Market Pulse - Commodities
Metminco narrows losses as disposal fees come off the books
Metminco saw its losses narrow significantly during the first half of its trading year.
Cannacord trims target price for Cairn Energy
Analysts at Canaccord Genuity stood by their 'speculative buy' recommendation on shares of Cairn Energy following the explorer's latest set of interim figures.
Commodities: WTI jumps as Florence nears South Carolina, base metals weaker
Commodities were little changed come Tuesday evening, but underneath the surface there were some large price moves going on.
Berenberg starts coverage of BP at 'buy', spies 24% upside
Analysts at Berenberg sounded a 'bullish' note on Big Oil, initiating coverage of BP at 'buy' and setting a target price of 665. 0p.
Chinese export volumes hold up in August
China's global trade surplus narrowed last month, but widened against the US, with the latter taking some economists by surprise given the trade tariffs recently-imposed by Washington.
Venezuela accuses Washington of plotting to overthrow Maduro
Venezuelan foreign minister Jorge Arreaza has accused the White House of planning an intervention and backing military conspiracies on the back of a report that claims senior US officials had met with Venezuelan military officers to plot a coup.
White House says a further $267.0bn-worth of tariffs set to be imposed
Shares on Wall Street are slipping lower after it was reported that Donald Trump had threatened tariffs on an additional $267. 0bn-worth of Chinese goods on top of those on $200. 0bn-worth which his administration was already mulling and the $50bn-worth which had already gone into effect.
Decision on China tariffs may not come on Friday, White House's Kudlow says
A decision on whether to impose a third round of tariffs on Chinese made goods might not come on Friday, a top official from the Trump administration appeared to indicate.
Bushveld's Vanadium mine suspended due to strike action
Integrated primary vanadium producer Bushveld Minerals on Friday updated investors on the industrial action the company is facing at its Vametco vanadium mine in South Africa.
Anglo African pauses drilling at TLP 103 appraisal well
Anglo African Oil and Gas has decided to stop drilling at its TLP 103 appraisal well following setbacks seen in August.
Morgan Stanley upgrades BP to 'overweight' ahead of new capex cycle
Analysts at Morgan Stanley upped their rating and target price on oil giant BP on Wednesday, as they took a fresh look at the sector ahead of an expected new capex cycle.
Iran urges Europe to offset US sanctions by November deadline
Iran has set a 4 November deadline for European parties to its nuclear deal to find a way to offset US sanctions against the country’s oil industry, suggesting it may pull out of the deal if they fail.
Coro Energy losses widen on acquisition costs
Euro-Asian gas explorer Coro Energy said the first half of 2018 was "a busy and exciting time" for the firm, with senior personnel changes and corporate consolidation allowing it to achieve scale in its European business.
US trade deficit widens more than expected in July
America's shortfall in trade with the rest of the world widened at the start of the third quarter as exports of goods, mainly of civilian aircraft and soybeans declined.
Anglo African Oil and Gas suspends drilling at Congolese asset
Shares in Anglo African Oil and Gas tumbled in early trade after the firm announced the temporary suspension of drilling at one of its Tilapia oil field assets in the Republic of the Congo.
FX round-up: Argentine peso in the spotlight, BofA calls euro higher
Investors pushed the US dollar higher on Tuesday on the back of a potent mix of trade concerns and strong US economic data, although at least versus the euro some analysts argued the tide was about to change, predicting that the single currency was set to gain.
Commodities: Dollar strength, EM woes weigh on gold and copper futures
US dollar strength acted as a headwind for commodities on Tuesday, especially base metals.
European Metals makes 'significant advancements' at Cinovec lithium project
European Metals has made some "significant advancements" in the development of its Cinovec project, the largest lithium deposit in Europe.
ECR Minerals on the up after identification of 'significant' gold target
Mineral exploration and development company ECR Minerals saw its shares leap on Monday after it identified a "significant" gold target at the Blue Moon gold project in Victoria Region, Australia.
Director dealings: Tullow Oil CFO lowers stake
Tullow Oil's chief financial officer Les Wood disposed of 53,711 ordinary shares in the FTSE 250 constituent on Monday.