Thursday, January 24, 2013

DailyMarkets.com - Philippines Holds Rate, Capital Inflows Threat To Inflation

DailyMarkets.com - Philippines Holds Rate, Capital Inflows Threat To Inflation


Philippines Holds Rate, Capital Inflows Threat To Inflation

Posted: 24 Jan 2013 02:01 AM PST

    The central bank of the Philippines held its key policy rates steady, as expected, saying the risks to inflation appear balanced even if the strong inflow of capital threatens to push up inflation.
     Bangko Sentral ng Pilipinas (BSP), which cut its rates by 100 basis points in 2012, said it would leave is overnight borrowing, or reverse purchase facility rate, at 3.50 percent and the overnight lending, or repurchase rate, at 5.50 percent.
    “The … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Forex Trading: All Eyes On Euro-Zone Data Today

Posted: 24 Jan 2013 12:12 AM PST

All Eyes on Euro-Zone Data Today
A significantly better than expected British Claimant Count Change figure encouraged investors to shift their funds to higher-yielding assets during European trading yesterday. As a result, currencies like the euro and British pound saw upward movement throughout the day. Today, euro-zone news is forecasted to generate activity in the marketplace. Specifically, the German Flash Manufacturing PMI could potentially lead to more risk taking if it comes in above … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Jan. 24, 2013: Bernanke Seen Pressing On With Stimulus Amid Debate On QE

Posted: 23 Jan 2013 10:42 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.

Bernanke seen pressing on with stimulus amid debate on QE (Bloomberg)
IMF sees ‘risks’ in ‘potentially volatile’ PHL capital flows, low interest rates (gma news)
Putin said to have three leading … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Google On The Path To $1000

Posted: 23 Jan 2013 07:07 PM PST

You must concur with Reggie Middleton thesis on Google Inc. He is correct so far. Lets review with our Wyckoff hat on.

Reggie Middleton comments: here

The Google monthly chart with Wyckoff … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Where Is The Leverage To Gold?

Posted: 23 Jan 2013 12:58 AM PST

Over at Zero Hedge there is a rant about how gold and gold stocks are better investments than the stock market and how there is a Wall Street conspiracy to suppress the gold price and keep the “dumb” investors in stocks.

With the Bank of Japan’s latest move to fight deflation and seemingly to start another round of global competitive currency devaluation, it does certainly make some sense to hold some gold in a portfolio. However, I remain of the opinion that it makes no sense for gold … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

No comments:

Post a Comment