Thursday, October 18, 2012

DailyMarkets.com - Central Bank News Link List – Oct. 18, 2012: China Central Bank Drains Liqudity

DailyMarkets.com - Central Bank News Link List – Oct. 18, 2012: China Central Bank Drains Liqudity


Central Bank News Link List – Oct. 18, 2012: China Central Bank Drains Liqudity

Posted: 18 Oct 2012 05:54 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.

China central bank drains liquidity (WSJ)
Brazil Copom last rate cut was policy ‘final adjustment’ (MNI)
BOJ mulls further monetary easing (Asahi Shimbun)
HSBC expects another 25-bps rate cut (The … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Bob Rodriguez: “2013, Most Critical Year In Last 80″

Posted: 18 Oct 2012 05:32 AM PDT

When First Pacific Advisors' Bob Rodriguez talks, I listen.
Rodriguez is a perennial all-star when it comes to investing, analyzing the markets, studying the economy, and taking the pulse of the Federal Reserve.  Unmoved by the daily waves in the market, Rodriguez maintains the courage of his convictions in studying the macro-level shifts in our economic "tectonic plates."
In point of fact, Rodriguez is truly playing on a different field than virtually every other  money … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Turkey Narrows Interest Rate Corridor And May Cut Further

Posted: 18 Oct 2012 05:17 AM PDT

    Turkey’s central bank held its benchmark one-week repo rate unchanged at 5.75 percent but again trimmed its overnight lending rate, this time by 50 basis points to 9.5 percent, and said it may narrow the interest rate corridor further if needed.
    The Central Bank of the Republic of Turkey said narrowing the interest rate corridor would help support financial stability due to ongoing uncertainty about the global economy. But inflation remains above target so the bank … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Commodities May Continue To Rise As US Data Flow Improves

Posted: 18 Oct 2012 03:52 AM PDT

Gold and silver may continue to rebound as improving US economic data stokes inflation-hedge demand while crude oil and copper capitalize on a weaker Dollar.
Talking Points

Gold, Silver May Continue Higher as US Data Stokes Inflation-Hedge Demand
Crude Oil and Copper to Rise if Sentiment Rebound Continues to Punish Dollar

The focus remains on the US economic calendar, where October's Philadelphia Fed gauge of manufacturing activity and September's Leading Indicators composite are on tap. … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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