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Tag: momentum

CME Sustains Growth Momentum Across Asset Classes In October

CME Sustains Growth Momentum Across Asset Classes In October

Finance
Shutterstock photoAfter a solid performance across most of its major asset classes in the first three quarters, CME Group 's ( CME ) trading volumes saw impressive growth in October, with its daily volumes coming in 14% above the year ago levels. Recent rate hikes and the Fed's indications of another hike in the year ahead has boosted investor interest in interest rate derivatives, with trading volumes 33% ahead of the levels seen in October 2016. Energy derivatives maintained solid volumes, but the marginal decline from the year ago levels is likely due to the strong demand towards the end of 2016 with the surge in oil prices due to cuts in production. Meanwhile, metal derivatives saw 46% growth in trading volumes as they are considered a safe investment asset. We expect fur...
'Donald Trump forest' climate change project gains momentum

'Donald Trump forest' climate change project gains momentum

Science
A campaign to plant trees to compensate for the impact of President Trump's climate policies has 120,000 pledges. The project was started by campaigners upset at what they call the president's "ignorance" on climate science. Trump Forest allows people either to plant locally or pay for trees in a number of poorer countries.Mr Trump says staying in the climate pact will damage the US economy, cost jobs and give a competitive advantage to countries such as India and China. The organisers say they need to plant an area the size of Kentucky to offset the Trump effect.Based in New Zealand, the project began in March this year and so far has gained pledges from around 450 people based all around the world. In the first month, 15,000 trees were pledged - that's now gone past 120,000. Some people...
Colchester United 1-2 Aston Villa: John McGreal hopeful his young team can carry momentum into Stevenage game

Colchester United 1-2 Aston Villa: John McGreal hopeful his young team can carry momentum into Stevenage game

Sports
Colchester United manager John McGreal was delighted with the effort from his young team against Aston Villa and hopes they can carry the momentum into Saturday’s game against Stevenage.League Two Colchester gave a good account of themselves against Championship side Villa, in their Carabao Cup game at Weston Homes Community Stadium, narrowly falling to a 2-1 defeat.After a disappointing opening day 3-1 loss to Accrington Stanley, the performance on display restored a sense of positivity in Essex as United target a return to League One – the division they fell out of two seasons ago.“I thought our young boys – we have a young team – really gave a good account of themselves in the game tonight,” said McGreal after the Villa game.“I’m already switching to Stevenage in a way.“It’s been a grea