DailyMarkets.com - Colombia Cuts Rate 25 Bps, Growth Slower Than Expected

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• Colombia Cuts Rate 25 Bps, Growth Slower Than Expected
• Cardillo: “Thanksgiving Rally Turning Into X’mas Rally”
• Oil Steady As Israel-Hamas Cease-fire Holds
• Euro Rebounds On Data
• Stocks See Black Friday Rebound, Europe Heads Higher
• Week Ahead: US Data, Eurogroup Meeting

Colombia Cuts Rate 25 Bps, Growth Slower Than Expected Posted: 23 Nov 2012 12:08 PM PST    Colombia’s central bank cut its benchmark interest rate by 25 basis points to 4.5 percent, a surprise to financial markets that had expected rates to be held steady, saying economic growth was slowing “slightly more than expected.”     Banco de la Republica Colombia has raised rates two times this year and cut rates three times with the intervention rate now 25 basis points below the level it started the year.     “After annual growth of 4.8 percent in the … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Cardillo: “Thanksgiving Rally Turning Into X’mas Rally” Posted: 23 Nov 2012 11:13 AM PST 11/23/12 Rockwell Global Capital’s Peter Cardillo talks about Friday’s equity market rally, and the near-term global fundamental and technical … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Oil Steady As Israel-Hamas Cease-fire Holds Posted: 23 Nov 2012 06:11 AM PST 11/23/12 Oil prices opened flat Friday after a cease-fire agreement between Israel and Hamas militants in Gaza lowered investor … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Euro Rebounds On Data Posted: 23 Nov 2012 04:09 AM PST 11/23/12 The euro strengthened to its highest level in three weeks against the dollar after data showed German business confidence rose in … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stocks See Black Friday Rebound, Europe Heads Higher Posted: 23 Nov 2012 03:26 AM PST 11/23/12 Global stocks were higher, including the U.S. markets following the Thanksgiving holiday, on improved economic data and retailer … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Week Ahead: US Data, Eurogroup Meeting Posted: 23 Nov 2012 08:20 AM PST 11/23/12 The final trading week brings a slew of US economic data releases. The November 26 Eurogroup meeting will be closely monitored for progress on the Greek debt … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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