Archives
Yen Strengthens on Kuroda Comments as Energy Stocks Slip
November 25th, 2014
Japan’s yen climbed after a speech by central bank Governor Haruhiko Kuroda, and the cost of insuring Japanese debt against default fell the most in two weeks. Asian energy producers retreated as oil held declines before a meeting of ...
Technical Analysis: Indices – Nov 25
November 25th, 2014
Technical Analysis for November 25, 2014 SPX has break over 2070 next target will be 2100 but a lower leg to 2040 will send SPX back into the 2030-2050 trading range. A lower leg under 2030 will target 2025 ...
Technical Analysis: Commodities– Nov 25
November 25th, 2014
Technical Analysis for November 25, 2014 XAU/USD (GOLD) has broken 1205 line and will start to target 1240 next. XAU/USD still stuck in sideways around 1180-1205 level for now. A lower leg under 1175 will target 1150 next. No ...
Technical Analysis: Currency pairs – Nov 25
November 25th, 2014
Technical Analysis for November 25, 2014 EUR/USD tried to break under 1.235 but stopped at 1.236. Currently EUR/USD has rebounce to 1.244 level and trying to touch 1.25 again. If it breaks 1.25 then it will target 1.26 next ...
China cuts key short-term money rate as Beijing pushes down cash costs
November 25th, 2014
China’s central bank lowered the yield for a key short-term money rate on Tuesday, the fourth time it has done so this year, as regulators step up efforts to reduce funding pressure for Chinese companies. The reduction, announced on ...
CySec: acquisition of CIF (Cyprus Investment Firms) licence
November 24th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that “MAXIFLEX GLOBAL INVESTMENTS CORP LTD.” has successfully obtained the CySec licence for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally ...
Ruble Jumps on Rising Oil Prices and Stimulus Hopes
November 24th, 2014
The ruble rose sharply on Monday, lifted by Russian exporters buying to meet tax payments and as oil prices stabilised at around $80 a barrel. At 1356 GMT, the ruble was around 1.7 percent stronger against the dollar at ...
1.8 billion financing deal for one of the largest redevelopment projects in prime Central London
November 24th, 2014
The National Bank of Abu Dhabi and Abu Dhabi Financial Group (ADFG), an alternative investment firm primarily focused on financial services and real estate and based in Abu Dhabi, have announced the completion of an AED 1.8 billion (GBP ...
Supervisory Authorities issued warnings on unauthorised companies
November 24th, 2014
The Central Bank of Ireland, the Italian financial market regulator CONSOB and the Bulgarian Financial Supervision Commission reported that: 1) Phoenix Financial Services (USA) and Miyako Mergers & Acquisitions (Japan) are not authorised by the Central Bank of Ireland as ...
ESMA approves Moody’s Investors Service EMEA Limited as a credit rating agency
November 24th, 2014
The European Securities and Markets Authority (ESMA) has approved the registration of Moody’s Investors Service EMEA Limited, based in the UK, as a credit rating agency (CRA) under Article 16 of the CRA Regulation. The registration takes effect from 24th November ...
