CFTC

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Barclays Bank PLC (Barclays) for failing to submit accurate large trader reports (LTRs) for physical commodity swap positions, in violation of Section 4s(f) of the Commodity Exchange Act (CEA) and CFTC Regulations 20.4, 20.6, and 20.7. Barclays is headquartered in London and has been provisionally registered with the CFTC as a Swap Dealer since December 12, 2012

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r

How many times have you sat through a panel presentation at an investment conference only to be bored out of your damn mind by one session or another? The topic of the session doesn’t matter. It can be a session on anything from the tax treatment of investments to investors writing actual checks to fund

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naji

Oil prices incorporate no geopolitical risk premium today. This wasn’t the case throughout the 2000s. Oil traded $10–30/bbl above the cost of production, partially as insurance against supply disruptions. Despite oil price recovery this year, it still trades more than $10/bbl below ‘shale breakeven’ levels. Under $60/bbl, North American shale production will continue to decline. Iran’s nuclear accord has taken the specter of atomic warfare off the table

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4b39c5f0-2abe-4a18-b017-e2198816df95

Greetings,  We begin with Thursday’s central bank activity globally.1. Mark Carney’s speech hinted at near-term easing by the BoE. Source: WSJ The British pound sold off sharply in response to Carney’s remarks … Source: @barchart​ … while the FTSE 100 hit a 10-month high. 2. It seems that the ECB may be considering revising the

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