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Oil Traders Cover Shorts The latest CFTC COT institutional positioning report shows that oil traders increased their net long positions in oil last week from 227k contracts to 240k contracts. This marks the second straight week of position building in oil, bringing the total upside position higher off the recent lows around 214k contracts, mostly […]
BNY Mellon BOE: Avoiding UK Mortgage Mayhem The Bank of England went to great lengths Wednesday to stress that its intervention in Gilt markets is purely a financial-stability-related operation. The time-limited and targeted nature of the purchases is clearly different from the operational parameters of quantitative easing or yield curve control. Coupled with the fact […]
Starkware co-founder Eli Ben-Sasson told Cointelegraph that none of the things that people feared about the Merge happened, and everything happened as it should. 1864 Total views 30 Total shares As the dust settled over the Ethereum network’s highly-anticipated transition to proof-of-stake (PoS), Eli Ben-Sasson, the co-founder of Starkware, gave his thoughts on its execution […]
Canadian cannabis company High Tide Inc. HITI, -4.26% HITI, -3.66% said Thursday it agreed to pay C$5.3 million ($3.88 million) to acquire two retail stores in British Columbia from seller 1171882 B.C. Ltd., operating as Jimmy’s Cannabis Shop BC. The stores, one in Cranbrook and the other in Prince George, generated C$5.4 million in annualized […]
Sellers on the New York Stock Exchange (NYSE) are exhibiting panic-like behavior, according to the Arms Index, which is a volume-weighted breadth measure. The Arms (or TRIN) tends to rise above 1.000 when the stock market falls, as the ratio of declining volume to advancing volume exceeds the ratio of the number of declining stocks […]
The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 103 billion cubic feet for the week ended Sept. 23. That compared with the average analyst forecast for an increase of 93 billion cubic feet, based on a survey conducted by S&P Global Commodity Insights. Total working gas stocks in storage […]