Sharp movements in the British pound shortly before the release of U.K. economic data have dissipated since the government curtailed officials’ access to nonpublic information, according to a new academic study.
In early 2017, The Wall Street Journal reported on a pattern of unusual movements in the pound and U.K. government bond futures in the minutes or hours before the release of sensitive economic reports. The phenomenon, shown in an analysis by Alexander Kurov, a finance professor at West Virginia University, suggested...
Gee I wonder why? Could some of the officials have given tips to friends that just like to give them money or stuff.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market investing strategy of fund managers who beat 97% of peers - Business InsiderA pair of fund managers beat 97% of their peers this year without picking a single stock. They gave us a peek into their unique strategy, and explained how they profit even during sell-offs. I like the progress
Source: BusinessInsider - 🏆 729. / 51 Read more »
'It's a complete mess': Energy market in flux ahead of a global shipping revolution, analysts warnOn January 1, 2020, stricter fuel standards designed to significantly curb pollution produced by the world's ships will come into force.
Source: CNBC - 🏆 12. / 72 Read more »
14 Fashion Insiders on the Best Strapless Bras on the Market\u201cTo be honest, my favorite strapless bra is no bra, however, when I absolutely have to wear one my go-to is the Commando Bandaeu Bra. It has been a lifesaver one too many times for me. It's the perfect combination of comfort and functional. I actually have three of the same one!\u201d Adrienne Faurote, Powers PR
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
Next market crash: Why stocks are at risk of correction early in 2020 - Business Insider'Sentiment is too darn high': A Wall Street equity chief crying foul on the stock market's melt-up lays out the evidence that a plunge is on the horizon The plunge:
Source: BusinessInsider - 🏆 729. / 51 Read more »
Where wealthy Americans think the market and US economy will be at end of 2020Many American millionaires think the US economy and stocks will continue up in 2020, but after a decade without a recession, more of the wealthy expect weakness. down 3%
Source: CNBC - 🏆 12. / 72 Read more »
Goldman sees one of its portfolios for clients tripling the return of the market next yearThe bank is recommending clients stocks with high Sharpe ratios, a measure of a stock's performance relative to its volatility. Every billionaire created also creates thousands of homeless Americans
Source: CNBC - 🏆 12. / 72 Read more »