BCG Report Offers ‘Reality Check’ for Blockchain in Commodities Trading – Cointelegraph

Cointelegraph BCG Report Offers ‘Reality Check’ for Blockchain in Commodities TradingCointelegraphMajor U.S. consulting firm Boston Consulting Group (BCG) has released an in-depth report August 16, which it dubs a “reality check” for the use of blockchain in the commodity trading industry. For commodities trading, BCG argues that there is a strong …Boston Consulting Group questions blockchain […]

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Commodity Weakness Is A Threat To US Stock Market – Bloomberg Intelligence – Kitco News

(Kitco News) – This summer’s massive drop in commodities could be a sign of a “rising macro risk” that is going unnoticed by the U.S. stock market, according to Bloomberg Intelligence. “Declining commodity prices are inconsistent with a recovering global economy, unless the receding tide is an early warning of rising macro risk. This should […]

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Is Blockchain the Future of Commodities Trading? Apparently Not – Finance Magnates

The idea to use blockchain to assist and transform trading has been picking up steam in the past few years. Commodity firms and banks alike have been jumping on board pilot schemes for blockchain to utilize its technology. However, a report from the Boston Consulting Group (BCG) released on Thursday states that the use of […]

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Commodities Meet Their Wile E. Coyote Moment – Bloomberg

Bloomberg Commodities Meet Their Wile E. Coyote MomentBloombergThat seems to be what’s happening in commodity markets. A savage 4 percent slump Wednesday on the London Metal Exchange drove copper into a bear market, pushing the metal often considered a proxy for economic growth below $6,000 for the first time …Copper collapses below $6 000 as investors […]

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Europe markets fall as strong dollar dents commodities – Gulf Times

AFP/London Stock markets fell sharply yesterday, with commodities-linked assets hit by dollar strength, while the lira recovered despite Turkish-US tensions ratcheting higher.“It’s a broad based sell-off across Europe as dealers are worried about the currency crisis in Turkey, and the cooling of Chinese growth,” said market analyst David Madden at CMC Markets UK.London finished the […]

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Global growth jitters sparked by Turkey send commodities and markets down – Financial Post

TORONTO — Canada’s main stock index dropped Wednesday along with U.S. markets as a currency crisis in Turkey and disappointing indicators from China have sparked global growth fears and sent commodities prices falling. North American markets followed European and Asian markets down after Turkey imposed retaliatory tariffs against the United States as Turkey struggles with […]

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European stocks tumble as strong dollar dents commodities – Channel NewsAsia

LONDON: European stock markets fell sharply on Wednesday (Aug 15), with commodities-linked assets hit by dollar strength, while the lira recovered despite Turkish-US tensions ratcheting higher. “It’s a broad based sell-off across Europe as dealers are worried about the currency crisis in Turkey, and the cooling of Chinese growth,” said market analyst David Madden at […]

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