DailyMarkets.com - Indian Central Bank Keeps Rate, CRR Unchanged

---

• Indian Central Bank Keeps Rate, CRR Unchanged
• Crude Oil Aims Higher As Gold Retreats Following Greek Election
• Classic Milton Friedman On The Minimum Wage
• Greece Should Remain In Euro, Respect Commitments – G7
• The Deflating Newspaper Bubble: Most Major U.S. Daily Newspapers Could Be Dead Within Five Years
• Trading Edge Trading And Investing Classes For July 2012
• Former L.A. Cop Calls For Legalizing Drugs, “There’s Not One Metric Showing The Current Policy Works”
• SOLD NUGT @ $12.85

Indian Central Bank Keeps Rate, CRR Unchanged Posted: 18 Jun 2012 01:00 AM PDT     The Reserve Bank of India is keeping its key repo rate and cash reserve ratio (CRR) unchanged, despite expectations for a cut, to dampen inflationary expectations despite the economic slowdown.     Economist had expected the RBI to trim rates after growth in the fourth quarter dropped to a nine-year low. The RBI kept the policy repo rate at 8 percent and the CRR at 4.75 percent.     The RBI acknowledged the pressure for it to lower rates, but said a “further … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Crude Oil Aims Higher As Gold Retreats Following Greek Election Posted: 17 Jun 2012 10:30 PM PDT Talking Points Crude Oil, Copper Aim Higher as Greek Vote Stokes Risk Appetite Gold Retreats as Greek Eurozone Exit Threat Recedes after Election Growth-geared crude oil and copper prices are on the upswing amid a broad-based improvement in risk appetite after a general election in Greece over the weekend produced enough votes for the main pro-bailout New Democracy and Pasok parties to form a coalition government. The outcome downgraded fears of an imminent Greek exit from the Eurozone, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Classic Milton Friedman On The Minimum Wage Posted: 17 Jun 2012 08:56 PM PDT … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Greece Should Remain In Euro, Respect Commitments – G7 Posted: 17 Jun 2012 06:56 PM PDT     STATEMENT ISSUED BY GROUP OF SEVEN (G7) FINANCE MINISTERS:     ”Leaders from the Group of 20, which includes the G7, meet today in Los Cabos, Mexico. Taking note of the Greek elections, we look forward to working with the next government of Greece, and believe that it is in all our interests for Greece to remain in the euro area while respecting its commitments.     “We welcome the commitment of the euro area to work in partnership with the next Greek … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Deflating Newspaper Bubble: Most Major U.S. Daily Newspapers Could Be Dead Within Five Years Posted: 17 Jun 2012 06:44 PM PDT The Newspaper Association of America (NAA) recently released data on newspaper advertising revenue for the first quarter of 2012, and the steep decline continues (see chart above).  Total print advertising in U.S. newspapers dropped to $4.36 billion from January to March, which was 8.2% below the same period last year, and fell to the lowest level of advertising revenue since the third quarter of 1982.  Adjusted for inflation, the advertising expenditures in the first quarter reached … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Trading Edge Trading And Investing Classes For July 2012 Posted: 17 Jun 2012 06:43 PM PDT Get an edge. Increase your knowledge. Join our trading and investing classes! For more information, kindly check out this site … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Former L.A. Cop Calls For Legalizing Drugs, “There’s Not One Metric Showing The Current Policy Works” Posted: 17 Jun 2012 05:55 PM PDT LA Times — “The way former LA cop Stephen Downing sees it, the war on drugs hasn’t reduced drug use and the violence that accompanies it; it’s made matters worse. Law enforcement and the drug lords have been in an arms race for more than 40 years, perpetuating their own existence in a never-ending escalation that has bloated prison budgets and robbed us of funding for education and basic human services. The killing fields hold the bodies of cops, dealers and innocent victims. And still, after … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

SOLD NUGT @ $12.85 Posted: 17 Jun 2012 04:18 PM PDT I sold my position in Direxion Gold Miners Bull 3X ETF (NUGT) at $12.85 right at the close of last Friday’s trading session, booking a 9.8% gain. This brought my cumulative % gain since mid-March up to 95.1% – nearly neutralizing my staggering cumulative 97.7% loss with TVIX, also in mid-March. And my 2012 trading record now includes 18 wins 2 losses and 3 trades still open. That’s a batting average around 90% and I really don’t expect to be able to do much better anytime soon. My TSI … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610