Search Results for: commodity
Symmetry between prices of gold and crude oil coming apart
June 27th, 2014
A five-year symmetry between international prices of gold and crude oil is coming apart with investors drifting away from the yellow metal as their risk aversion diminishes. Historically, both these commodities had positive correlation, with their prices moving in ...
Emerging-Market Target Practice
June 26th, 2014
Central bankers want only a few things. To achieve any of them they usually seek to nudge inflation expectations, demonstrate the transparency of monetary policy, and establish their institutions’ credibility. To communicate their intentions simply and clearly, they may ...
China Finds $15B of Loans Backed by Falsified Gold Trades
June 26th, 2014
China’s chief auditor discovered 94.4 billion yuan ($15.2 billion) of loans backed by falsified gold transactions, adding to signs of possible fraud in commodities financing deals. Twenty-five bullion processors made a combined profit of more than 900 million yuan ...
OptionsCity Supports Transition of NYSE Liffe US Products to ICE
June 25th, 2014
OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, announced that the firm is offering customers immediate access to Liffe US products following their transition to Intercontinental Exchange’s futures exchanges and clearing houses. ...
NFA’s Board approves prohibition of credit cards to fund retail forex accounts
June 24th, 2014
National Futures Association (NFA) announced that its Board approved a ban on the use of credit cards to fund retail forex and futures accounts. This prohibition is subject to approval by the Commodity Futures Trading Commission. Although NFA’s proposed ...
Silver futures down 0.32% on profit-booking, global cues
June 23rd, 2014
Silver prices fell 0.32 per cent to Rs 44,428 per kg in futures trade today as speculators booked profits amid a weak trend in global markets. At the Multi Commodity Exchange, silver for delivery in July traded lower by ...
Japan not regulating bitcoin, for the moment
June 20th, 2014
Japan’s leading Liberal Democratic Party said it decided against regulating bitcoin for the time being, after the collapse of Tokyo-based bitcoin exchange Mt. Gox prompted them to consider more scrutiny of the virtual currency. Mt. Gox, once the world’s ...
Wheat Extends Gains as Rain Threatens to Thwart U.S. Harvest
June 19th, 2014
Wheat rose for a second day on concern that rain from Oklahoma to Kansas may delay harvesting and cause crop quality to deteriorate in the U.S., the world’s biggest exporter. Between 0.5 inch and 2 inches (5.1 centimeters) of ...
AMF Updates List of Unauthorised Binary Options Providers
June 18th, 2014
The Autorité des Marchés Financiers (AMF), warns the investors by publishing a new updated list of websites offering binary options trading, for which no authorised investment services provider could be clearly identified. The AMF is once again warning retail ...
Brokers offer hope of revival in corn futures
June 18th, 2014
Brokers, citing hedge fund positioning and the firm US cash market, offered hope of at least a temporary lull in the selling in US corn, even as prices staged a small rebound from their weakest close in four months. ...
