Search Results for: Markets
FINMA: Switzerland Completes Financial Services Regulator Review
January 5th, 2015
The Swiss Federal Council has concluded that there is no fundamental need for comprehensive reform of the Financial Market Supervisory Authority (FINAMA), but has identified what it says are isolated areas where there is room for improvement. FINMA is ...
General election top concern for UK companies in 2015
January 5th, 2015
Political uncertainty ahead of May’s general election and the weakening eurozone economy are hitting confidence across British businesses. Two surveys on Monday show that firms began the new year fretting about domestic political upheaval and the possibility that geopolitical ...
Lithuania is 19th country to adopt the euro, but currency union remains deep in crisis
January 2nd, 2015
Lithuania has become the 19th European country to adopt the euro – but enters a currency union deep in crisis. The former Soviet republic is the last of the Baltic nations to adopt the euro after Estonia joined in 2011 ...
New Visa Europe Interchange Programme: Opportunity for Merchants and Acquirers
January 2nd, 2015
Early 2015, Visa Europe will introduce their so-called Cross Border Domestic Interchange Programme (CBDIP). This programme will cap interchange fees for domestic transactions processed by European cross-border acquirers. This seems to be excellent news for merchants as it could ...
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 December 02: OSB Daily Technical Analysis – Indices
January 2nd, 2015
OSB Daily Technical Analysis for December 02, 2014 The S&P 500 closed the final trading session of the year on a negative note despite having had a very good year characterised by a plethora of all time highs. Market ...
Friday January 2: OSB Daily Technical Analysis – Currency pairs
January 2nd, 2015
OSB Daily Technical Analysis for January 2, 2015 EURUSD hit new two year lows on the last trading session of the year. Market now almost at the bottom of its longer term range of 1.40-1.20. A break beneath the ...
Oil moves higher to trim year-end losses
January 2nd, 2015
New York-traded crude-oil futures managed to recoup some losses in electronic trade early Friday, though rival Brent North Sea crude saw only a modest gain. Benchmark West Texas Intermediate crude futures for February CLG5, +0.99% improved by 58 cents, ...
Dollar Extends Rally on Fed View; Euro Slumps to Two-Year Low
January 2nd, 2015
The dollar extended gains against its major peers after posting its best year since at least 2005 amid speculation the Federal Reserve will raise interest rates this year. The euro slumped to the lowest level in more than two ...
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 ...