Stock markets are generally mixed today as NASDAQ seems unstoppable. But other indices, in Asia, Europe and even US look sluggish. OECD noted the equal probability of having a second wave of coronavirus spread or not. But that’s largely ignored by investors. In the currency markets, Dollar is back under pressure ahead of FOMC, trading
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KUALA LUMPUR: Malaysian palm oil futures rose for a third straight session on Wednesday, though trading was cautious ahead of the release of official May supply and demand data, and cargo surveyors’ export numbers for the first 10 days of this month. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives
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Traders increased their open interest positions by nearly 6.1K contracts on Tuesday, reversing the downtrend in place since May 21 according to advanced readings from CME Group. Volume, in the same line, went up by almost 34.5K contracts. Gold resumes the upside Tuesday’s positive price action in gold was amidst increasing open interest and volume
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South African blockchain peer-to-peer renewable energy platform Sun Exchange obtained a $3 million investment from ARCH Emerging Markets Partners, thereby closing its $4 million Series-A funding round, according to a statement issued today. Sun Exchange allows international clients to buy remotely-located solar cells — either with Bitcoin (BTC) or South African Rand — and then
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National Commodity and Derivatives Exchange Limited (NCDEX) is set to publish two national-level rainfall-based indices on June 10, 2020 that would track the systematic rainfall movement in the country – the Indian Monsoon Index (Cumulative Monsoon Index) and Indian Rain Index (Monthly Cumulative Rainfall Index). NCDEX has partnered with Skymet Weather Services Private Limited, which
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Macy’s at Valencia Town Center Mall opens for curbside pickup service during COVID-19 outbreak on May 21, 2020 in Santa Clarita, California. Robin L Marshall | Getty Images Macy’s shares soared Tuesday as the company released its preliminary financial results, saying it is regaining customers at reopened stores much quicker than it expected.  With the retailer’s stores
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