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Monday December 1: OSB Daily Technical Analysis – Indices

December 1st, 2014 (0)
OSB Daily Technical Analysis for December 1, 2014 S&P 500 traded sideways and edged slightly lower on Friday on what was a relatively light trading day following Thanksgiving. With that in the mind the index still managed to make ...

Commodities Retreat to Five-Year Low as Oil Tumbles With Bullion

December 1st, 2014 (0)
Commodities fell to the lowest in five years as oil sank on prospects for a glut, gold fell after Swiss voters rejected a move to force the central bank to buy bullion and data from China confirmed a slowdown ...

India: Government plans to cut stake in state lenders to raise $14.4 billion

November 28th, 2014 (0)
The government plans to raise about 891.2 billion rupees ($14.4 billion) by reducing its stakes in state-run banks to 52 percent, the junior finance minister said on Friday, sending shares of state lenders higher. The government holds stakes ranging ...

Phase two of financial markets law completes long-term overhaul

November 28th, 2014 (0)
The second phase of New Zealand’s new capital markets and financial services law takes effect from Monday (1 December). Phase two includes licensing provisions that extend to several hundred further businesses, and a major shift in the quality of ...

Clive Palmer case in court: dense legal wrangling with a cast of hundreds

November 27th, 2014 (0)
Big money, big legal teams and a big call to make against a larger-than-life tycoon turned political phenomenon. But at the end of another round of labyrinthine legal argument, the accusations against Clive Palmer made by his former Chinese ...

Funding secured for Tesco shareholder class action

November 26th, 2014 (0)
Australian litigation funder Bentham has made its biggest entry yet in the European market by agreeing to fund a class action against supermarket giant Tesco. The European subsidiary will fund legal action on behalf of shareholders who are claiming ...

Mr. Yen Sees Drop He Forecast Nearing End on Economy

November 26th, 2014 (0)
The 14 percent plunge in Japan’s currency since mid-year has about run its course, according to the former Ministry of Finance official known as “Mr. Yen.” Eisuke Sakakibara, who got his nickname in the 1990s for his influence over the exchange ...

What Greek accounting woes can teach Asia

November 26th, 2014 (0)
Asia should care about Greece, because it offers two important lessons. One, that “Greek accounting” triggered the European crisis and weakened an important trading partner to Asia. Two, that weak Greek government financial management and reporting impaired trust and ...

Technical Analysis: Currency pairs – Nov 26

November 26th, 2014 (0)
Technical Analysis for November 26, 2014 EUR/USD  is trading around 1.2475 level and trying to break higher ad the next target is 1.25. If it breaks 1.25 then it will target 1.26 next and if it breaks lower under ...

India Rebounding?

November 25th, 2014 (0)
India has a population of more than 1.2 billion, more than one-sixth of world population. A coupole of decades ago, economic growth started surging in India. For example, the share of the population that was essentially destitute, below the ...
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