Daily Archives: 11/08/2016
Investment demand for gold jumps to all-time high
August 11th, 2016
In late trade in New York on Wednesday gold edged higher to exchange hands at $1,352 an ounce. Last week gold closed at a two-year high and year to date the metal is up 27% or nearly $300 an ounce. A new study ...
SEC Charges Former Professional Football Player With Running $10 Million Fraud
August 11th, 2016
The Securities and Exchange Commission today charged Merrill Robertson Jr., a former player for the Philadelphia Eagles, with defrauding investors, including coaches he knew from his time playing football for the Fork Union Military Academy and the University of ...
Asia mostly lower as oil retreats further; BOK keeps rates steady
August 11th, 2016
Asia markets were mostly lower on Thursday following U.S. losses, with sentiment likely driven by Wednesday’s oil price falls and anticipation of another data deluge from China on Friday. In Australia, the benchmark ASX 200 slid 35.71 points, or 0.64 percent, ...
Reserve Bank of New Zealand: Official Cash Rate reduced to 2.0 percent
August 11th, 2016
Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 2.0 percent. Global growth is below trend despite being supported by unprecedented levels of monetary stimulus. Significant ...
Tui sticks to earnings target as terror reroutes tourist flows
August 11th, 2016
Sales growth won’t meet previous target of at least 3% Occupancy, prices at RIU hotels rise on Spanish travel gains TUI AG, Europe’s largest tour operator, cut its forecast for sales growth this year in a further sign that ...
Oil prices fall on U.S. crude inventory build, record Saudi output
August 11th, 2016
Oil prices fell early on Thursday as a build in U.S. crude inventories and record Saudi Arabian production weighed on markets. U.S. West Texas Intermediate (WTI) crude futures CLc1 were trading at $41.34 per barrel at 8.32 p.m. ET, ...
A Cyprus Investment Firm agreed a settlement with the regulator of Belgium for 140.000 euros
August 11th, 2016
The Financial Services and Markets Authority (FSMA) of Belgium has issued an announcement to inform that the Cyprus regulated investment firm Rodeler Limited has agreed to settle with the Authority for the amount of euro 140.000. The agreed settlement ...
Thursday, August 11: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
August 11th, 2016
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for August 11. Gold Open 1347.00, High 1363.60, Low 1345.70, Close 1351.90, 0.39% Changed. Silver Open 19.92, High 20.52 …View table below
Thursday, August 11: OSB G10 Currency Pairs Cheat Sheet & Key Levels
August 11th, 2016
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for August 11. EURUSD Open 1.1114, High 1.1190, Low 1.1112, Close 1.1176, 0.55% Change. GPBUSD Open 1.2999 High 1.3093… View table below
