Thursday, February 28, 2013

DailyMarkets.com - Dominican Republic Holds Rate Steady, Inflation On Target

DailyMarkets.com - Dominican Republic Holds Rate Steady, Inflation On Target


Dominican Republic Holds Rate Steady, Inflation On Target

Posted: 28 Feb 2013 04:48 PM PST

    The Central Bank of the Dominican Republic (CBDR) kept its Monetary Policy Reference (MPR) rate steady at 5.0 percent as inflation is forecast to be within the bank’s target this year and next and economic growth is also in line with expectations.
    The CBDR, which cut its rate by 175 basis points in 2012 but also left the rate unchanged last month, said the domestic economy expanded by 3.9 percent last year, higher than the average in Latin America and liquidity … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: Some Weak Hands Washed Out Midday

Posted: 28 Feb 2013 03:18 PM PST

Cusick’s Corner 02-28-2013 Midday
Folks, I know that the Midday has turned into the After Hours and that is my fault. I will get this to you at the Midday going forward. Now that we are at the end of February and with the Equities still on the uptrend that started the month, there’s been a shake-out of some of the weak-handed longs and shorts. We also have seen the sentiment on the retail-side flip to more bearish, close to 1:1 put to calls, which as a contrarian, could be a positive for the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: Window Dressing After Hours

Posted: 28 Feb 2013 03:17 PM PST

Cusick’s Corner 02-28-2013 After Hours
The market continued to stay in a tight range today. The Dollar, UUP, closed up and Gold continues its slide. While sequestration will be the talk all night, the market seems to be shrugging it off. The month end trade is often called “window dressing” and this time the market has some mixed emotions. Tomorrow is the first day of a new trading month and there may be new buyers, especially as we are getting to some new highs (specifically on the Dow Jones … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Trinidad & Tobago Keeps Rate Steady On Contained Inflation

Posted: 28 Feb 2013 02:35 PM PST

    The central bank of Trinidad and Tobago held its benchmark repo rate steady at 2.75 percent, saying its current accommodative policy stance was appropriate in light of contained inflationary pressures and the expectation that economic activity will improve in 2013.
    The Central Bank of Trinidad & Tobago, which cut its rate by 25 basis points in 2012, said headline inflation rose by 7.3 percent in January, slightly above December’s 7.2 percent with food inflation … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stocks Fall To End February But Inching Closer To Record High

Posted: 28 Feb 2013 09:23 AM PST

02/28/13 Stocks were off their best levels and closed out in the red on the final trading day of February, with the Dow inching closer to a new all-time closing … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Paul Sachs Talks The Sequester & Gold

Posted: 28 Feb 2013 08:45 AM PST

02/28/13 Paul Sacks, Principal Gold Trader for Aurum Options, shares his thoughts on the upcoming sequester and the effect it may have on gold … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Oil Prices Mixed On Italy Election Uncertainties, Jobless Claims Data

Posted: 28 Feb 2013 10:16 AM PST

02/28/13 Oil prices were narrowly mixed on Thursday as markets sat tight amid political turmoil in Italy and on improved jobless claims data in the US, the world's biggest consumer of … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

March Kicks Off With PMI Data, Sequester Deadline

Posted: 28 Feb 2013 08:35 AM PST

02/28/13 The new month kicks off with a slew of economic data releases. Global PMi manufacturing data will be closely monitored. President Obama will meet congressional leaders at the White … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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