Friday, August 24, 2012

DailyMarkets.com - Unconventional Monetary Policy Works So Far – BIS Paper

DailyMarkets.com - Unconventional Monetary Policy Works So Far – BIS Paper


Unconventional Monetary Policy Works So Far – BIS Paper

Posted: 24 Aug 2012 08:18 AM PDT

   Central banks have been successful in boosting economic activity and avoiding deflation by resorting to unconventional monetary policies after the eruption of the global financial crises in 2008, according to a study released by the Bank for International Settlements (BIS).
    While other studies have reached similar conclusions, the BIS working paper stands out because it specifically includes data from most advanced economies and exclusively focuses on the period … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Tropical Storm Isaac Keeps Natural Gas Traders On Alert

Posted: 24 Aug 2012 08:16 AM PDT

Friday, August 24, 2012
Natural Gas prices may become more volatile in the coming weeks, as we move closer to the heart of the Atlantic hurricane season in September. A “weather” premium may be imbedded in prices, as many bearish traders are having a difficult time moving the October futures below 2.720, though a move above major resistance at 3.000 may be difficult unless we see a long-term shutdown of Gas production in the Gulf of Mexico due to storm damage.
Fundamentals
Natural Gas futures … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Stocks Reverse Weakness, Durable Goods Top Estimates

Posted: 24 Aug 2012 08:13 AM PDT

08/24/12 Wall Street turned higher after a negative open. US durable goods orders gained 4.2% in July, boosted by strength in auto and aircraft … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


European Shares, Euro Extend Losses On Debt Concerns

Posted: 24 Aug 2012 02:34 AM PDT

08/24/12 Global equities were lower Friday morning following reports suggesting the ECB may refrain from finalising a bond-buying plan before Germany’s court verdict on the euro zone bailout … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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