In a statement to the Kuwait Stock Exchange on Tuesday, 4 November, Commercial Bank of Kuwait (CBK) announced that it was cancelling the sale of its proposed KWD 120 ... Read More
OSB Daily Technical Analysis for November 5, 2014 S&P 500 The S&P 500 sold off on Tuesday dipping below the 2000 mark during intraday trading only to find support at ... Read More
Traders have many wise and pithy sayings which illustrate market wisdom and correct practices that might serve them well in their speculative operations in the markets. Two of those ... Read More
OSB Daily Technical Analysis for November 5, 2014 Gold tried to rally on Tuesday but found resistance at the $1775 area to strong to push through and reversed to ... Read More
OSB Daily Technical Analysis for November 5, 2014 EUR/USD broke its four day losing streak on Tuesday and managed to rally above the 1.25 handle finding resistance at the ... Read More
The Hong Kong Monetary Authority (HKMA) has designated seven banks as Primary Liquidity Providers (PLPs) for the renminbi market (RMB) in Hong Kong and announced the provision of intraday ... Read More
Australia’s labor market is weaker than previously reported, the nation’s statistics bureau said in a review released today, sending the currency lower as traders bet on an extended interest-rate ... Read More
Australia’s central bank kept interest rates at record lows for a 14th straight policy meeting on Tuesday, saying the stimulus was justified given the outlook for sub par growth ... Read More
Twenty years ago, when the Federal Reserve Open Market Committee wanted to change interest rates, it didn’t make any announcement. It just took action, and market participants observe those ... Read More
This is the big problem with fiat currency – eventually the temptation to print more of it when you are in a jam becomes too powerful to resist. In ... Read More
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