Archives
Japan’s Central Bank unexpectedly moves to stimulate economy
October 31st, 2014
The Bank of Japan will buy larger quantities of government debt in an effort to battle deflation. After insisting for more than a year that its aggressive monetary policy was sufficient to revive Japan’s economy and end deflation, the ...
Banque Internationale À Luxembourg Opens DIFC Branch
October 31st, 2014
Banque Internationale à Luxembourg (BIL), the oldest bank in Luxembourg, announced on October 27, 2014, that it has opened its first United Arab Emirates (UAE) branch in the Dubai International Financial Centre (DIFC). The bank said the opening of ...
FCA warning against clone firms
October 31st, 2014
The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning to alert all recipients that: 1) Sapien Capital Limited Website: http://www.sclforex.co.uk/en/ 2) PMG Forex Email: info@pmgwaihui.com, ib@pmgwaihui.com, cs@pmgwaihui.com, account@pmgwaihui, funds@pmgwaihui.com, complaint@pmgwaihui.com Website: http://www.pmgforex.com/english/ 3) Max Forex ...
Nikkei leads Asia higher after surprise BOJ move
October 31st, 2014
Japan led Asian shares higher after the Bank of Japan (BOJ) surprised markets by announcing more stimulus measures. In an unexpected decision, the BOJ eased monetary policy on worries that lower oil prices would affect consumer prices. The central ...
Russia: Court Rules Against Tycoon
October 31st, 2014
A Moscow court on Thursday ruled in favor of nationalizing a Russian billionaire’s majority stake in the oil producer Bashneft, one of the country’s largest private oil companies. Prosecutors last month placed the billionaire, Vladimir P.Yevtushenkov, the head of ...
Friday October 31: OSB Daily Technical Analysis- Indices
October 31st, 2014
OSB Daily Technical Analysis for October 31, 2014 S&P 500 rallied towards the 2000 during trading on Thursday. Bullish momentum is on the rise and the S&P 500 is heading for new highs. Note: Bank of Japan QE announcement ...
Friday October 31: OSB Daily Technical Analysis- Commodities
October 31st, 2014
OSB Daily Technical Analysis for October 31, 2014 Gold sold off on Thursday closing below $1200 after its failure to rally back above $1220 during intraday trading. Gold is now looking very bearish and likely to make new lows. ...
How Will The Stock Market React To The End Of Quantitative Easing?
October 31st, 2014
It is widely expected that the Federal Reserve is going to announce the end of quantitative easing this week. Will this represent a major turning point for the stock market? As you will see below, since 2008 stocks have ...
Friday October 31: OSB Daily Technical Analysis- Currency pairs
October 31st, 2014
OSB Daily Technical Analysis for October 31, 2014 EUR/USD The EURUSD sold off during trading on Thursday dipping below 1.26 and finding support in the 1.2545 region. Pair very likely in the begging of a new down leg which ...
Samsung Electronics seeks China turnaround, unveils mid-tier handsets
October 31st, 2014
Samsung Electronics Co Ltd unveiled two new mid-tier handsets with a premium design as it prepared to deliver a riposte to its low-priced Chinese rivals and reclaim its title as the top brand in the world’s biggest smartphone market. ...
