• Currency arbitrage in the precious metals market: A gold rush?

    1 month ago - By FRED

    FRED's as good as gold, and the FRED Blog has used London Bullion Market Association data to prove it. In fact, our previous post tracks gold prices and appraises the new gold bar at the St. Louis Fed. Now these gold prices are quoted in three different currencies-U.S. dollars, British pounds, and euros-which is a golden opportunity to discuss arbitrage.
    Arbitrage is the risk-free purchase and sale of an asset to profit from a difference in price across markets. Because the gold fixing price is quoted in three different currencies at once, it's possible that one could make a profit by...
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  • Employers Holdings CEO: Pricing Discipline Impacts New Business

    Employers Holdings CEO: Pricing Discipline Impacts New Business

    1 month ago - By A.M. Best

    Even with a high number of submissions, Employers Holdings Inc.'s fourth-quarter earnings were impacted by the current workers' compensation market.
    “Despite the sharp increase in new business ...
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  • In A Path-Breaking Approach; New York's Grid Operator Proposes Inclusion Of Carbon Costs In Market Prices

    1 month ago - By Forbes

    Power grid operators are tackling the tension between state-subsidized clean resources and efficient markets. NYISO says let's integrate a carbon price into the equation and then allow the market to decide.
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