DailyMarkets.com - Hungary To Cut Rates Again If Inflation Remains On Target

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• Hungary To Cut Rates Again If Inflation Remains On Target
• Heavy Snow Damps Soil And Wheat Price Outlook
• IShares Dow Jones Transportation Average Index Fund (IYT) : Short Sell @ $103.30
• Europe Drops, US Futures Rise, & Investors Await Bernanke
• Wall Street Pares Session Gains, Bernanke Speaks Before Congress
• Jamaica Cuts Rate 50 Bps As Government Cuts Deficit

Hungary To Cut Rates Again If Inflation Remains On Target Posted: 26 Feb 2013 08:26 AM PST     Hungary’s central bank, which earlier today cut its base rate for the seventh time in a row, said it would consider cutting rates further if the outlook for inflation remains in line with its 3.0 percent target and the improvement in financial market sentiment is sustained.     The forward guidance by the National Bank of Hungary is exactly the same as in previous months. Since August 2012, the central bank has cut rates by 175 basis points with the rate now at 5.25 … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Heavy Snow Damps Soil And Wheat Price Outlook Posted: 26 Feb 2013 08:18 AM PST Tuesday, February 26, 2013 Outside market forces have put pressure on the Wheat market, despite the worst drought conditions in almost 8 decades. Those drought conditions are expected to improve with the large snowfall across much of the Great Plains, which will give the parched earth sustained moisture. This would likely take away the safety net that drought conditions provided for prices. This would also mean that export demand must ramp-up significantly to support prices. Technically, the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

IShares Dow Jones Transportation Average Index Fund (IYT) : Short Sell @ $103.30 Posted: 26 Feb 2013 08:15 AM PST DROP IN SIGHT … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Europe Drops, US Futures Rise, & Investors Await Bernanke Posted: 26 Feb 2013 08:14 AM PST 02/26/13 European stocks were in the red while US futures were in positive territory as markets were dealing with the fallout of yesterday’s Italian elections and as they await Fed Chairman Bernanke’s testimony to … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Wall Street Pares Session Gains, Bernanke Speaks Before Congress Posted: 26 Feb 2013 08:01 AM PST 02/26/13 US stocks opened higher after Monday’s steep selloff. Bernanke spoke before the Senate Banking committee, stating that the US economy still needs ‘easy … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Jamaica Cuts Rate 50 Bps As Government Cuts Deficit Posted: 26 Feb 2013 07:49 AM PST     Jamaica’s central bank cut its policy rate by 50 basis points to 5.75 percent, effective Feb. 25, saying the move was in light of the “generally weak economic conditions” and the government’s recent approval of debt reduction measures.     “These factors will have a dampening effect on inflationary impulses,” the Bank of Jamaica said in a statement from Feb. 22.     The cut in the policy rate – the rate payable on the Bank of Jamaica’s 30-day Certificates of … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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