US consumer confidence edged higher in early June, with the closely watched University of Michigan sentiment gauge climbing to 48.9 from May's all-time low of 44.8. The reading exceeded analyst forecasts of 46, marking a tentative break from months of deteriorating household morale.
DRW, a prominent trading firm, has taken a $176 million hit on power market positions after a period of severe volatility in electricity and gas prices battered its trading book during the winter months.
CME Group, the world's leading derivatives marketplace, said it will expand its benchmark suite of equity index futures with the introduction of four new E-mini contracts, pending regulatory review, broadening access to all-cap risk management tools for US equities.
Luxury stocks rallied sharply on Friday after Iranian state media reported that a proposed deal between the United States and Iran would include a reopening of the Strait of Hormuz and the lifting of US oil sanctions, offering relief to a sector hit hard …
Liquidity in global oil markets has collapsed at a record pace this year, as investors increasingly avoid committing capital to an asset class that has become highly sensitive to shifting political signals around the Iran conflict.
Gold prices remained under pressure on Friday, trading close to $4,200 per ounce and heading for a second consecutive weekly loss. The metal's decline came even as crude oil tumbled on growing hopes for a US-Iran peace agreement, a development that would typically be …
Silver prices held near $67 per ounce on Friday, extending a multi-week losing streak as the metal struggled to find support amid conflicting macro signals. The precious metal is now on pace for its fifth straight weekly decline, reflecting sustained pressure from rising interest …
CME Group, described as the world's leading derivatives marketplace, said it will offer round-the-clock trading for new, smaller-sized crude oil and gold contracts, pending regulatory approval, as part of an effort to give traders more flexible tools to manage commodity exposure.
CME Group, the world's leading derivatives marketplace, said it will launch financially-settled Micro E-mini S&P 500 and Nasdaq-100 options on June 29, pending regulatory review, adding to its already deeply liquid equity index options offerings.
Large-cap US stocks moved higher this week as the Nasdaq US 500 Large Cap Index climbed alongside a broader return of market optimism. The advance reflected improving confidence across Wall Street, with investors stepping back into the biggest and most influential companies in the …