DailyMarkets.com - Central Banks Supply Safe Havens In Volatile Times – BIS

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• Central Banks Supply Safe Havens In Volatile Times – BIS
• Global Stocks Jump As EU Worries Ease, Earnings Impress
• Euro Rebounds On ECB Statements
• With U.S. GDP Of $15T, Many Large Metro Areas Have Larger Economies Than Entire Countries

Central Banks Supply Safe Havens In Volatile Times – BIS Posted: 25 Jul 2012 08:30 AM PDT     Central banks in emerging markets tend to push down global bond yields, including those of  U.S. treasuries, when financial markets are calm, but when market volatility spikes the process goes into reverse as banks sell their safe assets, providing liquidity to jittery investors, according to a working paper from the Bank for International Settlements (BIS).     Global bond yields decline because central banks in emerging markets respond to capital inflows into … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Global Stocks Jump As EU Worries Ease, Earnings Impress Posted: 25 Jul 2012 03:03 AM PDT 07/25/12 Global stocks were trading higher Wednesday morning as EU debt concerns eased on strong earnings and reports of talks to increase easing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Rebounds On ECB Statements Posted: 25 Jul 2012 07:37 AM PDT 07/25/12 The euro has rallied Wednesday morning after an ECB policymaker said he could see grounds for giving the euro zone bailout fund a banking … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

With U.S. GDP Of $15T, Many Large Metro Areas Have Larger Economies Than Entire Countries Posted: 25 Jul 2012 06:24 AM PDT From the WSJ: Inside the $15 trillion machine that is U.S. economy are dozens of metropolitan economies, from New York to Honolulu, that are the real pistons and gears of U.S. growth and prosperity. So how do those individual economies stack up against the world? Take the quiz below, and for answers see this chart. 1. New York has the highest Gross Metropolitan Product (GMP) of any U.S. metropolitan area — $1.287 trillion. That is bigger than the GDP of all but how many countries (not … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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