Search Results for: oil
Like Chinese Stocks? In Hong Kong, They’re 12% Cheaper
December 5th, 2014
The rush to pile into the world-beating stock rally in Shanghai has become so fevered that many investors are passing over identical shares that are trading more than 10 percent cheaper in Hong Kong. It’s a reminder of how froth can overwhelm ...
The Russian Central Bank Is Intervening Again To Halt A Rouble Collapse
December 4th, 2014
Traders are claiming that the Central Bank of Russia has stepped back into currency markets to halt the rouble’s slide as it continued to fall in early trading on Wednesday. Here’s the evidence — the rouble sudden reversed its ...
Thursday December 4: OSB Daily Technical Analysis – Indices
December 4th, 2014
OSB Daily Technical Analysis for December 4, 2014 The S&P rallied yet again to make a new all time high which is now very the new normal in the US market. Strongly bullish momentum likely to see the S&P ...
Enforcement Directorate probes Rs.20,000 crore hawala link in India-Iran trade, UCO Bank under scanner
December 4th, 2014
The Enforcement Directorate (ED) has begun an open enquiry under FEMA Act, in perhaps – one of the biggest hawala scam – against all those export-import (exim) companies that deals with Central Asian nations, specifically Iran and Azerbaijan. The ...
Thursday December 4: OSB Daily Technical Analysis – Commodities
December 4th, 2014
OSB Daily Technical Analysis for December 4, 2014 Positive day for Gold with a strong push towards $1220 level finding resistance beneath at $1215. Gold likely to bounce around in the general vicinity as it looks for further direction. ...
Technical Analysis: Commodities – Dec 04
December 4th, 2014
Technical Analysis for December 04, 2014 XAU/USD (GOLD) slowly grinds back higher and trade around 1210 level for now. A lower movement under 1175 will target last low around 1145 level once again and a higher movement will target ...
Fall of the Bond King: How Gross Lost Empire as Pimco Cracked
December 4th, 2014
Bill Gross, the 70-year-old king of bonds, rushed through the offices of his $2 trillion empire on a Friday morning distributing hand-written notes. He knew his reign was over. The billionaire co-founder of Pacific Investment Management Co. and its ...
Fitch: Petrobras Corruption Scandal Pressuring Credit Quality
December 3rd, 2014
Recent allegations of corruption scandals in Petroleo Brasileiro S.A.’s (Petrobras) contracting practices hold the potential to affect its credit quality to the extent it slows production growth, affects access to debt capital markets, and receives monetary penalties according to ...
Wednesday December 3: OSB Daily Technical Analysis – Commodities
December 3rd, 2014
OSB Daily Technical Analysis for December 3, 2014 Gold gave away some of Mondays gains closing just beneath the $1200 mark. Support in the $1185-$1190 area for now likely to prop up price at this level as we see ...
Technical Analysis: Commodities – Dec 03
December 3rd, 2014
Technical Analysis for December 03, 2014 XAU/USD retraced a bit movement lower from the huge reversal yesterday. Currently XAU/USD trading around 1200 level and keeps grinding lower. A lower movement under 1175 will target last low around 1145 level ...
