Categories Finance

Crude oil futures settle at $71.71

Crude oil futures settled $71.71. That’s up $0.51 or 0.72%. The gains came despite a surprise jump in U.S. crude inventories, which rose by 6.2 million barrels last week according to the EIA, compared to analyst expectations of a 2.1 million barrel drawdown. The market’s focus appears to…

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Categories Finance

It may take the market awhile to digest the tariffs

Jens Nordvig from Exante makes a good point today about the tariffs: Strategic events, such as a historical shift in trade policy, will not be digested that quickly. It could take weeks and months and even quarters, before we have their full effects embedded. Even if we were…

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Categories Finance

Wall Street Giant DTCC Unveils Tokenized Collateral Platform in Crypto Push

The Depository Trust and Clearing Corporation (DTCC), the world’s largest securities settlement system, is pushing deeper into crypto with introducing a blockchain-based platform for tokenized collateral management. Collateral is a fundamental part of risk management in financial markets, ensuring stability amid market fluctuations. However, traditional systems often suffer…

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