Have a fun weekend
Indications
Nickel 3 month $8.09
Cash Last $8.001
Euro 1.15
Yen 160.13
gold $4206.20
silver $67.04
Copper LME $6.194
Copper Comex $6.37
Cobalt $ 28.50-30.25
Zinc $ 1.612
Tin $ 24.15
Crude $ 84.56 down 2.16 %
Dow Jones up 1.86%
FTSE 100 up 1.10%
Dax up 1.60%
Hang Seng up 1.93%
Nikkei up 2.81%
U.S. Dollar index 99.75 down .11%
Quote of the Day
The hardest thing to explain is the glaringly evident which everybody had decided not to see.— Ayn Rand
Word of the Day
|
Blandishments are nice things that you say or do to convince someone to do something. Blandishment is usually used in the plural form.
|
|
|
// Despite the many blandishments of the dressing room attendant, we were resolved not to overspend at the fashion boutique.
|
Trivia
What is considered the largest dog breed?
Answer: at bottom of page under good read.
News of Interest
- Markets: Stocks surged after President Trump said that he canceled planned strikes on Iran and a deal to end the war will be signed “over the next few days” (more on that below). Elsewhere, Oracle plummeted for a second straight day because investors were spooked by the amount it’s spending on AI data centers.
Trump canceled strikes on Iran, citing progress on deal. Thursday began with the president posting to Truth Social that the US would be striking Iran “VERY HARD TONIGHT,” but in the afternoon, he made another post saying the two countries were close to a deal, the time and place of the signing would be announced shortly, and the strikes were canceled. A spokesman for the Iranian Foreign Affairs Ministry told the Tasnim news agency that no agreement had been finalized. Last night, a US official said that the military shot down two Iranian one-way drones that were targeting commercial ships transiting the Strait of Hormuz.—HVL
Trump names former SEC chairman as permanent spy chief. About a week after picking controversial housing official Bill Pulte to replace Tulsi Gabbard as acting director of national intelligence (DNI), President Trump said he was nominating Jay Clayton, the current US attorney for the Southern District of New York and the former head of the SEC, to serve in the role permanently. The president had been under pressure to nominate someone else after his appointment of Pulte—who has no intelligence credentials—was met with bipartisan criticism. Earlier on Thursday, the House voted to reject the reauthorization of a critical surveillance tool, FISA, with many Democrats saying they wouldn’t vote for it as long as Pulte was serving as DNI. The program is set to expire today if it’s not extended.—AE
Nickel & Related Metal News
Seems to be bouncing off its correction and recovering to a normal trading range .
Good Read
Answer to today's trivia question: Mastiff