DailyMarkets.com - Economist On The Street: Cental Bank Non-action

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• Economist On The Street: Cental Bank Non-action
• ECB Sharpening Its Tools To Bring Down Bond Yields
• Wall Street Falls On Draghi’s Promises
• Central Bank News Link List – Aug 2, 2012

Economist On The Street: Cental Bank Non-action Posted: 02 Aug 2012 09:37 AM PDT 08/02/12 Meridian Equity Partners’ Stephen Guilfoyle weighs in on ECB’s disappointing non-action and the outlook for the Euro zone. Expectations for the July jobs report are also … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

ECB Sharpening Its Tools To Bring Down Bond Yields Posted: 02 Aug 2012 08:44 AM PDT     The European Central Bank (ECB) is in the final stages of deciding which tools it may use to bring down the exceptionally high interest rates that some of the euro zone member states, such as Spain and Italy, are paying to sell their sovereign bonds.      In a press conference following the bank’s decision to maintain its benchmark refinancing rate at 0.75 percent, ECB President Mario Draghi laid out his arguments to explain to fiscal hawks in Europe why the ECB was … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Wall Street Falls On Draghi’s Promises Posted: 02 Aug 2012 03:32 AM PDT 08/02/12 US equity markets tracked European bourses into negative territory. The ECB left rates unchanged, and held off from taking immediate … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Aug 2, 2012 Posted: 02 Aug 2012 06:46 AM PDT     Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news. China key money rate rises as central bank drains funds (Reuters) China’s central bank makes economic growth a top priority (WSJ) Kazakh key rate hits historic low as … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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