The euro/British pound (EUR/GBP) currency pair could be on the verge of a breakdown after the European Central Bank’s policy decision on Thursday. While the central bank’s plan to end quantitative easing programme at the end of the year was a hawkish development, investors had already priced in that decision. …read more From:: Resource Investor
EUR/GBP on the brink as ECB-BoE policy divergence widens again Read More »
By Cory댊 The Dominoes That Need To Fall To Push PMs Higher Jordan Roy-Byrne joins me today to share his thoughts on the drop in gold and silver. We also look at the overall investing and economic environment to determine what factors need to charge for a more sustainable run in the metals. Focusing on
Jordan Roy-Byrne – Techncial Commentary – Fri 15 Jun, 2018 Read More »
By Frik Els Big mining blasted Mining and metals investors were offloading the sector’s big names on Friday over fears of the impact of a trade war between the US and China, which is responsible for nearly half the world’s industrial metal demand and two-thirds of the world’s seaborne trade in steelmaking raw materials. Copper
Trump trade war blows up big week for mining majors Read More »
E-mini S&P 500 (September) Yesterday’s close (Thursday, June 14): Settled at 2788.50, up 9.50 …read more From:: Resource Investor
Daily markets morning round-up: E-mini S&P, gold, crude & Treasuries Read More »
This week has all been about major central bank meetings and as we had anticipated last week, it was indeed the European Central Bank that caused the most market impact with its decision. The euro/U.S. dollar (EUR/USD) currency pair almost fell 300 pips from its high on Thursday and European stocks rallied sharply after the
Central Banks recap and week ahead: Speeches, BoE, SNB and OPEC Read More »
Al Brooks provides bar-by-bar analysis on a five-minute chart of the previous day’s prices action in the E-mini S&P 500. This is his analysis for Thursday, June 14, 2018. …read more From:: Resource Investor
Daily Price Action: E-mini S&P 500 Read More »
By Bloomberg News (Bloomberg) — South Africa will give mining companies credit for past black-empowerment deals even when the investors later sold their shares to whites or foreigners, removing a major concern for the industry. The country’s new Mining Charter, which is aimed at distributing South Africa’s mineral wealth more widely, will apply the “once
South Africa’s new mining charter to credit past black deals Read More »
As Russia smoked Saudi Arabia in the World Cup, crude oil ministers from those two countries signaled that indeed OPEC and Non-OPEC countries will be raising oil output. Saudi Arabia’s oil minister said it is “inevitable” that OPEC and Russian production will rise by what he says is a “reasonable and moderate” amount. T …read
Maybe OPEC should stand pat Read More »
By Cory댊 The Precious Metals Bull Trap With everything getting hit today but gold and silver really dropping David Erfle, The Junior Miner Junkie shares his comments on the metals bull trap. So many of the PM bulls were encouraged yesterday with the small move up by gold and silver in the face of a
David Erfle – Gold Market Commentary – Fri 15 Jun, 2018 Read More »
By Cecilia Jamasmie Shares in Australia’s Hawkstone Mining (ASX:HWK) dropped almost 23% on Friday after the company said it wouldn’t proceed with the acquisition of USA Lithium. The botched deal would have added two lithium projects – the Big Sandy lithium clay project in Arizona and the Lordsburg lithium brine project in New Mexico –
Hawkstone Mining walks away from US lithium deal Read More »
