Archives
Oil plumbs depths as OPEC refuses to blink
December 16th, 2014
A modest rebound by oil futures gave way to fresh selling Monday, clearing the way for a new round of lows after the Organization of the Petroleum Exporting Countries offered no indication it’s ready to blink and cut production. ...
Tuesday December 16: OSB Daily Technical Analysis – Indices
December 16th, 2014
OSB Daily Technical Analysis for December 16, 2014 S&P rallied in the early session on Monday however failed to hold onto its gains breaking below the 2000 level making a new monthly low. The S&P now sitting below its ...
Tuesday December 16: OSB Daily Technical Analysis – Commodities
December 16th, 2014
OSB Daily Technical Analysis for December 16, 2014 Gold sold off heavily on Monday breaking beneath the 20 and 50 DMA’s and the key $1200 level. Golds price action suggests upside is capped at the $1220-30 area for now ...
Tuesday December 16: OSB Daily Technical Analysis – Currency pairs
December 16th, 2014
OSB Daily Technical Analysis for December 16, 2014 EURUSD attempt to rally ran into resistance at 1.2485 area. Clearance of this level extends to 1.25 handle. On the downside support 1.2410-25 just beneath the 20 DMA appers to be ...
RBS and Lloyds scrape through BoE stress tests as Co-op fails
December 16th, 2014
Royal Bank of Scotland (RBS) and Lloyds Banking Group scraped through the Bank of England’s stress tests with only Co-op of the eight institutions under scrutiny failing to meet the capital requirements. Although RBS and Lloyds were deemed ‘susceptible ...
ASIC investigation leads to Interactive Brokers refunding $1.5 million to Australian customers
December 16th, 2014
Following an investigation by ASIC, Interactive Brokers LLC (IB), a US-based online brokerage firm, will refund approximately $1.5 million in fees and commission payments to its retail margin lending customers. The refunds will be made as part of an ...
ICAEW draws up plans for assurance on banks’ capital
December 16th, 2014
ICAEW is developing a framework for assurance on bank capital measures in response to increased concern over banks’ capital positions, the institute announced today. The framework is intended to provide a basis for independently examining risk-weighted assets (RWAs), one ...
FCA warning against clone firm
December 16th, 2014
The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning to alert all recipients that: Artemis Fund Managers (clone of FCA authorised firm) Address: Cassini House, 152 City Road, London EC1V 2NX Email: complaints@artemisfundmanagers.com Website: www.artemisfundmanagers.com is NOT authorised under the ...
UK Lawyers and US Lawyers in the market of private equity
December 16th, 2014
UK firms are in battle with their US counterparts to win more private equity and related work – and a report suggests ways that the UK lawyers could make greater advances. A report by Fox Rodney Search into the ...
Yen Gauge Rises to Five-Week High on Haven Bid; Rupiah Declines
December 16th, 2014
A gauge of the yen climbed to a five-week high as investors sought a haven after crude oil slumped and Russia raised interest rates. Australia’s dollar touched the lowest level in more than four years against the greenback after ...
