Search result for Commodity
According to the CFTC, Binance and its founder Changpeng Zhao broke compliance regulations in order to gain users in the United States.
The Commodity Futures Trading Commission (CFTC) filed a complaint against Binance, its co-founder Changpeng Zhao, and its former chief compliance officer Samuel Lim in federal court in Illinois on Monday, alleging that Binance actively solicited U.S. users and subverted the exchange's own &qu...
Healthcare Is a Limited Commodity: How Can Providers Distinguish Themselves?
For decades, the United States has struggled with a healthcare paradox: We spend twice as much on health as similar countries yet rank last in health outcomes. The nature of healthcare in this country is a significant question behind that quandary: Is it a right of every citizen and hence a gover...
SHANGHAI FUTURES EXCHANGE STEEL REBAR AND HOT ROLLED COIL FUTURES ROSE
Highlights –
- Shanghai Futures Exchange steel rebar and hot rolled coil futures rose.
- Shanghai Futures Exchange’s most traded construction rebar closed up 1.0% at 5,003 yuan.
- Hot rolled coil futures, jumped 1.5% to 5,467 yuan per...
CFTC ALLEGES COINBASE ENGAGED IN SELF TRADING; THE EXCHANGE SETTLES ALLEGATIONS FOR $ 6.5M
Highlights:
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Coinbase allegedly indulged in self-trading to inflate its sales numbers on its app between 2015 -2018
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The exchange intends to go public
The US Commodity Futures Trading Committee has alleged that Coinbase had in...
BINANCE INVESTIGATED BY CFTC
Highlights:
• The Commodity Futures Trading Commission (CFTC) monitors derivatives trading on crypto exchanges
• There are no accusations against Binance
Binance crypto exchange i...
SINGAPORE COMMODITY FINANCER UNDER STRICT RULES
HIGHLIGHTS
- Trade financers of commodities will have to adhere to stringent guidelines
- Banks to pull the strings of lending, if required
A set of commodity traders in Singapore have teamed up for improving lending practicing and build...
GOLD FALLS AMIDST EASING OF CORONAVIRUS MEASURES IN SEVERAL COUNTRIES
Highlights
- Spot gold eased at 0.1% to $1,704.69 per ounce.
- The U.S. dollar increased for a fourth straight session, making gold expensive for investors holding other currencies.
- Easing of coronavirus-driven measures by several nation...
GOLD STEADY AS U.S - CHINA TENSIONS OVER PANDEMIC
Highlights
- U.S. gold futures increased 0.5% to $1,708.80 per ounce.
- U.S. President Donald Trump threatened to enforce tariffs on China.
On Monday as the dollar firmed gold prices changed a little. The reason being that increasing U.S...
BITCOIN: CURRENCY OR COMMODITY?
Highlights:
- Bitcoin is dealing with identity crises.
- Cryptocurrencies can be bought, sold and can be used to price goods.
- Cryptocurrency can be bought and sold in cash markets or via derivatives like futures and can be issued like stocks.
OIL PRICES INCREASED, OPEC MEMBERS PLAN ADDITIONAL RATE CUTS
HIGHLIGHTS
- Members of the Organization of the Petroleum Exporting Countries (OPEC) are considering to reduce an additional cut of 1 million barrels per day.
- Airlines cancellations and travel bans by countries globally sparked worries about the worldwi...
OIL DROPS TO ITS LOWEST SINCE JANUARY
HIGHLIGHTS
- Oil prices drop for a fifth day to their lowest since January 2019.
- West Texas Intermediate futures were down by 80 cents, or 1.6%, to $47.93 a barrel.
- On Wednesday evening, President Donald Trump guaranteed Americans that the ri...
GOLD FELL BY 1 %
HIGHLIGHTS
- Spot gold fell about 1% to $1,644.40 per ounce by 01:56 p.m.
- U.S. gold futures fell 1.6% at $1,650.
- The strong support for gold remains to be low rates by major central banks.
On Tuesday, Gold fell over 1%, even...
GOLD PRICES EASED
Highlights
- WHO confirms coronavirus, not a global epidemic
- Gold prices ease
On Friday, gold prices were trading at a lower rate. The investors chose riskier assets after the World Health Organization did not announce that China virus...
GOLD PRICES UP AMIDST U.S CHINA TRADE DEAL
On Wednesday, after the announcement from U.S Official that the trade prices will remain the same on China, ahead of the signing of an interim trade deal between the two countries, gold prices increased while palladium recorded a high rate.
On Tuesday, Spot gold increased at 0.1% to $1,...
Gold drops on positive sentiments of U.S China Trade deal
On Monday, as market sentiments expect positive trade deal between U.S and China, gold prices have dropped. Although the trade deal has lifted dollar rates.
Spot gold fell by 0.4% to $1,555.76 per ounce. U.S. gold futures dropped 0.2% at $1,556.30.
On Wednesday, a ...
How did gold, oil, nickel commodities performed in the market?
Gold
Gold prices increased higher crossing the $1,600 mark as investors sought cover in the secured asset after Iran fired rockets at Iraqi airbase which hosts US forces.
Spot Gold has important support at U.S $1560 whereas resistance remains at U.S $1610. Sid...
Iron ore futures in China increased 2.9% amidst tension in the Middle East
On Wednesday, Iron ore futures in China increased rising as much as 2.9% in market session, on expectations of strong restocking demand from mills ahead of local holidays.
The most active May contract for iron ore futures on the Dalian Commodity Exchange increased 2.7% to 684 yuan ...
China’s iron ore futures is best performing commodity, other commodities vary in prices
The best performing commodity in China’s iron ore futures in 2019. The commodity more than doubled in value, whereas natural gas rated as a biggest loser that dropped by more than a quarter.
Other commodities which gained were Crude oil, Malaysian palm oil, precious metals, nickel...
Gold commodity may remain bullish in 2020
Gold prices increased to 19% in a year marked by global economic apprehensions and trade frictions. Gold also got a boost as central banks globally got loose monetary policy to boost growth.
On Tuesday, gold purchased from key central banks and exchange-traded funds have helped sup...
The global Chemical industry towards 2020.
What is next for the industry?
The chemical industry is one of the modern-day outcomes of the industrial revolution. The chemical that was produced in bulk for commercial use was sulfuric acid. This was way back in 1736 when a pharmacist n...