Friday, December 14, 2012

DailyMarkets.com - Cardillo: Shouldn’t Be Afirad Of Getting Into Market On Pullbacks

DailyMarkets.com - Cardillo: Shouldn’t Be Afirad Of Getting Into Market On Pullbacks


Cardillo: Shouldn’t Be Afirad Of Getting Into Market On Pullbacks

Posted: 14 Dec 2012 11:09 AM PST

12/14/12 Rockwell Global Capital’s Peter Cardillo talks about this week’s global developments in the US and overseas, and offers short-term expectations for the broader … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Data Makes Dollar Volatile

Posted: 14 Dec 2012 05:18 AM PST

12/14/12 The US dollar saw a volatile start to the final trading session of the week following mixed U.S. economic data that kept it swinging between gains and losses against the yen early Friday … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Russia, CIS To Check Banks For Impact Of Euro Crises-FSB

Posted: 14 Dec 2012 10:01 AM PST

    Russia and other former Soviet republics will check the impact of the euro area debt crises on banks and consider possible policy responses along with peer reviews of the progress the countries are making in implementing financial reform, Financial Stability Board (FSB) said.
    Finance officials from the Commonwealth of Independent States (CIS) met earlier today in Moscow as part of the FSB’s regional consultative group for CIS and discussed policy priorities under … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

IShares Silver Trust (SLV) : Buy @ $3138

Posted: 14 Dec 2012 09:18 AM PST

Direxion Daily S&P 500® Bear 3x Shares (SPXS)

Posted: 14 Dec 2012 09:18 AM PST

Nearly All Major Nations To Implement Basel III In 2013

Posted: 14 Dec 2012 08:20 AM PST

    Nearly all major countries will be implementing new, stricter global banking rules by the end of 2013 even if some countries will not meet the deadline of January 1, the Basel Committee on Banking Supervision (BCBS) said.
    Following a two-day meeting of global banking supervisors in Basel, Switzerland, it’s chairman Stefan Ingves said 11 jurisdictions had now published final Basel III banking regulations that take effect on January 1, 2013 and seven other … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

US Stocks Flat, Apple Slides

Posted: 14 Dec 2012 08:02 AM PST

12/14/12 US equity averages opened flat at the end of the week. Apple extended losses after UBS slashed its price target on the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Serbia Raises Policy Rate 6th Time This Year To 11.25%

Posted: 14 Dec 2012 07:27 AM PST

    Serbia’s central bank raised its policy rate by another 30 basis points to 11.25 percent and said its open market operations would be aimed at withdrawing excess dinar liquidity to restrain demand, which could impact the inflation and exchange rate.
    The National Bank of Serbia, which has raised its policy rate six times this year by a total of 1.75 percentage points since June, said food and administered prices will be the main factor driving the inflation rate in … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Pakistan Cuts Rate 50 Bps To 9.5% As Inflation Falls Fast

Posted: 14 Dec 2012 06:30 AM PST

   Pakistan’s central bank cut its policy rate by 50 basis points to 9.5 percent as inflation is falling faster than expected and should end the fiscal year below the bank’s 9.5 percent target.
  The State Bank of Pakistan (SBP), which has now cut its policy rate by 250 basis points this year, said the economy’s output gap was almost negligible while food supplies were better this year than in the previous two years, resulting in a “sharply decelerating CPI inflation.”
  … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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