Sunday, 26 June 2016

Commodity Derivatives

Gold bullion

Referendum decision leads to gold rush

IFR 2139 25 June to 1 July 2016

Gold jumped as much as 8% on Friday, hitting a two-year high of US$1,358 an ounce as investors flooded to the world’s safe-haven asset in response to the UK’s vote to cut its ties with the European Union.

Power industry pushes back on derivatives rules

IFR 2139 25 June to 1 July 2016

The US power transmission industry is attempting to roll back a recent CFTC amendment that would open up power producers and utilities to private litigation actions alleging fraud and manipulation in derivatives markets.

Investors flock back to gold ETFs

IFR 2134 21 May to 27 May 2016

Gold has regained its place as the safe-haven asset of choice on the back of rising global economic uncertainties and a weak dollar. Spot gold has surged 18% since the start of the year, climbing above US$1,300 per troy ounce for the first time in over a year at the start of this month.