Archives
CySec: acquisition of Administrative Services Providers (ASP) licence
November 18th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following firms have successfully obtained the CySec licence to operate as Administrative Services Provider (ASP): St James Management Services G.I. Ltd Consulco Limited. ...
Brent Oil Drops Before OPEC Meeting, Iran Nuclear Talks
November 18th, 2014
Brent crude dropped for a second day as investors weighed the possibility that OPEC will reduce output next week, or that talks over Iranâs nuclear program could result in an agreement. West Texas Intermediate was little changed in New ...
Japan PM to seek fresh mandate for ‘Abenomics’ with snap poll
November 18th, 2014
Japanese Prime Minister Shinzo Abe said on Tuesday that he would call an early election to seek a fresh mandate for his economic policies, and postpone an unpopular sales tax rise, a day after data showed the economy had slipped back ...
Apple Told to Pay $23.6 Million Over Pager Technology
November 18th, 2014
Apple Inc. (AAPL) was told to pay a Texas company $23.6 million after a jury found its iPhone and other devices used pager technology from the 1990s without permission. Six patents owned by Mobile Telecommunications Technologies LLC are valid and ...
Yen Drops as Abe Delays Sales Tax, Calls Early Vote; Ruble Rises
November 18th, 2014
The yen fell against the euro and touched its weakest in more than seven years against the dollar as Japanese Prime Minister Shinzo Abe called an early election and suspended a planned sales-tax increase. Japan’s currency slipped against most ...
Home Depot profit beats estimates as U.S. job market improves
November 18th, 2014
Home Depot Inc, the world’s No.1 home improvement chain, reported a better-than-expected quarterly profit as an improving job market encouraged Americans to spend more on renovations. The company reaffirmed its 2014 sales growth forecast of about 4.8 percent and ...
Tuesday November 18: OSB Daily Technical Analysis – Indices
November 18th, 2014
OSB Daily Technical Analysis for November 18, 2014 Consolidation day for the S&P 500 without much real direction. Market likely to grind away at this level as it gathers strength for a move higher. A close above recent high ...
Tuesday November 18: OSB Daily Technical Analysis – Commodities
November 18th, 2014
OSB Daily Technical Analysis for November 18, 2014 Failure to sustain upside momentum and resistance at the key $1200 area. Formation of shooting star candle suggests some indecisiveness. Likely to retest resistance above. Failure of a clean break out ...
Tuesday November 18: OSB Daily Technical Analysis – Currency pairs
November 18th, 2014
OSB Daily Technical Analysis for November 18, 2014 Attempts to close above the 20 DMA failed. Pair looking to bounce higher. Further consolidation and retesting of 1.25 area. A close above extends to 1.2635. Selling pressure continues to push ...
From Gotham City to Fidelity and Canaccord: The unfortunate tale of Quindell’s share price
November 18th, 2014
You’d be forgiven for forgetting the full detail behind the story of Quindell – here, we wrap up the last seven months of headache-inducing stories that kept the insurance outsourcer in the headlines. April 23 – Mysterious short seller Gotham ...
