"I commented, "In the United States, the summer months, beginning in May, typically see increased demand for gasoline as people take vacations and drive more. While the gasoline demand appears in May, refiners must begin purchasing crude oil in January to allow time to...
MSCI’s inclusion of Aramco in indexes such as the widely followed MSCI Emerging Markets Index sets the stage for the stock’s inclusion for it to be added to ETFs such as theiShares Core MSCI Emerging Markets ETF (NYSEArca: IEMG)and theiShares MSCI Emerging Markets Index (EEM). “Inclusio...
How the Tadawul and US Markets Are Correlated The Tadawul ispositively correlatedto U.S. stock markets due to acurrency peg. In turn, the Tadawul is thought to be highly positively correlated to neighboring stock exchanges, such as the Abu Dhabi stock exchange, the Dubai Stock Exchange, and ...
One of the buyers of multiple memberships was longtime CBOT member George Hanley, who emailed me this statement about the lawsuit: “I think a fair settlement could be a win/win for the exchange and the members to clean this up and put t...