Search Results for: Horizon

Increased U.S. Output Bolsters Oil Glut Fears Sending Prices Back Down

January 15th, 2015 (0)
Oil resumed its decline after the biggest gain since June 2012 as U.S. crude production increased, bolstering speculation a global supply glut that spurred last year’s price collapse may persist. Futures dropped as much as 1.3 percent in New York. ...

Cinnober selected to receive EU funding for disruptive client clearing technology

January 14th, 2015 (0)
The European Commission recognizes need for real-time risk margining, multi-asset client clearing solution for the banking sector The European Commission has announced that Cinnober has been chosen to receive financial support to develop a real-time risk margining and multi-asset ...

How OPEC Weaponized the Price of Oil Against U.S. Drillers

January 9th, 2015 (0)
If there ever was doubt about the strategy of the Organization of Petroleum Exporting Countries, its wealthiest members are putting that issue to rest. Representatives of Saudi Arabia, the United Arab Emirates and Kuwait stressed a dozen times in ...

Wednesday December 24: OSB Daily Technical Analysis – Indices

December 29th, 2014 (0)
OSB Daily Technical Analysis for December 24, 2014 The S&P 500 made a new all time high breaking above the 2080 level suggesting the market is now ready for a push to 2100. Pull backs at this phase are ...

Monday December 22: OSB Daily Technical Analysis – Commodities

December 22nd, 2014 (0)
OSB Daily Technical Analysis for December 22, 2014 Gold hovered around the $1200 mark on Friday with momentum from previous days rally waning for a continuation rally. Gold still holding firmly in the general vicinity with no new buyers ...

Where Are Oil Prices Headed In The Long Run?

December 18th, 2014 (0)
Global benchmark crude oil prices have declined sharply this year on slower demand growth and rising supplies. The growth in demand for crude oil has slowed down significantly this year due to moderating economic growth in emerging markets, such ...

Wednesday December 17: OSB Daily Technical Analysis – Currency pairs

December 17th, 2014 (0)
OSB Daily Technical Analysis for December 17, 2014 EURUSD rallly broke above the 50 DMA intraday with resistance at 1.2570 holding strong keep the 1.2600 level out of reach at least for now. A close above the 50 DMA ...

Monday December 15: OSB Daily Technical Analysis – Currency pairs

December 15th, 2014 (0)
OSB Daily Technical Analysis for December 15, 2014 EURUSD rallied back above the 20 DMA pushing above 1.2450 resistance. Next resistance above at 1.2475-85. Upside momentum build up gathering pace with possible push towards 1.25 handle. A close above ...

Friday December 12: OSB Daily Technical Analysis – Indices

December 12th, 2014 (0)
OSB Daily Technical Analysis for December 12, 2014 The S&P tried to push higher in the early session but fell short at the 2055 resistance area only to turn back and head into previous days lows where support currently ...

Friday December 12: OSB Daily Technical Analysis – Commodities

December 12th, 2014 (0)
OSB Daily Technical Analysis for December 12, 2014 Gold failed to move higher on the day finding strong resistance in the $1233 area. Strong resistance just above $1240 capping any strong upside move for now. A clean break above ...
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