MONTREAL, April 19, 2018-- Canadian Metals Inc. is very pleased to announce positive project economics of the Langis prefeasibility study, with opportunities to further optimize the project during the ...
Is China’s property sector’s weakness abating? Prices for iron ore and other commodities dependent on China’s growth were expected to get a lift after President Trump’s conciliatory tweets following a speech by China’s leader, Xi Jinping. Commodity prices got a boost from the latest data out of China—especially
While the broader surge in commodities helped iron ore prices, China’s (FXI)(MCHI) surprise cut in its reserve ratio requirement (or RRR) for some Chinese lenders from the People’s Bank of China led to price gains in iron ore. This move is expected to improve the liquidity in the system, boosting economic
April 18, 2018, belonged to commodity stocks (COMT), some of which saw their highest one-day gains in months. Among the iron ore and diversified companies, Glencore (GLNCY) surged 7.7%, and Anglo American (AAUKY) saw price gains of 6.2%. BHP Billiton (BHP), Rio Tinto (RIO), Vale SA (VALE), and Cleveland-Cliffs
Chesapeake Energy (CHK) stock fell 1.6% in the week ended April 17, 2018, during a volatile week for crude oil (UCO) prices. During the week, crude oil rose following geopolitical tensions, which, as the week progressed, eased a bit, causing crude oil prices to fall.
Stocks are heading for a lower open this morning as commodity prices rally. The Nasdaq Composite has dropped 0.3% to 7,273.79. BofA Merrill Lynch's Paul Ciana, meanwhile, writes that "our base case view of the Thomson Reuters equal weight commodity index (CCI) suggests commodity markets are
Q1 earnings of Goldman Sachs, JPMorgan, Wells Fargo, Citigroup and Bank of America increased more than $2.5 billion on lower corporate tax rate.
In the trucking industry, the quarterly earnings releases typically start with J.B. Hunt Transport Services (JBHT). On April 16, 2018, this North American trucking and transportation company announced its 1Q18 earnings. It reported adjusted EPS (earnings per share) of $1.07, which missed the Thomson
Between April 10 and April 17, 2018, the correlation between natural gas and US crude oil May futures was just 4.2%. In the seven calendar days to April 17, US crude oil and natural gas prices moved in the same direction in three instances out of the last five trading sessions based on the closing prices
CHICAGO, April 19, 2018-- GATX Corporation today reported 2018 first quarter net income of $76.3 million or $1.98 per diluted share, compared to net income of $57.5 million or $1.44 per diluted share in ...
ALAMEDA, Calif., April 19, 2018-- Aqua Metals, Inc., which is commercializing an electrochemical lead recycling technology called AquaRefining™, today announced that it has filed definitive proxy materials ...
The US Dollar Index fell ~0.1% to 89.5 on April 10–17, 2018. WTI crude oil prices increased ~1.5% on April 10–17, 2018. The depreciating US Dollar Index helped oil prices during this period.
May 2018 WTI crude oil futures contracts rose 0.9% from the previous settlement and were trading at $67.13 per barrel at 2:25 AM EST on April 18, 2018.
Hedge funds’ net long position in WTI crude oil futures and options contracts trading in NYMEX and ICE decreased by 3,275 to 441,634 on April 3–10, 2018. The net long positions fell for the second straight week.
The API released its gasoline and distillate inventory data on April 17, 2018. The API reported that US gasoline inventories decreased by 2.4 MMbbls (million barrels) on April 6–13, 2018. Analysts estimate that US gasoline inventories could have declined by ~0.2 MMbbls during the same period.
The S&P 500 rose ~1.1% to 2,706.39 on April 17, 2018, due to optimism about strong 1Q18 earnings results. Analysts estimate that S&P 500 companies’ earnings could rise 18.6% in 1Q18, which would be the highest increase in seven years, according to Reuters. Nine out of the ten major sectors in
Farmingdale, New York, April 19, 2018-- Long Blockchain Corp. made available today an update letter to stockholders. The full text of the letter is set forth below.. Dear Stockholders of Long Blockchain ...
Despite a stronger first quarter, most bank analysts expect Goldman Sachs will have to spend more to ramp up its business, while Morgan Stanley is already there —and could produce much greater stock price ...
The EUR/GBP has broken through the descending trendline and we can see a potential for bullish continuation. Another cue is the U-shaped bottom that has been formed exactly at W L3 support. 0.8688-98 is the POC zone for potential bounces. Targets are 0.8739 and 0.8770. Only if 0.8770 breaks we might
VANCOUVER, British Columbia, April 19, 2018-- Standard Lithium Ltd. is pleased to announce that Hasbrouck Geophysics Inc. has successfully completed a large-scale gravity geophysical survey at the Company’ ...
The gold prices broke out above the $1350 level during the Wednesday’s session but later in the day pulled back slightly to find support underneath around the level. Given enough time this market will continue to move higher with initial resistance at the $1360 level. Pullbacks will offer a good
The pair was extremely choppy during the Wednesday’s session initially rallied towards the 1.2380 level but pulled back later in the day to test the 1.2350 level. This level has been both resistance and support level for the pair and may attract buyers. If it breaks below then it should fall towards