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ECB President Draghi says that the Eurozone Is Facing ‘A Long Period Of Weakness’

January 2nd, 2015 (0)
The eurozone faces a growing risk of unstable prices, the head of the European Central Bank said in an interview published Friday, at a time when concerns are mounting the bloc could slip into deflation. “The risk that we ...

Warning issued by CONSOB for not authorised firms offering investment services

January 2nd, 2015 (0)
The supervisory authority of Italy CONSOB has issued a report warning for the following companies offering investment services without the required authorisation. the company Ftradition Ltd is not authorised to provide investment services and business in Italy in any ...

Friday December 02: OSB Daily Technical Analysis – Indices

January 2nd, 2015 (0)
OSB Daily Technical Analysis for December 02, 2014 The S&P 500 closed the final trading session of the year on a negative note despite having had a very good year characterised by a plethora of all time highs. Market ...

Friday January 2: OSB Daily Technical Analysis – Commodities

January 2nd, 2015 (0)
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 ...

Friday January 2: OSB Daily Technical Analysis – Currency pairs

January 2nd, 2015 (0)
OSB Daily Technical Analysis for January 2, 2015 EURUSD hit new two year lows on the last trading session of the year. Market now almost at the bottom of its longer term range of 1.40-1.20. A break beneath the ...

Dollar Extends Rally on Fed View; Euro Slumps to Two-Year Low

January 2nd, 2015 (0)
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 – Indices

December 31st, 2014 (0)
OSB Daily Technical Analysis for December 31, 2014 The S&P 500 sold off briefly on Tuesday giving up much of the gains from the previous session. Market appears to be well supported in the 2080 area with bias to ...

Wednesday December 31: OSB Daily Technical Analysis – Commodities

December 31st, 2014 (0)
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 ...

Wednesday December 31: OSB Daily Technical Analysis – Currency pairs

December 31st, 2014 (0)
OSB Daily Technical Analysis for December 31, 2014 EURUSD made a new yearly low on Tuesday showing no signs of a bottom as of yet. Subsequent bounce found resistance at 1.2187 suggesting further pushback in the 1.22 area. Trading ...

Fund board severs ties with Thibeault after arrest

December 31st, 2014 (0)
Alt fund manager accused of creating fictitious loans no longer has access to the GL Beyond Income Fund The small financial services empire of Daniel Thibeault, a well-known asset manager who was arrested earlier this month on charges of ...
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