Friday 29 July 2016
 
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futures

New futures sports games event unveiled in Dubai

Dubai-based World Federation of Future Sports has unveiled a new innovation driven economic sector event, which will feature innovation and futuristic technology based sports competitions.   The World Future Spor

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DGCX January open interest up 26pc

The Dubai Gold & Commodities Exchange (DGCX) has recorded a strong start to 2016 with January figures showing an Open Interest increase of 26 per cent against the same month in 2015. The growing Open interest on the exchange u

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DGCX to launch Chinese Yuan futures in December

The Dubai Gold and Commodities Exchange (DGCX) is slated to launch Chinese Yuan futures, scheduled for December 18, subject to regulatory approvals. The new launch is part of DGCX’s efforts to make the Yuan accessible to reg

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DGCX to launch India Silver Quanto, Mini WTI futures

The Dubai Gold & Commodities Exchange (DGCX), UAE's leading derivatives bourse, is set to launch an India Silver Quantro futures contract and a mini-sized WTI futures contract.   The contracts are set to

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Gold spinning its wheels as hedge funds flee

The sentiment in gold and other metal markets has been turning increasingly negative during the past month, according to an expert.   Ole Hansen, head of commodity strategy at Saxo Bank, said that no signs of inf

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DGCX launches new products

The Dubai Gold and Commodities Exchange (DGCX) has launched three new contracts to further diversity its product suite. It includes the India Gold Quanto Futures, Indian Rupee Quanto Futures and Mini Dubai Polypropylene Futures, s

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Oil gains 1pc after US stocks drop for 4th week

Crude futures rose about one per cent on Friday after American inventories fell for a fourth straight week although prices are set for a weekly drop on a stronger dollar. Oil saw steep falls earlier this week as a resurgent dollar

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Brent approaches $61, set to end 7-month losing streak

Crude oil futures rebounded on Friday, with Brent heading for its biggest monthly gain since May 2009, as supply outages in North Sea and renewed fears of gas supply disruption in Europe supported prices. A reduction in rig counts

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Nanhua Futures joins DGCX as broker member

Nanhua Futures (Hong Kong), a wholly-owned subsidiary of Nanhua Futures, a leading Chinese overseas futures company, has been approved as a broker member of the Dubai Gold and Commodities Exchange (DGCX). Nanhua Futures (China) ha

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DGCX records 19pc growth in November volumes

The Dubai Gold and Commodities Exchange (DGCX) recorded a 19 per cent growth in volumes in November, as compared to the same period last year, training more than 980,000 contract, valued at $28.5 billion.   DGCX’s flags

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