Thursday, October 4, 2012

DailyMarkets.com - ECB Keeps Refinancing Rate Steady At 0.75% As Expected

DailyMarkets.com - ECB Keeps Refinancing Rate Steady At 0.75% As Expected

ECB Keeps Refinancing Rate Steady At 0.75% As Expected

Posted: 04 Oct 2012 04:49 AM PDT

    The European Central Bank (ECB), the central bank for the 17 nations that share the euro currency, held its benchmark interest rate unchanged at 0.75 percent, as expected.
    Mario Draghi, president of the ECB, will provide the reason behind the decision by the ECB’s Governing Council at a news conference later today in Slovenia. The council meets twice a year away from its Frankfurt headquarters.
    The ECB cut its key refinancing rate in July to … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

BOE Keeps Rate And QE Target On Hold, As Expected

Posted: 04 Oct 2012 04:12 AM PDT

    The Bank of England left its official Bank Rate unchanged at 0.5 percent, as widely expected, and also left the size of its asset purchase program unchanged at 375 billion pounds.
    The BOE, the central bank for the United Kingdom, said in a brief statement that its current asset purchase program, known as Quantitative Easing, would take another month to complete and “the scale of the program me will be kept under review.”
    The BOE has kept its … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Commodities Rise On US Data – Will The ECB Snuff The Rally?

Posted: 04 Oct 2012 04:08 AM PDT

Commodities rose as a strong set of US data buoyed risk appetite overnight but the ECB rate decision may dent sentiment absent guidance on future stimulus efforts.
Talking Points

Commodities Rise Overnight as US Data Spurs Risk Appetite Recovery
ECB Rate Decision May Dent Sentiment if Stimulus Guidance is Absent
September Fed Meeting Minutes Sought for Details on QE3 Mechanics

Commodity prices are edging higher overnight as risk appetite firms across Asian bourses following a supportive set … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

First 2012 Presidential Debate: Open Forum

Posted: 04 Oct 2012 03:35 AM PDT

With the 2012 campaign entering the home stretch and the first Presidential debate now in the record books, I would welcome hearing from readers what they think at this critical juncture in our nation's history.
Did last night's debate change your opinion of either Republican nominee Mitt Romney or President Barack Obama?
Did you learn anything new last evening? Are there issues you would like to see further explored? How about the manner in which the respective campaigns have been managed … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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