Archives
Yen Drops First Time in Four Days Before Elections as Won Gains
December 11th, 2014
The yen fell for the first time in four days on speculation Prime Minister Shinzo Abe’s Liberal Democratic Party will win an election this weekend and extend measures that have weakened the currency. The yen dropped versus all of its 16 ...
Wounded OPEC to feel more pain next year
December 10th, 2014
A price war has slashed the price of oil by more than 40% in six months and put U.S. gas on the path to $2 a gallon. And on Wednesday, OPEC cut its forecast for 2015 world demand growth by 6%. It blamed ...
Technical Analysis: Indices – Dec 10
December 10th, 2014
Technical Analysis for December 10, 2014 SPX reached the last lower target at 2040 level but back to 2060 level for now. A higher break to 2080 will target 2100 again. And the next lower movement will try to ...
Bank of Russia: On cancelling licences of professional securities market participant
December 10th, 2014
The Central Bank of the Russian Federation (Bank of Russia) has released a notice yesterday to inform that: On 4 December 2014, due to the revocation of the banking licence from the Moscow-based open joint-stock company Bank-T (TIN 2315126160) (hereinafter, the Company), ...
KPMG’s record breaking sales fuel more hiring
December 10th, 2014
Big Four accountant KPMG International today announced record-breaking revenues for its worldwide network of $24.82bn (£15.8bn) for the fiscal year ended 30 September – a six per cent increase year-on-year. The Americas delivered the strongest growth over the year, ...
Congress reaches deal for $1.1 trillion U.S. spending bill
December 10th, 2014
Congressional negotiators unveiled a $1.1 trillion U.S. spending bill that aims to avoid a government shutdown at midnight on Thursday and punts an immigration showdown between Republicans and President Barack Obama until February. As the funding deadline loomed, Republicans successfully negotiated ...
Asia stocks dip, somber data offsets strong U.S. job numbers
December 8th, 2014
Asian shares were mostly lower on Monday after sobering data highlighted the sluggishness of the region’s key economies and tempered the lift from much stronger-than-expected U.S. employment numbers. Spreadbetters expected a subdued start for European stocks, forecasting Britain’s FTSE .FTSE, Germany’s ...
ASIC surveillance prompts FX provider to enhance compliance procedures
December 8th, 2014
Following an ASIC surveillance, Calibre Investments Pty Ltd will implement changes to the way it offers FX services to retail clients. The move is part of ASIC’s crackdown on the FX industry which has resulted in a number of ...
Monday December 8: OSB Daily Technical Analysis – Indices
December 8th, 2014
OSB Daily Technical Analysis for December 8, 2014 The S&P broke a new high followed by a retreat which eventually saw the pair close almost at par with the previous days session. S&P remains strongly bullish with no signs ...
Monday December 8: OSB Daily Technical Analysis – Commodities
December 8th, 2014
OSB Daily Technical Analysis for December 8, 2014 Gold sold off yet again on Friday breaking below the $1200 level and the 20 and 50 DMA’s. The area remains volatile with gold likely to trade in the general vicinity ...
