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Monday December 1: OSB Daily Technical Analysis – Commodities

December 1st, 2014 (0)
OSB Daily Technical Analysis for December 1, 2014 Gold broke down on Friday finding support in the $1165 area. Gold market is currently very noisy and volatile taking into consideration the Swiss referendum and the US$ strength. Market likely ...

Commodities Retreat to Five-Year Low as Oil Tumbles With Bullion

December 1st, 2014 (0)
Commodities fell to the lowest in five years as oil sank on prospects for a glut, gold fell after Swiss voters rejected a move to force the central bank to buy bullion and data from China confirmed a slowdown ...

Monday December 1: OSB Daily Technical Analysis – Currency pairs

December 1st, 2014 (0)
OSB Daily Technical Analysis for December 1, 2014 Market finding the 1.25 handle too resistive suggesting weakness and lack of bullish momentum. A clean close above needed for the pair to have any hope of seeing any buying interest ...

Cyprus Airways through the eyes of potential investors

November 28th, 2014 (0)
The sale process of Cyprus Airways (CAIR) has been put on hold waiting for the results of the European Commission investigation on the legality of the aid package of EUR 103m, which was provided by the Cyprus government to ...

New Facebook Rules Will Sting Entrepreneurs

November 28th, 2014 (0)
Chrisy Bossie built a $100,000-a-year gemstone e-commerce business by sharing information about her products on her company’s Facebook page several times a week. “Steals in the Shop! I have a TON of new 36-inch-long necklaces, most priced at $15, available in ...

India: Government plans to cut stake in state lenders to raise $14.4 billion

November 28th, 2014 (0)
The government plans to raise about 891.2 billion rupees ($14.4 billion) by reducing its stakes in state-run banks to 52 percent, the junior finance minister said on Friday, sending shares of state lenders higher. The government holds stakes ranging ...

Friday November 28: OSB Daily Technical Analysis – Indices

November 28th, 2014 (0)
OSB Daily Technical Analysis for November 28, 2014 The S&P 500 was closed on the Thursday due to Thanksgiving. Friday trading is half day. The Dow Jones was closed on the Thursday due to Thanksgiving. Friday trading is half ...

Friday November 28: OSB Daily Technical Analysis – Commodities

November 28th, 2014 (0)
OSB Daily Technical Analysis for November 28, 2014 Light trading session on the day with Gold closing slightly lower on the day breaking below the $1190 handle on the day. Gold looks ready to go lower and is likely ...

Friday November 28: OSB Daily Technical Analysis – Currency pairs

November 28th, 2014 (0)
OSB Daily Technical Analysis for November 28, 2014 Strong resistance in the 1.2520 area pushed EURUSD lower on the day. Limited upside potential for the pair which is rather berish on all time frames. Range bound action with a ...

Goldman, BASF, HSBC accused of metals price fixing: U.S. lawsuit

November 28th, 2014 (0)
Goldman Sachs Group Inc (GS.N), Germany’s BASF(BASFn.DE) and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff’s law firm called the first nationwide class action over alleged price-fixing of the metals. In a ...
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