Futures News Oil 

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” 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

“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

“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

“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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Futures Markets News Stocks 

Futures move higher on US-China trade optimism

“U.S. stock index futures were higher Thursday morning with market participants monitoring U.S.-China trade talks” writes Silvia Amaro for cnbc.com. Investors continue to follow news of the U.S.-China trade talks.ET, Dow Jones Industrial Average futures rose 83 points, indicating a positive open of more than 51 points. Source: cnbc.com

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Crypto Futures News Platforms 

Indonesia: $70 Million Capital Requirement for Bitcoin Futures Sparks Anger

“Cryptocurrency traders are unhappy with regulators in Indonesia after it emerged Bitcoin (BTC) brokers now needed over $70 million to launch futures trading” writes William Suberg for cointelegraph.com. However, in a surprise addition to the final bill, those trading platforms are required to have 1 trillion rupiah ($71.17 million) minimum capital.Following new regulations which came into effect last October, trading platforms wishing to offer cryptocurrency-based instruments can do so, while cryptocurrency use remains banned.According to Oscar Darmawan, CEO of local cryptocurrency exchange Indodax, the sums involved are even more than…

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