A cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure transactions, control creation, and verify transactions. The first such cryptocurrency, Bitcoin, was introduced in 2009. In 2017, the exchanges launched a Bitcoin futures contract. The CBOE contract launched on Sunday, December 10, while the CME contract launched on Monday, December 18.
This week we will touch briefly on what happened in the pork product market, the live hog market and how this will likely play out this week.
Silver has attracted people’s attention for thousands of years. Relics of ancient civilizations include jewelry, religious artifacts and food vessels formed from the durable, malleable metal.
If it had not been for Wheat, human beings may never have socially and culturally developed as cosmopolitan as we have. Wheat was the first crop to be cultivated on a grand scale and stored long-term, enabling the start of city-based societies and the dawning of civilization.
Gold has been coveted for centuries for its unique blend of rarity, beauty, and near indestructibility.
The Russell 2000® Index, or mini Russell, is the recognized benchmark measuring the performance of the small-cap segment of the U.S. equity universe.
The Swiss Franc, created in 1798 by Swiss cantons, was made the official monetary unit of Switzerland and Lichtenstein in 1859 after the issue of money was restricted to the federal government.
Platinum is a relatively rare, chemically inert metallic element that is more valuable than gold. Platinum is a grayish-white metal that has a high fusing point, is malleable and ductile, and has a high electrical resistance.
Ever since World War II, the amount of U.S. Dollars abroad sharply increased. This meant that foreign banks had U.S. Dollars in their custody and their jurisdiction. Today, the Eurodollar is similarly not under the jurisdiction of the Federal Reserve because it is a U.S. Dollar time deposit held in foreign banks.
Before the Canadian Parliament established the Canadian Dollar in 1871, practically every province was conducting transactions in local currencies. Today, the Canadian Dollar value has floated ever since 1970, and is the 7th most traded currency in the world.