Search Results for: commodity
Oil futures slide with focus on U.S. oil supply
September 22nd, 2015
Crude-oil futures dropped Tuesday, giving up some of the prior day’s strong gains, as analysts said data on U.S. oil supply and China’s economy could cause more price volatility this week. Oil-futures for delivery in November CLX5, -2.49% fell ...
Asia Currencies Slide After Fed Officials Signal Rate Increase Possible in 2015
September 22nd, 2015
Most Asian currencies weakened on Tuesday after comments by U.S. Federal Reserve speakers suggested the central bank could raise interest rates as early as next month, while shares made modest gains ahead of a reading on Chinese manufacturing. The ...
Oil Speculators Most Bullish in Two Months as OPEC Calls for $80
September 21st, 2015
U.S. crude output seen falling the most since 1989 next year Almost 15,000 short oil bets closed out before Fed decision Hedge funds slashed their bets on falling oil prices, leaving them the most bullish in two months ...
Private equity firm EMR teams up to buy Australian copper miner
September 21st, 2015
Private equity firm EMR Capital has teamed up with the former head of Equinox Minerals to buy a small Australian copper mine for up to A$15 million ($10.75 million) plus taking on about A$40 million in rehabilitation bond costs, ...
Gold remains money
September 18th, 2015
We think we know that gold is no longer money, because Keynesians and monetarists insist it is so. Furthermore, it has been replaced by government currencies, which we use to buy and sell, do our accounts and pay our ...
Uncertainty over Greek elections could weigh on Euro – Euro Currency update
September 18th, 2015
Euro As forecast by the majority of economists, the Federal Reserve played it safe and left borrowing costs at record lows after its latest gathering. The decision sent the US Dollar trending lower against the Euro and as EUR/USD ...
CFTC imposed monetary penalty on trading scheme involving contracts traded on NYMEX
September 18th, 2015
The U.S. Commodity Futures Trading Commission (CFTC) issued an Order filing and simultaneously settling charges against Robert M. McMahon of Mt. Pocono, Pennsylvania, for engaging in a deceptive trading scheme involving Henry Hub Natural Gas Futures (NG) contracts, traded on the New ...
Asian shares edge up, dollar soft as Fed stands pat and eyes China
September 18th, 2015
Asian shares rose modestly on Friday on relief the Federal Reserve held off on raising interest rates but gains were capped by renewed concerns about the health of the global economy, in particular China. The dollar was on the ...
Five things to listen for during Janet Yellen’s press conference
September 17th, 2015
Clues as to future interest-rate path will be key for Fed press conference Federal Reserve Chairwoman Janet Yellen has not spoken publicly since mid-July when she finished two days of testifying to Congress. At the time, she expressed the ...
CFTC Charges Hannes Tulving, Jr., through his company for a $17.8 Million Precious Metals Scheme
September 15th, 2015
At Least 381 Customers Nationwide Allegedly Defrauded in the Scheme The U.S. Commodity Futures Trading Commission (CFTC) today filed a civil Complaint against Defendants Hannes Tulving, Jr. of Newport Beach, California, and his company, The Tulving Company, Inc., charging them with ...
