Cotton rally frays. But soybean prices hold firm
May 16th, 2017
The previous time, before Monday that is, that spot cotton futures set a record high for trading volumes augured poorly for prices. That was in November 2010, when volumes hit 101,516 contracts (which stood as the highest until the ...
Euro sets one-week high ahead of GDP data; dollar inches lower
May 16th, 2017
The euro touched a one-week high on Tuesday ahead of the release of euro zone gross domestic product data, as the dollar struggled to gain traction in the wake of a surprisingly soft U.S. manufacturing report. The euro rose ...
Oil Jumps as Saudis, Russia Favor Extending Output Deal to 2018
May 16th, 2017
Ministers agree pact should extend through the end of March OPEC deal is working and inventories decreasing: Al-Falih Oil rallied after Saudi Arabia and Russia stoked expectations that production cuts might be extended for nine months. Futures closed at ...
FXCM has appointed new CEO
May 15th, 2017
FXCM Group, LLC (“FXCM Group”), a leading international provider of online foreign exchange trading, CFD trading, spread betting and related services, today announced that its Board of Directors has appointed Brendan Callan as Chief Executive Officer of FXCM Group. ...
IMF recommends lower, broader Corporate Tax for Luxembourg
May 15th, 2017
Further corporate tax reforms may be needed to Luxembourg’s tax regime for foreign companies if it is to maintain its appeal while responding to international tax initiatives, the International Monetary Fund has said. The IMF said that evolving international ...
How natural gas could be a geopolitical game-changer in the Mideast
May 15th, 2017
It’s a discovery that could easily shake up the geopolitical order in the Middle East. Deep under the eastern Mediterranean lies the largest natural gas basin ever found on Europe’s doorstep. But the gas fields often coincide with disputed ...
Bulgarian Customer Support Officer
May 15th, 2017
Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and most liquid market. By offering the most innovative trading tools, hiring the best trading educators, ...
Digital currency, the Airbnb and Uber killer
May 15th, 2017
Ride-sharing app Uber experienced a setback on Thursday (11 May), as a top EU lawyer of the European Court of Justice (ECJ) stated in an opinion that the company can be regulated as a transport business, instead of an ...
China shares gain on spending program
May 15th, 2017
Hang Seng China Enterprises Index on course for six-day surge Oil climbs as Russia, Saudi Arabia favor extending output deal Chinese equities rose as optimism over infrastructure spending offset concerns over the strength of the global economy, while oil surged ...
Update on Brexit
May 14th, 2017
This article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the EU is increasingly in a position of financial difficulty. Not only will the European Commission be forced ...
