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Category: Futures

Crypto Futures Markets News 

Indonesia Launches Regulatory Framework for Crypto Futures Market

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“The new regulatory framework announced today is comprised of numerous major rules for operators in the crypto futures space” writes Celeste Skinner for financemagnates.com. Operating under Indonesia’s Ministry of Trade, the regulator has stated that cryptocurrency futures exchanges wanting to operate in Indonesia, must be registered and approved before they can commence operations.The regulation announced today, follows on from reports released back in June of last year, that cryptocurrency futures trading is legal in Indonesia.The Indonesian Commodity Futures Trading Supervisory Agency (Bappebti) announced via an official press release that it…

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Crypto Futures Markets News 

SEC and CFTC to Consider a Joint Approach Towards Crypto

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“As reported by Finance Magnates earlier this month, the Bitcoin futures market also took a hit since September last year as the trading volume is declining drastically” writes Arnab Shome for financemagnates.com. Though Bitcoin and Ethereum fall under the CFTC’s purview, the SEC is still controlling the larger initial coin offering (ICO) market.In a Bipartisan Policy Center event called “The Year Ahead for Capital Markets” last week, the two US market regulators – the SEC and the Commodity Futures Trading Commission (CFTC) – shared their views on the Bitcoin futures…

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Futures News Reviews 

Futures Daily Review February 18, 2019

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Futures Daily Review for February 18, 2019 Oil futures settle at highest since November, with U.S. prices up over 5% for the week Oil futures climbed Friday to settle at their highest since November, with U.S. benchmark prices up 5.4% for the week. Recent monthly data showed that   Gold futures climb for the session to post a gain for the week Gold futures finished at a two-week high on Friday to post a modest gain for the week as progress in trade talks between the U.S. and China was…

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Futures News Oil 

Oil futures settle at highest since November, with U.S. prices up over 5% for the week

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“Oil futures climbed Friday to settle at their highest since November, with U.S. benchmark prices up 5.4% for the week” writes Markets Commodities Reporter for marketwatch.com. March West Texas Intermediate oil CLH9, +2.21% rose $1.18, or 2.2%, to settle at $55.59 a barrel on the New York Mercantile Exchange.U.S.-China trade talk progress also helped to ease worries about energy demand. Source: marketwatch.com

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Futures News 

Gold futures climb for the session to post a gain for the week

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“Gold futures finished at a two-week high on Friday to post a modest gain for the week as progress in trade talks between the U.S. and China was seen as bullish for the metal” writes Markets Commodities Reporter for marketwatch.com. April gold GCJ9, +0.80% settled at $1,322.10 an ounce, up $8.20, or 0.6% for the session.China is one of the world’s biggest buyers of gold. Source: marketwatch.com

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Futures Markets News 

The new trucking freight futures market could help companies better manage their budgets — and secure better pay for truck drivers

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“The freight futures market, which is opening on March 29, will help retailers, manufacturers, and trucking companies lock in service rates for the coming years” writes Rachel Premack for businessinsider.com. In the decades following the passage of that law, trucking salaries have fallen by as much as 50% in some markets. Source: businessinsider.com

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Futures News 

Dow futures stage ugly u-turn after worst plunge in nine years for retail sales, raising specter of recession

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“The retail sales report is likely to weigh on the government’s official scorecard for the economy known as gross domestic product, with fears of a recession looming” writes Mark Decambre for marketwatch.com. Stock-market ebullience over progress in U.S.-China trade talks on Thursday gave way to pessimism after a December report on retail sales showed the worst decline in about nine years, sparking recessionary fears.Most recently, Dow futures were down 100 points, or about 0.4%, at 25,398. Source: marketwatch.com

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