Economics

Was the Bank of England Complacent over Forex Rates?

March 27, 2014
Forex

The Bank of England has been criticized for its complacency regarding forex rate fixing. Members of Parliament have raised concerns that the bank failed to promptly look into allegations that market transactions were being rigged as far back as 2006. According to a report published in the Financial Times, the Treasury Select Committee has spoken […]

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The Pros and Cons of Fracking for Oil

February 3, 2014
Pros and Cons of Fracking

We have all heard of the oil boom in North Dakota.  For the past few years oil specialists have been utilizing a relatively new method of extracting oil from underground called fracking (which is short for hydraulic fracturing).  Until recently there was no way to get at these vast quantities of oil deep beneath the […]

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Current State of Labor Market in Florida

January 30, 2014
labor market

Despite the fact that unemployment rate in Florida is steadily getting lower month after month – now it is just 6.4% judging by the data from November 2013 (as compared to 8% in November 2012), finding a good job can still be a problem. Taking into account recent economic recession, it is only logical that […]

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Value At Risk Models And The Volcker Rule

January 21, 2014
Volcker rule

The repeal of Glass-Steagall in 1999 opened the floodgates for what is sometimes referred to as the “new science of risk management.” Value-at-risk models, or VaR, describe measures financial institutions use to determine potential loses in a given time period. Risk managers give traders an upper limit they can possibly lose on a particular endeavor […]

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Market Reaction to US Job Numbers

December 13, 2013

Markets around the world are often influenced by key economic events. These events include employment figures. Employment data can be correlated with economic performance, feeding into key economic factors such as production and consumption. This in turn impacts market activity across a range of product sets. From gold trading right through to FX pair value […]

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What Causes the Rise and Fall of Gas Prices?

July 19, 2013
Gas Prices

I set a lot of goals for myself when I was younger and one of them was to purchase a car the moment I turned 16 with a drivers license in hand. While I was lucky enough for my parents to cover the insurance, as I was still on their policy, they made me pay […]

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How Does the Increase in Student Loan Rates Affect You?

July 8, 2013
Student Loan Interest

You have probably seen the news lately about how the student interest loan rate doubled at the beginning of the month.  With all the coverage, there is bound to be some misinformation, and before panicking, make sure you understand just how it will affect you.  Politicians and the media like to play things up for […]

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