Archives
Corporate deals set to return to pre-crisis levels
October 6th, 2014
After a year that’s been awash with multi-billion dollar deals, the number and value of mergers and acquisitions looks set to return to pre-crisis levels over the coming 12 months, consulting firm EY said Monday. In its biannual Global ...
Japanese stocks, dollar shine on upbeat U.S. jobs
October 6th, 2014
The U.S. dollar held near four-year highs against a basket of currencies and Asian shares advanced on Monday, after upbeat U.S. jobs data eased concerns over slower global growth. Tokyo’s Nikkei .N225 jumped 1.3 percent, while Hong Kong shares ...
Foreign banks in Russia turn to rouble bonds
October 6th, 2014
The two biggest foreign banks in Russia have been heavily tapping the rouble bond market to replace funding from their parent companies in Europe as they rush to reduce their exposure to the country. Austria’s Raiffeisen Bank International and ...
SEC Members Urge Including Brokers in Trading Safeguards
October 6th, 2014
U.S. rules meant to guard against breakdowns in automated trading systems should be expanded to include brokerages that match orders away from regulated stock exchanges, according to two Securities and Exchange Commission members. Luis A. Aguilar and Kara M. ...
Yahoo ‘set to invest millions’ in Snapchat
October 6th, 2014
Yahoo is close to investing millions of dollars in mobile messaging service Snapchat, which may value the start-up at about $10bn (£6.2bn), reports say. Snapchat allows users to send images and videos that “disappear” seconds after being viewed. The ...
Monday October 6: OSB Daily Technical Analysis- Indices
October 6th, 2014
OSB Daily Technical Analysis for October 6, 2014 S&P 500 broke out on Friday possibly commencing a new up leg. A close above the 50 DMA at 1970 likely to confirm this and open up the way towards a ...
Russia against Bitcoin use and promotion with monetary penalties
October 6th, 2014
The Ministry of Finance of the Russian Federation has published the full version of the draft bill which, if passed in current form, would effectively ban the creation and distribution of software that allows for the use of money ...
Monday October 6: OSB Daily Technical Analysis- Commodities
October 6th, 2014
OSB Daily Technical Analysis for October 6, 2014 Gold slashed through $1200 on Friday closing at 1191.40. This opens up the Gold market for a possible move to $1275 in the near term. Some bounce around and retest of ...
Dollar Is 0.2% From 2-Year High on Policy Divergence Bets
October 6th, 2014
The dollar was about 0.2 percent from a two-year high versus the euro as U.S. job gains highlighted the divergence in monetary policy between the Federal Reserve and the European Central Bank. The euro weakened versus higher-yielding currencies as ...
Monday October 6: OSB Daily Technical Analysis- Currency pairs
October 6th, 2014
OSB Daily Technical Analysis for October 6, 2014 EUR/USD Sharp sell-off in the EURUSD dropping below the 1.25 handle briefly. A close below here extends to support at the 1.2465 range and further below at 1.2380 in the medium ...
