Search Results for: commodity
CME Group Inc. Reports Strong Third-Quarter 2015 Financial Results
October 29th, 2015
– Third-quarter 2015 revenues rose 12 percent to $850 million – Third-quarter 2015 adjusted net income of $344 million and adjusted diluted earnings per share of $1.02 both grew more than 20 percent(1) CME Group Inc. (NASDAQ: CME) today ...
The Bitcoin Startup Boom Comes Back Down to Earth
October 27th, 2015
Growth in venture capital flowing to bitcoin startups slowed substantially last quarter, and startups are feeling the pinch. Jeff Garzik has spent the past several months pitching investors on a pretty out-there startup idea. He proposed building computer servers ...
Oil Speculators Make `Easy’ Bearish Call at 85-Year Supply High
October 27th, 2015
Money managers increase bearish wagers by most since July U.S. crude supplies have gained 5% in past four weeks Hedge funds placed the most bets on falling oil prices since July as rising piles of crude dashed hopes of ...
US Stock Market Regained The Lead In Last Week’s Rally
October 26th, 2015
US stocks reclaimed the top spot in last week’s performance race for the major assets classes, based on a set of proxy ETFs. The Vanguard Total Stock Market ETF (VTI) gained 1.7% for the five trading days through Oct. ...
Europe Admits QE Has Failed, Promises More Of It
October 23rd, 2015
New Age monetary policy has begun to resemble the form of insanity in which a patient repeats the same behavior while expecting a different outcome. Throughout the developed world, interest rates are at record lows and central banks continue ...
European Court of Justice: Bitcoin is a currency and exchanges are VAT-exempt
October 22nd, 2015
The European Court of Justice (ECJ) has ruled that bitcoin exchange transactions should be exempt from VAT. The ECJ ruling stated that bitcoin transactions “are exempt from VAT under the provision concerning transactions relating to currency, bank notes and ...
MiFID II – the road ahead
October 22nd, 2015
The financial Conduct Authority (FCA), the financial regulator of UK, has published a Speech by David Lawton, Director of Markets Policy and International, FCA, delivered at the FCA MiFID II Conference, London. David Lawton, Director of Markets Policy and ...
CFTC charges individial for fraud involving a Futures Trading System and Advisory Service
October 22nd, 2015
Gramalegui also Charged with Violating a CFTC Administrative Order Entered in 2001, Settling Prior Fraud Charges Brought against Him The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a civil enforcement action in the U.S. District ...
5 reasons oil could be nearing a new tipping point
October 22nd, 2015
Oil’s bounce back from the summer’s lows has the look of a bottoming in crude prices, but some strategists say the shakeout is not over. “I’m pretty sure we’re going to see a new low. The probabilities are that ...
China small-caps lead gains; rest of Asia mixed
October 22nd, 2015
Chinese stocks recovered from the prior day’s sudden sell-off, as a surge in small-caps rekindled investor interest. The rest of the region, however, put up a mixed performance as renewed weakness in commodity prices and an uninspiring lead from ...
