Search Results for: commodity
ICO flags hedge fund role in coffee price tumble
May 10th, 2017
Hedge funds are the primary cause of the drop in coffee prices which has driven both arabica and robusta futures to multi-month lows, the International Coffee Organization said, noting broad correlations in commodity moves. The ICO, which said that ...
European Energy Exchange acquires 100% ownership of US Nodal Exchange
May 5th, 2017
The European Energy Exchange (EEX), part of Deutsche Börse Group, and the owners of US-based Nodal Exchange Holdings, LLC have successfully closed the transaction under which EEX has acquired 100% of the equity in Nodal Exchange. All remaining regulatory ...
Chinese equities headed for their longest losing streak this year amid
May 5th, 2017
Crude declines below $45 a barrel; iron ore extends slump Shanghai Composite Index set to give up this year’s gains Oil slid below $45 a barrel for the first time since November and Chinese equities headed for their longest ...
Company and its owner charged with defrauding investors for at least $13 million
May 4th, 2017
CFTC Charges Arizona Resident Cory Williams and His Company, Williams Advisory Group, LLC, with Fraudulently Soliciting and Receiving at Least $13 Million in Commodity Pool Scheme The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a ...
Asian Stocks Decline as Iron Ore Futures Tumble: Markets Wrap
May 4th, 2017
FOMC leaves rates unchanged, sees inflation near target Aussie dollar erases loss as Lowe speaks in Brisbane Australian and Chinese stocks fell further on Thursday after metals prices declined, while South Korean shares rallied and the dollar held gains ...
Coffee, tea and cocoa prices could fall by more than six per cent this year: World Bank
May 3rd, 2017
Coffee, tea and cocoa prices could fall by more than six per cent this year according to the World Bank’s Commodity Markets Outlook. The World Bank says the three beverages are forecast to fall in price in 2017 “due ...
The Bank of Russia decided to reduce the key rate to 9.25% p.a.
May 2nd, 2017
On 28 April 2017, the Bank of Russia Board of Directors decided to reduce the key rate to 9.25% per annum. The Board notes that inflation is moving towards the target, inflation expectations are still declining and economic activity is recovering. At the same time, inflation risks ...
BCSC warns for binary options provider Binary Tilt
May 2nd, 2017
The British Columbia Securities Commission (BCSC) has issued a warning to inform public and investors about Binary Tilt, operated by Chemmi Holdings Ltd. (together, the Parties). Binary Tilt claims to be based in London, England, and offers an online binary options ...
Reserve Bank of Australia keeps the cash rate unchanged at 1.50 per cent
May 2nd, 2017
The Reserve Bank of Australia has published today a statement by Philip Lowe, Governor, to inform about its monetary policy decision. According the press release, at its meeting today, the Board decided to leave the cash rate unchanged at ...
Oil posted losses for two weeks in a row
May 2nd, 2017
U.S. crude futures have posted losses for two weeks in a row and are poised to sink again, according to a historical correlation between oil prices and GDP data. The Commerce Department reported Friday that the U.S. economy grew ...
