Archives
Dollar Climbs With European Stocks as Treasuries Decline
November 19th, 2014
The dollar strengthened to a seven-year high against the yen before the Federal Reserve releases minutes of its last meeting, when it ended a bond-buying program. Treasuries and German bunds declined while stocks rose in Europe and the pound gained. The U.S. currency ...
BoE split 7-2 over interest rates; Royal Mail shares dive 8%
November 19th, 2014
Latest Update at 15:04 US markets have opened and ahead of the latest Federal Reserve minutes, due to be released later, they have got off to a downbeat start. After Tuesday’s new record – yes, yet another one – ...
FX: More scandals … less trust (Video)
November 19th, 2014
The reputation of international banking is under scrutiny once again over another scandal, this time in the foreign currency trading sector. Global regulators have fined major banks in Europe and the US, for foreign exchange market manipulation. The massive fines are not ...
Blackstone chases Buffett with ‘core’ private equity
November 19th, 2014
Blackstone Group LP has reached out to its biggest fund investors about investing in a new investment vehicle with a longer investment horizon than the typical 10-year private equity fund, according to people familiar with the matter. Dubbed “core” ...
Wednesday November 19: OSB Daily Technical Analysis – Indices
November 19th, 2014
OSB Daily Technical Analysis for November 19, 2014 Positive day with a break above the key 2050 level foe the S&P bringing gains in the last month close to 9%. Strongly bullish market likely to continue making new ...
Wednesday November 19: OSB Daily Technical Analysis – Commodities
November 19th, 2014
OSB Daily Technical Analysis for November 19, 2014 Gold rallied breaking through the $1200 barrier where strong resistance pushed price back down. Resistance at this level significant with Gold likely to retest area. A close above extends to $1215. ...
Wednesday November 19: OSB Daily Technical Analysis – Currency pairs
November 19th, 2014
OSB Daily Technical Analysis for November 19, 2014 Rally and close above the 1.25 handle suggesting pair looking to move higher. Key support levels just above the 1.25 area likely to be tested with some pull back expected. If ...
Japan Elections Bring Noise, White Gloves and Stock Gains
November 19th, 2014
When an election is called in Japan, this is what happens: candidates with megaphones roam streets in minivans, party leaders give speeches outside Tokyo train stations, and stocks gain until polling day. In 11 elections since 1980, the Topix ...
Japanese shares lose steam, Asian shares slip
November 19th, 2014
Japanese shares gave up early gains on Wednesday as investors booked profits after Prime Minister Shinzo Abe delayed a tax hike and said he would call a snap election to seek a fresh mandate for his economic policies. Asian ...
Fed Dual Mandates Clash as Jobless Drop Vies With Inflation
November 18th, 2014
Just when Federal Reserve Chair Janet Yellen and her colleagues will be approaching a decision to raise interest rates, their two mandates will probably be pulling them in different directions. By June 2015, the jobless rate will be very ...
