DailyMarkets.com - Central Bank News Link List – July 24, 2012

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• Central Bank News Link List – July 24, 2012
• Barclays Libor Scandal: Naming Names
• Hungary Leaves Interest Rate Unchanged At 7%
• Commodities Outlook Clouded As Risk Trends Weigh Competing Forces

Central Bank News Link List – July 24, 2012 Posted: 24 Jul 2012 05:40 AM PDT     Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list is updated during the day with the latest news about central banks so readers don’t miss any important developments. Uruguay raises reserve requirements due inflation (Reuters) New BOJ board member: may need new easing approach on deflation … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Barclays Libor Scandal: Naming Names Posted: 24 Jul 2012 05:38 AM PDT When battling wildfires, firefighters will very often scorch the earth and sacrifice acreage and property as a defensive mechanism against the wildfire taking over and destroying even more valued territory. As I review recent developments in the scandalous Libor "wildfire," a mental image of that defensive strategy runs through my head. Why is that? With news of pending arrests in this case, we awake this morning to see a number of individual names released by The Wall Street Journal as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hungary Leaves Interest Rate Unchanged At 7% Posted: 24 Jul 2012 05:17 AM PDT     Hungary’s central bank left its central base rate unchanged at 7.0 percent, as expected.     In a statement, the Magyar Nemzeti Bank did not provide any further details, but the bank president will address a news conference later in the day.     Hungary’s government started talks last week with the International Monetary Fund and the European Union on financial aid. The talks had been held up due to concern over laws that threatened the independence of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Commodities Outlook Clouded As Risk Trends Weigh Competing Forces Posted: 24 Jul 2012 02:32 AM PDT Talking Points Crude Oil, Copper to Track Stocks as Risk Trends Look for Direction Gold and Silver Continue to Find Link to Sentiment Via the US Dollar Commodity prices are showing mixed results in early European trade as traders weigh competing catalysts on the economic data and Eurozone debt crisis fronts. July'sflash estimates of Eurozone PMI figures hinted the pace of contraction in region-wide manufacturing- and service-sector activity maybe stabilizing. A similar result is expected … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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