Search Results for: US Dollar
Tuesday October 21: OSB Daily Technical Analysis- Commodities
October 21st, 2014
OSB Daily Technical Analysis for October 21, 2014 Gold rallied higher on Monday hitting resistance at the $1250 area. The close just beneath this price suggests a retest and possible close above in the next several sessions. A close ...
Japan Stocks Surge
October 20th, 2014
Japan’s Nikkei share average surged 3.3 percent on Monday and was on track to post its biggest daily rise in more than a year as investors took heart from upbeat U.S. data and as the weaker yen lifted exporters such as Toyota Motor ...
China Credit Growth Climbs as Targeted Easing Kicks In
October 16th, 2014
China’s broadest measure of new credit rose to a three-month high in September as the central bank’s targeted measures to boost liquidity helped spur lending. Aggregate financing was 1.05 trillion yuan ($171 billion), the People’s Bank of China said ...
European stocks open higher
October 16th, 2014
European stocks are opening higher and Bund yields are moving up from record lows as investors bet the latest risk asset sell-off is overdone. Tokyo’s Nikkei 225 equity gauge fell 2.2 per cent after Asia inherited news of a ...
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 ...
Citi pulls out of consumer banking in 11 countries, profit jumps
October 15th, 2014
Citigroup Inc said it is pulling out of consumer banking in 11 markets, including Japan and Egypt, as the U.S. bank with the biggest international business looks to cut persistently high costs. The third-largest U.S. bank, built with a ...
Wednesday October 15: OSB Daily Technical Analysis- Currency pairs
October 15th, 2014
OSB Daily Technical Analysis for October 15, 2014 EUR/USD declined on Tuesday and got back in line with general longer term trend testing support at the 1.2640 area. Pair likely to test recent lows at the 1.25 area. A ...
Oil prices tumble 4% on demand outlook
October 15th, 2014
Crude oil prices tumble again on lower demand; gas prices to follow. Another slump in crude oil prices pummeled the energy sector on Tuesday. Benchmark West Texas sank 4% to $82.32 a barrel – a 28-month low – while ...
Venezuela ordered to pay $1.6 billion to Exxon
October 10th, 2014
International arbitration panel rules against South American nation in oil project complaint. An international arbitration panel has ordered Venezuela’s socialist government to pay $1.6 billion to ExxonMobil for the seizure of a major oil project in the South American ...
