Search Results for: Trading
Agricultural commodity prices to fall again in 2018, says Goldman Sachs
December 27th, 2017
Agricultural commodity prices, on course for a third successive year of decline, are on course for a fourth, Goldman Sachs said, even as it lifted its forecast for cotton prices. The investment bank forecast commodity returns overall, as measured ...
Euro Advanced, Australia’s Dollar Climbed, Asian Stocks Were Mixed
December 27th, 2017
Asian stocks were mixed Wednesday in trading thinned by a holiday-shortened week. Oil prices breached $60 a barrel for the first time since 2015 after a pipeline blast in Libya. Japanese equity benchmarks posted slight gains, and Australian stocks ...
Cryptocurrency bitcoin tumbled, down 30 percent from record peak
December 22nd, 2017
Cryptocurrency bitcoin tumbled below $14,000 briefly on the Bitstamp exchange BTC=BTSP on Friday, down roughly 30 percent from its record top near $20,000 set at the start of the week. It was last down 7 percent at $14,499 BTC=BTSP ...
Asian markets advance ahead of holiday weekend
December 22nd, 2017
Australia hits another 10-year high; Kospi ticks up as Nikkei lags. Asian markets advance ahead of holiday weekend. Asia-Pacific stocks were poised to end the week modestly higher in muted trading ahead of the holidays, while volatility returned to ...
Bigger Triangle on Gold Coming to an End And Looking Lower
December 21st, 2017
Gold is seen trading in a big sideways price action known as a Elliott wave triangle correction. A triangle is a complex pattern with five legs, with each leg having three more sub-waves. That said, in our case we ...
A bitcoin ETF took another step closer to reality
December 21st, 2017
A bitcoin ETF took another step closer to reality after the NYSE filed with the SEC to list two funds tracking bitcoin futures. The NYSE wants to list the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF, two ...
Asian equities mixed, Yen and pound little changed; Investors review
December 21st, 2017
Asian equities were mixed after U.S. equities dipped in the wake of congressional passage of U.S. tax cuts, suggesting investors see the growth-boost narrative from the corporate and individual rate reductions as having played out. Benchmark gauges in Sydney ...
Broker charged with giving special access to IPOs for cash kickbacks
December 20th, 2017
The Securities and Exchange Commission charged a Wall Street stockbroker with illegally accepting more than $1 million in undisclosed kickbacks for giving certain customers preferential access to lucrative IPOs, enabling them to reap major trading profits in the secondary ...
Early investors review: Asian stocks mixed, Japanese yen slipped
December 20th, 2017
Asian stocks were mixed on Wednesday as U.S. legislators headed toward the final passage of a tax-cut package that has helped spur optimism of faster American economic growth and lift global equity gauges to historic highs. Japan’s Topix index ...
CSA remind investors of inherent risks associated with cryptocurrency futures contracts
December 19th, 2017
The Canadian Securities Administrators (CSA) has issued an announcement to remind dealers and investors of the inherent risks associated with products linked to cryptocurrencies, including futures contracts. According the CSA’s announcement, while these contracts may be traded on regulated ...
