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Narendra Modi against forward trading in commodities, retail FDI
. He advocated the need for a clear distinction between a small trader at a taluka or panchayat level with that of traders conducting business in urban cities #Gujarat #Narendra Modi #commodities #FDI #retail #Trading #future trading
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Narendra Modi says he is opposed to forward trading in commodity exchanges
"Forward trading in commodity exchanges is detrimental to national economy and I am opposed to it," Modi said in a statement. #Business #Narendra Modi #NewsTracker #Commodity exchanges #forward trading
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Gold futures extend gains, up 0.19% on global cues
At the Multi Commodity Exchange, metal for delivery in June rose Rs 52, or 0.19 percent #Gold #Investing #CommodityView #Multi Commodity Exchange
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iStockAnalyst
Commodities Poised To Rally?
Much has been made of the upside technical breakout experienced by the US Dollar last week, but when I dissect the components of USD strength, I found that much of the breakout was attributable to Yen weakness. In fact, the other components of USD are al #Europe
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Daily Nation
Market for exchange of farm produce to be set up August
Kenya plans a commodities exchange market to help farmers secure high and stable prices for their produce. The market, which will be managed by the Nairobi Securities Exchange, will be in place by August this year. Acting Capital Markets Authority (CMA) #Kenya
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The Reformed Broker
Chart o’ the Day: The Stocks / Commodities Disconnect
This disconnect is certainly one of the more remarkable features of the risk-on rally since 2011. Here's an illustration from Julian Jessop at Capital Economics via FT Alphaville: It seems as though this makes no sense at all - shouldn't commodities be b #Paul Murphy #China #Shanghai




