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G-20 Plans $2 Trillion Growth Boost to Uneven Global Economy
November 17th, 2014
Group of 20 leaders agreed to take measures that would boost their economies by a collective $2 trillion by 2018 as they battle patchy growth and the threat of a European recession. Citing risks from financial markets and geopolitical ...
Sydney Yuan Hub Seen Saving Importers 7% in Trading: Currencies
November 17th, 2014
Australian importers are in line for a windfall as speculation grows that Chinese President Xi Jinping will use his visit to the country this week to anoint Sydney as a yuan trading center. The ability to exchange Australian dollars ...
ASIC proposes to cut red tape and encourage more electronic disclosure
November 14th, 2014
ASIC is seeking feedback on proposals to make it easier for businesses to deliver financial services disclosures electronically while preserving choice for consumers. Our proposals also encourage the use of more innovative formats for Product Disclosure Statements. ASIC today ...
Bubble Bobble – blowing and bursting bubbles
November 14th, 2014
Those of you that grew up in the mid 80’s might remember the pre-internet/smartphone era when playing electronic games involved leaving your home and physically going to an amusement park or arcade. This usually meant having to put metal ...
Oracle, SAP settle long-running TomorrowNow lawsuit
November 14th, 2014
Oracle Corp and SAP SE have settled long-running copyright litigation for $356.7 million over improper downloads of Oracle files, ending a fierce legal battle between the two enterprise software rivals. The case involved SAP’s TomorrowNow unit, which the German company bought to ...
Twitter Debt Rated as Junk
November 14th, 2014
Twitter Inc. ’s debt was rated as junk on Thursday by Standard & Poor’s Ratings Services, a sobering grade that comes a day after executives of the social media service tried to reassure skeptics on Wall Street of its long-term ...
Friday November 14: OSB Daily Technical Analysis – Indices
November 14th, 2014
OSB Daily Technical Analysis for November 14, 2014 S&P 500 Long legged doji in the S&P 500 on Thursday spelling indecision and a pause for breath after the recent run up in price. Support below at 2025. Consolidation and ...
Friday November 14: OSB Daily Technical Analysis – Commodities
November 14th, 2014
OSB Daily Technical Analysis for November 14, 2014 Gold seen testing support at the $1150 area on Thursday. Bears in full control of this market and likely to push this market lower. A break of support and close below ...
Friday November 14: OSB Daily Technical Analysis – Currency pairs
November 14th, 2014
OSB Daily Technical Analysis for November 14, 2014 EUR/USD failed again to climb back above 1.25 resistance. A close above this level is needed give bulls a chance to regain some upside momentum. More consolidation likely. A close below ...
Technical Analysis: Indices – Nov 14
November 14th, 2014
Technical Analysis for November 14, 2014 SPX The uptrend from SPX remains intact and it shows no sign for a major change. The last bear movement in the chart still in trading range around 2020-2050 level and the next support ...