Archives
Mario Draghi urges governments to help fight deflation
October 10th, 2014
Mario Draghi is determined to tackle low inflation in the Eurozone, and has called upon governments to also play their part in the fight against possible deflation. The president of the European Central Bank (ECB) today announced a new ...
Friday October 10: OSB Daily Technical Analysis- Indices
October 10th, 2014
OSB Daily Technical Analysis for October 10, 2014 S&P 500 sold off on Thursday finding support at the 1920 area. Further support below at 1900 is significant and break below suggests bears might be taking control of the market. ...
More pressure for Australian dollar after rollercoaster 24 hours
October 10th, 2014
The Australian dollar came under renewed pressure on Friday after a relatively stable week during which it settled into a new comfort zone between US86.50¢ and US88.50¢. Late in the local session, the Aussie was trading at US87.71¢, compared ...
Friday October 10: OSB Daily Technical Analysis- Commodities
October 10th, 2014
OSB Daily Technical Analysis for October 10, 2014 Gold rallied intraday on Thursday and managed to get back above the 20 DMA. The bounce is rather natural following recent test of support below at $1200. Resistance above in the ...
Friday October 10: OSB Daily Technical Analysis- Currency pairs
October 10th, 2014
OSB Daily Technical Analysis for October 10, 2014 EUR/USD rally faltered and failed to remain above the 20 DMA finding the 1.28 resistance too strong. The sell off and subsequent low suggest that the pair remains very much in ...
Amazon could be opening physical store
October 10th, 2014
Amazon is entering a brave new world. In an unusual move for an online company, the retail powerhouse is reportedly setting up a shop. That’s right – a real, physical store that sits on the street and has its ...
Deloitte appoints new head of tax for Midlands
October 10th, 2014
Business advisory firm Deloitte has promoted Darren Stephens to head of tax in the Midlands. Mr Stephens, who has been with the firm for 23 years, is now responsible for a team of more than 200 tax professionals, including ...
Apple given time to block info in GT bankruptcy case
October 10th, 2014
Apple Inc (AAPL.O) will have at least three days to review and potentially move to bar any information about its relationship with GT Advanced Technologies Inc (GTAT.O) that may arise during the latter’s bankruptcy hearings, the court said in ...
Hong Kong protests about economics as much as democracy
October 10th, 2014
For years, Beijing has feared colour revolutions. Now, it has one on Chinese soil. The Occupy Central movement has morphed into the Umbrella Revolution. Tens of thousands of Hong Kong citizens, including students as young as 13, have taken ...
Ex-wife of Glock founder sues him over millions
October 10th, 2014
Lawsuit accuses gun maker of conspiring to cheat her out of money she is owed. After working decades to build a wildly successful firearms company, Gaston Glock conspired with associates to push out his ex-wife and business partner of ...
