Search Results for: Allen
The Economist: 31 of 34 Currencies Tracked are Undervalued Against the US Dollar
July 14th, 2017
The latest Big Mac index from The Economist indicates that 31 of the 34 currencies tracked are undervalued against the US dollar. Only the Swiss franc, Norwegian krone and Swedish krona are overvalued. Now in its 31st year, the ...
Thomson Reuters teamed up with Logical Construct to help global financial institutions
July 13th, 2017
Thomson Reuters and Logical Construct Collaborate on Contract Data Management Solution for Financial Services Industry Thomson Reuters has teamed up with Logical Construct to help global financial institutions gain visibility into the key legal and economic terms and risks ...
Oil prices stable as strong Chinese demand eases concern of ongoing glut
July 13th, 2017
Oil prices were stable on Thursday as strong demand from China eased concerns of an ongoing fuel glut. Brent crude futures were at $47.75 per barrel at 0357 GMT, up 1 cent from their last close. West Texas Intermediate ...
The Pound to Euro Rate Could Now go Down to 1.10
July 13th, 2017
Pound Sterling was seen staging an impressive recovery against the Euro but what will it take to turn us bullish on the currency’s prospects? Over the course of the past 24 hours Pound Sterling has fallen through a significant ...
Google hires numerous law firms to fight EU fines
July 11th, 2017
Google is surrounding itself with some of the top law firms in Europe in the wake of its record-breaking €2.4 billion ‘illegal’ anti-trust ruling fine and the threat of more penalities on the horizon. Google is taking no chances ...
Why free trade and open markets in financial services matter; Andrew Bailey, FCA Chief Executive
July 11th, 2017
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has released a speech by Andrew Bailey, Chief Executive of the FCA, at Reuters Newsmaker event. According the release: Note: this ...
OECD: Strong progress seen on international tax transparency
July 4th, 2017
Tax evasion continues to challenge governments in developing and developed countries alike, depriving them of resources that would otherwise be available to support sustainable development through investments in infrastructure, health and other common goods. While globalisation has brought many ...
Oil prices retreated in Asian trade on Tuesday; Will Oil price move up or down?
July 4th, 2017
Oil prices retreated in Asian trade on Tuesday, halting a run of eight straight days of gains on signs that a persistent rise in U.S. crude production is running out of steam. Brent crude futures had fallen 28 cents, ...
The dollar extended its losses
June 30th, 2017
Dollar despairs on hawkish central banks, Asia stocks join global slump The dollar extended its losses on Friday as major central banks signalled that the era of cheap money was coming to an end in a boon to sterling, ...
Ethereum jumps the most among the larger capitalized cryptos in the last 24-hours
June 29th, 2017
Ethereum’s price swings high and low. Today, the number two crypto is up big time after falling hard in the prior 24-hour period. Ethereum posted the biggest gain among the larger capitalized cryptos in the last 24-hour period, jumping ...