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Tuesday November 4: OSB Daily Technical Analysis – Currency pairs

November 4th, 2014 (0)
OSB Daily Technical Analysis for November 4, 2014 EUR/USD closed below the 1.25 handle on Monday continuing its downward trajectory. Yesterday’s price action suggests a short term bounce back is imminent at this level however is overall bearish for ...

Dow, S&P 500 close slightly lower; semis boost Nasdaq

November 4th, 2014 (0)
The S&P 500 and the Dow closed with slight losses on Monday after briefly touching intraday records, but strength in semiconductors boosted the Nasdaq. Monday’s subdued trading followed the Dow’s biggest weekly gain since January 2013 and the S&P’s ...

Dell’s Life After Wall Street

November 3rd, 2014 (0)
A year after spending $24.9 billion taking his computer company private, Michael S. Dell is gleeful to have his namesake firm to himself. And to be done with Wall Street. On Tuesday, Mr. Dell will show what he has ...

FCA warning against clone firm

November 3rd, 2014 (0)
The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning to alert all recipients that: Pritchards Stockbrokers (clone of FCA authorised firm) Address: Roddis House, Old Christchurch Road, Bournemouth, Dorset, BH1 1LG Tel: 01202297035 Fax: 01202555177 ...

Yen hits 7-year low vs dollar; Aussie falls after weak China PMI

November 3rd, 2014 (0)
The yen fell to a fresh seven-year low against the dollar on Monday, extending a massive sell-off sparked by the Bank of Japan’s surprise decision to boost its already huge bond-buying stimulus. Sellers also took aim at the Australian ...

HSBC sets aside $378 million for FX probe settlement

November 3rd, 2014 (0)
HSBC Holdings (HSBA.L) set aside $378 million to pay a potential fine from the UK regulator for alleged manipulation of currency markets, as Europe’s biggest bank reported a 12 percent fall in underlying earnings after costs rose. HSBC on ...

Monday November 3: OSB Daily Technical Analysis- Indices

November 3rd, 2014 (0)
OSB Daily Technical Analysis for November 3, 2014 S&P 500 The S&P 500 rallied to a new all-time high on Friday clearing the 2000 area with ease. The index is now in uncharted territory and is likely to correct, ...

Monday November 3: OSB Daily Technical Analysis- Currency pairs

November 3rd, 2014 (0)
OSB Daily Technical Analysis for November 3, 2014 EUR/USD Break down of the EURUSD on Friday dipping below the 1.25 handle and making new intraday lows. Pair is significantly bearish and a decisive close below 1.25 extends down leg ...

Bahrain fund Mumtalakat sets up $1bn bond, sukuk programmes

November 3rd, 2014 (0)
Bahraini sovereign fund Mumtalakat has set up separate bond and sukuk issuance programmes in the Irish stock exchange to raise as much as $1 billion, to help refinance maturing debt next year. One of the smaller sovereign wealth funds ...

Publicis to buy U.S.-based Sapient for $3.7 billion

November 3rd, 2014 (0)
Publicis (PUBP.PA), the world’s third-largest advertising holding company, has agreed to buy digital ad specialist Sapient for $3.7 billion in cash as it seeks to accelerate growth after a botched merger earlier this year. Publicis said on Monday that ...
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