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Chinese, Canadian central banks agree to 200 bln yuan currency swap

November 10th, 2014 (0)
The central banks of China and Canada have agreed to a currency swap worth 200 billion yuan ($32.67 billion) or C$30 billion, according to a Canadian government statement issued at a meeting of Asia Pacific nations on Saturday. The swap will ...

Interview with Benoît Cœuré, ECB

November 10th, 2014 (1)
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Theano Theiopoulou (Phileleftheros newspaper) on 9 November 2014 1. Why was banks’ participation in the ECB’s targeted longer-term refinancing operations (TLTROs) lower than expected? There ...

NODE Second Generation Cryptocurrency With Different Codebase To Bitcoin Launches

November 10th, 2014 (0)
After almost a year in development, recently launched NODE is a second generation cryptocurrency built from scratch in node.js that features encrypted messaging and NodePay launching in February 2015: the first hybrid international electronic payment system that allows users to pay ...

China deal sends shares to one-month high, rouble surges

November 10th, 2014 (0)
A landmark deal to give global investors easier access to China’s $3.9 trillion stock market helped lift world shares to their highest in over a month on Monday, as renewed tensions in Libya and Ukraine pushed up oil prices. ...

Monday November 10: OSB Daily Technical Analysis – Indices

November 10th, 2014 (0)
OSB Daily Technical Analysis for November 10, 2014 S&P 500 The S&P 500 declined during the early session finding support at the 2020 level prior to edging higher to close at 2025 on the day. Bullish momentum remains strong ...

UBS to settle over precious metals misconduct allegations as part of forex market rigging probe

November 10th, 2014 (0)
UBS are expected to strike a settlement with financial regulators over allegations of misconduct at its precious metals trading business. The settlement will form a part of a £1.5bn agreement the Swiss lender is due to make with five ...

Ireland Vies to Remain Silicon Valley’s Low-Tax Home Away From Home

November 10th, 2014 (0)
In a sprawling conference center on the outskirts of the Irish capital, more than 20,000 people from the global tech industry gathered last week to sign deals and swap contacts. Despite the throngs of start-ups, American heavy hitters like ...

Monday November 10: OSB Daily Technical Analysis – Currency pairs

November 10th, 2014 (0)
OSB Daily Technical Analysis for November 10, 2014 EUR/USD sold off breaking below the 1.24 handle on Friday finding support at the 1.2360 area and managed to close back above at 1.2545. Price action suggests some support further below ...

Financial Stability Board to Propose Stricter Capital Rules for Global Banks

November 10th, 2014 (0)
The Financial Stability Board, a panel made up of central bankers, finance officials and top regulators from the world’s largest economies, plans to announce proposals Monday that would double the amount of money that large banks would be required ...

E.C.B. Threatened to End Funding Unless Ireland Took Bailout, Letters Show

November 10th, 2014 (0)
Newly released documents suggest that Ireland was pressured into a controversial 67.5 billion euro bailout that left taxpayers rescuing crippled banks, reigniting a fierce debate about the international aid that Dublin accepted after the financial crash. An exchange of letters, ...
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