Recent News

Philippines' May inflation hits 4-month low

June 05, 2017 / www.kitco.com

MANILA, June 6 (Reuters) - Philippines' annual inflation eased to its slowest pace in four months in May, reflecting slower price increases for eight commodity groups including food and non-alcoholic beverages, official date from the statistics agency showed on Tuesday.The annual rate of consumer price inflation was 3.1 percent in May, below economists' forecast for an increase to 3.3 percent, sup...Read More

New Zealand May commodity prices rise 3.2 pct m/m - ANZ survey

June 05, 2017 / www.kitco.com

SYDNEY, June 6 (Reuters) - Prices for New Zealand's main commodities rose in May, lifted by a surge in apple and kiwifruit prices, ANZ Bank's commodity price index showed on Tuesday.The index gained 3.2 percent for the month from April, compared with a 0.2 percent fall in the previous month. On an annual basis the index was 26.3 percent higher, ahead of a 23.7 percent rise the month before.The big...Read More

FOREX-Dollar firm after pulling off lows vs yen, Aussie awaits RBA

June 05, 2017 / www.kitco.com

* Dollar/yen steady after moving off low thanks to US yield bounce* Aussie looks to RBA for cues after 2 days of solid gains* RBA widely expected to stand pat, focus on its economic view By Shinichi SaoshiroTOKYO, June 6 (Reuters) - The dollar held firm early on Tuesday after crawling away from an 18-day low against the yen thanks to a bounce in U.S. yields, while the Australian dollar was steady...Read More

Taiwan May CPI rises fastest since Jan; in line with f'cast

June 05, 2017 / www.kitco.com

TAIPEI, June 6 (Reuters) - Taiwan's consumer price index for May was released by the Directorate General of Budget, Accounting and Statistics on Tuesday. The CPI rose 0.59 percent year on year, its fastest expansion since January, the directorate said in a statement. The indicator was in line with anayst forecasts.MAYAPRIL CPI (y/y pct chg) +0.59+0.10* Reuters poll+0.6 WPI (y/y pct chg) -1.12+1.0...Read More

China Stocks-Factors to watch on Tuesday

June 05, 2017 / www.kitco.com

* PREVIOUS TRADING SESSION MOVES:* SSEC -0.5 pct, CSI300 -0.5 pct, HSI -0.2 pct* HK->Shanghai Connect daily quota used 6.7 pct* HK->Shenzhen Connect daily quota used 7.8 pct, Shenzhen->HK daily quota used 4.6 pct* CNY official close 6.8046 per dollar* FTSE China A50 -1.1 pct, BNY Mellon ADR China Select Index -0.3 pct SHANGHAI, June 6 (Reuters) - Following is a list of recent corporate and policy...Read More

Contractor Charged With Leaking Document About U.S. Election Hacking: Sources

June 05, 2017 / www.kitco.com

By Dustin Volz and Mark Hosenball | WASHINGTONThe U.S. Department of Justice on Monday charged a federal contractor with sending classified material to a news organization that sources identified to Reuters as The Intercept, marking one of the first concrete efforts by the Trump administration to crack down on leaks to the media.Reality Leigh Winner, 25, was charged with removing classified materi...Read More

Gold Seeker Closing Report: Gold and Silver End Slightly Higher

June 05, 2017 / news.goldseek.com

CloseGain/LossGold $1279.60+$1.40Silver$17.57+$0.05XAU83.12-0.12%HUI192.84+0.70%GDM632.61+0.20%JSE Gold1319.37+13.02USD96.81+0.13Euro112.58-0.27Yen90.50-0.08Oil$47.40-$0.2610-Year2.180%+0.030T-Bond155.6875-0.46875Dow21184.04-0.10%Nasdaq6295.68-0.16%S&P2436.10-0.12% The Metals: Gold gained $4.80 to $1283.00 by a little after 8AM EST before it dropped back to $1277.90 in the next four hours...Read More

Gold and Silver Market Morning: June 5 2017 - Gold consolidating with a positive bias!

June 05, 2017 / news.goldseek.com

Gold Today -New York closed at $1,278.20 Friday after closing at $1,270.10 Thursday. London opened at $1,281.00 today. Overall the dollar was weaker against global currencies, early today. Before London's opening: - The $: EUR was weaker at $1.1264 after Friday's $1.1222: EUR1.- The Dollar index was weaker at 96.77 after yesterday's 97.20. -...Read More

Terrorist attacks see Gold Stay Firm

June 05, 2017 / news.goldseek.com

A summer evening on London Bridge and in Borough Market ended in terror on Saturday as attackers killed seven people and injured 48.This is the second terrorist attack on British soil in less than two weeks and the the third this year. The attack was immediately labelled as a terrorist attack. In the hours that followed police arrested a further 12 people who were suspected of having links to th...Read More

Gold Seeker Closing Report: Gold and Silver End Slightly Higher

June 05, 2017 / news.goldseek.com

CloseGain/LossGold $1279.60+$1.40Silver$17.57+$0.05XAU83.12-0.12%HUI192.84+0.70%GDM632.61+0.20%JSE Gold1319.37+13.02USD96.81+0.13Euro112.58-0.27Yen90.50-0.08Oil$47.40-$0.2610-Year2.180%+0.030T-Bond155.6875-0.46875Dow21184.04-0.10%Nasdaq6295.68-0.16%S&P2436.10-0.12% The Metals: Gold gained $4.80 to $1283.00 by a little after 8AM EST before it dropped back to $1277.90 in the next four hours...Read More

Gold and Silver Market Morning: June 5 2017 - Gold consolidating with a positive bias!

June 05, 2017 / news.goldseek.com

Gold Today -New York closed at $1,278.20 Friday after closing at $1,270.10 Thursday. London opened at $1,281.00 today. Overall the dollar was weaker against global currencies, early today. Before London's opening: - The $: EUR was weaker at $1.1264 after Friday's $1.1222: EUR1.- The Dollar index was weaker at 96.77 after yesterday's 97.20. -...Read More

Terrorist attacks see Gold Stay Firm

June 05, 2017 / news.goldseek.com

A summer evening on London Bridge and in Borough Market ended in terror on Saturday as attackers killed seven people and injured 48.This is the second terrorist attack on British soil in less than two weeks and the the third this year. The attack was immediately labelled as a terrorist attack. In the hours that followed police arrested a further 12 people who were suspected of having links to th...Read More

PRESS DIGEST- Financial Times - June 6

June 05, 2017 / www.kitco.com

June 6 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Domino's Pizza aims for extra slice of IPO market - Channel 4 appoints Alex Mahon as chief executive - Uber hires Harvard Business School professor to overhaul culture - J Crew's long-time chief executive to step down Overview- DP Eura...Read More

DIARY-Government Debt Auctions to July 28

June 05, 2017 / www.kitco.com

June 6 (Reuters) - For other diaries, please see:Top Economic Events Polling unit diary Today in Washington Political and general news DATECOUNTRYAUCTION DETAILS6-JunUnited Kingdom Auction of 0 1/2% Treasury Gilt 20226-JunNetherlandsDTC auction6-JunJapanAuction of 30-year government bonds7-JunGermanyAuction of 5-year Federal notes7-JunSweden Auction of Treasury bills7-JunJapan6-month discount bill...Read More

DIARY-Emerging Markets Economic Events to Aug 15

June 05, 2017 / www.kitco.com

June 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, JUNE 6** SHANGHAI - Euromoney China finance c...Read More

DIARY-Top Economic Events to Aug 10

June 05, 2017 / www.kitco.com

June 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, JUNE 6MADRID - Bank of Spain Governor Luis Maria Linde speaks before the Senate Budget C...Read More

Wall Street Backs Off of Records After London Terror Attack, Crude Oil Drop - TheStreet

June 05, 2017 / www.thestreet.com

Wall Street wasn't able to extend a record-breaking streak into a third session on Monday as a terror attack in London and lower oil prices teamed up to take down stocks. The S&P 500 was down 0.12%, the Dow Jones Industrial Average fell 0.10%, and the Nasdaq decreased 0.16%. Still, stocks held close to records with market reaction to terrorism appearing restrained and cautious. Wall Street...Read More

Japan April real wages flat, nominal pay rises

June 05, 2017 / www.kitco.com

TOKYO, June 6 (Reuters) - Japan's real wages were flat in April from the same period a year earlier, with rising prices offsetting gains in nominal pay and possibly hurting households' purchasing power.Real wages, which are adjusted for moves in consumer prices, were flat in April from a year earlier, labour ministry data showed on Tuesday. It followed a revised 0.3 percent annual fall in March.Wa...Read More

Brazil antitrust watchdog imposes tougher terms to approve deal -sources

June 05, 2017 / www.kitco.com

By Gabriela Mello and Tatiana BautzerSAO PAULO, June 5 (Reuters) - Brazil's antitrust watchdog Cade has demanded asset sales larger than initially expected by the country's largest for-profit college operators, Kroton Educacional SA and Est??cio Participa???ues SA, before it will approve their merger, three people with knowledge of the matter said on Monday.Cristiane Alkmin, the deal's rapporteur...Read More

China Says 31 Nationals Detained In Zambia For Illegal Mining

June 05, 2017 / www.kitco.com

By Ben Blanchard and Chris Mfula | BEIJING/LUSAKAZambia has detained 31 Chinese nationals for illegal mining in the African country's copper belt but has failed to provide strong proof of their crimes, a senior Chinese diplomat said as he lodged a complaint.Lin Songtian, the Chinese Foreign Ministry's director-general for African affairs, told a Zambian diplomat in Beijing that China understood an...Read More

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