Hedging
Hedging

News & Press

13
Apr

NATGAS Drops 6% as Heating Season Nears End

Analysts expect the heating season in the United States to end soon, even as temperatures forecasted for the near-term do not deviate much from averages for the current period of the year. On the other hand, average temperatures in this period are usually high enough for demand for heating to drop significantly, and therefore for […]

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13
Apr

Bitcoin’s Story is ‘Strong and Positive’ Says Galaxy Digital Global Head

The Global Head of Trading at Galaxy Digital, Jason Urban believes that the story for crypto is strong and will continue to be positive. Urban made the statement while explaining the reasons behind the current resurgence in Bitcoin and the rest of the cryptocurrency market. In an interview show with Bloomberg at the “Hong Kong […]

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13
Apr

Oil falls as investors worry over recession fears

SINGAPORE (Reuters) -Oil prices retreated on Thursday after rising for two sessions, with investors still showing lingering concern over a possible U.S. recession and weaker oil demand. Brent crude fell 20 cents, or 0.2%, to $87.13 a barrel by 0352 GMT, while U.S. West Texas Intermediate slid 15 cents, or 0.2%, to $83.11. Both benchmarks rose […]

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13
Apr

Gold pushes higher as inflation eases, recession fears rise

Gold prices rose in Asian trade on Thursday as softer-than-expected U.S. inflation data spurred bets on an early rate-hike pause by the Federal Reserve, while growing fears of a recession also supported safe haven buying. The yellow metal pushed further above the $2,000 mark this week, and was now about $50 away from a 2020 […]

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13
Apr

Alibaba shares plunge on SoftBank’s stake sale report

TOKYO (Reuters) -Japanese technology investor SoftBank Group Corp has moved to sell almost all of its remaining shares in Alibaba (NYSE:BABA) Group Holding Ltd, the Financial Times reported, sending the Chinese e-commerce major’s stock tumbling. The sale would come as valuations of China’s big tech firms have started recovering this year after an end to two years […]

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13
Apr

The Morning Wrap

AUDUSD jumped following solid jobs data for March from Australia. However, bulls failed to sustain a break above the 0.6710 price zone and a return below this area can be observed at press time. Source: xStation5

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12
Apr

Gold pushes further past $2,000 as Fed’s Kashkari flags recession

Gold prices rose past key levels on Wednesday, boosted by safe haven buying after Minneapolis Federal Reserve President Neel Kashkari flagged a potential recession this year, with focus also turning to more U.S. economic cues due later in the day. Kashkari said that rising interest rates and a slowdown in lending after the collapse of […]

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12
Apr

Ukraine farmers say protests in EU over Ukrainian grain are political

KYIV (Reuters) – Protests by European farmers are political and shipments of Ukrainian grain are not reducing the profitability of their business, Ukrainian food producers’ union UAC said on Wednesday. Logistical bottlenecks have kept large quantities of Ukrainian grains, which are cheaper than those produced in the European Union, in Central European states, reducing prices […]

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12
Apr

China records world’s first human death from H3N8 bird flu -WHO

BEIJING (Reuters) – A Chinese woman has become the first person to die from a type of bird flu that is rare in humans, the World Health Organisation (WHO) said, but the strain does not appear to spread between people. The 56-year-old woman from the southern province of Guangdong was the third person known to […]

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12
Apr

Oil Moves Higher as market awaits key US inflation data

Oil prices edged up on Wednesday as the market waited for U.S. inflation data later in the day that will likely influence the Federal Reserve’s policy on future interest rate hikes. Brent crude gained 19 cents, or 0.2%, to $85.80 a barrel as of 0615 GMT, while U.S. West Texas Intermediate rose 13 cents, or 0.2%, […]

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