Friday, November 23, 2012

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

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

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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