Archives
Warning issued by CONSOB for not authorised firms offering investment services
January 2nd, 2015
The supervisory authority of Italy CONSOB has issued a report warning for the following companies offering investment services without the required authorisation. the company Ftradition Ltd is not authorised to provide investment services and business in Italy in any ...
Friday December 02: OSB Daily Technical Analysis – Indices
January 2nd, 2015
OSB Daily Technical Analysis for December 02, 2014 The S&P 500 closed the final trading session of the year on a negative note despite having had a very good year characterised by a plethora of all time highs. Market ...
Oil moves higher to trim year-end losses
January 2nd, 2015
New York-traded crude-oil futures managed to recoup some losses in electronic trade early Friday, though rival Brent North Sea crude saw only a modest gain. Benchmark West Texas Intermediate crude futures for February CLG5, +0.99% improved by 58 cents, ...
Puerto Rico investors sue UBS for $4.5 million
January 2nd, 2015
Claim says UBS mismanaged a trust to keep money invested in closed-end bond funds A lawsuit brought by the purported beneficiaries of a trust is seeking more than $4.5 million as it joins the chorus of claims alleging UBS ...
Digital tax increase to take effect in Europe
January 2nd, 2015
A change in fiscal rules in the EU is raising the tax on many purchases of digital content, such as e-books. Europe’s tax showdown could be headed straight to people’s wallets. With the new year, a change in fiscal ...
Dollar Extends Rally on Fed View; Euro Slumps to Two-Year Low
January 2nd, 2015
The dollar extended gains against its major peers after posting its best year since at least 2005 amid speculation the Federal Reserve will raise interest rates this year. The euro slumped to the lowest level in more than two ...
Latest on Digital Currencies
December 31st, 2014
India’s Central Bank Could One Day Use Digital Currency, Chief Says Reserve Bank of India (RBI) governor Raghuram Rajan spoke out on bitcoin at a televised event organised by the NDTV network late last week. During the discussion, which ...
Wednesday December 31: OSB Daily Technical Analysis – Indices
December 31st, 2014
OSB Daily Technical Analysis for December 31, 2014 The S&P 500 sold off briefly on Tuesday giving up much of the gains from the previous session. Market appears to be well supported in the 2080 area with bias to ...
Wednesday December 31: OSB Daily Technical Analysis – Commodities
December 31st, 2014
OSB Daily Technical Analysis for December 31, 2014 Gold rallied on Tuesday breaking above the $1200 handle ending the session just beneath the 50 DMA. Resistance above is significant with the $1210-20 area likely to entice bears to step ...
Wednesday December 31: OSB Daily Technical Analysis – Currency pairs
December 31st, 2014
OSB Daily Technical Analysis for December 31, 2014 EURUSD made a new yearly low on Tuesday showing no signs of a bottom as of yet. Subsequent bounce found resistance at 1.2187 suggesting further pushback in the 1.22 area. Trading ...
