Apr 24, 2020 11:38 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
The prevailing Covid-19 apprehensions re-intensify significantly, leading to multiple waves of infections rises in case numbers; As Covid-19 started to invoke fears of a dollar liquidity crunch, gold and bitcoin like...
Cryptocurrency Derivatives Series: ICE’s Bakkt Replaces Its CEO Again
Apr 24, 2020 07:38 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
InterContinental Exchange-backed Bakkts CEO Mike Blandina is moving out from his designation at the digital asset platform. Blandina whosworn-inas the companys CEO just around four months ago as Kelly Loeffler who was the...
FxWirePro: A Run Through On Gamma Vol Play In Bullion Market
Apr 24, 2020 07:12 am UTC| Research & Analysis Commentary Insights & Views
We apply to precious metals a methodology devised for FX volatilities, Timing FX short-vol strategies, whose objective is that of controlling risk attributed to short-volatility strategies. Short-volatility strategies are...
FxWirePro: Asian markets in red, gold stabilizes below $1,730 mark
Apr 24, 2020 04:43 am UTC| Commentary
All the major Asian indices were trading on a lower note on Friday. Gold was trading around $1,724 mark while silver was trading around $15.19 mark. Japans Nikkei was trading 0.85 pct lower at 19,263.00...
U.S. new home sales fall sharply in March
Apr 23, 2020 17:54 pm UTC| Commentary
U.S. new home sales eased markedly like other economic indicators, in response to covid-19. The new home sales fell 15.4 percent in March, as compared with the expected fall of 15.8 percent. However, this change occurred...
U.S. flash services PMI index falls to record low in April, manufacturing PMI index drops to 36.9
Apr 23, 2020 16:08 pm UTC| Commentary
The U.S. IHS Markit flash services PMI business activity index dropped to 27 in April from Marchs 39.8. This indicates towards the most rapid contraction of services activity since the series started in October 2009 as the...
U.S. weekly initial jobless claims fall, but remains high
Apr 23, 2020 14:04 pm UTC| Commentary
U.S. initial jobless claims dropped to a still elevated 4.4 million for the week ended 18th April, consistent with market expectations of 4.3 million. This was a fall of 810k from the previous week. Continuing claims came...