ICAP’s Post

📊 𝐍𝐞𝐰 𝐖𝐨𝐫𝐤𝐢𝐧𝐠 𝐏𝐚𝐩𝐞𝐫! 📊 "𝐃𝐞𝐭𝐞𝐫𝐦𝐢𝐧𝐚𝐧𝐭𝐬 𝐨𝐟 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐇𝐞𝐝𝐠𝐢𝐧𝐠 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐀𝐦𝐨𝐧𝐠 𝐂𝐨𝐦𝐦𝐨𝐝𝐢𝐭𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐞𝐫 𝐅𝐢𝐫𝐦𝐬 𝐢𝐧 𝐋𝐚𝐭𝐢𝐧 𝐀𝐦𝐞𝐫𝐢𝐜𝐚" 📈 Latin America's commodity producers are at the heart of its economic engine, but they also face significant financial risks due to price volatility, exchange rate fluctuations, and market uncertainties. In this FLAR working paper, co-authored with Carlos Giraldo, Cristian Fabian Huertas Corredor, and Juan Camilo Sánchez Delgado, we explore the key drivers behind financial hedging decisions in this critical sector. Our findings explore: ✅ How firm size and leverage influence hedging practices ✅ The impact of exchange rate exposure on risk management ✅ Why state-owned firms hedge more aggressively, especially in the oil sector ✅ The role of access to international markets and credit ratings, among other variables. Looking forward to your thoughts and perspectives on this important research! FLAR | Fondo Latinoamericano de Reservas #Research #RiskManagement #FinancialHedging #Commodities #EmergingMarkets #LatinAmerica #Finance #Economics #Commodities

⚡ Discover the dynamics of October in gold and money markets with Mehmet Ali Yıldırımtürk's assessment. Information on investment strategies, market analyses and current developments…

In this report, Bismarck Rewane and the Financial Derivatives Company Limited (FDC) Think Tank analysed the current state of the economy, the stock market, outlook for september and more, highlighting their implications for your business and investment strategies. Full analysis below:

🎥 Day 2 of Commodity Trading Week Europe at Chelsea Football Club, let’s catch you up on the interviews that took place yesterday! 💻 We kicked off with Sameer Soleja from Molecule, discussing the evolving landscape of energy and commodities trading. From tackling market complexities to disrupting traditional methods, we explored how Molecule's technology is shaping the future. 🌱 Next up, Dr. Sadar Abdul Rasheed, DBA, Ph.D., CQF® from Savola Group shed light on the significance of carbon in commodity trading. With climate risks on the rise, we explored integrating carbon markets into ESG agendas and identifying opportunities amidst challenges. The next 5 years hold intriguing prospects! 🚢 Our discussion with Richard Watts from HR Maritime zoomed in on maritime disruptions, echoing today's conference theme. From supply chain woes impacting trading to the criticality of tight contractual obligations, we navigated through the complexities of maritime transport. Richard shared invaluable tips for mitigating risks in this dynamic landscape. 🛳️ Join us today at the Trade Finance track at Clarke, Level 4, and don’t forget to ask the TFG team at our stand for instructions to get the chance to win the Hapag-Lloyd AG Colombo Express Model Container Ship! 📖 Stay tuned to see what other interviews may be coming our way later today, and to see what Commodity Trading Week Day 2 holds for TFG, as Deepesh Patel opens up the commodity trade finance track. #CommodityTrading #ESG #TradeFinance 

We are excited to announce that SMN is featured in the HedgeNordic Magazine! The article, "The Power of Commodities in SMN's Trend Following Approach," offers a deep dive into the significant role commodities play in our investment strategy. Read the full article here: https://lnkd.in/daPvJPJX #InvestmentStrategy #Commodities #TrendFollowing #Finance #Managedfutures #commoditytradingadvisor #MarketInsights #toptradersunplugged

The Winter 2023 issue of the CID ("Commodity Insights Digest") includes an article entitled, "The Challenges of Oil Investing: Contango and the Financialization of Commodities." The article is Ludwig Chincarini and Fabio Moneta. The article is available here: https://lnkd.in/gPQeCijs. The authors note that the "ability of oil investment vehicles to perfectly track spot oil has always been challenging; however, recently many vehicles have underperformed spot oil. ... [They] study the behavior of oil futures and exchange-traded products that invest in oil futures to document and understand the source of this tracking error. The primary reason why oil investment vehicles have underperformed spot oil is an increase in contango in oil futures markets that ... [they] find might be related to investment crowding and the financialization of commodity markets. ... [They] show that from 2006 to 2017, oil futures investing underperformed spot oil and the market was in contango most of the time. Proxies for crowding, such as the concentration of major oil investors and changes in assets under management and fund flows of major oil exchange-traded products, are associated with contango in the futures markets and the divergence between futures and spot returns. ... [They] also provide evidence of an impact of the financialization on oil futures prices." The CID is a publication of Bayes Business School - City, University of London (U.K.), in association with Chicago-based Premia Research | Premia Capital. Its co-editors are Professor Ana-Maria Fuertes (https://lnkd.in/dpSH_DBs) and Honorary Senior Visiting Fellow Hilary Till (https://lnkd.in/gcAE2bNN). A press release announcing the CID's launch is available here: https://lnkd.in/gmvticRm. Subscriptions to the CID electronic journal are currently complimentary at the following link: https://lnkd.in/gie7-Vbe. #oilmarkets

What this expert predicts will be the best-performing ASX sectors in FY25

In this article for HedgeNordic Director of Investment Solutions, Razvan Remsing, discusses the versatile role that commodities can play in trend following portfolios. The piece highlights the importance of adaptive and reactive models within the commodities sector due to the varied nature of opportunities, why maintaining exposure to trendless markets is important as has been seen this year in Cocoa, the growth in available commodities contracts since Aspect’s inception in 1997 and how models can be tailored given the differences to financials. The full article is available here: https://lnkd.in/e7KRgRMY #commodities #trendfollowing Please see Aspect Capital’s Form ADV Part 2A for a complete discussion of the features, risks and conflicts of Aspect Capital’s investment programs: https://lnkd.in/eRqK8Wnu

Macro risks and demand from China have driven Gold prices to record levels in 2024. Copper prices have experienced strong growth in the recent past after almost 11 months of slumber. Silver is testing record highs. Are we in a commodities super cycle? How much of you portfolio should be allocated to commodities? What is the difference between synthetic and direct exposure? If you have questions like above, tune into our upcoming webinar on 28 May, 2024 with Manny Damianakis and Rohan Reddy, CFA.

 🌍 Ready to unlock the future of global commodity and natural resources? Secure your front-row seat at TXF Amsterdam 2024! 🎟 Join the world's leading minds in the industry as we converge in one dynamic city to explore the latest trends, navigate challenges, and spark groundbreaking deals with the most innovative companies. 🌐 With over a decade of expertise, TXF stands tall as a premier source for commodity news, data, and events. Don't miss out on the event of the year!    🏆 DM me for more details and make sure you're part of this unparalleled experience. 🏆  Top Regions by Volume ($m) for 2023 in the photo below!  🌐 Industry Trends for 2024 🌐 ·      Uncertainty around pricing and funding access ·      Volatility and resilience of the oil & gas sector ·      Impact of geopolitical issues and climate change ·      Challenges facing soft commodity traders and producers ·      Anticipated price increase in grains For a deeper dive into these insights, check out our latest article here: https://lnkd.in/gJD8NPZK 📈   🔗 Book here  https://lnkd.in/gBPaga-N to join us at TXF Amsterdam 2024! 🌟 Secure your spot now and celebrate a decade of excellence at the 10th Anniversary of the Global Commodity Finance Conference in Amsterdam on 22-23 May 2024. Act fast, as the super early bird rate ends on 02 February! 🎉 🎊  #CommodityFinance #TradeFinance #TXFInsights #TXFAmsterdam24