Search Results for: EU
Monday September 29: OSB Daily Technical Analysis- Commodities
September 29th, 2014
OSB Daily Technical Analysis for September 29, 2014 Gold intraday bounce back on Friday with a test of the $1230 level. Market appears to forming a bottom at the $1215 level. Some range bound action likely at these levels. Silver Positive ...
Monday September 29:OSB Daily Technical Analysis- Currency pairs
September 29th, 2014
OSB Daily Technical Analysis for September 29, 2014 EUR/USD Downside momentum dominating EURUSD. Close below 1.2700 handle extends downside to support at 1.2625-35. Likely medium term target in the 1.2500 area. Pair oversold with some bounce possible in the meanwhile. EUR/GBP Intraday day ...
Japan’s Daiichi Sankyo to acquire US biopharma Ambit Biosciences
September 29th, 2014
Japanese drugmaker Daiichi Sankyo Co Ltd (4568.T) has agreed to acquire U.S. biopharmaceutical company Ambit Biosciences Corp (AMBI.O) in a deal valued up to $410 million as it looks to build its presence in oncology, the companies said. The ...
Cambodia sees a growth in consumerism
September 29th, 2014
Though poverty is still rife in the countryside, an urban boom and robust growth fueled by garment manufacturing for brands such as Nike (NKE.N) and GAP (GPS.N) has given rise to a growing consumer class that earns triple the ...
Illegal Irish corporate tax deals for Apple
September 29th, 2014
Preliminary findings of an investigation into tax deals have found Apple Inc.(AAPL.O) being accused of benefiting from illicit state aid in Ireland after striking illegal deals with Irish authorities and will have to face Brussels’ law. Details of the probe, which ...
Another fall for German consumer confidence
September 26th, 2014
Consumer confidence in Germany is fading, weighed down by concerns about the economic fallout from geopolitical crises, a new poll found on Friday. “In the eyes of consumers, ongoing geopolitical tensions are now also threatening to affect the economy ...
Share trading flat after Wall Street sell-off
September 26th, 2014
U.S. shares trading was near the flat line Friday after Wall Street suffered its worst slide in nearly two months Thursday. The Dow closed down 264.26 points, 1.5%, to end below 17,000 at 16,945.80. Throughout most of the day, ...
Russian lawmaker drafts bill on Foreign-Asset Freeze
September 26th, 2014
A member of Russia’s ruling party proposed a law that would allow the seizure of foreign states’ assets in the country after the U.S. and its allies targeted President Vladimir Putin’s inner circle including a childhood friend with asset ...
OSB Daily Technical Analysis- Commodities
September 26th, 2014
OSB Daily Technical Analysis for September 26, 2014 Gold New intraday low for DEC 14 Gold at 1206. Gold is looking to form a base just above $1200 but ultimately is likely to break below and head lower in the ...
OSB Daily Technical Analysis- Currency pairs
September 26th, 2014
OSB Daily Technical Analysis for September 26, 2014 EUR/USD sell off continued. Price dip below 1.2700 briefly touching two year lows. Ultra bearish for the pair. A close below this level extends price to support 1.26950-60. Downside momentum picking up. EUR/GBP broke below ...
