Friday, October 26, 2012

DailyMarkets.com - Cardillo: “Earnings Season: All Singing To Same Tune”

DailyMarkets.com - Cardillo: “Earnings Season: All Singing To Same Tune”

Cardillo: “Earnings Season: All Singing To Same Tune”

Posted: 26 Oct 2012 11:00 AM PDT

10/26/12 Rockwell Global Capital’s Peter Cardillo talks about the upcoming US employment report and the near-term outlook for Europe. Next week’s packed economic calendar and the current earnings season are … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

PGM’s Prices Under Pressure

Posted: 26 Oct 2012 09:18 AM PDT

Friday, October 26, 2012
Both Platinum and Palladium prices remain under pressure, as many traders continue to liquidate long positions, as global economic growth prospects are expected to remain anemic going into 2013, which is leading more analysts to look for lower demand for industrial metals next year.
Fundamentals
Platinum Metals Group (“PMG”) traders appear to have a dour assessment of the global economic climate as of late, as both Platinum and Palladium futures have fallen to … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Oil Prices Inch Higher As Hurricane Sandy Approaches

Posted: 26 Oct 2012 09:15 AM PDT

10/26/12 Front month crude prices were slowly rising Friday morning as the northeast U.S. prepares for Hurricane … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Dollar Rebounds On GDP, Japanese Stimulus

Posted: 26 Oct 2012 04:13 AM PDT

10/26/12 The dollar was higher Friday morning following a rise in Q3 GDP and an expected stimulus move by the bank of … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Wall Street Choppy After GDP, Tech Earnings

Posted: 26 Oct 2012 08:14 AM PDT

10/26/12 US stocks were mixed following better-than-expected Q3 GDP data and disappointing earnings from Apple and … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Oct. 26, 2012: Yuan Stuck At Record High; Central Bank Brakes Rapid Acceleration

Posted: 26 Oct 2012 08:05 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.

Yuan stuck at record high; central bank brakes rapid acceleration (Reuters)
Pressure on BOJ to act mounts as deflation persists (Reuters)
Colombia likely to keep 4.75% rate as global risk seen … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stocks Sell Off, U.S. GDP Rises, & Spanish Unemployment Higher

Posted: 26 Oct 2012 02:35 AM PDT

10/26/12 Global markets were selling off Friday morning following another rise in Spanish unemployment, a rise in U.S. GDP, and Japan announcing stimulus measures. Also, Apple misses expectations and the East Coast braces for Hurricane … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Mexico Holds Rate, But Warns Of Hike If Inflation Rises Again

Posted: 26 Oct 2012 07:29 AM PDT

    Mexico’s central bank held its benchmark interest rate unchanged at 4.50 percent, betting that inflation has peaked, but warned that it would quickly raise interest rates if there was another spike in inflationary pressure, even if it were temporary.
    Banco de Mexico, which also warned last month that it may have to raise rates if inflationary pressures grew, said downside risks to the global economy continued to rise and lower economic activity worldwide and an … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Libor Scandal Update: The Real Cost

Posted: 26 Oct 2012 07:27 AM PDT

How quickly the scandals seem to come and go.
With barely enough time to fully digest and appropriately process each and every financial racket, Wall Street, Washington, and our financial media move right along as if very little had happened in the first place. Do you disagree? The American taxpayer, consumers, and investors everywhere are getting taken to the cleaners. You don't think so?
I mean what have we seen in terms of meaningful justice and proper remuneration in the institutional … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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