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Greg Medcraft of ASIC re-elected IOSCO Board Chair

October 3rd, 2014 (0)
The International Organization of Securities Commissions (IOSCO) today re-elected Mr. Greg Medcraft as Chairman of the IOSCO Board. Mr. Medcraft was re-elected at the inaugural meeting of the newly constituted Board, during the IOSCO Annual Conference in Rio de ...

Friday October 3: OSB Daily Technical Analysis- Indices

October 3rd, 2014 (0)
OSB Daily Technical Analysis for October 3, 2014 S&P 500 Volatile day for the S&P 500 which dropped to 1918 intraday. The intraday bounce and yesterday’s action suggests the recent sell-off might be over at least for now. A ...

CMC Markets launches upgraded mobile app

October 3rd, 2014 (0)
CMC Markets plc. in the UK, (www.cmcmarkets.co.uk), one of the leading providers of financial spread betting and CFD trading, has announced upgrades to its Next Generation mobile apps. The upgrade to the iPhone, iPad and Android™ apps include enhancements ...

FXCM Receives Consensus Recommendation of “Buy” from Brokerages

October 3rd, 2014 (0)
Shares of FXCM (NASDAQ:FXCM) have received a consensus recommendation of “Buy” from the eight analysts that are currently covering the company, American Banking & Market News reports. Six equities research analysts have rated the stock with a buy recommendation, ...

BP asks judge to reconsider ‘gross negligence’ ruling

October 3rd, 2014 (0)
BP Plc (BP.L) on Thursday asked a U.S. court to reconsider a September ruling that found the company “grossly negligent” for the 2010 oil spill in the Gulf of Mexico, a finding that boosted its potential liabilities by about ...

Friday October 3: OSB Daily Technical Analysis-Commodities

October 3rd, 2014 (0)
OSB Daily Technical Analysis for October 3, 2014 Gold continued to consolidate above the $1200 level yesterday with a push above the $1220 area. Bearish bias remains in Gold which is likely to grind it out at these levels ...

Friday October 3: OSB Daily Technical Analysis- Currency pairs

October 3rd, 2014 (0)
OSB Daily Technical Analysis for October 3, 2014 EUR/USD bounce back with a test of the 1.2700 significant resistance level. A close above extends to 1.2750. Support below at 1.2570 a break of which opens the market for lower ...

Bank of Japan purchases record 3.5 Trillion Yen in Treasury Bills

October 3rd, 2014 (0)
The Bank of Japan purchased a record 3.5 trillion yen ($32 billion) in treasury bills today as the central bank pushes forward with unprecedented monetary easing to reach its 2 percent inflation target. The amount exceeded the previous records ...

Obama: Economy is coming back

October 3rd, 2014 (0)
President Obama, facing Nov. 4 elections that will determine the makeup of Congress for his last two years in office, said Thursday that the once-shattered American economy is coming back, but many Americans still don’t feel the benefits. Outlining ...

Putin sees strong Russian Economy, but advisers disagree

October 3rd, 2014 (0)
Though the president depicted an open and stable economy, senior officials acknowledged slow growth and the flight of foreign investors. President Vladimir V. Putin did his best to paint a rosy picture of the Russian economy in a speech ...
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