Search Results for: crude
China’s Stocks Head for Biggest Weekly Gain in Three Years
November 28th, 2014
China’s benchmark stock index headed for its biggest weekly advance in three years on optimism a slide in oil prices will reduce costs for transport companies and the central bank may continue to loosen monetary policy. China Everbright Bank ...
Thursday November 27: OSB Daily Technical Analysis – Commodities
November 27th, 2014
OSB Daily Technical Analysis for November 27, 2014 Tight trading range for Gold on Wednesday which continues to consolidate and bounce around in the $1200 area. Pair likely to remain in the $1210-$1190 band for now. Neutral session for ...
FOREX – Euro dips as Spanish consumer prices fall more than expected
November 27th, 2014
The euro fell against the dollar on Thursday after data showed Spanish consumer prices falling more than expected, firming up expectations that the European Central Bank will have to resort to more aggressive easing of monetary policy. The euro ...
Asia shares edge higher, oil tumbles to four-year low
November 27th, 2014
Asian stocks hit a one-month high on Thursday as investors bet that more central bank stimulus in China and Europe would shore up the global economy, while oil prices tumbled to a four-year low as hopes for output cuts by ...
Technical Analysis: Commodities – Nov 27
November 27th, 2014
Technical Analysis for November 27, 2014 XAU/USD (GOLD) slowly climbing and trading 1197 level now. Over all, XAU/USD still trapped in the last trading range around 1180-1205 level. Although the next target for the higher level is 1240, a ...
Norway’s Krone Declines on OPEC as Dollar Falls on Growth Doubt
November 27th, 2014
The Norwegian krone dropped the most in a month against the dollar and was within 0.6 percent of a five-year low as oil ministers meet in Vienna to discuss output levels. The currency of Europe’s largest crude producer weakened ...
Russia Enacts Russian CFC Bill
November 26th, 2014
On November 18, 2014, the Lower House of Russia’s Parliament, the State Duma, approved at second and third readings Bill No. 630365-6, which would introduce a new controlled foreign corporation (CFC) regime in the country. The new CFC regime ...
Saudi, UAE signal no push for OPEC oil cut
November 26th, 2014
OPEC leader Saudi Arabia and fellow member the United Arab Emirates signalled on Wednesday they were unlikely to push for a major change in oil output at the group’s meeting this week to prop up prices that have collapsed by a ...
Wednesday November 26: OSB Daily Technical Analysis – Commodities
November 26th, 2014
OSB Daily Technical Analysis for November 26, 2014 Gold having difficulty to hold above $1200 mark and close below suggests the market might be ready to start heading lower again. Support below at $1180-85 needs to be broken ...
Technical Analysis: Commodities – Nov 26
November 26th, 2014
Technical Analysis for November 26, 2014 XAU/USD (GOLD) has broken 1205 but still trading sideways around 1180-1205 level for now. Although the next target for the higher level is 1240, a lower leg under 1175 will target 1150 next. ...
