DailyMarkets.com - Can India Cool Off Gold Bears?

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• Can India Cool Off Gold Bears?
• Philippines Cuts Rate 25 Bps To 3.5% On ‘benign’ Inflation
• US Stocks Gain At Open, Turn Lower In Midday Trade
• Risk Appetite Strong As Dollar Up & Yen Down On Bank Of Japan Easing Talks
• Stocks Up, Durable Goods Rise, & Yen Drops On Bank Of Japan Talks

Can India Cool Off Gold Bears? Posted: 25 Oct 2012 09:18 AM PDT Thursday, October 25, 2012 Gold bulls are hoping the beginning of the festival season in India can help stem the tide of selling pressure facing the market this month. Gold futures are down over $80 for the month, as earnings season has taken a toll on both equity and commodity prices. Technically, failure to break the $1800 mark is also pressuring the market. Fundamentals Gold futures have been stuck in a rut in recent weeks, as fears of slower growth have overtaken inflation concerns. The … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Philippines Cuts Rate 25 Bps To 3.5% On ‘benign’ Inflation Posted: 25 Oct 2012 08:59 AM PDT     The central bank of the Philippines cut its key policy rate by 25 basis points to 3.50 percent, as expected by many economists, as low inflation gave Bangko Sentral ng Pilipinas (BSP) room to strengthen domestic activity while global economic prospects continue face considerable headwinds.     BSP described the inflationary environment as “benign,” saying forecasts indicate that inflation will remain on target from this year to 2014 and the risks to inflation are … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

US Stocks Gain At Open, Turn Lower In Midday Trade Posted: 25 Oct 2012 08:57 AM PDT 10/25/12 Wall Street opened higher on improved risk appetite. US economic data releases topped estimates. The equity averages turned lower by midday … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Risk Appetite Strong As Dollar Up & Yen Down On Bank Of Japan Easing Talks Posted: 25 Oct 2012 03:24 AM PDT 10/25/12 The dollar and euro were higher against the Japanese yen Thursday morning following strong U.S. jobs and goods data. Also, the yen was lower on speculation the Bank of Japan may look to ease monetary policies next … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stocks Up, Durable Goods Rise, & Yen Drops On Bank Of Japan Talks Posted: 25 Oct 2012 08:07 AM PDT 10/25/12 Global stocks were in the green Thursday morning following strong global data. Meanwhile, the Japanese yen fell on monetary easing speculation and U.S. durable goods impressed to rise near … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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