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Wednesday, August 4, 2021
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Markets Work, but Untangling Global Supply Chains Takes Time

Now, there are higher prices for base materials like steel and aluminum. There are suppliers being forced to raise wages sharply to keep assembly...

Analyst says DeFi and stablecoins held up well as crypto markets imploded

The decentralized finance (DeFi) sector faced its first real challenge during last week’s market sell-off that saw more than $ 1 trillion wiped...

Futures markets rocked as perpetual contracts traded 30%+ below index price

Traders have become accustomed to perpetual futures markets trading pretty much in line with the regular spot markets. After all, there are incentives for...

Elon Musk Tweets—and Gives Crypto Markets Growing Pains

Last week, when Elon Musk tweeted that he had spoken with the team of Doge developers about how to make the coin more efficient,...

Iran's return to oil markets is imminent

Following talks in Vienna this month, the US could announce a deal with Iran as early as the end of May, which could lead...

Asia's share markets edge up on recovery signals

© Reuters. FILE PHOTO: A passersby wearing a protective face mask is reflected on screen displaying the Japanese yen exchange rate against the U.S....

Saudi Aramco profits nearly cut in HALF as pandemic woes cripple oil markets

Saudi state-controlled oil giant Aramco said last year’s profits saw a dramatic drop to $ 49 billion as the Covid-19 pandemic turned 2020...

Russian diamond sales triple as demand in key markets recovers – Alrosa 

Alrosa, the world’s leading diamond-mining company by volume, sold $ 361 million-worth of rough diamonds and $ 12 million-worth of polished gems...

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