Tuesday, November 20, 2012

DailyMarkets.com - Willis: “Volatility Will Continue…in Condensed Week”

DailyMarkets.com - Willis: “Volatility Will Continue…in Condensed Week”


Willis: “Volatility Will Continue…in Condensed Week”

Posted: 20 Nov 2012 10:40 AM PST

11/20/12 Albert Fried & Company’s Ben Willis discusses the US economic calendar for the holiday-shortened week and broader fundamentals: economic data, the Euro zone and the approaching fiscal … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Nigeria Holds Rate, Says Tightening Cycle Still Not Over

Posted: 20 Nov 2012 09:32 AM PST

    Nigeria’s central bank held its Monetary Policy Rate (MPR) steady at 12.0 percent, despite expectations of a cut, saying there were still inflationary pressures and a rate cut now to support moderating growth would send the wrong signal to markets that the policy tightening cycle was over.
    Despite a further easing in core inflation for the fourth month, the Central Bank of Nigeria said the “risk of food inflation remained hawkish” with a rise in headline inflation … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Oil Prices Steadily Slip On France Downgrade

Posted: 20 Nov 2012 03:26 AM PST

11/20/12 Front month crude prices were in the red Tuesday following Moody’s downgrade of France’s credit … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Euro Steady Despite France Downgrade On Greek Bailout Optimism

Posted: 20 Nov 2012 07:44 AM PST

11/20/12 The euro has remained steady Tuesday morning despite an early slip on Moody’s downgrade of France’s credit rating as optimism began to rise that Greece will attain its next bailout … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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