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Wednesday November 12: OSB Daily Technical Analysis – Indices

November 12th, 2014 (0)
OSB Daily Technical Analysis for November 12, 2014 S&P 500 The S&P 500 edged slightly higher with very little intraday action. Market appears to be taking a break from the recent strong up move. Some pull back and consolidation ...

Wednesday November 12: OSB Daily Technical Analysis – Currency pairs

November 12th, 2014 (0)
OSB Daily Technical Analysis for November 12, 2014 EUR/USD edged higher on the day hitting resistance at the 1.25 handle. Pair looking to bounce above this key resistance level. A close above extends to the 1.2540-70 area. Consolidation and ...

Dow, S&P 500 set record highs in light volume

November 12th, 2014 (0)
The Dow and S&P 500 eked out a fifth session of record closing highs on Tuesday, barely extending the market’s recent rally in light volume as consumer discretionary shares gained. The S&P 500’s top percentage gainer was Zoetis, which jumped 8.9 ...

U.S. judge says Citigroup can process Argentina’s next bond payment

November 11th, 2014 (0)
A U.S. judge ruled on Monday that Citigroup Inc could process an $85 million interest payment by Argentina on bonds issued under its local laws following its 2002 default. U.S. District Judge Thomas Griesa in New York said Citigroup could process the Dec. 31 payment ...

Putin seeks to reassure world amid ‘perfect storm’

November 11th, 2014 (0)
The Russian ruble strengthened against the dollar on Monday after President Vladimir Putin said there were no “fundamental economic reasons” for the currency’s slide, but analysts –and the country’s central bank — beg to differ. Speaking at an Asia ...

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 ...

Platt’s $50 Billion Hedge-Fund Dream Deferred

November 10th, 2014 (0)
When billionaire Michael Platt flew to the Middle East in September 2013, he was running one of the world’s largest hedge funds. He wanted to make it bigger. He told investors at the region’s sovereign-wealth funds that his BlueCrest ...

Singapore Returns Up to $9 Billion to Banks in Rate Probe

November 7th, 2014 (0)
Singapore’s central bank gave back as much as S$12 billion ($9.3 billion) that it took from 19 lenders last year as a penalty for trying to manipulate benchmark interest rates. The banks have taken steps to prevent a recurrence ...

Friday November 7: OSB Daily Technical Analysis – Currency pairs

November 7th, 2014 (0)
OSB Daily Technical Analysis for November 7, 2014 EUR/USD sold off breaking and closing below the 1.24 handle on Thursday making a new two year low. Support at 1.2350-30. A close below extends to 1.22 in the short term. ...

Twitter stock: A disappointing first year

November 7th, 2014 (0)
Twitter (TWTR) sold shares to investors exactly one year ago today — and it’s been disappointing lesson for most regular investors. Privileged investors are up big on Twitter – but most everyone else found out how expensive hype can be. ...
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