Latest news with #Forex
NZ Herald
2 days ago
- Business
- NZ Herald
NZ log exports steady despite Nelson wind damage and China slowdown
While many parts have seen massive rainfall during July, the Nelson and Tasman regions were absolutely pasted and had the unfortunate double whammy with a significant wind event. This, on top of super-saturated soils, has created a severe windthrow event reminiscent of the Cyclone Gabrielle event that flattened forests around the Taupō region. While it's too early to give accurate estimates of the damage, early comments are that it's chunky and likely around 4000ha. What is important is that no matter how much wood is on the deck, it's unlikely to have the same impact on increased export volumes as the Taupō salvage. There are a few reasons for this, including topography, logging crew availability and port configuration. While the Taupō region was largely flat, Nelson/Tasman is steeper, meaning more specialist machinery is required and that machinery is much harder to mobilise into the region due to the bit of water between the islands. In addition, the Nelson Port can only load vessels on one berth, which limits the throughput for export logs and hence the volume that can be put through the entire system. Deliveries into China from New Zealand have slowed in recent months, as a result of winter and subdued prices, and this is unlikely to pick up this side of summer, which currently seems a long way away. In-market inventories have been steadily reducing month-on-month since February, and even though Chinese uplift has reduced, inventories have continued to head south. What is important to note is that China is in its low season for construction and, therefore, demand is subdued. However, we are still seeing reductions in the inventory position of around 60,000cu m per month. At the current rate, we will see inventory into the sub-3.0 million cu m range by year-end end, which is getting into pucker territory for buyers, and buyer pucker is good for sellers. The in-market sales price (cost and freight, or CFR) has increased slightly from June into the $US111-113/cu m range. This is more due to the impact of the log futures market than real demand. Shipping has settled down after a slight flurry following the US and Israel's set-to with Iran, and Forex continues to hover around the $US0.60 mark. Combined, this has led to a slight increase in at-wharf gate (AWG) prices in New Zealand for July, with A grade around US$115/cu m in Southern North Island ports. This AWG spot price level is unlikely to see anyone want to hit the go button on a short-term harvest. Image / Forest360 However, as inventory reduces and summer approaches, we will probably see a historic price uptick from September onwards. Domestic markets continue to be decidedly average, with many domestic sawmills feeling the pinch of soft sales. The recent Cotality Cordell Construction Index points to construction costs having the strongest rise in almost two years, with a growth rate of 0.6% in Q2 2025 and 2.7% annually. In my view, this will be as welcome as a Green Party Budget for anyone looking at building or renovating, and, with the combination of a reasonable volume of existing housing stock in the market and an Official Cash Rate on pause, there may be some headwinds in terms of new builds. Carbon had been flirting around the $60/NZU (New Zealand Unit – one metric tonne of carbon dioxide or any other greenhouse gas under the Emissions Trading Scheme, or ETS) mark before falling away, based on low demand and post-auction jitters. Current spot prices are around $57.40/NZU; however, there is some expectation of price-firming throughout the remainder of the year (which it has done in 10 of the past 11 years) as emission returns have now been submitted, and there will likely be very little additional supply in the run-up to Christmas. The NZU stockpile reduced in line with expectations to a five-year low of 133.3 million NZUs from 144.5 million 12 months ago. The next six months will be interesting in the carbon space as a number of variables come into play. The Government will be making a decision (expected by the end of September) on the ETS unit settings, and the key will be whether they decide to redistribute unsold auction volumes evenly across 2028 through 2030 or leave forward auction volumes unsold. At the same time, the proposed forestry restrictions around whole farm planting are expected to be legislated by the end of October, further limiting the future availability of NZUs. If you love a good gamble, then NZUs might be a reasonable bet. So, all in all, winter is never fun, and this winter's already shown its hand by giving a few regions a proper bloody nose. This is nothing new and we've proven to be a very resilient industry when faced with significant adverse conditions. Rest assured, it won't be long until we dust off the stubbies and jandals and admire the few extra pounds we've amassed over the cooler months.
Edinburgh Reporter
4 days ago
- Business
- Edinburgh Reporter
Choosing the Right Hosting Service: A Trader's Guide to Market-Specific Solutions
Every millisecond of latency translates to lost opportunity in today's hypercompetitive trading landscape. The infrastructure supporting your trades requires as much strategic consideration as your market analysis – yet most traders underestimate how dramatically hosting requirements differ across asset classes. What works for forex scalping fails catastrophically for crypto arbitrage, while equities market making demands entirely different specifications. Specialized hosting providers have emerged to address these divergent needs, offering optimized solutions that account for each market's unique microstructure. Understanding these technical nuances separates traders who consistently capture spreads from those left wondering why their strategies underperform. Photo by Florian Krumm on Unsplash Colocation: The Gold Standard for Equities Physical proximity to exchange matching engines provides an insurmountable advantage in equity markets. Major financial hubs like NY4, LD4, and TY3 data centers house the servers of institutional players who won't tolerate even microseconds of unnecessary delay. The physics of data transmission means colocated servers will always outpace remote connections when executing large block orders. Cloud Solutions: Crypto's Native Habitat Digital asset markets move at speeds that break traditional infrastructure. When Bitcoin volatility spikes 20% in an hour, only elastic cloud architectures can scale resources instantly to maintain strategy performance. Providers like Beeks crypto-hosting services specialize in these dynamic environments, offering low-latency connections to 50+ exchanges with the flexibility to deploy additional nodes during liquidity events. Virtual Private Servers: Forex's Sweet Spot Currency traders operating across global sessions require a different approach. A well-configured VPS in London provides consistent sub-5ms execution during European hours, while a Singapore-based instance handles Asian liquidity with equal reliability. The best forex VPS providers guarantee uninterrupted performance during NFP releases and central bank announcements when retail platforms often choke. Network Architecture: Hidden Performance Lever Equities traders obsess over direct fiber routes to exchange gateways. Forex participants optimize paths between prime broker liquidity pools. Crypto market makers minimize hops across decentralized exchange architectures. These network topology decisions often matter more than raw hardware specs for achieving consistent execution quality. Security Postures Diverging by Market Regulated equities platforms demand air-gapped backup systems and military-grade encryption. Forex operations prioritize DDoS protection that withstands coordinated attacks during major news events. Crypto traders architect defenses against both exchange hacks and wallet vulnerabilities – requiring security models foreign to traditional markets. Compliance Dictates Geography MiFID II forces European equity traders into specific jurisdictional setups with audited data trails. U.S. forex brokers face CFTC-mandated server locations. Crypto's regulatory patchwork creates complex tax reporting obligations despite geographical flexibility. These constraints directly impact hosting selection. Cost Structures Mirror Market Mechanics Equity colocation represents a capital-intensive but predictable expense. Forex VPS solutions offer lower barriers to entry with variable scaling costs. Cloud-based crypto hosting follows consumption models that align perfectly with the asset class's volatility profile. Each approach reflects its market's fundamental characteristics. Performance Metrics Tell Different Stories Equities traders track microsecond latency reductions like sports stats. Forex participants measure execution consistency across global sessions. Crypto market makers monitor throughput capacity during exchange congestion. These KPIs reveal which hosting solutions actually deliver value. Future-Proofing Trading Infrastructure Tokenized assets and AI-driven strategies will introduce novel technical requirements. Savvy traders partner with providers capable of adapting to quantum networking and other emerging technologies without requiring complete infrastructure rebuilds. Matching Infrastructure to Market Reality The most successful traders treat hosting as a competitive weapon rather than an operational afterthought. Colocation dominates equities for good reason, while forex traders achieve better ROI through premium VPS solutions. Crypto operations demand the elasticity only cloud architectures provide. In an era where execution quality determines profitability as much as strategy, your hosting environment should reflect the precise demands of your chosen market. Because when microseconds translate to millions, generic solutions become the most expensive choice of all. Like this: Like Related
Gulf Business
4 days ago
- Business
- Gulf Business
ANAX Capital commits to deliver smarter trading suite for UAE, global Investors
Image credit: Supplied photos ANAX Capital Financial Markets LLC, is strengthening its position as a player in the regional and global trading space. The firm reaffirmed its commitment to delivering a seamless, secure trading experience backed by advanced technology, regulatory compliance, and a client-first service model. The entity is a First Category license holder regulated by the UAE Securities and Commodities Authority (SCA License No. 20200000258), Founded earlier this year, ANAX Capital has attracted attention from institutional and active investors alike, drawn by its institutional-grade infrastructure and governance standards. Image credit: Supplied With a paid-up capital of Dhs30m, the firm offers access to a diverse array of asset classes, including Forex, Precious Metals, and Contracts for Difference (CFDs), enabling clients to trade with flexibility and confidence. 'We have seen strong early momentum, driven by investors who recognise the value of working with a regulated, client-first trading provider,' said Tabinda Sanpal, founder and director of ANAX Capital. 'Our platform is designed to support a wide range of trading strategies, whether clients are just getting started or managing sophisticated portfolios.' Tailored product suite for modern traders ANAX Capital's product offerings are designed to meet the demands of today's evolving markets: Forex t rading : Clients can trade major currency pairs such as EUR/USD, GBP/USD, and USD/JPY with competitive spreads and fast execution. Precious m etals : Spot contracts, futures, and ETFs in gold and silver offer a hedge against market volatility and inflation. CFDs : The firm offers CFDs on indices, equities, and commodities, allowing for both long and short positions, supported by advanced analytics and risk tools. Exchange- t raded p roducts : Direct market access to trade Futures and Options on major US indices, energy products, and metals gives clients broader global exposure. Cash e quities : Investors can also trade shares across major global exchanges, adding further diversification potential to their portfolios. COO Mitul Kapadia emphasised the firm's client empowerment initiatives, noting that ANAX Capital is preparing to launch educational webinars and seminars to help individuals make informed decisions. 'We've built a secure and intuitive platform that gives traders access to a broad range of products,' Kapadia said. 'Our upcoming educational initiatives will help people understand not just how to trade, but when—or if—they should be trading. Sometimes, the smartest financial decision is to stay out of certain markets entirely.' Positioned for long-term growth in the region Operating from its headquarters at Aspin Commercial Tower on Sheikh Zayed Road, ANAX Capital aims to serve as a long-term financial partner for investors in the UAE and beyond. The firm's commitment to transparency, strong governance, and regulatory alignment is central to its growth strategy. With its client-centric approach and robust product offering, ANAX Capital is positioning itself as a forward-thinking leader in the Middle East's growing financial services sector.
Hans India
5 days ago
- Business
- Hans India
Satish Sanpal: Chairman of ANAX Capital and the Vision Behind Its Success
ANAX Capital is a prominent financial institution offering advanced trading services across multiple sectors, including Forex, Precious Metals, and CFDs. With its innovative trading platforms and diverse financial products, ANAX Capital has earned its place among the leading players in the industry. This article explores the journey of Satish Sanpal, the visionary behind ANAX Capital, whose dedication and drive have played an essential role in the company's remarkable success. The Beginning of a Journey Satish Sanpal, the Chairman of ANAX Capital, began his journey from humble beginnings in Jabalpur. Despite facing numerous challenges, his ambition and determination led him to the business world of Dubai. With no shortcuts or privileges, Satish worked tirelessly to carve a name for himself and build a legacy that reflects his vision of innovation and growth. His relentless pursuit of success became the foundation of ANAX Capital. Rise to Success in Dubai Satish Sanpal Jabalpur's journey is a testament to perseverance. Upon arriving in Dubai, he recognized the potential for growth in the financial sector and seized the opportunity to launch ANAX Capital. His deep understanding of the market and commitment to providing exceptional services allowed him to transform ANAX Capital into a globally recognized financial institution. Today, ANAX Capital offers a broad range of products, including Forex trading, precious metals, and CFDs, empowering traders with the tools for success. Forex Trading at ANAX Capital At ANAX Capital, the Forex trading platform is designed to meet the needs of traders worldwide. Offering access to major currency pairs like EUR/USD, GBP/USD, and USD/JPY, the platform provides tight spreads, fast execution, and secure transactions. With advanced trading tools, risk management options, and leverage possibilities, ANAX Capital ensures that clients can optimize their Forex trading profits with confidence. This is just one example of how Satish Sanpal's vision continues to drive the company's success. Precious Metals Trading: A Diversified Approach In addition to Forex, ANAX Capital offers precious metals trading, including Gold, Silver, Platinum, and Palladium. Precious metals are considered safe-haven investments during times of economic instability, providing a hedge against inflation, market volatility, and currency devaluation. By offering various trading options such as spot contracts, futures, and ETFs, ANAX Capital enables traders to diversify their portfolios with valuable assets that help manage risk. CFDs – A World of Opportunities With Contracts for Difference (CFDs), ANAX Capital opens doors to various financial markets, including indices, stocks, and commodities. CFDs allow traders to take both long and short positions, providing flexibility in different market conditions. Through leverage, traders can manage larger positions with less capital, enhancing the potential for profit. This product is another example of how ANAX Capital caters to the needs of modern traders seeking efficient, risk-managed trading opportunities. The Importance of Risk Management One of the core values that Satish Sanpal instilled in ANAX Capital is the importance of risk management. Whether trading Forex, precious metals, or CFDs, ANAX Capital provides tools to help traders manage their risk exposure effectively. With real-time insights and advanced trading platforms, clients are empowered to make informed decisions and navigate volatile markets with confidence. Satish's focus on risk management has been crucial to the company's success, helping thousands of traders achieve their financial goals. Commitment to Transparency and Trust Satish Sanpal Jabalpur's journey is built on transparency and trust, principles that are at the heart of ANAX Capital's operations. As an execution-only service provider, ANAX Capital ensures that all transactions are clear and transparent. The company takes pride in providing clients with all necessary information, ensuring they can make informed decisions. Satish's commitment to honesty and integrity has helped build a solid reputation in the financial world. Legal Disclaimers and Client Responsibility While ANAX Capital offers a range of trading services, it's important to note that trading involves inherent risks. The company provides general information and educational materials, but clients are encouraged to conduct their own research and seek independent advice if necessary. Forex and CFDs are leveraged products that carry high levels of risk, and clients must fully understand these risks before proceeding. ANAX Capital takes no responsibility for any losses incurred, and clients are encouraged to trade only with capital they can afford to lose. Looking to the Future The future of ANAX Capital looks bright, with plans to expand its product offerings and reach new markets. Under Satish Sanpal's leadership, the company is poised for continued growth, driven by a commitment to excellence, innovation, and client satisfaction. As the financial world evolves, ANAX Capital is dedicated to adapting and providing cutting-edge solutions for traders across the globe. Conclusion Satish Sanpal's journey from Jabalpur to becoming the Chairman of ANAX Capital is a story of resilience, vision, and success. His leadership continues to shape the company's trajectory, guiding it toward new horizons in the financial sector. ANAX Capital's diverse trading options and commitment to customer satisfaction reflect the values Satish holds. Through his hard work and dedication, he has built a lasting legacy that will inspire future generations of traders and entrepreneurs alike.
India Gazette
12-07-2025
- Business
- India Gazette
India's forex reserves fall by $3.05 bn to $699.74 bn; Gold reserves rise by $342 mn
Mumbai (Maharashtra) [India], July 12 (ANI): India's foreign exchange reserves (forex) witnessed a slip of USD 3.049 billion to USD 699.736 billion for the week ending July 4 amid the uncertain global trade environment, official data released by the Reserve Bank of India showed. In the preceding week, the country's forex reserves registered an uptick of USD 4.8 billion to USD 702.78 billion. In the week ending July 4, according to the RBI data, the major component of the forex reserves, the foreign currency assets, slipped USD 3.537 billion to USD 591.287 billion. Contrary to the dip in the previous week, the Gold reserves witnessed an uptick of USD 342 million to $84.846 billion in the week ending July 4, data suggests. A significant constituent of the forex, the Special Drawing Rights (SDRs) witnessed an uptick of USD 39 million, while the Reserve position in the International Monetary Fund (IMF) was up by USD 107 million to USD 4.735 billion, the data of the central bank suggests. Central banks worldwide are increasingly accumulating safe-haven gold in their foreign exchange reserves kitty, and India is no exception. The share of gold maintained by the Reserve Bank of India (RBI) in its foreign exchange reserves has almost doubled since 2021, till recently. In 2023, India added around USD 58 billion to its foreign exchange reserves, contrasting with a cumulative decline of USD 71 billion in 2022. In 2024, the reserves rose by a little over USD 20 billion, touching an all-time high of USD 704.885 billion at the end of September 2024. India's foreign exchange reserves (Forex) are sufficient to meet 11 months of the country's imports and about 96 per cent of external debt, said Governor Sanjay Malhotra while announcing the outcome of the Monetary Policy Committee (MPC) decisions. The RBI governor expressed confidence, stating that India's external sector is resilient and key external sector vulnerability indicators are improving. Foreign exchange reserves, or FX reserves, are assets held by a nation's central bank or monetary authority, primarily in reserve currencies such as the US Dollar, with smaller portions in the Euro, Japanese Yen, and Pound Sterling. The RBI often intervenes by managing liquidity, including selling dollars, to prevent steep Rupee depreciation. The RBI strategically buys dollars when the Rupee is strong and sells when it weakens. (ANI)
