Search Results for: ICE
Technical Analysis USD/JPY’s recovery remains brittle
August 13th, 2014
Technical Analysis USD/JPY for August 13, 2014 Pair’s Outlook Although the U.S. Dollar is not as lively as expected after diving to 101.53, the currency is nevertheless grinding higher. Still, there is a number of resistances that must be ...
Cayman Simplifies Customs Procedures
August 13th, 2014
The Cayman Islands is trying to speed up and simplify things for cross-border traders and thus has launched a number of initiatives to achieve it. It has announced a two percent reduction in several duties and as from September ...
Being Pro-West Doesn’t Mean Being Anti-Russian
August 13th, 2014
The recent events in Ukraine and the resulting wave of sanctions, affecting all sides of the conflict, have once again intensified the long-running disagreement in Russia between pro-West and anti-West factions. Facebook is full of passionate arguments as yesterday’s ...
Alibaba overhauls pact with Alipay parent
August 13th, 2014
The pact between Alibaba Group Holding Ltd and its payment affiliate Alipay was overhauled. This boosted the Chines e-commerce giant’s potential gain if Alipay is sold or goes public. Alibaba, which is set to go public in New York ...
SEC to examine alternative funds
August 13th, 2014
The U.S. Securities and Commission (SEC) is examining alternative mutual funds that use strategies from hedge funds. The funds are popular to both investment advisers and the public. Net new inflows to alternative funds were $27.8 billion the first ...
IRS Tried, Failed to Repair Lois Lerner Hard Drive
August 12th, 2014
U.S. Internal Revenue Service told a judge its technicians made repeated futile efforts to save data on a malfunctioning computer hard drive used by Lois Lerner, the former official at the center of a dispute between Congress and the ...
Brazil’s Petrobras Ramps Up Production of Pre-Salt Oil
August 12th, 2014
After several years of very little progress, Brazil is finally beginning to extract oil from ultra-deep water. Brazil’s economy grew at an astounding pace from 2005 to 2010, thanks to a commodity boom that sent exports of things like ...
FCA Thematic Review: Best Execution and Payment for Order Flow (‘PFOF’)
August 12th, 2014
Financial Conduct Authority (FCA) Thematic Review: Best Execution and Payment for Order Flow (‘PFOF’) FCA thematic review of best execution and Payment for Order Flow (‘PFOF’) found that many firms do not understand key elements of FCA requirements and ...
Singapore GDP Unexpectedly Expands as Outlook Improves
August 12th, 2014
Singapore’s economy unexpectedly expanded last quarter as manufacturing declined less than initially estimated amid recoveries in advanced countries. Gross domestic product rose an annualized 0.1% in the three months through June from the previous quarter, when it climbed a ...
These large-cap funds are crushing the S&P 500 this year
August 12th, 2014
Some funds are clobbering the Standard and Poor’s 500 stock index this year. The top five large-company stock funds: PIMCO StocksPLUS Long Duration fund (PSLDX), 18.1%. This fund is an anomaly, albeit a successful one. It invests in S&P ...