Peru's Ministry of Energy and Mines released its most recent statistical report, which highlights that November was one of the best months in 2016 when it comes to investments in the mining sector. According to the deputy minister Ricardo Lab??, investments grew by 54.8% compared to the same month of 2016 and reached $515 million. The overall growth in investments from January to November 2017 was...Read More

Peru's Ministry of Energy and Mines released its most recent statistical report, which highlights that November was one of the best months in 2016 when it comes to investments in the mining sector. According to the deputy minister Ricardo Lab??, investments grew by 54.8% compared to the same month of 2016 and reached $515 million. The overall growth in investments from January to November 2017 was...Read More

TORONTO, Jan 5 (Reuters) - Canada's main stock index opened lower on Friday, weighed down by losses among energy companies and other natural resource stocks as oil prices retreated, while marijuana producers also extended losses after Thursday's toughening of U.S. federal law.The Toronto Stock Exchange's S&P/TSX composite index was down 80.29 points, or 0.49 percent, at 16,332.65 shortly after...Read More

Farmers shouldn't be too concerned yet that the recent Agrium, Potash Corp of Saskatchewan merger will cause an increase in the price of fertilizer, at least according to the president of one provincial producer group."(The merger is) a hard one to find a whole bunch of negatives or positives about it. A year from now it might be a different story," said Todd Lewis, president of the Agricultural P...Read More

(Kitco News) - Gold prices are modestly lower and trading near thelevels seen just before the release of the U.S. employment report for December.That report was on the weaker side of expectations and gave gold prices a briefpop. However, gold prices have faded again as the U.S. dollar has regained theadvances it briefly lost after the jobs report. February gold was last down$3.90 an ounce at $1,31...Read More

(Kitco News) - Gold prices are modestly lower and trading near the levels seen just before the release of the U.S. employment report for December. That report was on the weaker side of expectations and gave gold prices a brief pop. However, gold prices have faded again as the U.S. dollar has regained the advances it briefly lost after the jobs report. February gold was last down $3.90 an ounce at...Read More

Jan 5 (Reuters) - Wall Street's main indexes opened at records on Friday as investors looked beyond weaker-than-expected U.S. job additions in December and took support from signs of a pick-up in wage growth.The Dow Jones Industrial Average rose 52 points, or 0.21 percent, to 25,127.13. The S&P 500 gained 8.21 points, or 0.301396 percent, to 2,732.2. The Nasdaq Composite added 27.70 points, or...Read More

(Updates markets, adds comment)By Ann SaphirJan 5 (Reuters) - Traders of U.S. short-term interest-rate futures continued to bet the Federal Reserve would raise interest rates just two times this year after a U.S. government report showed employers added fewer jobs than expected in December, even as wages picked up.The "soggy" data will do little to convince the Fed it needs to do much m...Read More

Drug stock Valeant Pharmaceuticals International Inc (NYSE:VRX) is continuing its climb higher, after brokerage firm TD Securities raised its price target to $27 from $20 earlier. The firm is in the minority with its "buy" rating on VRX; currently, the stock sports just four "buy" or better ratings, compared to 10 "holds" and five "sells." VRX shares are up 1.3% at $23.36 in electronic tradi...Read More

By David LjunggrenOTTAWA, Jan 5 (Reuters) - The surging Canadian economy added almost 80,000 jobs in December for the second month in a row, boosting chances the Bank of Canada could hike interest rates in the first quarter of 2018 for what would be the third time in less than a year.Statistics Canada on Friday reported 78,600 new positions in December, smashing analysts' expectations of a modest...Read More

Jobs data will be in focus today, after the Labor Department said the U.S. economy added 148,000 jobs in December. Although this marked the slowest pace of job growth in three months -- and missed the consensus forecast for 198,000 new jobs -- stock futures are holding onto early gains, as wages increased slightlyand the unemployment rate held at 4.1%. Another positive session would have the Dow J...Read More

* U.S. economy adds 148,000 jobs in Dec vs est. 190,000* Average hourly earnings rise 0.3 percent* Cisco rises after upgrade* Futures up: Dow 88 pts, S&P 9.25 pts, Nasdaq 31.25 pts (Adds details on jobs data, comment, updates share prices)By Sruthi ShankarJan 5 (Reuters) - Wall Street was set to open higher on Friday as investors looked beyond weaker-than-expected U.S. job additions in Decembe...Read More

NEW YORK, Jan 5 (Reuters) - The U.S. bond market's gauges of inflation expectations turned flat on Friday, trimming a modest drop linked to a December payrolls report that showed a smaller-than-forecast rise in hiring and in-line growth in average hourly earnings.At 9:11 a.m. (1411 GMT), the 10-year inflation breakeven rate, or the yield gap between 10-year Treasury Inflation Protected Securities...Read More

LONDON, Jan 5 (Reuters) - Barclays has appointed Kunal Gandhi as head of corporate broking and Rob Mayhew as his deputy, according to an internal memo seen by Reuters on Friday.Gandhi helped build Barclays' corporate broking business by advising clients including insurer Legal & General and the London Stock Exchange , the memo said.Corporate broking is a banking business common in Britain but...Read More

LONDON, Jan 5 (Reuters) - U.S. stock futures and the dollar trimmed gains on Friday after U.S. job growth slowed more than expected in December, although a pick-up in wage gains suggested further labour market strength that could pave the way for interest rate rises.The dollar index - the dollar measured against six other top world currencies - was flat after trading marginally higher before the j...Read More

By Andy BruceLONDON, Jan 5 (Reuters) - Britain's economy looks set for a subdued run-up to Brexit, according to a range of indicators that paint a mixed picture at the start of the country's last full year in the European Union.Forecasters generally think the world's sixth-largest economy will continue to expand at a slow but steady pace during 2018, a better prospect than the gloomy predictions m...Read More

FRANKFURT, Jan 5 (Reuters) - Tens of thousands of workers in the German metals and engineering industries will stage walkouts at companies across the country from next week as part of a campaign for higher pay, powerful union IG Metall said.The country's biggest union is demanding a 6 percent wage rise this year for about 3.9 million workers in the sector."We will build pressure with our firs...Read More

By Alasdair PalLONDON, Jan 5 (Reuters) - Hedge funds are circling British car dealers, betting on their increasing vulnerability as a five-year sales boom hits the skids in the face of waning consumer confidence and an accompanying drop in resale values.UK new car sales registered the biggest annual drop since 2009 last year, data showed on Friday, with the Society of Motor Manufacturers and Trade...Read More

(Adds details of release, background)OTTAWA, Jan 5 (Reuters) - Canada's trade deficit grew to C$2.54 billion ($2.03 billion) in November from C$1.55 billion in October as imports posted their biggest surge in more than eight years and far outpaced the growth of exports, Statistics Canada said on Friday.The deficit far exceeded the C$1.20 billion shortfall estimated by analysts in a Reuters poll.E...Read More

(Kitco News) - Gold prices are slightly higher in early U.S. trading Friday, and erased moderateovernight losses in the wake of a U.S. jobs report that was weaker thanexpected.February Comex gold was last up $1.20 an ounce at $1,322.80. March Comex silver was last up $0.021 at $17.295 an ounce.Fridaymorning's December U.S. employment report from the Labor Department showed anon-farm payrolls rise...Read More