Contemporary technologies are undoubtedly reshaping the financial assets and trading industry, and markets are undergoing major transformations due to emerging technologies. This report explores some of the key areas of influence of the most prominent technologies in today’s world.Blockchain and supply chain transparency: Blockchain technology ensures secure and transparent transactions …
Read More »Can Futures Market Push Bitcoin’s Prices Above USD 50000?
Bitcoin is traded at USD 49,206, up almost 6% over the last two days, the top crypto coin seemed to have started the week on a high note. While BTC still rode on a wave of volatility, the recent bullishness in price stirred the market anticipation of a high Bitcoin …
Read More »Natural Gas Futures Lower Ahead of EIA Data
Continued weather-driven poor demand expectations keep pressuring natural gas futures in early trading Thursday as the market awaited the latest round of weekly government inventory data. The January Nymex contract was off 9.8 cents to $4.160/MMBtu.Estimates ahead of the latest Energy Information Administration (EIA) storage report, scheduled for today, point …
Read More »Strong support at 93.50 pushes USD’s demand
The U. S. Dollar Index rallies 0.86% during the New York session, is at 94.10, short of the 94.30 fresh weekly high. U. S. T-bond yields are falling, with the 10-year benchmark note down two basis points, at 1.545%.The market sentiment is mixed, depicted by European stock indices, splitting between …
Read More »Bitcoin Update: Crypto fund inflows hit record
Coinciding with Bitcoin’s surge to an all time high of $66,974, investors pumped a record $1.47 billion of new money into digital asset investment products, pushed by bloom of cryptocurrencies and the launch of the first bitcoin futures exchange-traded fund, according to report issued Monday by CoinShares.Bitcoin-focused funds dominated last …
Read More »Gold Rises With The Decline in The Dollar And US Bond Yields
Gold futures fell on Friday, on pace to halt a three-session climb, as Treasury yields and U.S. benchmark stock indexes rose, Gold prices rose on Tuesday, October 19, as the dollar and US Treasury yields fell, providing some support for the precious metal despite the trend of central banks to …
Read More »Gold Catches Its Breath
Gold fell on Monday morning in Asia, recouping some losses after heavy selling during the previous session as US bond yields tumbled. Gold futures were down 0.03% at $1,767.75, to offset losses after dropping 1.6% on Friday. The benchmark 10-year US Treasury yields also eased after rising to 1.5904% on …
Read More »Gold futures slide as prices eye strongest weekly gain since August
Gold futures fell on Friday, on pace to halt a three session climb, as Treasury yields and U.S. benchmark stock indexes rose, but the recent run-up in the precious metal set prices up to post the best weekly advance since August. The selloff Friday followed gold’s inability to hold above …
Read More »Crude oil strengthens over $79.09, weakens under $78.57
U.S. West Texas Intermediate crude oil futures are trading a little better Wednesday after hitting its highest level since 2014 the previous session. Global concerns about energy supply on signs of tightness in crude, natural gas and coal markets still persist.At 05:26 GMT, December WTI crude oil is trading $78.79, …
Read More »U.S. Natural Gas Futures Ease from 7-Year High
Ahead of the official storage report, U.S. natural gas future contracts slipped on Thursday due to pressures by forecasts for estimated slightly lower demand next week. The market took a breather from its recent racing ahead of the U.S. Energy Information Administration’s (EIA) weekly storage report.There has been a significant …
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