Search Results for: commodity
Oil prices slide amid glut concerns, U.S. withdrawal from climate deal
June 2nd, 2017
Oil prices dropped on Friday amid worries that U.S. President Donald Trump’s decision to abandon a global climate pact could spark more crude drilling in the United States, stoking a persistent glut in global supply. Global benchmark Brent crude ...
K.B. Concepts Group and its Owner Fined For Illegal, Off-Exchange Precious Metals Transactions
May 31st, 2017
Federal Court in Florida Orders K.B. Concepts Group, LLC and Kelvin Burgos to Pay More than $486,300 in Disgorgement and a Civil Monetary Penalty for Engaging in Illegal, Off-Exchange Precious Metals Transactions The U.S. Commodity Futures Trading Commission (CFTC) ...
Guardian Asset Group and its owner ordered to pay more than $1 Million
May 24th, 2017
Federal Court Orders More than $1 Million in Restitution and Civil Monetary Penalties and Permanently Bans Andrew Kurzbard and His Florida-Based Company, Guardian Asset Group, LLC, for Engaging in Illegal, Off-Exchange Precious Metals Transactions The U.S. Commodity Futures Trading ...
Japan currency rises; Pound slips
May 23rd, 2017
Trump Concern, Manchester Blast Spur Risk-Off Tone Japan currency rises after latest report on Washington turmoil Pound slips after suspected terrorist attack at U.K. concert The yen rose with gold and U.S. equity-index futures fell as investors took a ...
Asian stocks post biggest rise in a month; dollar weak
May 22nd, 2017
Asian stocks posted their biggest daily rise in a month on Monday following modest gains in U.S. shares, though the greenback came under renewed pressure as Washington’s political turmoil undermines confidence in U.S. economic policy. MSCI’s broadest index of ...
Moscow Exchange announces results for the first quarter 2017
May 19th, 2017
Moscow Exchange (MOEX) today announces its financial results in accordance with International Financial Reporting Standards (IFRS) for Q1 2017. KEY FINANCIAL HIGHLIGHTS FOR Q1 2017 Fee and commission income from the Fixed Income Market increased 12.8% YoY thanks to ...
U.S. firm to launch sale of digital token for forex trading
May 18th, 2017
Fintech Investment Group, a U.S.-based commodity trading adviser, plans to launch an initial coin offering in June for its own token that allows investors to trade currencies on a digital platform, company founder Alan Friedland said. The new digital ...
CFTC’s Division of Clearing and Risk Extends No-Action Relief for Shanghai Clearing House
May 17th, 2017
The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Clearing and Risk (DCR) today issued a no-action letter extending the relief provided to the Shanghai Clearing House (SHCH) in CFTC Letter 16-56, which expires May 31, 2017. The extension ...
BCSC warns about the online binary options trading TorOption
May 12th, 2017
The British Columbia Securities Commission (BCSC) has issued a warning to inform public and investors about TorOption, which is owned and operated by Smart Choice Zone LP (together, the Parties). TorOption claims to be based in Glasgow, Scotland, and provides an ...
The Central Bank of New Zealand left the Official Cash Rate unchanged
May 11th, 2017
Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Global economic growth has increased and become more broad-based over recent months. However, major challenges remain with on-going ...