By Frik Els Shares in Canada’s Nemaska Lithium (TSX:NMX, OTC:NMKEF) swung wildly on Tuesday after the company inked a supply deal with a South Korean battery maker that all but ties up full production from its Quebec project until after 2025. Nemaska sank more than 5% on US over the counter markets in morning trade, […]
Quebec lithium stock jumps on Korea deal Read More »
The slight gains in U.S. equities on Monday failed to influence Asian investors as trade fears and the Renminbi’s slide continued to drive risk aversion. This sharp depreciation in the Chinese currency is worrying investors. In August 2015, the U.S. dollar/Canadian dollar (USD/CNY) currency pair appreciated from 6.21 to 6.44, a two-day gain of 3.85%.
Will China’s Renminbi ring the alarm bell? Read More »
The U.S. dollar ended higher for the third consecutive month in June and made a positive start to the new month and quarter on Monday. However, today it has given up Monday’s gains and was, therefore, trading flat on the week at the time of writing. …read more From:: Resource Investor
Gold boosted as profit-taking weighs on dollar Read More »
By Cory댊 How To Trade This Bounce In Metals David Erfle joins me to share his thoughts on how to trade the current gold market. We have heard many times that gold is due for a bounce and we are seeing the bounce today but after the monthly and quarterly closes last week there is
David Erfle – Gold Market Commentary – Tue 3 Jul, 2018 Read More »
Nasdaq (NDAQ) announced on July 2 that it will launch a suite of interest rate products— DV01 U.S. Treasury Futures — on the Nasdaq Futures Exchange (NFX) by later this month pending regulatory approval. …read more From:: Resource Investor
Nasdaq offers a new & different interest rate future Read More »
Oh, say can you tweet, by the dawn’s early light? The global oil markets are still rolling after President Donald Trump tweeted that maybe the Saudis had agreed to increase output by as much as two million barrels to help replace Iranian supply that the Trump Administration wants to see at zero by early November.
Oh, say can you tweet? Read More »
There ‘s a picture taking shape in the macroeconomic world that can be seen in the correlated actions of the most significant traders in the currency, interest rate, stock and precious metal markets. We’ll deliver the data and the markets. You can draw your conclusions as to how it all plays out amid a trade
Weaker dollar pushing currency, Treasury & equity sectors Read More »
By Zach Scheidt This post Part II: Why The Bull Market Isn’t Over appeared first on Daily Reckoning. Yesterday, I shared with you part one in my three-part series, “Why the Bull Market Isn’t Over.” In it I explained how the record unemployment numbers we’ve been seeing recently and how this sets off a chain
Part II: Why The Bull Market Isn’t Over Read More »
By Cory댊 Comments on Platinum, Gold and the USD Rick Ackerman is with us today to first address a comment that I received a couple days ago asking for a technical look at Platinum. Platinum is a market that has been selling down and it now at 2+ year lows. We also look at the
Rick Ackerman and Technicals – Tue 3 Jul, 2018 Read More »
By Bloomberg News (Bloomberg) — Sibanye Gold Ltd. said gold output in South Africa will be 6 percent lower than expected this year while costs will be higher, after a series of fatal accidents disrupted operations. There have been 21 people killed at Sibanye’s South African mines this year, nearly half of the total 47
Sibanye cuts South Africa gold output forecast after deaths Read More »
