Thursday, October 11, 2012

DailyMarkets.com - Central Bank News Link List – Oct. 11, 2012: IMF’s Lagarde: Central Bank Actions Good, But Not Sufficient

DailyMarkets.com - Central Bank News Link List – Oct. 11, 2012: IMF’s Lagarde: Central Bank Actions Good, But Not Sufficient


Central Bank News Link List – Oct. 11, 2012: IMF’s Lagarde: Central Bank Actions Good, But Not Sufficient

Posted: 11 Oct 2012 02:31 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.

IMF’s Largarde: Central bank actions good, but not sufficient (MNI)
Policy makers bemoan currency strength as Yellen defends Fed (Bloomberg)
Fed’s Williams-tie rate vow to economic markers … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Indonesia Holds Rate, Says Economy Growing, Inflation Low

Posted: 11 Oct 2012 02:20 AM PDT

    The central bank of Indonesia kept its benchmark BI Rate unchanged at 5.75 percent, as expected, saying inflation was low and under control while the domestic economy continues to grow quite well, though not as fast as earlier expected due to the weaker global growth.
    Bank Indonesia (BI) said the economy was expected to grow an annual rate of 6.3 percent in the third quarter, supported by consumption and domestic demand-oriented investments. But falling exports have … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Forex Trading: U.S. Trade Balance And Unemployment Claims May Impact Trading

Posted: 11 Oct 2012 01:09 AM PDT

U.S. Trade Balance and Unemployment Claims May Impact Trading
Yesterday, traders looked to invest in riskier assets, strengthening the euro and devaluing the dollar. A lack of significant overall news had investors looking to today’s news for clues as to the level of risk appetite in the marketplace.

Investors will want to note that the U.S. Trade Balance and Unemployment Claims will likely have an impact on overall trading when the numbers are released at 12:30 GMT. Better than expected … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Brazil Cuts Rate For 7th Time This Year To 7.25%

Posted: 11 Oct 2012 12:44 AM PDT

    The central bank of Brazil cut its benchmark Selic rate by 25 basis points to 7.25 percent, a move that was expected by some economists, with the bank citing a challenging international economy.
    Banco Central do Brasil’s decision to cut its main interest rate for a seventh time this year and its tenth cut in a row, divided the Monetary Policy Committee, with five committee members voting to cut the rate and three voting to keep it unchanged.
    Inflation … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Korea Cuts Rate To 2.75% As It Slashes Growth Forecasts

Posted: 11 Oct 2012 12:13 AM PDT

    The central bank of South Korea cut its base rate by a further 25 basis points to 2.75 percent, a move that was expected, with the bank expecting global growth to remain weak and the country’s economic output to remain below potential for a considerable time.
    The Bank of Korea (BOK), which already reduced its rate in July, also cut its economic growth forecast for 2012 to 2.4 percent, down from its previous forecast in July for 3.0 percent. For 2013, the bank … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Commodities Wait For G7 Outcome Amid Euro Crisis, Global Slump Fears

Posted: 10 Oct 2012 08:41 PM PDT

Commodity prices are looking for the G7 finance ministers' summit for guidance as policymakers grapple with the Eurozone debt crisis and a global slowdown.
Talking Points

Commodities Consolidate in Overnight Trade Before G7 FinMin Summit
Revised German, French CPI Data to Shape Outlook for ECB Stimulus
Italian Bond Sale Results May Spark Eurozone Crisis Fears if Yields Rise
US Q3 Earnings Likely to Overshadow Tame Economic Data Calendar

Commodities are treading water in overnight trade as … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Richard Wyckoff Asset Allocation

Posted: 10 Oct 2012 08:19 PM PDT

Richard Wyckoff included within his approach a top down asset allocation model.

Many educators that provide a spin off of Wyckoff logic tend to forget this most critical part of his method.

readtheticker.com latest video added to readtheticker channel at … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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