Search Results for: Commodities
West TX Oil at $93 on Softer Economic Data
September 16th, 2014
Brent crude was little changed just below $98 a barrel on Tuesday, holding gains after recovering from its lowest price in more than two years but capped by a soft global economic outlook. Data reflecting lackluster manufacturing output performance ...
OSB Daily Technical Analysis- Currency pairs
September 16th, 2014
OSB Daily Technical Analysis for September 16, 2014 EURUSD attempt to push towards 1.30 level resistance failed with a close lower for the day. Consolidation at these levels as the pair tries to recover some of last weeks ...
Defeating India’s disastrous food price inflation with trade
September 16th, 2014
Indian economic data in July on industrial growth and inflation was disappointing. Industrial sector growth slowed to 3.4 per cent in June 2014 with the manufacturing sector, the largest component, growing at an anaemic 1.8 per cent. But the ...
Senior BNP Paribas energy traders quit; bank denies downsizing
September 16th, 2014
Two senior BNP Paribas energy traders in New York have left, but the Paris-based bank said on Monday it was not downsizing its U.S. commodity and energy businesses. Keith Shoemaker, managing director of North American natural gas trading, and ...
OSB Daily Technical Analysis – Currency pairs
September 15th, 2014
OSB Daily Technical Analysis for September 15, 2014 EUR/USD consolidation day on Friday closing below 1.2965 resistance after finding support at the 1.29 level. Action suggests downside may be limited from here and a further corrective bounce towards the ...
OSB Daily Technical Analysis – Currency pairs
September 12th, 2014
OSB Daily Technical Analysis for September 12, 2014 EUR/USD Mixed day and consolidation for the EURUSD on Thursday which appears to be developing a base within this tight range. Strong resistance at 1.2965 and more significantly at 1.30. A ...
OSB Daily Technical Analysis – Currency pairs
September 11th, 2014
OSB Daily Technical Analysis for September 11, 2014 EUR/USD Mixed day for the EURUSD as it hovers around the 1.29 handle remaining within its recent range of support at 1.2850 and resistance at 1.2965. Consolidation and some range bound ...
OSB Daily Technical Analysis – Currency pairs
September 10th, 2014
OSB Daily Technical Analysis for September 10, 2014 EUR/USD pair found support close to the 1.2850 area only to turn back up and close positive for the day. The pair is oversold and might have put in a short ...
Australia Cuts Wheat Production Forecast on Drought
September 9th, 2014
Australia lowered its outlook for wheat production as dry weather in parts of the country’s east may curb yields in the world’s fifth-biggest exporter. The harvest may total 24.2 million metric tons in 2014-2015 from 24.6 million tons estimated ...
OSB Daily Technical Analysis – Currency pairs
September 9th, 2014
OSB Daily Technical Analysis for September 9, 2014 EURUSD continued its downward trajectory on Monday following a pause at the end of last week. Some indecision and sideways action during the mid-session gave way to sellers in the second ...
