Top commodities traders dismiss IPO route after bumper profits – Financial Times
Stay informed with free updates Just sign up for oil and gas industry myFT Digest — delivered straight to your inbox. Three of the world’s biggest commodity traders said their combined profits of $23 billion last year show they can continue to grow strongly without relying on public markets. Jeffrey Delapina, chief financial officer of […]
Gold market analysis for April 10 – key intra-day price entry levels for active traders – Kitco NEWS
(Kitco News) – This 5-minute bar chart for Comex Gold Futures is a valuable analysis and trading tool for intraday gold futures traders and market watchers. His 5-minute bar chart of active gold futures contracts displays the key short-term moving averages (10 and 20 periods) that traders can use for crossover buy and sell signals. […]
Traders bet on supply squeeze pushing up copper prices – Financial Times
Unlock Editor’s Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. Traders are betting on tighter copper markets in the coming months as disappointment over slowing Chinese economic growth outweighs concerns about tight global supplies. The June delivery price for copper, a key barometer of the health of […]
Citi’s equities traders harassed female colleagues, used cocaine in office: report
Citigroup’s troubled stock-trading division was a toxic boys’ club marked by persistent harassment and discrimination against female employees and internal cocaine use, according to a shocking report. was ignored for many years. Bloomberg reports that male bankers in the equity divisions who advise and execute trades for top hedge funds and other Wall Street heavyweights […]
Gold traders position themselves ahead of potentially pivotal FOMC – KITCO
(Kitco News) – The X gold community is buzzing as retail traders scramble to read the tea leaves and profit from what is expected to be the FOMC’s key interest rate decision. . The central bank is scheduled to announce its interest rate decision at 2pm ET on Wednesday, and while analysts and traders generally […]
Bitcoin traders eye $60K BTC price support as 'huge' futures gap opens – Cointelegraph
Bitcoin (BTC) soared towards $60,000 on March 17th as the sell-off continued through the weekend. BTC/USD 1 hour chart. Source: TradingView “Continuous spot selling” puts pressure on BTC price fluctuations Cointelegraph Markets Pro and TradingView Bitstamp showed a new low for BTC price at $64,522. This week, Bitcoin faced significant sell-side pressure, hitting a new […]
Stocks Rise With Traders Braced for CPI Volatility: Markets Wrap – Yahoo Finance
(Bloomberg) — U.S. stock futures rose along with European stocks ahead of much-anticipated U.S. inflation data that will help decide when the Federal Reserve will finally ease monetary policy. Most Read Articles on Bloomberg Citigroup says the options market is more worried about the S&P 500’s big swings after the inflation report than about next […]
Stock Market Today: Bitcoin Nears $69K High, Traders Zero in on Powell – Markets Insider
Bitcoin just missed Monday’s all-time high and fell in early morning trading. Meanwhile, U.S. stock futures fell as investors awaited Jerome Powell’s testimony to Congress. The Fed chair’s comments could provide a clue as to where interest rates are headed. Thank you for registering! Access your favorite topics in a personalized feed on the go. […]
Why are BTC traders bearish above $64K? 5 things to know in Bitcoin this week – Cointelegraph
Bitcoin (BTC) begins a new week with bulls aiming for all-time highs as February BTC price volatility continues. After a solid monthly close, the first weekly candlestick of March ended comfortably above $60,000. As expectations grow for what will happen next, sellers are tacitly accepting that there may be nothing standing in the way of […]
Chinese Stocks Fall as Traders Shrug off Rate Cut: Markets Wrap – Yahoo Finance
(Bloomberg) — Chinese stocks fell as a cut in China’s reference interest rate for mortgages failed to erase the gloom surrounding the world’s No. 1 mortgage. 2 Economy. The dollar followed the rise in US yields. Most Read Articles on Bloomberg While mainland and Hong Kong stock prices fell, Japanese stock prices reversed their early […]