oct. 31* Anglo's recovery stalling after commodities market rally in 2016* Chambers involved in two big takeover deals last year (Adds comments from analysts, industry source)By Rahul B and Barbara LewisJune 7 (Reuters) - Anglo American has appointed Stuart Chambers, the former chairman of British chip designer ARM Holdings and packaging group Rexam, to succeed J...Read More

(Corrects size of Algebris fund in paragraph 5)* Sterling fell 3 percent in less than four weeks* Hedge funds take view that pound will fall further* Exit from EU chief among British concerns for hedge funds By Maiya Keidan and Patrick GrahamLONDON, June 6 (Reuters) - Whatever the outcome of Britain's election on Thursday, some hedge funds are still betting sterling will fall anew -- anticipatin...Read More

The Africa-focused junior last week announced it would draw down the remaining half of a ?400,000 loan from Paracale Gold, which will help fund GoldStone into early 2018, and convert the loan amount plus interest into shares.GoldStone's directors also agreed to convert accrued and future salaries and fees through to the end of September into new ordinary shares to preserve cash.The measures follo...Read More

Money StuffBank Bailouts and Property Taxesby Matt Levine@matt_levineMore stories by Matt LevineRead More

(Updates with more share gains)* Banking shares rise after Santander rescues rival Popular* Euro hit by report ECB may cut inflation outlook* All eyes on "Triple Threat Thursday"* Graphic: World FX rates in 2017 By Patrick Graham and Danilo MasoniLONDON, June 7 (Reuters) - A smoothly executed rescue of Spain's struggling Banco Popular drove European banking stocks higher on Wednesday in financial...Read More

Jun 07, 2017 (Marketwired via COMTEX) -- SAN FRANCISCO, CA--(Marketwired - June 07, 2017) - With primary targets still not accessible due to weather, secondary targets are the focus, and analysts Ryan Walker of Echelon Wealth Partners and Adam Melnyk of PI Financial weigh in on the latest results. Company included in article: Victoria Gold Corp. In a June 5 press release, Victoria Gold Corp. (VI...Read More

Stock futures were in a holding pattern again on Wednesday as investors cautiosuly waited for direction from a number of market-churning events on Thursday. S&P 500 futures were up 0.04%, Dow Jones Industrial Average futures were flat, and Nasdaq futures rose 0.14%. Top of the list, the investigation into the Trump campaign's alleged ties with Russia will come back into the spotlight as fo...Read More