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U.S. Shares Rise With Dollar as Oil Surges Amid Data

December 3rd, 2014 (0)
U.S. stocks rose toward records, as energy shares rallied with the price of crude and investors weighed data on hiring and the services sector. European equities climbed and the dollar gained on speculation the region’s central bank will add ...

Sony Pictures struggles to recover eight days after cyber attack

December 3rd, 2014 (0)
Eight days after a massive cyber attack on Sony Pictures Entertainment, the Hollywood studio was still struggling to restore some systems on Tuesday evening as investigators combed for evidence to identify the culprit. Some employees at the Sony Corp ...

New U.S. oil and gas well November permits tumble nearly 40 percent

December 3rd, 2014 (0)
Plunging oil prices sparked a drop of almost 40 percent in new well permits issued across the United States in November, in a sudden pause in the growth of the U.S. shale oil and gas boom that started around ...

Ukraine energy minister says accident at nuclear plant poses ‘no threat’

December 3rd, 2014 (0)
Ukraine’s Energy Minister Volodymyr Demchyshyn said today that the accident at the Zaporizhzhya nuclear power plant (NPP) in southeast Ukraine posed no danger and that the plant would return to running as normal on Dec. 5. “There is no ...

Wednesday December 3: OSB Daily Technical Analysis – Currency pairs

December 3rd, 2014 (0)
OSB Daily Technical Analysis for December 3, 2014 EURUSD failed to hold above the 1.2400 handle and is likely to retest recent lows at 1.2360. A break below see decline further into the 1.2300 level. Any potential upside is ...

Australia probes bitcoin crime links as currency craves legitimacy

December 3rd, 2014 (0)
A top Australian law enforcement agency is investigating bitcoin’s role in organized crime, a senior official said, just as politicians and financial regulators embrace the digital currency as a legitimate part of modern business. The investigation into bitcoin’s crime ...

Asian shares edge down, oil rises as crude inventories decline

December 3rd, 2014 (0)
The dollar marked a fresh seven-year high against the yen on Wednesday, which helped lift the Nikkei to a similar record, while oil prices recovered after data showed a drop in U.S. supply. MSCI’s broadest index of Asia-Pacific shares ...

Dollar Rises to 7-Year High Versus Yen as Aussie Slides on GDP

December 3rd, 2014 (0)
The dollar strengthened to a seven-year high against the yen before U.S. data this week that economists say will back the case for higher interest rates as Japan and Europe ease policy. The greenback was 0.2 percent from its ...

Technical Analysis: Currency pairs – Dec 03

December 3rd, 2014 (0)
Technical Analysis for December 03, 2014 EUR/USD pushes the price for another low under 1.24. Next target will be 1.235 and if it breaks this level it will target 1.225 next. A push higher than 1.24 will bring back ...

Oil falls below $72 after sharp rally in volatile market

December 2nd, 2014 (0)
Brent oil fell below $72 a barrel on Tuesday, giving up some of its gains in the previous day’s rally from five-year lows, as traders voiced uncertainty over whether the market had reached a floor or would keep falling. ...
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