“(Reuters) – U.S. stock index futures fell on Monday as President Donald Trump’s comments dampened expectations around a U.S.-China trade deal, while escalating violence in Hong Kong added to investor worries” writes Midwest Communications Inc for 95kqds.com. SunPower Corp gained 3.8% after the solar cell and panel maker said it would split into two separate publicly-traded companies. Source: 95kqds.com
Read MoreFutures Daily Review for November 11, 2019 U.S. oil futures edge up for the session, gain 1.9% for the week U.S. oil futures settled slightly higher on Friday to notch a gain of nearly 1.9% for the week as traders weighed conflicting reports on progress toward a… Gold futures fall 3.2% for the week, largest weekly loss in over 2 years Gold futures declined on Friday to tally a loss of 3.2% for the week, the largest such loss in more than two years. Gains this week in the…
Read More“Twitter account dedicated to Bakkt futures trading volume data, Bakkt Volume Bot, also pointed out the development on Nov. 8” writes Adrian Zmudzinski for cointelegraph.com. Bitcoin (BTC) futures daily volumes on digital asset platform Bakkt have hit a new all-time high, with 1,741 futures traded on Nov. 9.Notably, on Oct. 26, Bakkt traded 1,183 Bitcoin futures contracts after registering a staggering 257% volume increase in 24 hours.The last reported Bakkt contract trading price as of press time is $8,895.As Cointelegraph reported earlier this week, Bakkt is also on its way…
Read More“Shares rose 5.9% before the start of trade Friday” writes Markets Reporter for marketwatch.com. The reports come as trade data from China came in better than expected, but reflected ongoing struggles for world’s second-largest economy. Source: marketwatch.com
Read More“Oil futures slumped Friday as skepticism around a rollback of tariffs in China-U.S. trade talks eroded bullish sentiment on crude prices” writes Mark Decambre for marketwatch.com. For the week, U.S. benchmark oil prices are on track to climb 0.3%, according to FactSet data. Looking ahead, investors await a weekly report from Baker Hughes on rigs drilling for oil, with the oil-field services firm reporting last week that the number of rigs drilling for oil fell by 5 to 691.January Brent crude BRNF20, -1.94%, the international benchmark, shed 91 cents, or…
Read More“The registration brings Tassat closer to launching a crypto derivatives exchange with full oversight from the CFTC, where it hopes to list physically-delivered Bitcoin (BTC) derivatives for institutional investors” writes Marie Huillet for cointelegraph.com. New York-based financial technology firm Tassat — formerly known as trueDigital — has succeeded in overcoming the first hurdle in its bid to launch a fully-regulated crypto derivatives exchange. This summer, another crypto exchange ErisX, procured a derivatives clearing organization license from the CFTC as part of its plans to make digital asset futures contracts available…
Read More“In daily trading, Bitcoin hit local lows of $8,980 before likewise bouncing higher, with markets currently trading at around $9,000” writes William Suberg for cointelegraph.com. Bitcoin (BTC) price lost support at $9,000 on Nov. 8 after several days of downward action finally saw markets make a decisive move.Data from Coin360 showed BTC/USD breaking out of its narrow trading corridor between $9,000 and $9,500 on early Friday.As Cointelegraph reported, suspicions have mounted among analysts over price behavior in recent weeks and months. Source: cointelegraph.com
Read MoreFutures Daily Review for November 8, 2019 Gold futures settle at 3-month low Gold futures suffered a hefty drop on Thursday, to settle at their lowest since early August. Renewed optimism about a near-term, partial U.S.-China trade… GBP Futures: bearish with caution Open interest in GBP futures markets shrunk for the third session in a row on Thursday, this time by just 293 contracts as per advanced data from CME EUR Futures: extra downside on the cards Preliminary figures for EUR futures markets from CME Group noted open…
Read More“Generally, after receiving a full or partial fill on the genuine orders, the traders then cancelled the spoof orders” reports financefeeds.com. As a result, the genuine orders would fill sooner, at better prices, or in larger quantities than they otherwise would.The order finds that Tower Research Capital, through three of its traders, engaged in this unlawful activity while trading futures contracts through Tower accounts, which benefited Tower financially while causing over $32.5 million in market losses.In placing the spoof orders, the traders often used an order splitter to enter several…
Read More“Gold futures suffered a hefty drop on Thursday, to settle at their lowest since early August” writes Markets Commodities Reporter for marketwatch.com. Renewed optimism about a near-term, partial U.S.-China trade agreement stirred a rise in debt yields and the U.S. stock market, dulling the appeal of precious metals.December gold GCZ19, -1.82% dropped $26.70, or 1.8%, to settle at $1,466.40 an ounce. Source: marketwatch.com
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