Growth Points Round 1️⃣ 1️⃣ Summer Lucky Grand Draw is on fire!
Draw now for your chance to win an iPhone 16 Pro Max and exclusive merch!
👉 https://www.gate.com/activities/pointprize?now_period=11
🎁 100% win rate! Complete simple tasks like posting, liking, commenting in Gate Post to enter the draw.
iPhone 16 Pro Max 512G, Gate hoodies, Sportswear, popular tokens, Futures Vouchers await you!
Collect just 2 fragments to easily redeem Gate merch—take your rewards home!
Ends on June 4th, 16:00 UTC. Try your luck now!
More info: https://www.gate.com/announcements/article/45185
BNP Paribas: The Hedging fund lost in January due to the Mexican peso, but made profits from coffee and gold
Xinhua News Agency reported on February 12 that BNP Paribas Bank stated that due to escalating concerns about the global trade war, leading to price volatility, Hedging funds in the trading market suffered losses in January due to the Mexican peso but profited from gold and coffee trading. BNP Paribas Bank's report shows that Hedging funds that identify major market trends, buy when prices pump and sell when prices fall had an average return rate between 0.2% and 0.6% in January. BNP Paribas Bank stated that the key performance drivers for these systematic funds (including Commodity Trading Advisors (CTAs)) include coffee, gold, Japanese government bonds, and European stock indices.