Thursday, November 15, 2012

DailyMarkets.com - Commodities: Gold, Silver May Rise As US Inflation Hits Six-Month High

DailyMarkets.com - Commodities: Gold, Silver May Rise As US Inflation Hits Six-Month High

Commodities: Gold, Silver May Rise As US Inflation Hits Six-Month High

Posted: 15 Nov 2012 02:17 AM PST

Gold and silver prices may rise amid expectations US inflation hit a six-month high in October, boosting demand for precious metals as a hedge against price growth.
Talking Points

Gold and Silver May Rise as US CPI Puts Inflation at 6-Month High
Crude Oil, Copper Aim Higher on Risk Trends But Threats Remain

Gold and silver price have rebuilt firm correlations with near-term US inflation expectations, represented by so-called "breakeven rates" (the difference between yields on nominal and … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Forex Trading: Japanese Elections Announcement Causes Yen To Tumble

Posted: 15 Nov 2012 12:12 AM PST

Japanese Elections Announcement Causes Yen to Tumble
The JPY fell against virtually all of its main currency rivals yesterday after it was announced that elections would be held in Japan, possibly as soon as next month. The US dollar also saw minor losses against the euro amid speculations that interest rates in the US will remain at their current low levels until the beginning of 2016. Turning to today, news out of the US is likely to generate significant activity in the marketplace. Traders … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Nov 15, 2012: Fed’s Williams Says Monetary Policy Getting Traction

Posted: 14 Nov 2012 09:09 PM PST

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.)

Fed’s Williams says monetary policy getting traction (Reuters)
Bank of Canada says household debt is biggest risk … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Jamaica Holds Rate Steady Amid Anxieties Over IMF Talks

Posted: 14 Nov 2012 09:00 PM PST

    The central bank of Jamaica held its policy rate steady at 6.25 percent, but said it would have cut its rate if it were not for global uncertainties that that fueled anxieties and lead to a further fall in its international reserves.
    The Bank of Jamaica, which has held its benchmark 30-day certificate of deposit rate steady since August 2011, said negative expectations during the last quarter stemmed from anxieties over talks with the International Monetary Fund … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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