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Beware Junior Gold Miners - Analyst

With recession fears weighing on equity markets, resource investors would do well to steer clear of speculative Canadian mining plays and put their cash into producing miners with strong balance sheets.

Gold Prices Ease for Third Session

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Gold prices eased for a third session on Monday as stock markets and cyclical assets such as industrial commodities continued to recover from a rout they suffered early last week, diverting investment away from the precious metal.
Chinese companies on a Foreign Foray

Stocks Bounce on U.S. Cues; Sentiment Wary

Asian equities bounced on Monday and safe-haven assets like gold and the Swiss franc fell as market players cautiously returned to pick up bargains after last's week wild ride, though concerns over the weak global economic outlook may keep gains in check.
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U.S. consumer sentiment grim but retail sales jump

U.S. consumer sentiment worsened sharply in early August, falling to the lowest level in more than three decades, after retail sales posted the biggest gain in four months in July.
An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

S.Africa's rand steadies, stocks rise

South Africa's rand steadied against the dollar on Friday but faced further losses after a turbulent week in which it hit its weakest levels in more than a year as investors spooked by debt woes in the U.S. and Europe fled to safer havens like the yen.
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Consumer sentiment slumps, retail sales jump

Consumer sentiment worsened sharply in early August, falling to the lowest level in more than three decades, even though retail sales posted the biggest gains in four months in July, separate reports on Friday showed.
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Wall St up as retail sales overshadow sentiment

U.S. stocks rose about 1 percent on Friday as mildly encouraging retail sales put the S&P on track for a two-day winning streak for the first time since mid-July as investors shrugged off weak consumer sentiment data.
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Wall St rises as retail sales overshadows sentiment

U.S. stocks rose about 1 percent on Friday as mildly encouraging retail sales put the S&P on track for a two-day winning streak for the first time since mid-July as investors shrugged off weak consumer sentiment data.
US Post Office In Blacksburg, Virginia

Postal Service May Cut 120,000 Jobs; Agency Near Default

The U.S. Postal Service is considering a plan to cut 120,000 jobs. But Congress would have to approve the move, and postal worker unions will strongly oppose the plan. The USPS is bleeding money, and nearing default.
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Consumer sentiment slumps as retail sales jump

Consumer sentiment worsened sharply in early August, falling to the lowest index level since 1980, even though retail sales posted the biggest gains in three months in July, separate reports on Friday showed.
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Gold Extends Dip from Record as Risk Appetite Firms

Gold prices fell on Friday, extending the previous session's retreat from record highs as fresh strength in equity markets and gains in the euro versus the safe-haven Swiss franc pointed to sharper appetite for risk.
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Futures point to higher open after retail data

Stock index futures pointed to a higher open on Friday after the previous day's big move up as data showed retail sales posted their biggest gain since March.
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Firm retail sales tamp recession worries

Retail sales in July posted their biggest gain since March, tempering fears that the world's largest economy might be slipping back into recession.
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Retail sales post biggest gain since March

Retail sales in July posted their biggest gain since March, tempering fears that the world's largest economy might be slipping back into recession.
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As Gold Prices Surge, Cash-for-Gold Frenzy Fades

Handing out flyers at the corner of 47th Street and Fifth Avenue in New York City's Diamond District, Mariabi Peenya is having trouble finding passersby eager to sell their gold jewelry for cash.
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Rush to gold shakes up staid French market

A surge in prices to all-time highs has galvanized the French retail gold market, for long a dusty corner beloved of coin investors, drawing in ordinary punters but also the unwelcome attention of armed robbers.
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Gold Prices Ease in Europe

Gold prices eased in Europe on Friday, extending the previous session's retreat from record highs, as fresh strength in equity markets and gains in the euro versus the safe-haven Swiss franc pointed to sharper appetite for risk.
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Zulily raises $43 mln in new funding

Zulily, a top flash-sales website founded by former Blue Nile (NILE.O) executives, said on Thursday it raised $43 million to expand further.

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