DailyMarkets.com - Central Bank News Link List – Sept 28, 2012: China Underestimated Global Slowdown, Key To Rates

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• Central Bank News Link List – Sept 28, 2012: China Underestimated Global Slowdown, Key To Rates
• Dominican Republic Holds Rate, Eyes Economic Rebound
• Hot Option Plays: Nike On The Move
• Stocks Surge On Spain And China
• Obama On Chris Stevens, UN’s Role In Middle East Cooperation
• Stock Prices Vs. Durable Goods Orders: Disconnected
• Campbell’s Soup To Shutter Oldest US Plant
• Friday Beckons New Month And Quarter

Central Bank News Link List – Sept 28, 2012: China Underestimated Global Slowdown, Key To Rates Posted: 27 Sep 2012 05:07 PM 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 underestimated global slowdown, key to rates-c.bank adviser (Reuters) Czech central bank chief sees more rate cuts, currency intervention (WSJ) Congo central bank lowers benchmark rate to 6% … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Dominican Republic Holds Rate, Eyes Economic Rebound Posted: 27 Sep 2012 04:37 PM PDT     The Central Bank of the Dominican Republic kept its monetary policy rate unchanged at 5.0 percent as domestic demand remains below its long-term trend, but the bank expects a rebound in private credit and economic activity as market interest rates decline following two interest rate cuts earlier this year.     The central bank cut rates in June and August for a total reduction of 125 basis points and the bank said this easing, along with a reorganization of public … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hot Option Plays: Nike On The Move Posted: 27 Sep 2012 03:17 PM PDT Cusick’s Corner 09-27-2012 Watching a few of the initial reactions on some earnings names has been enlightening. Nike, NKE, announced a beat on earnings and revenue. NKE popped to $98 and as I write this, it’s trading at $92. The estimated 1 day move priced into the number was $4 (inferred by current options prices — I used the Sept weekly straddle & strangle/2). Now the dip after the initial beat could be attributed to a low number of estimated future orders, but the point is that the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stocks Surge On Spain And China Posted: 27 Sep 2012 09:44 AM PDT 09/27/12 Stocks did hold on to gains Thursday after Spain unveiled its economic reform plans and China’s government providing additional stimulus. Also, Google hits an all-time high and Sealy gets bought … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Obama On Chris Stevens, UN’s Role In Middle East Cooperation Posted: 27 Sep 2012 09:38 AM PDT 09/27/12 In his remark to the UN General Assembly, President Obama remembers American Chris Stevens and the international cooperation that the United Nations … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stock Prices Vs. Durable Goods Orders: Disconnected Posted: 27 Sep 2012 01:48 PM PDT Over the past two decades, whenever the year-on-year trend of durable goods new orders has been falling and subsequently drops below -5%, stock prices have generally followed suit — except recently. One reason why things are different this time, of course, is the Fed’s program of quantitative easing, which is helping to keep stock prices propped up despite a deteriorating fundamental outlook. Looked at another way, the current Wall Street-Main Street disconnect could be seen as further proof … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Campbell’s Soup To Shutter Oldest US Plant Posted: 27 Sep 2012 11:01 AM PDT 09/27/12 Campbell’s Soup plans to close two of its plants and slash over 700 jobs. The Camden, NJ-based company aims to cut costs, diversify its offerings and rebrand … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Friday Beckons New Month And Quarter Posted: 27 Sep 2012 08:33 AM PDT 09/27/12 The global economic calendar is packed on Friday, as the month and quarter draw to a … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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