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Monday July 06: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
July 6th, 2015
OSB Commodities & Equity Indices Cheat Sheet & Key Levels July 06. Gold Open 1165.20, High 1169.30, Low 1163.70, Close 1167.80, 0.37% Change. Silver Open 15.63, High 15.69…View table below
Monday July 06: OSB G10 Currency Pairs Cheat Sheet & Key Levels
July 6th, 2015
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for July 06. EURUSD Open 1.1083, High 1.1117, Low 1.1066, Close 1.1114, 0.28% Change. GRBUSD Open 1.5607, High 1.5643… View table below
Time for state energy companies in Middle East to rethink overseas strategies
July 6th, 2015
The long, hot summer is usually a quiet period in the Arabian Gulf. But this season marks some dramatic changes for Middle East state energy companies and their overseas ventures. The falling oil price creates opportunities for some, problems ...
Greece No vote: Oil prices tumble
July 6th, 2015
Oil prices fell sharply early on Monday after Greece rejected austerity measures demanded in return for bailout money and as China rolled out an unprecedented series of steps to prevent a full-blown stock market crash. The result of the ...
UAE making 2015 the year of renewable energy
July 6th, 2015
Some consider 2015 to be the year for renewable energy in the UAE. Three reasons stand out: the country’s expansion of clean-energy projects, its funding of renewable projects abroad and the fact that the Emirates has the lowest solar-energy ...
Varoufakis Resigns – Our NO is a majestic, big YES to a democratic, rational Europe!
July 6th, 2015
On the 25th of January, dignity was restored to the people of Greece. In the five months that intervened since then, we became the first government that dared raise its voice, speaking on behalf of the people, saying NO to ...
China stocks volatile after Beijing acts to avoid crash
July 6th, 2015
China stocks remained volatile on Monday, despite a series of dramatic steps by officials over the weekend designed to support markets. After opening with a gain of roughly 7%, the benchmark Shanghai Composite was trading 2.2% higher on Monday. ...
Greece debt crisis: Greek voters reject bailout offer
July 6th, 2015
Greek voters have decisively rejected the terms of an international bailout. The final result in the referendum, published by the interior ministry, was 61.3% “No”, against 38.7% who voted “Yes”. Greece‘s governing Syriza party had campaigned for a “No”, ...
Stocks, euro staggered by Greece; China rescue in doubt
July 6th, 2015
Asian stocks hit a six-month trough and the euro stumbled on Monday after a Greek vote against austerity measures endangered its future in the single currency and raised the risk of a full-blown crisis in the euro zone. A ...
Codename Citicoin: Banking giant built three internal blockchains to test Bitcoin technology
July 3rd, 2015
Citigroup, the global advisor of multi-nationals and governments, has been using its scale and reach in some surprising ways, such as conducting transactions on mobiles without bank accounts in Kenya, and developing blockchains within the bank and test-coins to ...