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Greek PM Tsipras faces Merkel amid race to detail reforms

March 23rd, 2015 (0)
As government officials scramble to draft a list of detailed reforms in line with demands by the country’s international creditors, Greek Prime Minister Alexis Tsipras is due in Berlin on Monday for crucial talks with German Chancellor Angela Merkel ...

Monday March 23: OSB Commodities & Equity Indices Cheat Sheet & Key Levels

March 23rd, 2015 (0)
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for March 23. Gold Open 1170.40, High 1187.40, Low 1167.90, Close 1184.60, 1.33% Change. Silver Open 16.13, High 16.89…View table below

Monday March 23: OSB G10 Currency Pairs Cheat Sheet & Key Levels

March 23rd, 2015 (0)
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for March 23. EURUSD Open 1.0659, High 1.0882, Low 1.0649, Close 1.0817, 1.48% Change. GRBUSD Open 1.4750, High 1.4988… View table below

China’s Consumption Transition

March 20th, 2015 (0)
A standard pattern of long-term economic development is that a country goes through a period of higher savings and investment, along with correspondingly lower consumption levels. After the growth spurt, consumption levels rise again. For illustration, here’s a figure ...

Lloyds sells 50% of TSB to Spain’s Sabadell bank

March 20th, 2015 (0)
Catalan bank buying TSB for £1.7bn is one of few banks to emerge stronger from financial crisis in Spain TSB has agreed a £1.7bn takeover by Spain’s Banco de Sabadell, with Lloyds Banking Group selling its 50% stake in the UK ...

Europe shares higher; Tullow Oil up 4%

March 20th, 2015 (0)
European equities edged higher in the last trading session of the week, as investors reacted to individual stocks news amid hopes of further accommodative policy by global central banks. Tullow Oil gains The pan-European Euro Stoxx 600 index was slightly higher, ...

The Role of Securitization in Dealing with the Banking Problems

March 20th, 2015 (0)
One of the main problems that our banking sector is facing is obviously the incredibly excessive amount of non-performing loans (NPLs) on our banks’ balance sheets that reached almost 50% (about €28 billion) of their total loan portfolio! A ...

Apple adds presure to the Dow Jones

March 20th, 2015 (0)
Apple (AAPL) is dragging down the Dow on its first day in the famed average – probably not what investors expected. Shares of the digital gadget maker are down 59 cents, or 0.5%, to $127.90 – adding pressure to the ...

Secrets ending for Swiss bank accounts

March 20th, 2015 (0)
European tax evaders might soon have to hide their cash in mattresses instead of secret Swiss bank accounts. Switzerland has agreed to start sharing financial information with the European Union, making it much harder for Europeans to hide wealth ...

Greece to draft new reform plan within days – EU leaders

March 20th, 2015 (0)
EU leaders say Greece has agreed to come up with a new reform plan within days to secure the additional bailout funds required to prevent bankruptcy. The development came after marathon talks between Greek PM Alexis Tsipras, German Chancellor ...
Broker Cyprus TopFX