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OSB Daily Technical Analysis

August 14th, 2014 (0)
OSB Daily Technical Analysis for August 14, 2014 EUR/USD: downtrend and weakness remain intact   GBP/USD: at key turning points looking to test 200 DMA   EUR/JPY: looking to test 20 DMA with potential push to retest 200 DMA ...

Brent Oil up to $104 Despite Inventory Surge

August 14th, 2014 (0)
Crude rose in choppy trading on Wednesday, with Brent recovering from a 13-month low as turmoil in Iraq and Libya kept concerns about potential supply disruptions in focus. Separately, U.S. crude prices rose despite the U.S. Energy Information Administration ...

Mexico plans to open oil industry to foreigners

August 14th, 2014 (0)
Mexico aims to develop its energy future in its changing landscape of oil and gas industry looking for foreign interest. Private investors will have the opportunity to bid on a significant percentage of the prospective reserves, though under the ...

Technical Analysis AUD/USD – Rallies Back Above Key 0.93 Level

August 14th, 2014 (0)
Technical Analysis AUD/USD for Thursday, August 14, 2014 The Australian dollar is trading in a very small trading range right on top of the key level at 0.9300 after pushing up well over the last day or so. In ...

Failure of Private Deal Over Argentine Debt by Hedge Fund Holdouts

August 14th, 2014 (0)
Aurelius Capital Management announced that efforts to reach a deal with private parties in the wake of Argentina’s debt had collapsed. The firm is one of the hedge funds that has battled with Argentina over billions of dollars in ...

More companies subject to U.S. sanctions due to new rule

August 14th, 2014 (0)
Owners of companies sanctioned by the U.S. government could find themselves blacklisted because of a change of a rule announced by the Treasury, which has the power to apply and enforce U.S. sanctions. According to the new rule, if ...

Audi faces penalty in China

August 13th, 2014 (0)
Volkswagen (VOWG_p.DE)’s premium auto unit Audi on Wednesday said it would accept a penalty and change management processes at one of its China units after a regional authority said it had discovered violations of anti-monopoly laws. “According to investigations ...

Gold Remains Rangebound

August 13th, 2014 (0)
Gold is listless on Wednesday, continuing a week with little movement. The spot price stands at $1308.60 per ounce in the European session. On the release front, attention shifts to US retail sales data, with the release later today ...

Goldman Sachs a final bidder for $1.6 billion Tokyo building

August 13th, 2014 (0)
A Goldman Sachs Group Inc unit is a final bidder for a Tokyo office tower in a deal that could fetch about 165 billion yen ($1.6 billion), said people familiar with the deal, which could be the biggest office ...

Brokerages face exodus as advisers get better deal in indie firms

August 13th, 2014 (0)
The four biggest U.S. brokerage firms are facing an exodus of employees who are finding they can make more money and save on taxes by taking their clients and starting an independent firm before they retire. Prices are rising ...
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