Search Results for: brokers
Eurozone business activity grew at a slightly faster rate in December
December 16th, 2014
Eurozone business activity grew at a slightly faster rate in December, but the pace of expansion was still one of the weakest seen over the past year. The Markit Eurozone PMI (purchasing managers’ index) rose from November’s 16-month low ...
LMAX Exchange gives access to low latency, non ‘last look’ trading
December 16th, 2014
UK-based technology firm, LMAX Exchange, today announced the launch of a matching engine in the Equinix IBX Data Centre in Tokyo (TY3). This will give brokers, asset managers, funds and banks in Asia Pacific access to LMAX Exchange at ...
Brent below $60: Prepare for ‘dramatic’ investment cuts
December 16th, 2014
Brent crude prices fell below $60 per barrel for the first time since July 2009 on Tuesday, prompting analysts to warn of a “dramatic” cut in investment – which could hit future supply. Brent for January delivery was trading ...
Chinese Official: Bitcoin Can ‘Co-exist’ with Fiat Currencies
December 16th, 2014
A former vice-governor of China’s central bank, Wu Xiaoling, has said that digital currencies like bitcoin “could co-exist with fiat currencies”. Wu, who is currently a member of National People’s Congress Standing Committee and a vice-chairperson of the Financial ...
Russia’s ruble rout rattles emerging markets
December 16th, 2014
Russia’s currency rout has sent a shudder through global markets and the sell-off is spreading to other emerging markets. The Russian ruble plunged about 12% Monday, while the Indonesian rupiah fell to its lowest level since the 1997 Asian ...
DGCX Gold Futures climb 22 per cent in November
December 16th, 2014
November volumes on the Dubai Gold and Commodities Exchange (DGCX) grew 19 per cent from the same period last year, trading 981,925 contracts, valued at $28.5 billion. DGCX’s flagship contract, Gold Futures traded 46,066 contracts in November, recording a ...
Oil plumbs depths as OPEC refuses to blink
December 16th, 2014
A modest rebound by oil futures gave way to fresh selling Monday, clearing the way for a new round of lows after the Organization of the Petroleum Exporting Countries offered no indication it’s ready to blink and cut production. ...
Tuesday December 16: OSB Daily Technical Analysis – Indices
December 16th, 2014
OSB Daily Technical Analysis for December 16, 2014 S&P rallied in the early session on Monday however failed to hold onto its gains breaking below the 2000 level making a new monthly low. The S&P now sitting below its ...
Tuesday December 16: OSB Daily Technical Analysis – Commodities
December 16th, 2014
OSB Daily Technical Analysis for December 16, 2014 Gold sold off heavily on Monday breaking beneath the 20 and 50 DMA’s and the key $1200 level. Golds price action suggests upside is capped at the $1220-30 area for now ...
Tuesday December 16: OSB Daily Technical Analysis – Currency pairs
December 16th, 2014
OSB Daily Technical Analysis for December 16, 2014 EURUSD attempt to rally ran into resistance at 1.2485 area. Clearance of this level extends to 1.25 handle. On the downside support 1.2410-25 just beneath the 20 DMA appers to be ...
