Search Results for: commodity
CFTC Announces Whistleblower Award of More Than $10 Million
April 7th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today announced an award of more than $10 million to a whistleblower who provided key original information that led to a successful CFTC enforcement action. The award is the largest made by ...
Oil Prices Soar After Inventory Data
April 7th, 2016
Chinese economic gauge also shows quicker-than-expected improvement Oil prices rallied Wednesday on an unexpected decline in U.S. crude stockpiles. Light, sweet crude for May delivery settled up $1.86, or 5.2%, at $37.75 a barrel on the New York Mercantile ...
Christine Lagarde: IMF chief says ‘we are on alert’ when assessing risks to global growth
April 6th, 2016
International Monetary Fund Managing Director Christine Lagarde amped up calls for stronger action by world’s economies to boost growth, warning that downside risks were increasing without decisive action. In a speech at Goethe University of Frankfurt on 5 April, ...
Can A Divided OPEC Agree On Anything In Doha?
April 6th, 2016
Only two weeks remain until the fated meeting between the OPEC countries and their counterparts from outside the organization, scheduled to take place in the Qatari capital of Doha on the coast of the Persian Gulf. The meeting could ...
Asia markets higher; Nikkei turns up on slightly weaker yen
April 6th, 2016
Asia markets turned higher on Wednesday, shrugging off a global sell-off in equities overnight, as oil prices advanced and activity in China’s services sector showed signs of pick-up. Australia’s ASX 200 was up 0.54 percent. Japan’s Nikkei 225 wavered before trading up 0.28 ...
RBI:India Cuts Rates,First Bi-monthly Monetary Policy Statement, 2016-17
April 5th, 2016
Part A: Monetary Policy Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 ...
Aussie Gains, Reversing Declines, as RBA Currency Rhetoric Muted
April 5th, 2016
Currency jumped 13% from low set in January to March 31 high Stevens said last month Aussie may be getting ahead of itself Australia’s dollar gained, reversing earlier declines, after Reserve Bank Governor Glenn Stevens held interest rates at ...
RBA: Monetary Policy Decision, rate unchanged
April 5th, 2016
At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. Recent information suggests that the global economy is continuing to grow, though at a slightly lower pace than earlier expected. While several ...
BCSC Warning:Central Provider Ltd. operating as Central Options
March 30th, 2016
Central Provider Ltd., which claims to have offices in London, England, Hong Kong, China, and Toronto, Ontario operates Central Option. Central Option purports to be a binary options trading platform provider. A binary option is a type of option ...
India to OPEC: We’ll take that extra oil you’re pumping
March 30th, 2016
India’s got an oil problem. The country’s lightning-fast growth rate is fueling increased demand for crude. Yet India doesn’t pump much oil at home, forcing it to rely on foreign imports. India also lacks a strategic petroleum reserve, or ...
