DailyMarkets.com - Central Bank News Link List – Oct. 2, 2012: South Korea Central Bank Switches Tack To Encourage Growth

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• Central Bank News Link List – Oct. 2, 2012: South Korea Central Bank Switches Tack To Encourage Growth
• Forex Trading: Euro Receives A Boost From Manufacturing Data
• Australia Cuts Interest Rate On Weaker Outlook For Growth
• Commodities Tread Water In Asia – Where Do We Go From Here?

Central Bank News Link List – Oct. 2, 2012: South Korea Central Bank Switches Tack To Encourage Growth Posted: 02 Oct 2012 02:00 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. South Korea central bank switches tack to encourage growth (Reuters) Fed watchers join raging QE debate (CNBC) Russia central bank: More risk of inflation than economic slowdown-report (Dow … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Forex Trading: Euro Receives A Boost From Manufacturing Data Posted: 02 Oct 2012 12:52 AM PDT Euro Receives a Boost from Manufacturing Data The euro was able to bounce back from a three-week low against the US dollar yesterday, after positive manufacturing data out of Italy and Spain resulted in moderate risk taking among investors. The news also helped both crude oil and gold recover from some of their recent losses. Today, news out of Spain is once again forecasted to generate market volatility. While the euro saw a minor upward correction yesterday, analysts were quick to warn that … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Australia Cuts Interest Rate On Weaker Outlook For Growth Posted: 02 Oct 2012 12:46 AM PDT     The central bank of Australia cut its cash rate by 25 basis points to 3.25 percent, a move that was expected by some economists, saying the outlook for growth had weakened while inflation was expected to be in line with the bank’s target.     ”The outlook for growth in the world economy has softened over recent months, with estimates for global GDP being edged down, and risks to the outlook still seen to be on the downside,” the Reserve Bank of Australia (RBA) … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Commodities Tread Water In Asia – Where Do We Go From Here? Posted: 30 Sep 2012 08:20 PM PDT Talking Points Commodities Consolidate in Asia as Markets Wait for Directional Impetus S&P 500 Futures Point to Risk-On Mood But Conviction Appears Lacking Commodities are in consolidation mode overnight, with traders looking for the next catalyst to spark directional momentum against the backdrop of quiet data docket. S&P 500 index futures are pointing cautiously higher, hinting yesterday's advance may have scope to carry forward on the back of firming risk appetite. Such a … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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