Archives
MegaBigPower: 2014 Was a Game Changer for Bitcoin Mining
December 30th, 2014
The bitcoin mining landscape was, perhaps, permanently shaped over the past year, as events both great and small made their marks on the industry. 2014 saw community uprisings against large hashrate contributors, growing amounts of capital flowing into the ...
Equity Market liquidity support program to be extended to 2015
December 30th, 2014
Moscow Exchange extends its Equity Market liquidity support program to 2015. Following the consultations with market participants, the Exchange will not change quote maintenance conditions in January 2015 with regard to stocks from the program list as of 1 ...
Asia to test bond record again in 2015
December 30th, 2014
Asia could set another record for international bond issues in 2015 if Chinese companies continue to borrow offshore at the same voracious pace they did this year, while bankers expect a heavy redemption schedule and larger pipelines from India ...
US city files suit against Brazil’s Petrobras for securities fraud
December 30th, 2014
The City of Providence, Rhode Island filed a class action suit against Brazil’s state-run oil company Petrobras on Wednesday in the US District Court for the Southern District of New York. The complaint alleges Petrobras engaged in a fraudulent ...
Top 10 Reasons to Abolish the Corporate Income Tax
December 30th, 2014
America’s corporate income tax rate, at 35%, is the highest in the world. A rising chorus would like to bring it more in line with foreign rates, which average around 23%. I have a better idea—abolish the tax. The ...
Rouble strengthens as Russia sells $80m in foreign reserves
December 30th, 2014
Russian currency is being hurt by falling oil prices and Western sanctions over Ukraine The rouble has strengthened sharply, reversing steep losses on Monday, with traders saying modest foreign-currency sales in a thin market were driving the Russian currency ...
FINRA Fines Pershing LLC $3 Million for Customer Protection Rule Violations and Supervisory Failures
December 30th, 2014
The Financial Industry Regulatory Authority (FINRA) announced today that it has censured and fined Pershing LLC $3 million for violating the Customer Protection Rule and for related supervisory failures. The Securities and Exchange Commission (SEC) rule creates requirements to ...
Tuesday December 30: OSB Daily Technical Analysis – Indices
December 30th, 2014
OSB Daily Technical Analysis for December 30, 2014 The S&P 500 edged higher on the first trading session making a new all time high and opening up the space for the 2100 mark which is now a question of ...
Tuesday December 30: OSB Daily Technical Analysis – Commodities
December 30th, 2014
OSB Daily Technical Analysis for December 30, 2014 Gold broke below the 20 DMA on Monday closing in on the gap from the previous session. Resistance at $1200 remains strong with much pushback in the area. On the downside ...
Tuesday December 30: OSB Daily Technical Analysis – Currency pairs
December 30th, 2014
OSB Daily Technical Analysis for December 30, 2014 EURUSD tried to rally in the early session falling short at 1.2220 resistance level only to fall back into negative territory breaking through previous low to find resistance at 1.2142. Support ...
