Junior Mining News

Market events to watch this week …read more From:: Resource Investor

The U.S. dollar fell against major pairs on Friday despite a strong June jobs report due to the impending start of tariffs against Chinese goods and the retaliation from the Asian nation on U.S. exports. The U.S. economy added 213,000 jobs and wages rose 0.2% but it is the threat of trade war escalation that

MODERN TRADER explores the effect of a potential trade war on U.S. equity markets. Will it end the bull run or will low interest rates allow U.S. equities to maintain its momentum? Read on. We also attempt to identify the key drivers of active equity hedge funds. …read more From:: Resource Investor

U.S. tariffs on $34 billon of Chinese goods went into effect at midnight ET and the S&P 500 spiked higher 10 minutes later. The market was technically positioned to do such, and it has pared those gains since. As expected, China quickly retaliated with symmetrical tariffs of their own. …read more From:: Resource Investor

As a reminder for traders who are still a bit groggy after celebrating America’s independence yesterday, the Federal Reserve opted to raise its benchmark interest rate by 25bps to the 1.75-2.00% at its meeting three weeks ago (see “FOMC recap: Hawkish statement and projections, hesitant Powell”). …read more From:: Resource Investor

Crude oil prices fell sharply on Thursday after the U.S. Department of Energy reported an unexpected rise in U.S. crude stockpiles. Whereas oil analysts were looking for a sharp 4.4-million barrel drawdown in the headline figure after the American Petroleum Institute (API) had estimated a similar figure on Tuesday, the DOE actually reported a rise

The deadline has passed. President Donald Trump fired the trade war shot heard around the world as he suggests the United States is mad as heck and isn’t going to take the record $375 billion trade deficit with China in 2017 anymore. Around $34 billion in tariffs went into effect at midnight with China calling