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The losses have been brought on when oil futures moved from backwardation to contango. Backwardation implies that costs are projected to fall with the passage of time, whereas contango means that prices are projected to rise with the passage of time. But this advice taught me to be humble about my funding course of and to give consideration to risk management in my positions and portfolios.

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Global tech giant Samsung has revealed a range of latest units overnight which give a glimpse into the method forward for smartphones and the corporate’s new pricing technique. Hackers have stolen some US$600 million in cryptocurrency from the decentralised finance platform Poly Network, in what it says is the largest theft within the trade’s historical past. After greater than two months in lockdown, NSW businesses are scraping by with many nonetheless ready to see a single dollar from government promised assist funding. In …