Archives
Thursday October 9: OSB Daily Technical Analysis- Currency pairs
October 9th, 2014
OSB Daily Technical Analysis for October 9, 2014 EUR/USD rebound in full swing heading for resistance and 20 DMA at 1.2770 area. Further resistance above at 1.28. A close back below 1.27 puts the pair back in line with ...
SFO in court for Alstom bribery case
October 9th, 2014
The Serious Fraud Office (SFO) has enlisted Three Raymond Buildings’ Simon Farrell QC and Rachel Scott for its court case against French train giant Alstom, which it accused of paying around $8m (£5m) in bribes to officials over a ...
Sanctions force another company out of Russia’s oil boom
October 9th, 2014
Western sanctions against Russia have led Royal Dutch Shell to discontinue its work with Gazprom Neft extracting shale oil from a field in Siberia. In announcing Shell’s suspension on its website, Gazprom Neft, part of the Kremlin-run gas monopoly ...
Dow scores biggest gain of 2014 on Fed minutes
October 9th, 2014
Minutes showed little change from the Fed’s previous statements. The whipsaw ride on Wall Street continued Wednesday as the Dow Jones industrial average scored its biggest gain of the year when the release of the minutes of the Federal ...
Approval of the modified market rules
October 8th, 2014
The Financial Services and Markets Authority (FSMA) has announced that the modified market rules of the regulated markets organized by Euronext NV/SA (namely Euronext Brussels and the Euronext Brussels Derivative Instruments Market) were approved on 22 September 2014 in ...
HSBC boss Alan Thomson quits and bankers mutiny over jail threat
October 8th, 2014
Top bankers are quitting the industry in protest at new rules which mean senior staff in failed banks could face jail unless they prove themselves innocent, with one HSBC boss leaving and another threatening to go yesterday. Their actions ...
US Tax Inversion Planners respond to Treasury Measures
October 8th, 2014
The non-legislative measures put forward by the Treasury Department on September 22, to deter multinationals from using corporate inversions to move their tax residence abroad and move away from the high United States tax rate, have so far produced ...
Prolonged German downturn could prompt stimulus rethink
October 8th, 2014
The last thing the faltering European economy would appear to need right now is a sudden downturn in Germany, hitherto the bloc’s pillar of strength. But a bout of German weakness may be precisely what is required to convince ...
I.M.F. Asks Rich Nations for Support
October 8th, 2014
The International Monetary Fund said that cash-rich countries needed to step up large public investments to help keep the flagging global recovery on track. The International Monetary Fund, showing heightened concern over a slowing world economy, said on Tuesday ...
Australia 200 – Trying to Rally Up From 5200
October 8th, 2014
Australia 200 for Wednesday, October 8, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
