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Australia & NZ shares slip as commodity prices fall, China data awaited

November 5th, 2014 (0)
Australian and New Zealand shares slipped on Wednesday with weaker iron ore, copper and oil prices dragging down Australia’s heavyweight resources sector amid concerns about global demand. The S&P/ASX 200 index fell 29.9 points to 5,490 by 01:20 GMT, ...

Australia 200 – Near Two Month High Above 5500

November 5th, 2014 (0)
Australia 200 for Wednesday, November 5, 2014 Throughout most of September the Australia 200 Index declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 and 5500, ...

Temporary prohibition of short selling: Portugal Telecom

November 5th, 2014 (0)
The Financial Conduct Authority (FCA) notifies that it temporarily prohibits short selling in the following instrument under Articles 23 (1) and 26 (4) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March ...

Stocks close mixed: S&P drops, Dow bumps up

November 5th, 2014 (0)
Stocks closed mixed Tuesday as markets struggled from a one-two punch of falling oil prices and renewed fears of a global slowdown. A wait-and-see posture regarding Tuesday’s elections may also be holding back investors. The Standard & Poor’s 500 ...

Wednesday November 5: OSB Daily Technical Analysis – Indices

November 5th, 2014 (0)
OSB Daily Technical Analysis for November 5, 2014 S&P 500 The S&P 500 sold off on Tuesday dipping below the 2000 mark during intraday trading only to find support at 1995 and climb back above. This correction is perfectly within ...

Wednesday November 5: OSB Daily Technical Analysis – Currency pairs

November 5th, 2014 (0)
OSB Daily Technical Analysis for November 5, 2014 EUR/USD broke its four day losing streak on Tuesday and managed to rally above the 1.25 handle finding resistance at the 1.2580 area. Pair looks set to bounce higher from here ...

SEC fines 13 firms over sale of Puerto Rico junk bonds

November 4th, 2014 (0)
Units of 13 major Wall Street firms, including JPMorgan and UBS, improperly sold bonds from Puerto Rico’s landmark March junk deal to retail investors who may not have understood the debt’s riskiness, the U.S. Securities and Exchange Commission said ...

Accountancy firm Baker Tilly warns over eBay income

November 4th, 2014 (0)
Accountancy firm Baker Tilly has issued a warning to those trading on sites such as eBay or Airbnb after a man was sentenced to two years imprisonment for failing to declare income from online sales. John Woolfenden, from Manchester, ...

Oil slides after Saudi cuts to US prices

November 4th, 2014 (0)
Oil prices fell sharply on Tuesday after Saudi Arabia on Monday lowered the price it charges customers in the US in an effort to prop up its share of the American market. West Texas Intermediate fell as much as ...

SoftBank Cuts Annual Profit Forecast 10% on Sprint

November 4th, 2014 (0)
SoftBank Corp. (SFT), the Japanese wireless carrier led by billionaire Masayoshi Son, cut its full-year profit forecast 10 percent on widening losses at its Sprint Corp. unit in the U.S. Sprint, acquired in 2013 for $22 billion, is eliminating ...
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