Search Results for: Gold
Banks pull out of dozens of benchmarks after rate-rigging scandals
October 2nd, 2014
Some of the world’s largest banks have stopped contributing to dozens of financial benchmarks to avoid further litigation risk in the wake of the Libor and foreign exchange rate rigging scandals. Deutsche Bank, Citigroup, JPMorgan and UBS, among others, ...
Tax Tactics Threaten Public Funds
October 2nd, 2014
When the European Commission charged this week that Ireland’s sweetheart tax treatment of Apple amounted to an illegal corporate subsidy, the company said that it had done nothing wrong. Corporate tax strategies intended to minimize global taxes, by hook ...
Thursday October 2: OSB Daily Technical Analysis- Commodities
October 2nd, 2014
OSB Daily Technical Analysis for October 2, 2014 Gold Wide swing for Gold on Wednesday with an attempt to get above the $1220 resistance level. Support below holding just above $1200 while Gold consolidates and grinds it out while ...
Asia down as Ebola scare hits Wall St., dollar rally on pause
October 2nd, 2014
Japanese stocks were knocked hard on Thursday as weak global manufacturing activity and an Ebola health scare in the United States spooked world markets, sending investors scurrying to the safety of U.S. bonds, the yen and gold. The gloom ...
Pimco Returns Fund investors hits record $23.5 billion
October 2nd, 2014
Pacific Investment Management Co suffered a record $23.5 billion of withdrawals from its flagship Pimco Total Return Fund in September, with its largest daily outflow occurring on the day of Bill Gross’s surprise resignation from the firm. The Pimco ...
Wednesday October 1: OSB Daily Technical Analysis- Commodities
October 2nd, 2014
OSB Daily Technical Analysis for October 1, 2014 Gold testing the $1200 area making lows at $1204 on Tuesday and finding support in this area for now. US Dollar strength weighing against the precious metal. Resistance above at $1215-20 ...
Tuesday September 30: OSB Daily Technical Analysis- Commodities
September 30th, 2014
OSB Daily Technical Analysis for September 30, 2014 Gold consolidation at the $1215 area where it is forming a base. Likely to trade within a tight range $1215-$1225 while it looks for further direction. Somewhat downside biased at the moment. ...
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 ...
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- Commodities
September 25th, 2014
OSB Daily Technical Analysis for September 25, 2014 Gold closed lower on Wednesday after grinding it out in the $1216-$1226 area. Consolidation day with US$ bullishness weighing against Gold. Bearish outlook remains. Silver Subdued action in Silver on Wednesday ...
