DailyMarkets.com - Despite Inventory Boost, Oil Prices Up +1% On OPEC, Saudi Arabia

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• Despite Inventory Boost, Oil Prices Up +1% On OPEC, Saudi Arabia
• Gayed: “2012: Chasing Yield, 2013: Chasing Capital Appreciation”
• Mozambique Holds Rate, Confident Inflation Hits Target
• U.S. Fed To Buy Bonds, Sets Jobless Target For Low Rate
• Dollar Slips Against Euro, But Surges Against Yen
• What Is Really Going On In Global Economy/Markets?
• Direxion Daily Semiconductor Bear 3x Shares (SOXS)
• Stocks Turn Mixed Ahead Of Fed Announcement
• Global Equities Higher, Fed In Focus, & Saudi Oil Output Drops

Despite Inventory Boost, Oil Prices Up +1% On OPEC, Saudi Arabia Posted: 12 Dec 2012 05:49 AM PST 12/12/12 Front month crude prices were trading more than 1% higher Wednesday afternoon despite a rise in supplies following a Saudi oil export cut and OPEC … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Gayed: “2012: Chasing Yield, 2013: Chasing Capital Appreciation” Posted: 12 Dec 2012 10:45 AM PST 12/12/12 Pension Partners’ Michael A. Gayed weighs in on market performance in 2012 and the outlook for 2013. FOMC expectations are also … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Mozambique Holds Rate, Confident Inflation Hits Target Posted: 12 Dec 2012 10:31 AM PST     Mozambique’s central bank held its benchmark interest rates unchanged, saying it was confident that inflation would meet the central bank’s 5.6 percent target for 2012.     The Bank of Mozambique (CPMO), which has cut the rate on its standing lending facility six times this year for total reduction of 550 basis points, said it would maintain this rate at 9.50 percent along with the standing deposit facility rate at 2.25 percent.     It would also continue to … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

U.S. Fed To Buy Bonds, Sets Jobless Target For Low Rate Posted: 12 Dec 2012 09:38 AM PST     The U.S. Federal Reserve said it would keep its main policy rate close to zero as long as the jobless rate is above 6.5 percent or inflation remains close to the central bank’s target, and would launch a new round of bond-buying to keep downward pressure on longer-term interest rates.     The Federal Reserve’s s policy-setting body, the Federal Open Market Committee, said the U.S. economy had continued to expand at a moderate pace in recent months but the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dollar Slips Against Euro, But Surges Against Yen Posted: 12 Dec 2012 09:26 AM PST 12/12/12 The dollar was under pressure versus the euro Wednesday morning ahead of the Fed rate decision. However, it surged against the yen on bets the Bank of Japan will implement more aggressive monetary … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

What Is Really Going On In Global Economy/Markets? Posted: 12 Dec 2012 08:58 AM PST There is a reason that Jeff Gundlach and team at Doubleline have gone from zero to $50 BILLION in assets under management in a shorter time frame than some people can go to the bathroom and get back to their desk. What is that reason? In my humble opinion, Gundlach and his colleagues have an uncanny ability to be three steps ahead of the competition while scanning the global economic and market landscape from a 360 degree angle. What makes them even more unique?  They are happy to show … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Direxion Daily Semiconductor Bear 3x Shares (SOXS) Posted: 12 Dec 2012 08:16 AM PST REBOUND EXPECTED … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stocks Turn Mixed Ahead Of Fed Announcement Posted: 12 Dec 2012 08:03 AM PST 12/12/12 US stocks extended gains on Fed day. The FOMC decision and rate announcement will be closely watched for more stimulus … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Global Equities Higher, Fed In Focus, & Saudi Oil Output Drops Posted: 12 Dec 2012 02:41 AM PST 12/12/12 Stocks were higher early Wednesday morning as investors await the release of the Fed rate decision. Also, Saudi Arabia cuts its oil output on higher U.S. production and a weak global … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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