Search Results for: commodity
6 Investments Traders Say Will Rally: Bitcoin, SolarCity, Swiss Francs and More
June 13th, 2016
Here’s what traders have been saying about six important investments, including bitcoin, SolarCity (SCTY) stock and the Swiss currency. Bitcoin and Manchester United (MANU) are going to soar, at least according to what traders have been saying at Tradebird, a social trading ...
An Everyman’s Guide To Understanding Cryptocurrencies
June 13th, 2016
Cryptocurrencies have a role that could increase as global currencies are devalued. When an asset rises by almost 30% in a few weeks, it tends to attract attention. Recently, that asset was bitcoin (BTC). The price of BTC in ...
Oil, Metals Rally as Fading Fed Move Prospects Keep Dollar Weak
June 9th, 2016
China markets closed; consumer prices rise as May PPI slips Kiwi strengthens; Japanese shares decline as yen advances Oil and metals advanced as mounting speculation the Federal Reserve will hold off on raising interest rates until later in the ...
Oil hovers near eight-month highs on U.S. inventory draw
June 8th, 2016
Oil prices rose for a third day to their highest in about eight months on Wednesday, helped by industry data showing a larger-than-expected drawdown in U.S. crude inventories, worries about attacks on Nigeria’s oil industry and strong Chinese demand. ...
CFTC Charges Three individuals and their companies with $2.7 Million Precious Metals and Rare Diamonds Fraud
June 8th, 2016
Massachusetts Resident Jeffrey Slemmer, Florida Residents Christian Dorrian and Adam Roth, and Their Florida-Based Companies Charged with Fraud, Engaging in Illegal, Off-Exchange Precious Metals Transactions, and Registration Violations The U.S. Commodity Futures Trading Commission (CFTC) today announced that on ...
ESMA and CFTC to cooperate to recognised Central Counterparties
June 7th, 2016
The European Securities and Markets Authority (ESMA) and the US Commodity Futures Trading Commission (CFTC) have established a memorandum of understanding (MoU) under the European Market Infrastructure Regulation (EMIR). The MoU establishes cooperation arrangements, including the exchange of information, regarding CCPs ...
Reserve Bank of Australia leaves the cash rate unchanged at 1.75%
June 7th, 2016
At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the past year, ...
Gold – a reasonable correction?
June 3rd, 2016
Gold weakened during May by about $100, from a high point of $1300 to a low of $1200. This, for technical analysts, is entirely within the normal correction zone of a third to two-thirds of the previous rise, which ...
CFTC Orders Bitcoin Exchange Bitfinex to Pay $75,000
June 3rd, 2016
CFTC Orders Bitcoin Exchange Bitfinex to Pay $75,000 for Offering Illegal Off-Exchange Financed Retail Commodity Transactions and Failing to Register as a Futures Commission Merchant The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously ...
U.K. Stocks Show Calm Before Brexit Storm as Pound Traders Fret
June 3rd, 2016
FTSE 100 volatility index at lowest vs currency counterpart U.K. shares’ dividend yield greater than global equity index Less than three weeks before Britain votes on its membership in the European Union, the country’s equity investors are much less ...
