The U.K.'s Serious Fraud Office says it is "urgently reviewing" whether it has the authority to investigate allegations of price fixing in the oil market, after unannounced inspections earlier this week by EU antitrust authorities of BP, Shell (RDS.A, RDS.B) and Statoil (STO). The SFO believes it could be the appropriate body to investigate such allegations. [View news story]
With all this going on - oil rises or falls ? Thanks
"If the inflows are hot money, we need to be careful … because they can lead to financial volatility," Philippine central bank chief Amando Tetangco says, referring to anticipated capital inflows into the country's debt and equity (EPHE) markets following two upgrades into investment grade territory (S&P and Fitch) in the last two months. Some worry the ratings agencies' moves will cause unmanageable inflows at a time when the peso has already gained 3.3% against the dollar in the past 12 months. [View news story]
EPHE on an uptrend reflecting econ data - might be the gem of the orient ...
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Hi ,, thanks for reminding - analyzing etf's = TBF or PST (shorting bonds) eyeing these right now, value here still because TLT been so popular .. take care
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The U.K.'s Serious Fraud Office says it is "urgently reviewing" whether it has the authority to investigate allegations of price fixing in the oil market, after unannounced inspections earlier this week by EU antitrust authorities of BP, Shell (RDS.A, RDS.B) and Statoil (STO). The SFO believes it could be the appropriate body to investigate such allegations. [View news story]
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"If the inflows are hot money, we need to be careful … because they can lead to financial volatility," Philippine central bank chief Amando Tetangco says, referring to anticipated capital inflows into the country's debt and equity (EPHE) markets following two upgrades into investment grade territory (S&P and Fitch) in the last two months. Some worry the ratings agencies' moves will cause unmanageable inflows at a time when the peso has already gained 3.3% against the dollar in the past 12 months. [View news story]
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