Thursday, July 5, 2012

DailyMarkets.com - Oil, Gold To Follow Stocks’ Response To ECB And BOE Rate Decisions

DailyMarkets.com - Oil, Gold To Follow Stocks’ Response To ECB And BOE Rate Decisions


Oil, Gold To Follow Stocks’ Response To ECB And BOE Rate Decisions

Posted: 05 Jul 2012 12:00 AM PDT

Talking Points

Crude Oil, Copper to Rise if BOE and ECB Rate Decisions Boost Risky Assets
Gold and Silver May Advance if Stimulus Sinks Haven Demand for US Dollar

European monetary policy is in focus today with the European Central Bank and the Bank of England both due to deliver interest rate announcements. The ECB is expected to cut its benchmark lending rate to a record-low 0.75 percent while the BOE is seen boosting asset purchases by £50 billion. A recession in Europe represents the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Central Bank News Link List – July 5, 2012

Posted: 04 Jul 2012 06:12 PM 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.

Bank of Uganda reduces central bank rate to 19% (The Independent)
Draghi, King may delve deeper into zero-rate world today (Bloomberg)
Bank of England to restart printing presses as outlook dims (Reuters)
Will Bank Indonesia’s benchmark rate jump … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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