Page 34 - Commodities Exchange News Today

The upward momentum in stocks has been impressive, despite US 10-year Treasury yields holding above 1.6 per cent. However, all eyes will now turn to this weeks US Federal Reserve meeting, which begins late Wednesday UAE time. The theme around rising US bond yields has been a source of concern for financial markets – they have been on an uptick since early February – a period in which yields on the 10-year bonds have risen from 1 per cent to the current 1.6 per cent. Anaemic demand from inte...

DGCX to launch the world’s first PKR futures contract DUBAI, 4 days ago The Dubai Gold & Commodities Exchange (DGCX) will soon launch a Pakistani Rupee (PKR) Futures Contract, the first of its kind on any regulated exchange in the world, enabling market participants to expand their trading opportunities to the Pakistani market. The launch follows extensive market research and feedback from DGCX members.   The Contract, which is set to go live on Friday April 16, 2021, will allow regional...

DGCX to launch the world’s first PKR Futures Contract Muzaffar Rizvi/Dubai Filed on March 17, 2021 The contract size is 2,000,000 of base currently (PKR) and will be traded and cash settled in US Dollars (USD) based on publicly available reference prices displayed on the last trading day. Trading hours will be from 07:00 to 23:55, Gulf Standard Time. — File photo The contract, which is set to go live on Friday April 16, 2021, will allow regional market participants with the ability...

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DGCX marks Women’s Day with gender equality bell DUBAI, 29 days ago To mark International Women’s Day (March 8), the Dubai Gold & Commodities Exchange (DGCX) joined dozens of exchange houses around the globe to celebrate the 7th annual ‘Ring the Bell for Gender Equality’ ceremony. The 2021 theme is “Women in leadership, achieving an equal future in a COVID- 19 world”. The initiative is a partnership between the World Federation of Exchanges (WFE), the Sustainable Stock Exchanges...

DGCX honours International Women’s Day with bell ringing for gender equality reporters@khaleejtimes.com Filed on March 8, 2021 In early 2020, DGCX announced that it became a signatory of the Women’s Empowerment Principles (WEPs), another initiative by the UN Women and UN Global Compact dedicated to promoting women’s empowerment To mark International Women’s Day, the Dubai Gold & Commodities Exchange (DGCX) joined dozens of exchange houses around the globe to celebrate the se...

CBN, and Nigeria Sovereign Investment Authority, NSIA plan to invest N50 billion into the comatose Commodity Exchange, NCX.

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DGCX registers strong interest in silver futures reporters@khaleejtimes.com Filed on March 2, 2021 The strong interest in the precious metal follows global trends as well as market volatility which saw silver jump to an eight year high earlier in the month. Silver futures contract in February recorded a year-to-date volume growth of 348.35 per cent. The Dubai Gold and Commodities Exchange (dgcx) registered a spike in its silver futures contract in February, recording a year-to-date ...

Godwin Emefiele, CBN Governor. Central Bank of Nigeria (CBN) Governor, Godwin Emefield, CON, says 2021 is expected t be a yer of active recovery for the global economy and Nigeria must not be left out. He spoke during Vanguard Economic Summit organised in collaboration with the Bankers Committee in Lagos on Friday. It is indeed a pleasure to participate in this Summit, organized by the Vanguard Newspapers, and please permit me to express my deepest appreciations to a man I have great respect fo...