Latest News for: Global commodity trading

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Global stocks turmoil extends in Asia, greenback firms a fraction

Beijing News 21 Apr 2021
SYDNEY, NSW, Australia - Concern about surging coronavirus cases across the world put a cap on share trading in Asia On Wednesday. "Renewed concerns about the global economic recovery weighed on commodity prices and commodity currencies ... In Hong Kong the Hang Seng was still trading at the time of writing but was down around 500 points.
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Murban crude futures register largest single-day trading volume

The National 21 Apr 2021
Adnoc switched from a retroactive pricing model to forward pricing last year as it sought to create a futures contract that allows oil from the emirate to become a freely traded global commodity, filling a void in the trading and pricing of crude from the Middle East, which is the biggest supplier to global energy markets.
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Iron Ore Price Rally Blunts China's Trade Pressure

Wall Street Journal 21 Apr 2021
... to Australia, which accounts for more than 50% of global iron-ore exports, as it navigates tensions with its largest trade partner. The price of iron ore—one of the world’s most traded commodities—rose to $187.75 a metric ton on April 20, according to S&P Global Platts.
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EnergySingapore prosecution files more charges over nickel trading scandal

Reuters 20 Apr 2021
The charges allege that Ng, former managing director of commodity trader Envy Global Trading Pte Ltd and Envy Asset Management Pte Ltd, deceived five individuals on multiple occasions into investing about S$8.8 million in connection with non-existent forward nickel contracts.
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AfricaSouth African rand gains against subdued dollar, stocks fall

Reuters 20 Apr 2021
dollar being pinned near a one-month low and greater global risk appetite ... South Africa recorded large current account and trade surpluses in the last two quarters of 2020 on higher demand for commodities as global trade conditions eased with the falling COVID-19 infections and a subsequent loosening of restrictions on economic activity.
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Lumber prices have soared 230% in the last year, pushing timber and homebuilding ETFs to ...

Business Insider 20 Apr 2021
Lumber has staged an incredible rally in the last year and is taking exchange-traded funds that track the commodity along for the ride ... The fund tracks global timber and forestry stocks and gained nearly 7% in premarket trading Tuesday but pulled back at the open.
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CGI receives global trade award for resiliency

Johnson City Press 20 Apr 2021
GIB.A) announced it is the winner of a for Resiliency in the Fintech category from Global Trade Review (GTR), an independent publishing and events company covering the global trade industry. The GTR Leaders in Trade Awards highlight excellence in the trade, commodity, supply chain, export finance and fintech markets.
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Lumber prices have soared 230% in the last year, pushing timber and homebuilding ETFs to record highs

The Times of India 20 Apr 2021
Lumber has staged an incredible rally in the last year and is taking exchange-traded funds that track the commodity along for the ride ... The fund tracks global timber and forestry stocks and gained nearly 7% in premarket ...
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David Fickling: The real vaccine crisis isn’t about J&J or AstraZeneca

Hastings Tribune 20 Apr 2021
In the 1990s and early 2000s, HIV was ravaging sub-Saharan Africa just as the newly formed World Trade Organization was hammering out global regulations on the treatment of intellectual property ... If we’re to protect ourselves against the next health crisis, we first need to reform the rules of global trade.
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Century Global Commodities advancing multi-billion tonne Iron Ore portfolio

Resource World 20 Apr 2021
Century Global Commodities Corp ... The Project will ship into the global seaborne market which is driven almost exclusively by China demand ... Iron ore has been the best performing metal commodity in 2020 trading at a price level the market has not seen for almost 10 years.
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Nayara Energy likely to raise up to Rs 2,500 cr

The Times of India 20 Apr 2021
New Delhi/Mumbai. Rosneft-backed Nayara Energy, formerly Essar Oil, is planning to raise as much as Rs ... Nayara didn’t respond to ET’s request for comments. Nayara Energy, owned by Russian energy giant Rosneft, global commodity trading firm Trafigura and UCP Investment Group, operates a 20 million tonnes a year refinery at Vadinar in Gujarat ... .
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CBL Announces First Trades of Nature-Based Global Emissions Offset

Olean Times Herald 19 Apr 2021
NEW YORK and SAN FRANCISCO and SYDNEY, April 19, 2021 /PRNewswire/ -- Xpansiv, a global trading platform for ESG-inclusive commodities, today announced the first trades of the Nature-Based Global Emissions Offset™ (N-GEO) on Xpansiv market CBL ... Xpansiv is the global market for ESG-inclusive commodities.
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Artificial Intelligence Trading Software Market Size | Growing Demand for AI Trading Software Industry Trends, ...

The Sentinel Newspaper 19 Apr 2021
Global Artificial Intelligence Trading Software market report is segmented on the basis of application and regional & country level. Based upon Application Artificial Intelligence Trading Software market is classified into Stock Markets, Commodities, Bonds, Cryptocurrency, Forex and others.
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Global stocks flirt with record highs

Business Day 19 Apr 2021
“We have been highlighting over the past two months that the dollar could bottom out, in contrast to consensus, and believed that this would be a tactical problem for EM and for certain commodity trades,” wrote JPMorgan’s head of global and European equity strategy, Mislav Matejka, in a note to clients.
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European shares hit highs as markets upbeat about recovery

The Irish Times 19 Apr 2021
“We have been highlighting over the past two months that USD could bottom out, in contrast to consensus, and believed that this would be a tactical problem for EM and for certain commodity trades,” wrote JP Morgan’s head of global and European equity strategy, Mislav Matejka, in a note to clients.
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