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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

Based Bilderberg Protester Lays Out Path To Dollar Destruction

June 05, 2017 / www.zerohedge.com

Content originally generated at iBankCoin.comA secretive group of 131 elite power brokers met last weekend at the heavily guarded Westfields Marriott in Chantilly, Virginia for the highly secretive annual Bilderberg meeting.Established in 1954 by Polish political advisor J??zef Retinger - founder of the European Movement which gave birth to the EU, the informal meeting of over 130 of the wo...Read More

New Zealand 1st qtr wholesale sales rise 2.1 pct

June 05, 2017 / www.kitco.com

WELLINGTON, June 6 (Reuters) - New Zealand seasonally adjusted wholesale sales jumped 2.1 percent in the first quarter, Statistics New Zealand data showed on Tuesday.Actual wholesale sales were 5.3 percent higher than the same quarter a year ago.The data is one of the final components of gross domestic product data to be released on June 15. (Reporting by Charlotte Greenfield and Ana Nicolaci da...Read More

New Zealand's building work value falls in 1st qtr

June 05, 2017 / www.kitco.com

WELLINGTON, June 6 (Reuters) - The seasonally adjusted value of New Zealand residential building work fell 0.8 percent in the first quarter, data from Statistics New Zealand showed on Tuesday.The value of non-residential building work fell 7.2 percent, resulting in a 3.5 percent drop in the total value of all building work. The full data is available at . (Reporting by Charlotte Greenfield and Ana...Read More

Jun 5 Uranium prices: Will the US dominate global uranium supply again?

June 05, 2017 / www.economiccalendar.com

The US used to be the world's powerhouse when it came to uranium production. From 1953 until the early 1980s the country dominated global production, by far, but then lower uranium prices resulted in mining shutdowns.Overall, the uranium deposits in the US are lower grade and more expensive to mine. This resulted in the country losing a big chunk of its market share to other countries including Au...Read More

Australian shares to edge lower, NZ down marginally

June 05, 2017 / www.kitco.com

June 6 (Reuters) - Australian shares were expected to open slightly lower on Tuesday, with commodity stocks set to come under pressure from falling oil and copper prices.Oil prices fell amid concerns that the cutting of ties with Qatar by Saudi Arabia and other Arab states could hamper a global deal to reduce oil production, while copper prices fell on a recovering dollar and an increase in Shangh...Read More

UK Police Release People Arrested After London Attack Without Charge

June 05, 2017 / www.kitco.com

Ten of the people arrested on Sunday as part of investigations into the London Bridge attack have been released without charge, British police said on Monday, meaning that all 12 arrested in the aftermath of the incident have now been let go.The Metropolitan Police also said in a statement that specialist officers were working with families and the coroner to identify those who died in the attack....Read More

Australia Police Kill Hostage Taker; Islamic State Claims Responsibility

June 05, 2017 / www.kitco.com

Australian police on Monday shot dead a gunman in the city of Melbourne who had been holding a woman hostage, police said, a confrontation for which the militant group Islamic State claimed responsibility.Australia, a staunch ally of the United States and its escalating action against Islamic State in Syria and Iraq, has been on high alert for attacks by home-grown militants returning from fightin...Read More

UPDATE 1-RBS braces for trial over 2008 share sale case

June 05, 2017 / www.kitco.com

(Adds confirmation of claimants' funding)By Andrew MacAskill and Lawrence WhiteLONDON, June 5 (Reuters) - Royal Bank of Scotland is set to face a trial it had hoped to avert over its 2008 share sale, as the last group of holdout investors in the case secured the funds they need to proceed to trial, a source involved in the claim said on Monday.The claimants will receive the remaining 2 million po...Read More

U.S. State Department Approves $1.4 billion In Military Sales To Saudi

June 05, 2017 / www.kitco.com

By Mike Stone | WASHINGTONThe U.S. State Department has approved the potential sale of more than $1.4 billion worth of military training and equipment for Saudi Arabia, the Pentagon said on Monday, part of a $110 billion arms deal U.S. President Donald Trump sealed with the kingdom in May.The proposed sales include a radar system made by Lockheed Martin Corp (LMT.N) as well as a training program f...Read More

A Trifecta Of Events To Influence Market Direction This Week

June 05, 2017 / www.kitco.com

Today precious metals prices have remained firm in a narrowly defined range, trading modestly higher. Market participants await the unfolding of three distinct events that will undoubtedly influence future pricing. Until then, traders and investors will be in a holding pattern, characterized by a wait and see attitude as events develop. It is likely that we will see narrowly defined ranges up unti...Read More

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