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Japan PM to seek fresh mandate for ‘Abenomics’ with snap poll

November 18th, 2014 (0)
Japanese Prime Minister Shinzo Abe said on Tuesday that he would call an early election to seek a fresh mandate for his economic policies, and postpone an unpopular sales tax rise, a day after data showed the economy had slipped back ...

Apple Told to Pay $23.6 Million Over Pager Technology

November 18th, 2014 (0)
Apple Inc. (AAPL) was told to pay a Texas company $23.6 million after a jury found its iPhone and other devices used pager technology from the 1990s without permission. Six patents owned by Mobile Telecommunications Technologies LLC are valid and ...

Tuesday November 18: OSB Daily Technical Analysis – Indices

November 18th, 2014 (0)
OSB Daily Technical Analysis for November 18, 2014 Consolidation day for the S&P 500 without much real direction. Market likely to grind away at this level as it gathers strength for a move higher. A close above recent high ...

Tuesday November 18: OSB Daily Technical Analysis – Commodities

November 18th, 2014 (0)
OSB Daily Technical Analysis for November 18, 2014 Failure to sustain upside momentum and resistance at the key $1200 area. Formation of shooting star candle suggests some indecisiveness. Likely to retest resistance above. Failure of a clean break out ...

Tuesday November 18: OSB Daily Technical Analysis – Currency pairs

November 18th, 2014 (0)
OSB Daily Technical Analysis for November 18, 2014 Attempts to close above the 20 DMA failed. Pair looking to bounce higher. Further consolidation and retesting of 1.25 area. A close above extends to 1.2635. Selling pressure continues to push ...

Lufthansa signs $1.25 billion outsourcing deal with IBM

November 18th, 2014 (0)
IBM (IBM.N) has won an outsourcing contract from Germany’s Lufthansa (LHAG.DE) worth 1 billion euros ($1.25 billion) that will see the U.S. company take over the airline’s information technology infrastructure services division and staff. The move is part of ...

Weidmann: “Government bond purchases harbour major moral hazard”

November 18th, 2014 (0)
Bundesbank President Jens Weidmann has spoken out against possible plans to expand the Eurosystem’s balance sheet by way of government bond purchases on the part of the euro-area central banks. “Such purchases might create new incentives to run up debt, ...

HKEx celebrates the launch of Shanghai-Hong Kong Stock Connect

November 18th, 2014 (0)
Hong Kong Exchanges and Clearing Limited (HKEx) hosted a ceremony at its Exhibition Hall today to celebrate the successful launch of Shanghai-Hong Kong Stock Connect with about 500 guests and journalists. The Chief Executive of the Hong Kong Special ...

Technical Analysis: Indices – Nov 18

November 18th, 2014 (0)
Technical Analysis for November 18, 2014 SPX still trading around 2020-2050 level and the next support could be seen around 2015 level and a break higher than 2050 will bring the price even higher. No big movement expected for ...

Technical Analysis: Commodities – Nov 18

November 18th, 2014 (0)
Technical Analysis for November 18, 2014 XAU/USD (GOLD) stucked in 1175- 1195 trading range and still moving sideways for now. A higher break to 1200 level will target 1205 next and bring the trend to a bull trend. A lower ...
Broker Cyprus TopFX