Archives
Tuesday September 30: OSB Daily Technical Analysis- Indices
September 30th, 2014
OSB Daily Technical Analysis for September 30, 2014 S&P 500 Close below the 50 DMA for the S&P 500 on Monday. Down move found support at the 1955 level. Correction likely to be short lived with bias to the upside. ...
Walmart appoints Instagram founder Kevin Systrom to its board
September 30th, 2014
The world’s largest retailer has come over more Walden than Walmart, after it appointed Instagram founder and chief executive Kevin Systrom to its board. The US-based supermarket, which owns Asda, said Systrom’s “digital expertise will be invaluable” – so ...
Tuesday September 30: OSB Daily Technical Analysis- Commodities
September 30th, 2014
OSB Daily Technical Analysis for September 30, 2014 Gold consolidation at the $1215 area where it is forming a base. Likely to trade within a tight range $1215-$1225 while it looks for further direction. Somewhat downside biased at the moment. ...
Tuesday September 30: OSB Daily Technical Analysis- Currency pairs
September 30th, 2014
OSB Daily Technical Analysis for September 30, 2014 EUR/USD consolidation day forming a shooting star candle and likely preparing for the next leg down. Slightly oversold at these levels and some possible sideways action and bounce. Support at 1.266. Bearish. EUR/GBP well supported at ...
AIG Trial Begins for the Case of Hank Greenberg
September 30th, 2014
The case of Starr International Co. Inc. v. United States is about the legality of Washington’s move to stave off AIG’s bankruptcy in exchange for about 80 percent of common stock. Through Starr, Greenberg still owned about 11 percent ...
Asian markets drop on weak Japan factory data
September 30th, 2014
Japan’s benchmark Nikkei 225 Index is trading 1.5% lower after data showed the country’s industrial output unexpectedly fell. Manufacturing output fell 1.5% in August from a month earlier. Economists had estimated a 0.2% gain. South Korea also posted a ...
Russian Energy Influence on Europe
September 30th, 2014
With the Ukrainian conflict unresolved and winter in sight, the EU will not only have the grand task of preparing the continent for the possibility of energy shortages, but also to define its long-term energy goals. Most East European ...
CSSF warning against unauthorised firm and domain
September 29th, 2014
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the website www.lfcota.org of the allegedly named “Luxembourg Futures Commodities Options Trading Authority”, which purports to be Luxembourg’s regulatory authority for futures and options markets. Such an ...
FCA warning against unauthorised firms
September 29th, 2014
The Financial Conduct Authority (FCA), the British financial regulator, has issued a warning informing investors that the firm “Barclay Lewis” (www.barclaylewis.com) and “SMS Fast Cash” (www.smsfastcash.com, www.sms-fastcash.net, www.sms-fast-cash.com) are not permitted to provide any financial services or products. FCA warns that these ...
Mauritius shares tax data directly
September 29th, 2014
Mauritius has confirmed that it will implement the Common Reporting Standard for automatic exchange of tax information between territories, based on the standards drawn up by the Organization for Economic Co-operation and Development (OECD). The announcement comes after Mauritius ...
