The power tussle between the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over regulatory oversight of the crypto market continues to conf...
Tag: commodities
How Bad Is Europe’s Energy Problem? Better Than You Think
MANCHESTER, UNITED KINGDOM – JANUARY 03: A gas ring on a domestic stove powered by natural gas is … [+] seen alight on January 3. 2005, Manchester, England. Russia had decreased pressure i...
Get Ready For Another Lumber Rally As Homebuilders Anticipate 2023 Rebound
CHICAGO, ILLINOIS – APRIL 05: Stacks of lumber are offered for sale at a home center on April 05, … [+] 2021 in Chicago, Illinois. Lumber prices have more than tripled since last April due...
It’s time for the feds to define digital commodities
This month, the European Union (EU) agreed on the text for a unified licensing regime for cryptocurrency exchanges to operate across the EU bloc as part of its Markets in Crypto Assets Regulation (MiC...
Commodities Billionaire Kumar Birla Bets On Growth, Braces For Competition
This story appears in the October 2022 issue of Forbes Asia. Subscribe to Forbes Asia Kumar Birla Dhiraj Singh/Bloomberg This story is part of Forbes’ coverage of India’s Richest 2022. See the full li...
Commodities Roared Into New Quarter. Now Comes the Hard Bit
(Bloomberg) — Commodities have opened the fourth quarter in some style, with prices posting the biggest weekly gain since March after OPEC+ agreed to chop oil supply. The coming week will bring ...
OPEC Just Put a New Floor on Oil Prices. Politics Could Break It.
Text size Top oil producers agreed on a major cut in production to boost crude prices, a move denounced by the U.S. Frederic J. Brown/AFP via Getty Images OPEC’s latest controversial decision to cut p...
Oil Prices Slip Despite Prospect of Major Supply Cut
Oil prices fell slightly in early trading after two sessions of strong gains, ahead of an OPEC+ meeting on Wednesday when the oil group and its allies are expected to debate the biggest reduction in o...
Crypto Firm Bit Panda Seeks to Offer Traditional Commodities
Bit Panda – a financial technology firm based in Vienna, Austria – has stated that it’s going to be reverting back to the ways of traditional finance (or tradfi) in coming weeks and months and somewha...
Bloomberg Analyst Says Bitcoin’s Relationship to Commodities Could Hint at a Price Recovery – Here’s Why
Bloomberg Intelligence senior commodity strategist Mike McGlone thinks Bitcoin’s (BTC) relationship to commodities could be indicating the top crypto asset is on its way to a price recovery. McGlone t...
US Commodities Regulator CFTC Slaps Crypto Firm With $250,000 Fine, Issues Cease-and-Desist Order
The Commodities Futures Trading Commission (CTFC) is hitting a crypto firm with a $250,000 fine and a cease-and-desist order. According to a new press release, the commodities regulator is reprimandin...
CFTC Prepares to Step up Oversight of Crypto Market — Says Many Digital Assets Are Commodities – Regulation Bitcoin News
The Commodity Futures Trading Commission (CFTC) has shared with Congress its plans to regulate the crypto market with “full oversight capabilities” if the proposed Digital Commodities Consumer Protect...
U.S CFTC Chair Highlighted’ Many Crypto Assets Are Commodities’ Instruct his Agency to Regulate Digital Asset Space
The head of the U.S Commodity Future Trading Commission (CFTC) is planning to regulate many digital assets as commodities. CFTC (Commodity Future Trading Commission) chair Rostin Behnam supports the p...
U.S. CFTC Chair Says ‘Many’ Crypto Assets Are Commodities, Calls for His Agency To Regulate Digital Asset Space
The head of the U.S. Commodity Futures Trading Commission (CFTC) is calling for regulating many digital assets as commodities. CFTC chair Rostin Behnam is supporting the proposed U.S. Senate bill 4760...
Tesla May Be Set to Build a New Plant – but Not the One You Think
Elon Musk, chief executive of Tesla (TSLA) , has promised that this year he’ll announce the locations of the electric-vehicle manufacturer’s next factories. The list should probably incl...
Crude Oil Prices Tick Higher After Putin Threatens to Let Europe ‘Freeze’
Text size Russian President Vladimir Putin Mikhail Klimentyev/SPUTNIK/AFP via Getty Images Oil prices inched up on Thursday after Russian President Vladimir Putin hinted that he might tear up supply c...
‘Obligatory Rationing’—The Energy Nightmare Is Coming True
Natural gas NurPhoto via Getty Images The European energy fiasco is reaching a climax. As long feared, last Friday, the Kremlin-controlled gas giant Gazprom announced that it is shutting down Nord Str...
Oil Prices Tick Higher After Putin Threatens to Let Europe ‘Freeze’
Text size Russian President Vladimir Putin Mikhail Klimentyev/SPUTNIK/AFP via Getty Images Oil prices inched up on Thursday after Russian President Vladimir Putin hinted that he might tear up supply c...
Crypto Investment Platform Bitpanda Launches Commodities Trading
Bitpanda announced Monday that it has added commodities trading to its investment platform to enable its users to trade oil, natural gas, aluminium, and wheat. The new asset class is set to allow inve...
Bitpanda Adds Commodities Trading to Suite of Services
Diverse crypto trading app, Bitpanda recently announced commodities trading for its users for exposure to oil, natural gas, corn, and wheat. Bitpanda is now offering commodities trading to its approxi...
Goldman Sachs Sees Opportunity In Commodities, But The Greatest Long-Term Gains Likely In Farmland
Last week, Federal Reserve Chairman Jerome Powell swayed the market again after making remarks about inflation. Powell confirmed that lowering inflation would be a costly fight in terms of jobs and ec...
Oil Has Been Falling, OPEC Cuts Could Drive Them Up Again
OPEC’s biggest producer, Saudi Arabia, recently suggested that the group may consider an output reduction. Asaad Niazi/AFP/Getty Images Text size Oil prices posted their biggest monthly loss of the ye...
Goldman Sachs Urges Investors to Buy Commodities Now — Expects Equities to Suffer as Inflation Stays Elevated – Economics Bitcoin News
Global investment bank Goldman Sachs has urged investors to buy commodities now and worry about a recession later. The firm’s analysts see commodities as “the best asset class to own during a late-cyc...
Goldman Says Buy Commodities, ‘Worry About Recession Later’
(Bloomberg) — Goldman Sachs Group Inc. urged investors to pile into commodities as most recession risks coursing through global markets are overblown in the near term, arguing that raw materials...
‘From Bambi to Godzilla.’ Strategist David Rosenberg skewers the Federal Reserve as he sees a 30% hit to home prices and the S&P 500 returning to an early 2020 low
The last time David Rosenberg shared his outlook for the U.S. stock market and the economy with MarketWatch, in late May, it was depressing enough. Rosenberg is the widely followed president and chief...