Archives
France wins EU approval for two-year reprieve on deficit
March 11th, 2015
European finance ministers on Tuesday approved a controversial two-year extension for France to get its deficit within the bloc’s limits, despite accusations that bigger member states are treated more leniently than smaller ones. They formally accepted assessments by the ...
CySec imposes administrative fine of €5.000 to a CIF
March 11th, 2015
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that: In its meeting held on February 09, 2015, decided to impose a total administrative fine of €5.000 to CIF TTCM Traders Trust Capital Markets ...
China Economic Data Weaker Than Expected
March 11th, 2015
Growth in China’s investment, retail sales and factory output all missed forecasts in January and February and fell to multi-year lows, leaving investors with little doubt that the economy is still losing steam and in need of further support ...
Greek technical negotiations in Brussels, but the Greek FinMin is in Paris
March 11th, 2015
Greek FinMin Y. Varoufakis unexpectedly heads to Paris, a Greek delegation is in Brussels for technical negotiations, no “Troika” or “three institutions formerly known as Troika” expected in Greece on Wednesday as had been announced Greek negotiations with its ...
Fed Likely to Remove ‘Patient’ Barrier for Rate Increase as Soon as June
March 11th, 2015
Shift at March meeting would create policy flexibility; inflation outlook key on Fed-funds increase The Federal Reserve is strongly considering removing a barrier to raising short-term interest rates as early as June by dropping its promise to be “patient” before acting. ...
Wednesday March 11: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
March 11th, 2015
OSB Commodities & Equity Indices Cheat Sheet & Key Levels, March 11. Gold Open 1165.60, High 1169.60, Low 1153.80, Close 1160.10, 0.55% Change. Silver Open 15.72, High 15.83… View table below
U.S. banks’ buybacks, dividends may be no reason for shareholder celebrations
March 11th, 2015
Big U.S. banks, including JPMorgan Chase & Co (JPM.N) and Citigroup Inc(C.N), are expected to win Federal Reserve backing on Wednesday to buy back more shares and increase their dividends in the coming year, but the approvals may be as much about the institutions’ financial ...
Wednesday March 11: OSB G10 Currency Pairs Cheat Sheet & Key Levels
March 11th, 2015
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels, March 11. EURUSD Open 1.0851, High 1.0852, Low 1.0692, Close 1.0697, -1.42% Change. GRBUSD Open 1.5127, High 1.5129… View table below
Strongest Dollar in 12 Years Sinks Stocks While Oil Slips
March 11th, 2015
The strongest dollar in nearly 12 years versus the euro and the specter of higher U.S. interest rates fueled a selloff in global equities that sent the Standard & Poor’s 500 Index down the most since Jan. 5. Oil ...
UBS Group AG has filed the request for a SESTA procedure to obtain 100% ownership in UBS AG
March 10th, 2015
Following the successful completion of the share exchange offer to acquire all issued shares of UBS AG in December 2014 , UBS Group AG has filed a request with the Commercial Court of the Canton of Zurich for a ...
