Christopher Lewis20 hours agoSilver markets broke higher during the trading session on Tuesday, breaking above the 50 EMA. At this point, it looks as if the market is probably going to try to reach the $15 level which I see as a massive barrier. Gold markets have already turned higher and above the 50 EMA, and it looks as if silver is trying to do the same thing. However, I recognize that the $15...Read More
Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) took a hit Wednesday after the company cut its silver production target for 2018 for a second time and posted lower-than-expected output in the third quarter, due mainly to weak ore grades at two of its mines.The company, which is the world's largest primary silver producer and Mexico's second largest gold miner, revised silver ou...Read More
Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) took a hit Wednesday after the company cut its silver production target for 2018 for a second time and posted lower-than-expected output in the third quarter, due mainly to weak ore grades at two of its mines.The company, which is the world's largest primary silver producer and Mexico's second largest gold miner, revised silver ou...Read More
* Plans to modestly increase holdings of JGBs after Y700 blnbuy * To shift from Treasuries to U.S. corp bonds, euro debt * Plan to raise holdings of foreign bonds without FX-hedging * Plans to increase holdings of foreign stocks, including PE (Adds details)By Tomo UetakeTOKYO, Oct 24 (Reuters) - Nippon Life Insurance Co plans to modestly increase its holdings of Japanesegovernment bonds in the six...Read More
Published 22 Hours AgoUpdated4 Hours AgoReuters Gold fell on Wednesday, pressured as a rising dollar spurred investors to take profits after tumbling stocks ushered the metal to a more than three-month peak in the previous session.Spot gold was up 0.17 percent at $1,232.11 an ounce . U.S. gold futures settled at $1,231.10 per ounce, down $5.70. On Tuesday, the precious metal touched its highest si...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to report on the success of the updated loyalty programs implemented by the Company earlier this month. In addition to these programs, Peekaboo Beans has noted a significant increase in influencer activity on Instagram and Facebook.Following the launch of these programs, the Company rec...Read More
Movements in the prices of base metals on the London Metal Exchange were mixed at the close of trading on Tuesday October 23, with tin's strong performance leading the gains across the complex despite a strong US dollar index and broadly risk-averse investors.The three-month tin price has climbed by 2.8% since the start of October and reached an intraday high on Tuesday of $19,400 per tonne. It ha...Read More
Comex copper prices were dragged lower by the downturn in equity markets on October 23 morning in the US, after beginning the trading week on solid footing.The copper price for December settlement on the Comex division of the New York Mercantile Exchange fell 2.65 cents to $2.7590 per lb."The three-month copper price is under renewed downward pressure on Tuesday October 23 morning after being esse...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell Tuesday after earnings disappointed. The S&P 500 declined for the 12th time in 14 sessions.Caterpillar Inc. (CAT) fell 7.6% despite beating third-quarter earnings and revenue estimates.3M Co. (MMM) tumbled 4.4% after third-quarter profit missed expectations and the...Read More
The Tuesday Market Minute Global stocks slump as investors shift focus to slowing economic growth and fading corporate earnings ahead of the busiest week of the third quarter reporting season.U.S. stocks poised for sharp declines, with Dow futures indicating a 380-point opening bell decline, following heavy selling in Europe and Asia.Safe haven currencies, such as the dollar and the yen, hoard g...Read More
Base metals prices on the London Metal Exchange were broadly lower during morning trading on Tuesday October 23, hampered by broad risk-aversion amid a two-year low in European stock indexes while a firm US dollar index continues to limit price rallies. Topping losses over the morning, the three-month copper price edged back below $6,200 per tonne despite a continued trend of stock outflows and fr...Read More
Vanadium trade log including business, bids and offers reported to Fastmarkets MB.To view the latest price quotations, click the links below:Europe- Ferro-vanadium delivered duty-paid in Europe- Vanadium pentoxide in-warehouse RotterdamChina- Ferro-vanadium, 78% min, fob China, $ per kg V- Vanadium pentoxide, 98% min, fob China, $ per lb V2O5Friday October 19Ferro-vanadium - 10 tonnes sold a...Read More
The price of ferro-vanadium continued to become firmer in the United States and Europe in the week ended Friday October 19, but both of those major markets continued to lag behind the price in the premium Chinese market.A late-week revival in consumer spot market demand in Europe helped to bolster prices for ferro-vanadium in that region.Spot prices for European ferro-vanadium were almost unchange...Read More
The price of ferro-vanadium continued to become firmer in the United States and Europe in the week ended Friday October 19, but both of those major markets continued to lag behind the price in the premium Chinese market.A late-week revival in consumer spot market demand in Europe helped to bolster prices for ferro-vanadium in that region.Spot prices for European ferro-vanadium were almost unchange...Read More
Weak demand from domestic and export markets pushed the Chinese ferro-silicon market down, while the European market for standard-grade ferro-silicon was unchanged for the fourth consecutive week on Friday October 19, with suppliers holding offer prices despite slow consumer demand. European market cements stability Chinese domestic demand weak, export market follows US market slips on soft...Read More
The latest selenium transactions, bids, offers and assessments in Europe reported to Fastmarkets MB.Unless otherwise stated, all prices are per lb on an in-warehouse Rotterdam basis. Delivered prices are netted back.To view the latest price quotation, click here.To see all Fastmarkets' pricing methodology and specification documents go to https://www.metalbulletin.com/prices/pricing-methodolo...Read More
Comex copper prices were dragged lower by the downturn in equity markets on October 23 morning in the US, after beginning the trading week on solid footing.The copper price for December settlement on the Comex division of the New York Mercantile Exchange fell 2.65 cents to $2.7590 per lb."The three-month copper price is under renewed downward pressure on Tuesday October 23 morning after being esse...Read More
Three-month base metals prices on the London Metal Exchange were for the most part weaker on the morning of Tuesday October 23, with losses averaging 0.4% - the exception being tin where prices were up by 0.1%.Zinc led the rest of the complex downward with a fall of 1.2% to $2,625 per tonne, while copper was down by 0.7% at $6,183 per tonne.The precious metals were split this morning with gold and...Read More
Brazilian steelmakers were dissuaded from trying to impose further price rises in the domestic market, because of falling Chinese prices and a stronger exchange rate for Brazil's Real, the president of national distributors' association Inda, Carlos Loureiro, said on Tuesday October 23.Flat-steel maker Usiminas, for example, had planned a 5% rise for November, according to Loureiro, "[but] this is...Read More
Flat steel import prices in the United Arab Emirates and Saudi Arabia have fallen over the past week, with demand remaining limited, sources told Fastmarkets on Tuesday October 23.UAE Hot-rolled coil from Russia was on offer to the UAE at $560-565 per tonne cfr, with one buyer bidding $550 per tonne cfr. Egyptian material, meanwhile, was on offer to the UAE at $585 per tonne cfr, wi...Read More