CME Group, the world’s leading and most diverse derivatives marketplace, today announced it reached an all-time high quarterly average daily volume (ADV) of 22.2 million contracts during first-quarter 2018, up 30 percent from first-quarter 2017.
CME Group Reaches Highest-Ever Quarterly Average Daily Volume – (CME Group)
Record Total Futures ADV up 4% y/y; record Futures OI- Record Total Commodities ADV up 4% y/y – Record Total Energy futures ADV up 3% y/y, led by record Gasoil ADV up 28% y/y
INTERCONTINENTAL EXCHANGE REPORTS MARCH AND FIRST QUARTER 2018 STATISTICS– (ICE)
On average, the farmers will probably see a loss of $4.34 per hog, based on futures prices as of April 2, according to Lee Schulz, an assistant professor who specializes in agricultural economics at Iowa State University.
Iowa’s Hog Farmers Are Facing Losses Thanks to Trump’s Trade War – (Bloomberg)
The brewing trade dispute between the U.S. and China is taking aim at American farmers in a way that could have an impact on the mid-term elections this year.
Brewing Trade Fight Takes Aim at Swing-State Soybeans – (Bloomberg)
You (Yes, you!) have just been elected president of your very own country. Congratulations! Now it’s time to get to work. There is another country out there that has goods you can buy, and you have goods it may want to buy. Your job is to choose your foreign economic policy — which you’ll do in the little game we’ve prepared for you below.
How To Win A Trade War – (FiveThirtyEight)
About 95 percent of world cocoa output is produced by small farmers, many of whom still use traditional growing methods. Because global yields have stayed stagnant, supply increases have come primarily through expansion of cultivated areas. Ivory Coast, the No. 1 grower, lost 64 percent of its forest cover from 1990 to 2015 largely because of cocoa farming, according to IDH, a sustainable trade initiative.
Hershey to Spend $500 Million Making More Sustainable Kisses – (Bloomberg)
Appraisals of the offshore Khaleej Al Bahrain basin by two US firms also suggest the presence of 280bn to 560bn cubic metres of natural gas.
Bahrain discovers offshore oilfield ‘containing 80bn barrels’ – (BBC)
For me, the 200-day moving average is not a line in the sand, but rather an indicator of what type of market we’re in. I’m more concerned with the direction of the line as opposed to whether stocks are above it or below it.
The Break – (Irrelevant Investor)
Trading firms are negotiating buying, selling and lending digital currencies like bitcoin and ether over Skype, catering to big investors looking to avoid rocking already volatile online exchanges.
OTC crypto market flourishes, powered by Skype – (Reuters)