Archives
Technical Analysis Australia 200 – Continues to Retreat Under 5500
July 10th, 2014
Technical Analysis Australia 200 for Thursday, July 10, 2014 The question of whether or not the Australia 200 Index be able to maintain its break through the key resistance level at 5500 was answered a couple of days ago ...
Fed, Confident in Economy, Details End of Bond-Buying Program
July 10th, 2014
The Federal Reserve said on Wednesday that it planned to stop adding to its bond holdings in October, in a sign of its confidence that the economy is gaining strength even as the central bank gradually withdraws its support. ...
IBM to bet $3 billion over five years hoping for breakthrough in chips
July 10th, 2014
IBM announced on Wednesday it will invest $3 billion over the next five years in chip research and development in hopes of finding a game-changing breakthrough that can help revive its slumping hardware unit. IBM announced the plan a ...
Holder won’t meet with BofA CEO as mortgage talks stall
July 10th, 2014
Attorney General Eric Holder has formally refused to meet with Bank of America Corp Chief Executive Brian Moynihan to hammer out a multibillion-dollar deal, as talks to resolve probes into shoddy mortgage securities sold by the bank and its ...
Banks face intensified sanctions probes in U.S.
July 10th, 2014
Following BNP Paribas’ record $8.9 billion in penalties for violating U.S. economic sanctions, federal and state authorities are intensifying investigations of other foreign banks over signs of similar infractions. At least six banks in Germany, France, Italy or Japan ...
Technical Analysis AUD/USD – Runs Into Resistance at 0.9425 Again
July 10th, 2014
Technical Analysis AUD/USD for Thursday, July 10, 2014 The Australian dollar has started this week well slowly edging higher and regaining some of the lost ground from late last week which saw it drop two a two week low ...
BNP pleads guilty for second time in $9 billion U.S. sanctions accord
July 10th, 2014
BNP Paribas, for the second time in nine days, pleaded guilty on Wednesday to conspiring to violate U.S. sanctions, as part of a nearly $9 billion settlement in which the French bank admitted to breaking embargoes against Sudan, Cuba ...
CySec warns against unauthorised internet domain
July 9th, 2014
The Cyprus Securities and Exchange Commission (CySec) wishes to inform the investors that the entity which operates the domain (https://www.eurobondfx.com): 1. Is not permitted to provide investment and ancillary services in the Republic, pursuant to Investment Services and Activities ...
Apple loses China patent case, separate suit against Apple continues
July 9th, 2014
A Beijing court has ruled against Apple Inc by upholding the validity of a patent held by a Chinese company, clearing the way for the Chinese company to continue its own case against Apple for infringing intellectual property rights. ...
Shale boom confounds forecasts as U.S. set to pass Russia, Saudi Arabia
July 9th, 2014
Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world’s largest producer of crude oil, most analysts agree. When that happens and by how much, though, has produced disparate ...
