Archives
IRS Warns Banks Of FATCA-Linked Identify Theft Attempts
September 26th, 2014
The Internal Revenue Service issued that it does not require foreign financial companies and institutions to provide information on account holders by phone, fax, or email under the Foreign Account Tax Compliance Act. The statement comes after the emergence ...
Yahoo must take essential decision once again
September 26th, 2014
Yahoo, more than any other investor, should have benefited from the public market debut last week of Alibaba, the Chinese e-commerce giant. The company sold Alibaba shares worth $6 billion after taxes, and its remaining stake is valued at ...
OANDA partners with Australian CFD Forum
September 26th, 2014
OANDA, a global provider of innovative foreign exchange FX and contract for difference (CFD) trading services , has officially joined the Australian CFD Forum, an industry body that is committed to enhancing the efficient operation, transparency, and overall investor ...
Another fall for German consumer confidence
September 26th, 2014
Consumer confidence in Germany is fading, weighed down by concerns about the economic fallout from geopolitical crises, a new poll found on Friday. “In the eyes of consumers, ongoing geopolitical tensions are now also threatening to affect the economy ...
China uncovers $10bn fake trading of finance companies
September 26th, 2014
China has uncovered $10bn (£6.1bn) worth of fake trades as part of a nationwide crackdown on finance companies. The currency regulator said 15 fraud cases had been handed over to the police for prosecution. Companies sometimes falsify transactions as ...
Share trading flat after Wall Street sell-off
September 26th, 2014
U.S. shares trading was near the flat line Friday after Wall Street suffered its worst slide in nearly two months Thursday. The Dow closed down 264.26 points, 1.5%, to end below 17,000 at 16,945.80. Throughout most of the day, ...
Russian lawmaker drafts bill on Foreign-Asset Freeze
September 26th, 2014
A member of Russia’s ruling party proposed a law that would allow the seizure of foreign states’ assets in the country after the U.S. and its allies targeted President Vladimir Putin’s inner circle including a childhood friend with asset ...
OSB Daily Technical Analysis- Commodities
September 26th, 2014
OSB Daily Technical Analysis for September 26, 2014 Gold New intraday low for DEC 14 Gold at 1206. Gold is looking to form a base just above $1200 but ultimately is likely to break below and head lower in the ...
OSB Daily Technical Analysis- Indices
September 26th, 2014
OSB Daily Technical Analysis for September 26, 2014 S&P 500 DEC 14 S&P sold off and sliced through the 20 and 50 DMA’s to close at 1961. Support below at 1950. Knee jerk reaction needs to be watched vigilantly. ...
OSB Daily Technical Analysis- Currency pairs
September 26th, 2014
OSB Daily Technical Analysis for September 26, 2014 EUR/USD sell off continued. Price dip below 1.2700 briefly touching two year lows. Ultra bearish for the pair. A close below this level extends price to support 1.26950-60. Downside momentum picking up. EUR/GBP broke below ...
