DailyMarkets.com - McDonalds Ends The Year Confirming Lack Luster World Growth Prospects

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• McDonalds Ends The Year Confirming Lack Luster World Growth Prospects
• Vietnam Cuts Rate 100 Bps, 6th Cut This Year, Inflation Falls
• Colombia Cuts Rate Another 25 Bps, No Inflation Pressure
• FTC Protects Privacy Of Children, IOS 6 Downloads Surge

McDonalds Ends The Year Confirming Lack Luster World Growth Prospects Posted: 21 Dec 2012 06:57 PM PST MacD’s growth is sourced from China and New Europe, looking at the chart it is easy to confirm that business has slowed and looks to slow further. The selling in McDonald’s has been pure distribution. Heavy volume down swings with light volume up swings. This is represented by the RTTTrendPowerOBV punch through -15 several times with the recovery on the indicator failing to break above +15. The simple moving average 200 has been strong resistance and looks like another down swing will have … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Vietnam Cuts Rate 100 Bps, 6th Cut This Year, Inflation Falls Posted: 21 Dec 2012 05:39 PM PST     Vietnam’s central bank cut its benchmark refinancing rate by 100 basis points to 9.0 percent, saying inflation is at a low level but production and business conditions are difficult, inventory levels are high and the absorption of corporate bank credit remains limited.     The State Bank of Vietnam, which has cut rates by 600 basis points this year, said the bank’s rediscount rate would also be cut by 100 basis points to 7.0 percent and overnight rates in the interbank … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Colombia Cuts Rate Another 25 Bps, No Inflation Pressure Posted: 21 Dec 2012 04:35 PM PST     Colombia’s central bank cut its benchmark intervention rate by 25 basis points to 4.25 percent, giving financial markets their second surprise in as many months, as the country’s economy is growing below its potential and inflation is under the bank’s target with no upward pressure.     Banco de la Republica Colombia, which has cut rates four times since July to boost sagging economic growth, said fourth quarter data indicate that “growth for the full year could be … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

FTC Protects Privacy Of Children, IOS 6 Downloads Surge Posted: 21 Dec 2012 01:40 PM PST 12/22/12 Regulators expanded the Child Privacy Law to include new technology. iOS 6 downloads spiked after last week’s Google Maps app release on … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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