Search Results for: Oil price
Steep Sell-Off Spreads Fear to Wall Street
October 16th, 2014
Dizzied by the turmoil, Wall Street experts agreed on one thing: The jarring day showed that fear had finally returned to markets that had become disconcertingly complacent. Waves of nervous selling buffeted the stock market in the United States ...
Central bankers may have no quick fix as markets swoon, economy weakens
October 16th, 2014
Global central bankers, eager to see the economy stand on its own feet, faced the rude reality this week of market turmoil threatening already faltering growth and prolonging world reliance on easy money. Stocks slumped again on Wednesday pushing ...
Thursday October 16: OSB Daily Technical Analysis- Commodities
October 16th, 2014
OSB Daily Technical Analysis for October 16, 2014 Gold break out above $1240 on Wednesday finding resistance at $1250. Gold is likely to attempt a rally from here possibly to the $1275 level in the medium term. Higher volatility ...
Wednesday October 15: OSB Daily Technical Analysis- Commodities
October 15th, 2014
OSB Daily Technical Analysis for October 15, 2014 Gold rally stalled just shy of the $1240 mark on Tuesday and turned back to sell off finding support at $1231. Gold is likely to consolidate in this area and grind ...
Tuesday October 14: OSB Daily Technical Analysis- Commodities
October 14th, 2014
OSB Daily Technical Analysis for October 14, 2014 Gold Positive day for Gold which managed to climb above the 20 DMA and make a high at $1237. Gold is likely to test $1240 resistance level. A close above this ...
Gold – Eyes on Previous Key $1240 Level
October 14th, 2014
Gold for Tuesday, October 14, 2014 For the last few weeks Gold has enjoyed solid support at $1215 after falling strongly a couple of weeks ago from $1240 to just below $1215, however a couple of weeks ago it ...
Australia 200 – Threatening to Return to 5000
October 14th, 2014
Australia 200 for Tuesday, October 14, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
New Chinese coal import tax causes disaster for Australian miners
October 14th, 2014
China’s bombshell decision to impose tariffs on coal imports could prove to be the tipping point for Australian miners already struggling to stay afloat. The move by the economic powerhouse to introduce the new duty of between 3% and ...
Monday October 13: OSB Daily Technical Analysis- Commodities
October 13th, 2014
OSB Daily Technical Analysis for October 13, 2014 Gold traded in a tight range of Friday managing to find support at the $1220 level which now appears to be a base support area. Bounce poised to continue with a ...
Australia 200 – Falls to Eight Month Low Near 5150
October 10th, 2014
Australia 200 for Friday, October 10, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
