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COT report: Nearly half of managed money’s commodity exposure now in gold – Saxo Bank

Commodities The Bloomberg Commodity Index (BCOM) extended its rally, rising 2.5% in the latest reporting week. Gains in energy and precious metals supported fresh buying and short covering, while agriculture broadly struggled—corn being the notable exception. Managed money accounts responded by adding length across all energy and metal contracts, while fresh short selling
Business

MoneyGram and Mastercard enter partnership

To enhance digital money movement MoneyGram, a leading financial technology company, has partnered strategically with Mastercard to enhance global financial accessibility by advancing digital money movement. The new partnership promises to deliver faster, more secure, and near-real-time payment solutions to customers worldwide. Through the new alliance, MoneyGram will