Search Results for: gold
HSBC, RBS Expected to Cut Bonuses After FX Fines
January 12th, 2015
HSBC Holdings Plc and Royal Bank of Scotland Group Plc are expected to reduce bonus pools after deducting part of the fines paid for foreign-exchange manipulation, the Financial Times reported. Bonus pools at banks including Deutsche Bank AG (DBK) and Barclays Plc (BARC) were also ...
Dollar Slips on Wages as Oil Drops; Chinese Stocks Drop
January 12th, 2015
The dollar fell for a second day after an unexpected drop in U.S. wages clouded the outlook for interest rates, and crude oil resumed declines. Billionaire Li Ka-shing’s Cheung Kong Holdings Ltd. surged in Hong Kong after a reorganization, while ...
Swiss National Bank expects annual profit of CHF 38 billion
January 9th, 2015
Large annual profit allows for supplementary distribution According to provisional calculations, the Swiss National Bank (SNB) will report a profit in the order of CHF 38 billion for the 2014 financial year. The profit on foreign currencypositions amounted to ...
Leading global brokerage company, BGC Partners Inc., extends all-cash tender offer to acquire GFI Group
January 8th, 2015
BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “the Company,” or “BGC”), a leading global brokerage company primarily servicing the financial and real estate markets, today announced that it has extended the deadline for its fully financed, all-cash tender offer ...
Markets decline as oil plunge continues
January 7th, 2015
Markets continued retreating on Tuesday as oil prices slumped. The sell-off of US stocks continued for the second consecutive day. The S&P 500 benchmark index fell for the fifth session in a row, with only two sectors – utilities and telecoms, ...
Markets retreat as oil plunges
January 7th, 2015
World stock markets tumbled on Monday on continued fall in oil prices and surging dollar. Sell-off of US equities dragged US stock indices down, with Dow Jones Industrial and the S&P 500 recording their worst losses since October. Investors ...
2015 investing tips for the rational investor
January 2nd, 2015
Is that time of the year when pundits put forth their market prognostications for the coming year, ballyhoo their favorite stocks and dazzle readers with can’t-miss strategies and trends. So here are a few words to the wise, some ...
Friday January 2: OSB Daily Technical Analysis – Commodities
January 2nd, 2015
OSB Daily Technical Analysis for January 2, 2015 Gold sold off on Wednesday after testing the $1200 handle which is yet again proving too resistive. Gold in consolidation looking for further direction with little impetus for either side. Medium ...
Wednesday December 31: OSB Daily Technical Analysis – Commodities
December 31st, 2014
OSB Daily Technical Analysis for December 31, 2014 Gold rallied on Tuesday breaking above the $1200 handle ending the session just beneath the 50 DMA. Resistance above is significant with the $1210-20 area likely to entice bears to step ...
When do markets close on New Year’s Eve?
December 31st, 2014
Virtually all major markets around the world will be shut on New Year’s Day, but U.S. stock traders can forget about popping any early afternoon corks on New Year’s Eve. Both the New York Stock Exchange and Nasdaq will ...
