Quick Overview VanEck Expansion: CEO Jan van Eck announced plans for international expansion targeting commodities, signalling a strategic shift to capitalize on global economic growth China’s Economic Recovery: Positive March Manufacturing PMI indicates a significant recovery in China, enhancing its role in boosting global commodity demand U.S. Fiscal Policies: Aggressive U.S. spending measures propel the …
Quick Look: Aluminium Prices Surge: LME excludes Russian aluminium, causing prices to jump 9.4%; China’s Clean Tech Dominance: Over 80% of solar, batteries, and EV production; Oil Export Restrictions: Mexico cuts exports; OPEC+ keeps output low; Egg Prices Stable Amid Bird Flu: US bird flu outbreak affects markets, potential price hikes; Energy Stocks Rise: XLE …
At a Glance West Texas Intermediate Crude Futures Soared Above $85, Reaching a Five-Month High. Wholesale Gasoline for May Delivery Remained Unchanged at $2.76 a Gallon. Gold for June Delivery Gleamed, Soaring $33.20 to $2,315 per Ounce. The Dollar to Yen Exchange Rate Subtly Rose to 151.68. Geopolitical Events and OPEC’s Production Plan Stir the …
Quick Look CFTC files enforcement against KuCoin for illegal operations. KuCoin accused of failing KYC procedures, risking US customer involvement. DOJ and CFTC demand disgorgement, penalties, and injunctions. The Commodity Futures Trading Commission (CFTC) has escalated its oversight of the cryptocurrency sector by launching a civil enforcement action against KuCoin, a prominent digital asset exchange. …
CFTC Targets KuCoin Over Alleged Regulatory Violations Read More »
Quick Look CFTC files a complaint against KuCoin for illegal commodity transactions and lack of registration. DOJ accuses KuCoin of violating anti-money laundering laws, alongside failure in implementing KYC procedures. Ethereum and Litecoin were classified as commodities in CFTC’s landmark complaint. KuCoin faces legal actions for transmitting over $4 billion in suspicious funds. Historical context …
Quick Look Oil markets rebound amid geopolitical tensions and attacks. Global steel output experiences significant growth; copper and zinc stocks fluctuate. Agricultural markets show mixed trends in speculative bets. Barrick Gold Corp. shines with robust operational performance and prospects. Oil States International Inc. stands out with its diverse energy and mineral exploration ventures. This week, …
Dynamics of Global Commodities: An Insightful Overview Read More »
Quick Look Oil prices reflect economic, geopolitical, and tech factors, oscillating dramatically. Recent events like Ukraine’s drone attacks on Russia affect global oil prices. Rising prices affect the US gas pumps, with implications for driving season. Citigroup predicts a decline in oil prices due to supply offsets and electric vehicle rise. Oil is a testament …
Quick Look April delivery for benchmark U.S. crude oil decreased by $1.79, finishing at $81.68 per barrel. April’s wholesale gasoline declined 3 cents, reaching $2.73 a gallon. Gold for April ascended $1.30, marking a new price of $2,161 per ounce. In the ever-volatile world of commodity trading, the movements of prices serve as a beacon, …
Fluctuations in Commodity Markets: A Detailed Overview Read More »
Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.
Disclaimer:
TradeMarketNews.com provides information and news solely for reference purposes. The accuracy, relevance, and completeness of any information and news may vary and cannot always be guaranteed. Readers are responsible for their use of such data (as stated in the ToS) and its appropriateness for the user.
Email: [email protected]
Connect with: trademarketnews
