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Commodities

Global Markets

Global Equity Markets Mixed; China Yuan Hits 6-Year Low Against U.S. Dollar

World equity markets were mixed overnight. European stock markets traded not far from unchanged as traders and investors debated whether the European Central Bank will or won't extend its quantitative easing of monetary policy of purchasing bonds. An ECB survey said inflation in the Euro zone for 2016 will be 0.2%. The ECB wants to see inflation at 2.0%.

U.S. stock indexes are pointed toward weaker openings when the New York day session begins.

Global markets

World Markets Awaiting ECB Meeting Results, Draghi Press Conference

(Kitco News) – European markets were quieter overnight, as traders and investors were awaiting the European Central Bank monetary policy meeting results as of this writing. ECB President Mario Draghi will hold a press conference following the ECM meeting. The marketplace is not expecting any big changes in ECB monetary policy at this meeting. The marketplace does look for the ECB to make policy changes in December.

Asian stock markets were mostly firmer Thursday, following the lead from U.S. stock market gains Wednesday.

Global Markets

World Stock Markets Mixed Overnight; China Economic Data Mostly Upbeat

(Kitco News) – Asian stock markets were mixed overnight, despite some mostly upbeat economic data coming out of China. European stock markets were mostly lower.

U.S. stock indexes are pointed toward narrowly mixed openings when the U.S. day session begins in New York.

Gold prices are trading moderately higher on more short covering and bargain hunting.

Global Markets

World Stock Markets, Gold Higher; U.S. Inflation Data On Deck

Global stock markets were mostly higher Tuesday, ahead of a key U.S. inflation report due out shortly. The U.S. consumer price index for September is forecasted to rise by 0.3%, year-on-year. U.S. stock indexes are pointed toward higher openings when the New York day session begins.

World bond markets stabilized Tuesday after those markets in Asia and Europe were under pressure Monday.

Global Markets

Global Bond Markets Selling Off; Fed Official's Speech Could Move Markets

(Kitco News) – World bond markets are seeing keener selling interest to start the trading week, led by U.K. gilts, which in turn have been pressured by a weakening British pound. There are growing concerns about the world's major central banks starting to tighten their monetary policies, which in turn should stoke inflationary price pressures. That's […]

A feature in Asian stock market trading was casino-related shares dropping sharply after Chinese authorities arrested 18 people from Crown Resorts and charged them with illegal gambling.

Global Markets

Global Equity Markets Firmer Ahead Of Important U.S. Bank Earnings, Economic Data Friday

Asian and European stock markets were mostly firmer overnight. Thailand's stock market saw a strong rebound following big losses seen earlier this week. Thailand's long-time king died Thursday. Traders and investors in those regions were awaiting a batch of U.S. corporate earnings-namely big banks– and U.S. economic data due out Friday.  J.P. Morgan reported early Friday its third-quarter profits, which fell short of market expectations.

U.S. data due for release Friday includes the producer price index, retail sales, manufacturing and trade inventories, and the University of Michigan consumer sentiment survey. These reports are important and could move the markets today.

commodities

One of the Market's Juiciest Takeover Targets Just Might Solve World Hunger, Too

By the time you're done reading this one sentence, roughly 20 people will have been born. In fact, around 200,000 new babies will have joined us by midnight tonight, mostly in the global East, where economic growth, along with the population, of course, is far outpacing that of the global West.

That's obviously a lot of hungry mouths to feed. The difference is that now, thanks to that economic growth, there's an increasing amount of wealth with which to buy food – and quality food, at that.

One thing that isn't increasing, however, is the amount of arable farmland on the planet. That's actually shrinking fast.

And so one of the world's most pressing challenges is the need to dramatically improve crop yields across every possible square foot. Solving this challenge is the single biggest focus in farming today.

The company I want to tell you about today is in the best possible position to profit as it helps meet the challenge head on.

The company is paying a $0.25 dividend on August 2, it's true, but there are some very good reasons why this company could be bought in the near future...

Commodities

Commodities Players Are Set Up for Market-Crushing Gains

The resource sector's devastating five-year bear market saw the Bloomberg Commodity Index drop 60% from its 2011 peak.

Naturally, that crushed the world's dominant resource producers; the top 40 companies saw their market caps shrink by $27 billion in 2015 alone.

All along, these producers have had to clean house, slash spending, reduce headcount, and rationalize every last cent they did spend as production crashed. It was the law of the jungle in action, survival of the fittest. Plenty of producers went straight out of business.

It wasn't easy to watch, and it was even tougher to invest in.

But the cycle is swinging back in a big way, thanks to recuperating demand running up against lean supply. The Bloomberg Commodity Index has halved its bear market losses, gaining 30% since January. Some of its components have come close to doubling, too.

Remarkably, all those gains have come at an insanely low price, relative to other asset classes. And, as you'll see, this particular bull is about much more than simple supply and demand.

Here's my favorite way to get the maximum profit from what's coming next...

Commodities

This Metals Play Will Reward Investors for a Long View

Most of the time, platinum costs about 30% more than gold. That's been the average for the past 40 years.

But every once in a while, that relationship gets distorted. When that happens, platinum surges powerfully, producing huge returns for investors who get in at the right time and stay the course through any volatility that comes our way over the next few months.

But… that distortion is unfolding now, so it's time to make a move to play platinum.

We won't get another chance like this for years...

Commodities

Why Is the South China Sea Important?

Why is the South China Sea important? At first look, the island group seems uninhabitable and worthless – but this observation would be grossly in error.

These islands sit on the edge of the most lucrative fishing area in the South China Sea. They are also on the edge of one of the most oil- and gas-rich areas yet discovered.

And the Spratlys are claimed by no less than six different countries.

"This is definitely a situation you want to watch closely," Money Morning Executive Editor Bill Patalon told readers on Dec. 8. "Any kind of a major 'incident' there will clearly have a big – and negative – impact on the world financial markets."

Here's a look at the irresistible treasures that make ownership of the South China Sea crucial...