Search Results for: Oil price
Why the Swiss unpegged the franc
January 19th, 2015
In the world of central banking, slow and predictable decisions are the aim. So on January 15th, when the Swiss National Bank (SNB) suddenly announced that it would no longer hold the Swiss franc at a fixed exchange rate ...
Asian Stocks Slide With U.S. Futures, Bonds Climb on SNB
January 16th, 2015
Asian shares dropped with U.S. index futures as the market turmoil sparked by Switzerland abandoning the franc’s cap extended into a second day. Sovereign bonds rallied and gold traded near a four-month high. The MSCI Asia Pacific Index fell 0.6 percent ...
Russian Assets Nearing Buying Range, Investment Adviser Says
January 14th, 2015
Russian assets are approaching levels where they would be attractive to buy, investment adviser Marc Faber — writer of the Gloom, Boom & Doom Report — said Tuesday. Western sanctions imposed over Moscow’s role in the Ukraine crisis and ...
Elliott Wave Market Overview: EUR, GBP, WTI, DAX
January 13th, 2015
Elliott Wave Market Overview: USD is still consolidation on several major pairs, but sooner or later larger trends should resume. EURUSD and GBPUSD can still be trapped in fourth waves from where we will be looking for a break ...
Russian Central Bank Spent $76.1 Billion Defending Ruble in 2014
January 12th, 2015
The Russian Central Bank’s net currency interventions in 2014 amounted to $76.13 billion and 5.41 billion euros, Interfax news agency reported Monday, citing Central Bank Data. Interventions in the month of December amounted to $11.9 billion. The bank intervened heavily last year as the ruble slumped because of international ...
GFG Weekly Market Insight – 5 Themes For 2015 (week 05 Jan 2015)
January 9th, 2015
5 Themes for 2015 A look back at 2014 may shed some light on what could be ahead for 2015 with multi-asset class trading dynamics suggesting that a slow-motion repricing of risk and/or flight to liquidity may be underway. Possible ...
Bitcoin Review: Bitcoin’s New Year Starts With a Crash
January 5th, 2015
Bitcoin‘s price crashed over the weekend, losing $51 over two days. It opened on Saturday at $314.59 and closed Sunday at $263.63, according to the CoinDesk Bitcoin Price Index. The plunging price got market watchers chattering as Sunday drew to ...
Friday January 2: OSB Daily Technical Analysis – Commodities
January 2nd, 2015
OSB Daily Technical Analysis for January 2, 2015 Gold sold off on Wednesday after testing the $1200 handle which is yet again proving too resistive. Gold in consolidation looking for further direction with little impetus for either side. Medium ...
Dollar Extends Rally on Fed View; Euro Slumps to Two-Year Low
January 2nd, 2015
The dollar extended gains against its major peers after posting its best year since at least 2005 amid speculation the Federal Reserve will raise interest rates this year. The euro slumped to the lowest level in more than two ...
Wednesday December 31: OSB Daily Technical Analysis – Commodities
December 31st, 2014
OSB Daily Technical Analysis for December 31, 2014 Gold rallied on Tuesday breaking above the $1200 handle ending the session just beneath the 50 DMA. Resistance above is significant with the $1210-20 area likely to entice bears to step ...
