Resource Investor

Matters just continue to go from bad to worse for the Turkish Lira. The currency is in complete freefall and the outlook is still that there is an increased risk of further losses ahead. This is despite the Lira being crippled by meeting new historic lows on a near-daily basis as of late, a consequence […]

From $145 to $35 to $115 to nearly $25 and now to back above $70, the price action in the oil market has been a roller coaster for a full decade now, and the question on every trader’s mind is “how far will we rise before dumping again…and what does that mean for other markets?”

BCause LLC today announced that the firm has engaged ASGARD Partners & Co. as its exclusive Capital Markets Advisor for a Series B capital raise of $25 million in equity. After launching its cryptocurrency mining facility in February, BCause is in the process of establishing a spot market and, pending regulatory approval, a derivatives exchange

The battered Pound was thrown a temporary lifeline on Tuesday, after hawkish remarks from MPC committee member Gertjan Vlieghe slightly stimulated UK rate hike expectations. …read more From:: Resource Investor

The Trump administration is cracking down on Venezuela and laying down threats of the toughest sanctions Iran has ever seen, adding to the risk premium for oil while there are signs that U.S. and global supplies are tightening. …read more From:: Resource Investor

Major U.S benchmarks are edging higher into the morning and priming for technical breakouts as fundamental developments continue to favor higher prices. …read more From:: Resource Investor

CloudQuant has allocated $20 million to a crowd resourced trading strategy, according to the company in a press release. CloudQuant is the cloud-based trading strategy incubator. Quantitative analysts, algorithmic developers, data scientists and traders around the world create and test trading strategies leveraging CloudQuant’s superior infrastructure. …read more From:: Resource Investor

U.S. investors got overexcited on Monday after Treasury Secretary, Steven Mnuchin, announced over the weekend that the trade war with China was “on hold.” …read more From:: Resource Investor

U.S. futures are pointing to another higher open on Tuesday, building on Monday’s strong gains and benefiting from an apparent easing in trade tensions between the world’s two largest economies. …read more From:: Resource Investor

After peaking at just over 125.00 in June 2015, the U.S. dollar/Japanese yen (USD/JPY) currency pair has been trending lower ever since. …read more From:: Resource Investor