Search Results for: Oil price
Monday November 3: OSB Daily Technical Analysis- Commodities
November 3rd, 2014
OSB Daily Technical Analysis for November 3, 2014 Gold bears had a field day on Friday as the precious metal fell off a cliff and landed at the $1160 mark only to bounce back and close at $1172. The ...
Dollar climbs on yen, BOJ passes baton to ECB
November 3rd, 2014
The U.S. dollar powered to seven-year peaks against the yen on Monday and a two-year high on the euro, a punishing trend for commodities priced in dollars as gold, silver and oil all fell. Disappointing surveys out of China’s ...
Friday October 31: OSB Daily Technical Analysis- Commodities
October 31st, 2014
OSB Daily Technical Analysis for October 31, 2014 Gold sold off on Thursday closing below $1200 after its failure to rally back above $1220 during intraday trading. Gold is now looking very bearish and likely to make new lows. ...
Thursday October 30: OSB Daily Technical Analysis- Commodities
October 30th, 2014
OSB Daily Technical Analysis for October 30, 2014 Gold sold off on Wednesday breaking below the key $1220 support and finding support in the $1210 area. Yesterday price action suggests downside momentum on the rise and a likely test ...
Fed’s grand experiment draws to a close
October 29th, 2014
A grand experiment in US monetary policy is coming to an end. When the Federal Reserve releases the statement from its October meeting on Wednesday afternoon, the moment is almost certain to mark the end of the liquidity and ...
Four More Years Of Pain For Petrobras
October 29th, 2014
Brazil’s incumbent President Dilma Rousseff pulled off a victory on Oct. 26 in a runoff election, and the markets are not too happy about it. As recently as September, President Rousseff was not seen as the preferred candidate. In ...
Wednesday October 29: OSB Daily Technical Analysis- Commodities
October 29th, 2014
OSB Daily Technical Analysis for October 29, 2014 Gold Positive close for gold which briefly flirted with $1220 support during intraday trading. Gold looks well supported in this area and is likely to bounce around in the $1220-$1235 region ...
Tuesday October 28: OSB Daily Technical Analysis- Commodities
October 28th, 2014
OSB Daily Technical Analysis for October 28, 2014 Gold sold off on Monday but managed to remain above the key $1220 mark. The metal is at a key juncture and possible close below indicates where Gold might be heading ...
Monday October 27: OSB Daily Technical Analysis- Commodities
October 27th, 2014
OSB Daily Technical Analysis for October 27, 2014 Gold closed essentially unchanged on Friday hovering around the $1230 level throughout the trading session. Market remains bearish and close in the $1220-25 region suggests Gold is likely to retest the ...
Fed to stress-test banks with housing scenarios
October 24th, 2014
The Federal Reserve said it will scrutinize how 31 large U.S. banks, including JPMorgan Chase & Co. and Citigroup Inc., would respond to a plunge in equity and housing prices and a sharp downturn in the global economy. The ...
