Archives
Wednesday November 26: OSB Daily Technical Analysis – Commodities
November 26th, 2014
OSB Daily Technical Analysis for November 26, 2014 Gold having difficulty to hold above $1200 mark and close below suggests the market might be ready to start heading lower again. Support below at $1180-85 needs to be broken ...
Wednesday November 26: OSB Daily Technical Analysis – Currency pairs
November 26th, 2014
OSB Daily Technical Analysis for November 26, 2014 Continuation of bounce back from the 1.2360 low with the 1.2510 area (20 DMA) the next resistance to upside push. A close above extends to the 1.2560-80 area. Support below in ...
EU’s Juncker Launches Infrastructure Investment Plan
November 26th, 2014
New European Commission President Jean-Claude Juncker launched a plan aimed at enticing pension funds, insurance companies and other major investors to finance cross-border European infrastructure projects. The plan to boost lackluster investment in the bloc is one of the ...
Spanish regulator warns against unauthorised firm through MFSA
November 26th, 2014
The Malta Financial Services Authority (MFSA), has released a warning from the Spanish Comisión Nacional del Mercado de Valores (CNMV) warning the public that: MILLARD EQUITY, S.A. Centro de Negocios Puerta de Banús. Módulo A. Oficina 1 y 2 29660 Nueva Andalucía. ...
New Chair of Financial Markets Authority
November 26th, 2014
Commerce and Consumer Affairs Minister Paul Goldsmith today announced the appointment of Murray Jack as the new chair of the Financial Markets Authority (FMA). “I am very pleased that Mr Jack has agreed to take on this crucial role,” ...
ASIC takes civil action against Make It Mine
November 26th, 2014
ASIC has started legal action against Make It Mine Pty Ltd (MIM), seeking financial penalties against the company for breaching consumer credit laws, including the responsible lending obligations. ASIC’s civil penalty proceedings, filed in the Federal Court of Australia ...
Mr. Yen Sees Drop He Forecast Nearing End on Economy
November 26th, 2014
The 14 percent plunge in Japan’s currency since mid-year has about run its course, according to the former Ministry of Finance official known as “Mr. Yen.” Eisuke Sakakibara, who got his nickname in the 1990s for his influence over the exchange ...
U.K. Stocks Rise as Miners Gain Offsetting Travel Decline
November 26th, 2014
U.K. stocks advanced for a second day as BHP Billiton Ltd. and Antofagasta Plc led commodity stocks higher. BHP and Antofagasta climbed at least 1.6 percent as mining stocks rebounded from a two-day drop, for the best performance among 19 ...
SEC Charges HSBC’s Swiss Private Banking Unit With Providing Unregistered Services to U.S. Clients
November 26th, 2014
The Securities and Exchange Commission today charged HSBC’s Swiss-based private banking arm with violating federal securities laws by failing to register with the SEC before providing cross-border brokerage and investment advisory services to U.S. clients. HSBC Private Bank (Suisse) ...
VW Drives for Gains in Southern China
November 26th, 2014
Volkswagen AG is taking market share from other foreign auto makers in relatively wealthy southern China, as a slowdown in the world’s No. 1 car market intensifies competition. Southern China—the first part of the country to get rich after Beijing ...
