Archives
West TX Oil Drops to $91.30 after Russia Sanctions
September 15th, 2014
Brent crude slumped to a more than two-year low under $97 per barrel on Monday as a slew of lackluster economic data from China, the world’s top energy consumer, cast a shadow on the outlook for oil demand amid ...
China and India’s growing strategic weight
September 15th, 2014
The visit of Chinese President Xi Jinping to India this week, so early in the term of India’s new prime minister, Narendra Modi, underlines the growing strategic weight of the relationship between the two countries. Modi’s prime ministership, with ...
SABMiller rebuffed by Heineken
September 15th, 2014
SABMiller has considered a possible combination with rival beer maker Heineken, in a deal that would have brought together two of Europe’s biggest brewers and helped it fend off a takeover bid from rival AB InBev. Dutch-listed Heineken has ...
UK bank adviser pay catching up with traders
September 15th, 2014
Senior advisory bankers’ pay in London has risen almost on to a par with traditionally higher-earning traders, underlining the shifting fortunes of these distinct businesses within investment banks. By contrast, senior traders have suffered an average 13 per cent ...
China anxiety over Asian stocks, Aussie dollar hit
September 15th, 2014
Asian stocks skidded to five-week lows on Monday, giving European markets a negative lead after a batch of weak data out of China raised the spectre of a sharp slowdown in the world’s second-biggest economy. “As if traders didn’t ...
Sinopec to sell $17.4 billion stake to investors
September 15th, 2014
Shares in China Petroleum & Chemical Corporation, known as Sinopec, fell on Monday morning as markets reacted to the company’s plans to raise $17.4 billion by selling a stake in its nationwide chain of gas stations to outside investors. ...
OSB Daily Technical Analysis- Indices
September 15th, 2014
OSB Daily Technical Analysis for September 15, 2014 S&P 500 consolidation on Friday closing essentially unchanged from Thursday’s session. Market is bullish and looks to be consolidating at these levels and possibly preparing for the next up leg above ...
OSB Daily Technical Analysis – Commodities
September 15th, 2014
OSB Daily Technical Analysis for September 15, 2014 Gold December 14 Gold dipped below $1230 on Friday only to turn back and close just above. Gold is bearish and all signs suggest lower prices and increased volatility as we ...
Celebrity business leaders using their name to crowd funding websites
September 15th, 2014
The outspoken private equity guru Jon Moulton claims today that the celebrity business leaders may be using crowd funding websites to exploit retail investors. He points out the example of easyJet founder Sir Stelios Haji-Ioannou, as a name using ...
OSB Daily Technical Analysis – Currency pairs
September 15th, 2014
OSB Daily Technical Analysis for September 15, 2014 EUR/USD consolidation day on Friday closing below 1.2965 resistance after finding support at the 1.29 level. Action suggests downside may be limited from here and a further corrective bounce towards the ...
