Junior Mining News

In yesterday’s article, we highlighted the crosswinds impacting today’s speech by Federal Reserve Chairman Jerome Powell at the Jackson Hole Symposium, eventually concluding that, “Powell [should] maintain the same optimistic perspective he espoused at his Congressional testimony last month” (see “Is EUR/USD Rolling Over Ahead of Powell?” for more). …read more From:: Resource Investor

As we noted in the recap to yesterday’s FOMC minutes (see “FOMC Minutes: Three Frustrating Fed Fears Fail to Fade” for more), this week’s marquee event for the US economy was always going to be Fed Chairman Jerome Powell’s speech at the Jackson Hole Symposium, which takes place at 10:00am ET. …read more From:: Resource

China is buying our oil and that could be Iran’s worst nightmare. It seems that the Chinese trade talks went nowhere, but despite that fact, China’s demand for U.S. crude oil might rise anyway. According to Reuters “China’s Unipec will resume purchases of U.S. crude oil in October after a two-month halt due to the

A New York federal court entered final judgment ordering Patrick K. McDonnell of Staten Island, New York, and CabbageTech, Corp. d/b/a Coin Drop Markets (CDM), McDonnell’s New York-based company, to pay over $1.1 million in civil monetary penalties and restitution in connection with a lawsuit brought by the Commodity Futures Trading Commission (CFTC) alleging fraud