DailyMarkets.com - National Bank Of Angola Cuts Rate 25bps To 10.25%

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• National Bank Of Angola Cuts Rate 25bps To 10.25%
• Bank Of Albania Cuts Interest Rate 25bps To 4.50%
• Risk On Traders Just Cant Take Their Eyes Off The Aussie Dollar

National Bank Of Angola Cuts Rate 25bps To 10.25% Posted: 28 Jan 2012 03:02 PM PST The Banco Nacional de Angola (BNA) cut its new benchmark monetary policy interest rate by 25 basis points to 10.25% from 10.50% previously.  The BNA said: “Keeping in mind the analysis of macroeconomic indicators, which includes recent developments and prospects of the Angolan economy and internationally, the Monetary Policy Committee decided to reduce the BNA Basic Interest Rate – Rate BNA, to 10.25%.”  The next meeting of the Monetary Policy Committee will take place … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bank Of Albania Cuts Interest Rate 25bps To 4.50% Posted: 28 Jan 2012 02:43 PM PST The Bank of Albania cut its main monetary policy interest rate a further 25 basis points to 4.50% from 4.50% previously.  The Bank said: “in the Supervisory Council assessment, inflationary pressures remain controlled over the monetary policy relevant horizon. Moreover, economic agents’ expectations on inflation remain anchored to the Bank of Albania’s target band. At the conclusion of discussions, the Supervisory Council decided to cut the key interest rate by 0.25 percentage … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Risk On Traders Just Cant Take Their Eyes Off The Aussie Dollar Posted: 28 Jan 2012 04:59 AM PST We think the Aussie dollar (ETF FXA) is back up to levels that will attract sellers. It is due for another punch down. The risk on traders cant stop looking at this chart. There is maybe one more week of good news to wash out for the bulls, and after next weeks employment report, expect bearish news reports about Greece defaults looming in March. The bulls will cash in easy won pumped up on low volume profits. Keep and eye on the curves of the Aussie dollar, don’t look for any intelligent … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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