Search Results for: EU
Technical Analysis: Currency pairs – Nov 18
November 18th, 2014
Technical Analysis for November 18, 2014 EUR/USD has broken over the 1.256 line and hold on 1.2575 line. It attempts to break up but eventually failed and bounced back to the Friday’s level around 1.245. A new attempt move ...
Islamic finance body AAOIFI to discuss global accounting standards
November 18th, 2014
The Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) is engaging its counterpart in conventional finance to discuss the convergence of corporate accounting standards. The move is a shift in approach by AAOIFI, which has traditionally developed accounting standards ...
Draghi Says ECB Measures Could Include Buying Government Bonds
November 18th, 2014
Mario Draghi has explicitly cited government-bond buying as a policy tool officials could use to stimulate the economy should the outlook worsen. “Unconventional measures might entail the purchase of a variety of assets, one of which is sovereign bonds,” the ...
Gold Holds Decline From Two-Week High as Dollar Gains, Oil Drops
November 18th, 2014
Gold held a retreat from the highest level in two weeks after the dollar strengthened and energy prices dropped, curbing demand for the metal as an investment. Silver and palladium declined. Bullion for immediate delivery traded at $1,186.35 an ...
Pound Falls a Fourth Day as Carney Signals Disinflation Risks
November 17th, 2014
The pound fell for a fourth day against the dollar, approaching a 14-month low, as Bank of England Governor Mark Carney and Chief Economist Andy Haldane signaled they’re concerned that inflation is slowing. U.K. government bonds rose along with Treasuries, pushing 10-year gilt ...
Global markets ‘living on borrowed time’: Wilbur Ross
November 17th, 2014
Global financial markets are living on borrowed time with geopolitical crises and deflationary risks still a concern, private-equity billionaire Wilbur Ross told CNBC. “I think are living on borrowed time because investors have no alternatives,” the chairman and ...
Pakistan regulators merging three Islamic investment firms
November 17th, 2014
Pakistan regulators are merging three small Islamic investment firms after the central bank took control of Karachi-based KASB Bank Limited, accelerating efforts to strenghten financing by investment partnerships. Last week, the government directed the central bank to reorganize or amalgamate ...
Deloitte starts up £25m fund for employees
November 17th, 2014
BIG FOUR accountancy firm Deloitte today announced it had started a £25m internal investment fund to allow its employees to create their own startup businesses. If their idea is chosen, employees will be given funding and allowed to work ...
Monday November 17: OSB Daily Technical Analysis –Indices
November 17th, 2014
OSB Daily Technical Analysis for November 17, 2014 S&P 500 had a light day on Friday without much real direction hitting resistance in the 2040 area. The index looks likely to consolidate in this area and go sideways as ...
Monday November 17: OSB Daily Technical Analysis – Commodities
November 17th, 2014
OSB Daily Technical Analysis for November 17, 2014 Gold rallied significantly on Friday with sign that the precious metal is attempting to reach out to the $1200 handle. Resistance in this area is significant and likely to cause bears ...
