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Monday December 8: OSB Daily Technical Analysis – Commodities
December 8th, 2014
OSB Daily Technical Analysis for December 8, 2014 Gold sold off yet again on Friday breaking below the $1200 level and the 20 and 50 DMA’s. The area remains volatile with gold likely to trade in the general vicinity ...
Monday December 8: OSB Daily Technical Analysis – Currency pairs
December 8th, 2014
OSB Daily Technical Analysis for December 8, 2014 EURUSD closed below the 1.23 handle for the first time since August 2012 on Friday. Downside support extends at 1.2230-50 area although a bounce back above into 1.2350 resistance area likely. ...
Shanghai Composite Index Breaks 3,000 for First Time Since 2011
December 8th, 2014
China’s Shanghai Composite Index surpassed 3,000 for the first time since 2011 and a gauge of the nation’s biggest companies headed for a record winning streak on optimism shares will extend their world-beating rally. Citic Securities Co. and Haitong Securities Co., ...
Commodity Benchmarks Seen Open to Manipulation, Law Firm Says
December 8th, 2014
Almost two-thirds of commodity market participants say that benchmarks used to set the price of everything from crude oil to ethanol to zinc are vulnerable to manipulation, according to a new study. The report, to be published today by ...
Technical Analysis: Indices – Dec 08
December 8th, 2014
Technical Analysis for December 08, 2014 SPX tried to break 2080 level and traded around that level for now. A higher break from this level will target 2100 next but a lower break under 2060 will target 2040 next ...
Technical Analysis: Commodities – Dec 08
December 8th, 2014
Technical Analysis for December 08, 2014 XAU/USD breaks lower under 1200 to 1190 level for now. Another lower break might retouch 1175 level. A lower movement under 1175 will target last low around 1145 level once again and a ...
How Did Germany Limit Unemployment in the Recession?
December 8th, 2014
Here’s a puzzle: During the Great Recession, the total contraction in economic output was noticeably larger in Germany than in the United States, but the rise in the unemployment rate was noticeably higher in the United States than in ...
Technical Analysis: Currency pairs – Dec 08
December 8th, 2014
Technical Analysis for December 08, 2014 EUR/USD moves lower once again crossing the last bottom line. The next target will be 1.225 and once it breaks that level it will target 1.2 for the long term. A reversal to ...
Business lobby warning on chancellor’s new ‘Google tax’
December 5th, 2014
The chancellor wants multinationals to pay their “fair share” of tax The Confederation of British Industry has warned over Chancellor George Osborne’s plans for the UK to “go it alone” on corporate tax reform. The Organisation for Economic Cooperation ...
7 risk areas for the 2014 audit cycle
December 5th, 2014
Revenue recognition, internal control over financial reporting, and professional skepticism are among the seven key areas for 2014 audit consideration, according to an alert sent Thursday by the Center for Audit Quality (CAQ). The alert is designed to help ...
