Archives
Asian shares wary before Obama speech, dollar soars vs yen
September 11th, 2014
Asian share market sentiment was cautious on Thursday after U.S. President Barack Obama vowed to fight Islamic State militants, while the dollar pushed to fresh six-year highs against the yen. Chinese inflation data pointing to an economy losing momentum ...
Coinbase Extends Bitcoin Access to International Customers
September 11th, 2014
Coinbase is taking its Bitcoin services to Europe in a move that could help expand the virtual currency’s reach. The company, one of the most popular digital wallet providers, said on Wednesday that it was expanding to 13 European ...
OSB Daily Technical Analysis – Indices
September 11th, 2014
OSB Daily Technical Analysis for September 11, 2014 S&P 500 tested the 20 MA and close at slightly higher on Wednesday. This market has strong support around the 1985-90 level. This downswing does not appear to have legs and ...
S&P 500 Short-Term Contracts See Trading Volume Jump
September 11th, 2014
In a market where stock volume is evaporating, volume in short-term options is surging. A daily average of 309,000 contracts on the Standard & Poor’s 500 Index (SPX) that expire weekly have changed hands in the first four days ...
OSB Daily Technical Analysis – Commodities
September 11th, 2014
OSB Daily Technical Analysis for September 11, 2014 Gold Another down day for Dec 14 Gold with a close above $1245. Gold is now at the bottom of its recent trading range and is likely to bounce around in ...
China’s Tianhe denies overstating profits, cites investor support
September 11th, 2014
Tianhe Chemicals (1619.HK) has denied allegations that it made false statements in its initial public offering prospectus and said key investor Morgan Stanley Private Equity Asia (MSPEA) has given it full support. A report by Anonymous Analytics, which describes ...
OSB Daily Technical Analysis – Currency pairs
September 11th, 2014
OSB Daily Technical Analysis for September 11, 2014 EUR/USD Mixed day for the EURUSD as it hovers around the 1.29 handle remaining within its recent range of support at 1.2850 and resistance at 1.2965. Consolidation and some range bound ...
RBS confirms plan to move to England in case of Scottish Yes
September 11th, 2014
The Royal Bank of Scotland (RBS) has confirmed that it will re-domicile to England if the Scots vote to abandon the United Kingdom on 18 September. In a statement issued this morning RBS said: RBS has undertaken contingency planning ...
France to miss deficit target
September 11th, 2014
France’s finance minister Michel Sapin has said the country will not achieve a 3% EU budget deficit target. France’s budget deficit will be around 4.4% of GDP in 2014, drop to 4.3% next year, and will not go below ...
BRICS, banking on development
September 11th, 2014
The creation of the BRICS New Development Bank (NDB) to finance infrastructure and sustainable development projects in emerging economies is a landmark achievement. Developing nations have lost faith in the current system with its strict conditions on development finance ...
