Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
The rally: Brent crude below $70, FPIs turn net buyers after weeks of selling, and DIIs keep buying. Sensex crossed 81,000, Nifty reclaimed 24,250. The next test comes Friday with US jobs data.
Gold fell 3.2% and silver 5.1% in two sessions as a stronger dollar and rising real yields reversed January's rally. The payrolls report Friday will decide whether the selloff deepens or sparks a bounce.
Gold futures declined 0.35% globally to $3,985.43 after breaking the $4,000 support, tracking a stronger dollar and higher Treasury yields. The next catalyst is Friday's US payrolls report, which will shape Fed rate expectations.
A TR-1 filing reveals a 6.947% voting stake in a UK-listed commodity producer, crossing the 5% threshold. The holder's identity and intent remain undisclosed.
India's 7.47 crore MSMEs produce 48.58% of exports but just 1.8% of global trade. IFQM's quality clusters with Bosch, ZF, Tata Steel target the gap.
Judo Capital's 40% crash on a profit warning has dragged NAB and other banks lower. Strong jobs data reduces RBA cut hopes, keeping pressure on the financial sector.
Brent crude fell 1.7% to $72.49, lifting Indian benchmarks as aviation and auto stocks led gains. FIIs sold Rs 1,843 crore on Wednesday.
Renascor Resources identified multiple copper prospects from a historical drilling review at Flat Hill. The company plans re-assays and a VTEM survey to test for a large mineralised system.
Australian Rare Earths' Koppamurra PFS delivers 99% IRR, A$858m NPV at A$178m capex. Maiden ore reserve 26Mt. Offtake talks and DFS next.
Brent crude falls to $72.86 as US energy secretary says Strait of Hormuz flows near pre-war levels. EIA reports 6.1 million barrel inventory draw.
India imported over 50% of its crude from Russia in June as discounts widened. The shift reshapes global oil trade and pressures Urals-Brent spreads.
Crude slid on peace hopes for Russia-Ukraine, but supply depletion from sanctions on Russian fields and slow OPEC+ restarts may set up a violent reversal for oil traders.
Sipchem gets Saudi Ministry of Energy approval for feedstock to build a 1.8M-ton methanol plant in Jubail, boosting total capacity by 45%.
First diamond hole at Yandal's Flushing Meadows returned significant gold intercepts, supporting expansion beyond the current 1.9km striking MRE. Further assays due July.
30 ships reached India safely since the Iran conflict began, but 26 more are stuck at the Strait. The bottleneck threatens crude and LNG imports on which the world's third-largest oil consumer depends.
WTI crude oil fell through the $75 support zone, accelerating the wave C decline from March. The daily down channel from May remains intact, with the next target at $65.
Generation Mining shareholders re-elected all six director nominees. The Marathon copper-palladium project carries a C$1.07B NPV and 28% IRR, per the November 2024 feasibility study.
Gautam Adani's lawyers ask a US judge to dismiss the criminal bribery case after the Justice Department dropped it, arguing the charges were outside US jurisdiction.
Sabre Resources secured a drilling contractor for up to 6,000m at Kurundi North, testing Tennant Creek-style IOCG targets under shallow cover. Drilling begins after shareholder meeting.
Prospect Resources' metallurgical testwork at Kabikupa returned 31.9% copper concentrate grade at 94.7% recovery with a simple flowsheet. Scoping study expected by Q1 2027.
Mineral Resources will shut the Lucky Bay garnet operation after the Middle East conflict and rising costs hit sales, taking a $40 million impairment. 110 workers affected.
Taseko shareholders voted 59.3% in favour of the name change to Trekor Metals. Tickers stay the same. The next catalyst is Florence Copper's ramp, guided for late 2026.
The White House asked Congress for year-round E15 gasoline sales, a move that would boost ethanol demand and support ADM's earnings. The legislative path remains uncertain.
Vale S.A. fell 3.07% to $14.84, its worst day in three weeks, after iron ore extended its decline. The stock broke below its 50-day average. Copper growth remains too small to offset ore weakness. China steel data due Thursday.
Altai Resources (ATI.H) appoints Bruce McCannel to replace Eric Yao as director. McCannel brings government relations and public sector finance experience to the junior resource firm's board.
Crude oil fell more than 3% on Wednesday after EIA data showed a larger-than-expected inventory build, reinforcing demand concerns ahead of summer.
Zacks Research Daily covers Shell, Novo Nordisk, and SAP. AlphaScala's scores show Mixed ratings for Shell (44) and SAP (41), adding a quantitative layer to the research.
Oil-Dri will raise prices on most products in Q1 FY2027, citing health, freight, and resin costs. The move follows record Q3 revenue and aims to protect margins.
Greenspan's 1966 essay called for gold convertibility. His 18-year Fed tenure delivered the opposite: easy money, serial asset bubbles, and a bear market in gold.
The $200 annual credit covers ring purchases only. Stack it with the current $249 Gen4 sale and Black Friday discounts for a nearly free wearable. Here is the fine print.