This is a market in which traders are, for lack of a better word, “confused” (another good word is “paralyzed” as we observed one month ago)…
Source: http://ift.tt/2vsu9Ax
Category: finance
WTI/RBOB Algos Undecided After Gasoline Build, Production Dip
RBOB gasoline is at a 25-month high (and WTI has a $45 handle) as all attention is focused on the duration and impact of the storm (i.e. how long refineries will be closed?)…
Source: http://ift.tt/2wSBZUw
19 European Countries Now Have Negative Interest Rates
Weird Things Are Happening With Gold
Last week featured two unusual stories on gold – one strange and the other truly weird. These stories explain why gold is not just money but is the most politicized form of money. They show that while politicians publicly disparage gold, they quietly pay close attention to it…
Source: http://ift.tt/2vrQ1w3
The Great Outer Space Land Grab of the near Future: Conflicts over Space Rock Mining Rights
() Space has become a veritable goldmine of natural resources for many companies, yet can anyone lay claim to them? That’s the question legal experts claim will become relevant in the future as firm turn to the stars for precious metals and minerals, and it’s one that also needs to be answer..
Source: http://ift.tt/2xMODAY
Sticker Shock: Small Hedge Funds Seen Ditching I-Banking Research Under MiFID
For the past several months we’ve discussed many theories about how the new MiFID II rules in Europe might drastically change the investment banking research business model…
Source: http://ift.tt/2wns7Py
Hurricane Harvey Likely To Destroy More Cars Than Katrina: “This Is Bad; Real Bad”
Hurricane Harvey’s historic flooding in Texas is set to wreak havoc on the auto industry and its insurers with analysts now predicting the storm could damage more vehicles than Hurricane Katrina…
Source: http://ift.tt/2x1tuG5
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