DailyMarkets.com - Namibia Holds Rate To Soften Impact Of Slow Global Growth

---

• Namibia Holds Rate To Soften Impact Of Slow Global Growth
• Gold Sinks Before Fed Minutes, Crude Oil May Follow
• Will Uncle Sam Expand “Too Big To Fail?”
• Central Bank News Link List – Feb.20, 2013: China Central Bank Chief Set To Keep Job In Reshuffle: Sources
• Will Gold Bring Silver Down?
• Cotton Prices Consolidate Near 8-month Highs

Namibia Holds Rate To Soften Impact Of Slow Global Growth Posted: 20 Feb 2013 07:11 AM PST     Namibia’s central bank held its benchmark repo rate steady at 5.50 percent, saying the current low interest rate should be maintained to mitigate the impact of slow growth in many of the country’s trading partners.     The Bank of Namibia, which cut its rate by 50 basis points in 2012, said economic growth is expected to ease slightly in 2013, in line with key trading partners “although growth of domestic demand may remain strong, while elevated inflation may … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Gold Sinks Before Fed Minutes, Crude Oil May Follow Posted: 20 Feb 2013 06:57 AM PST Gold is under pressure and crude oil may follow amid speculation about an early unwind of Fed stimulus before the bank publishes minutes from January's FOMC meeting. Talking Points Gold, Silver Sink as US Dollar Soars Before January's FOMC Minutes Release Crude Oil and Copper May Fall if Bets on Early Fed Stimulus Exit are Reinforced Gold and silver are facing heavy selling pressure as the US Dollar soars and anti-fiat asset demand fades before the Federal Reserve releases minutes from … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Will Uncle Sam Expand “Too Big To Fail?” Posted: 20 Feb 2013 06:45 AM PST There is not even one credible individual in the world today who would believe that we do not still operate under a "too big to fail" model for our banking industry. We now know that "too big to fail"also means "too big to regulate" and "too big to prosecute." Free market capitalism is dying a slow and steady death in the process. Might we ever get out from under the heavy burden of this model? We can only hope. Yet I awaken this morning and vomited my coffee as I read in the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Feb.20, 2013: China Central Bank Chief Set To Keep Job In Reshuffle: Sources Posted: 20 Feb 2013 06:43 AM 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. China central bank chief set to keep job in reshuffle: sources (Reuters) BOK’s Kim signals no rate cut needed now as outlook improves (Bloomberg) ECB Noyer sees improved financial, monetary … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Will Gold Bring Silver Down? Posted: 20 Feb 2013 06:18 AM PST Tuesday, February 19, 2013 Silver futures have been tied at the hip to Gold futures in recent weeks. The negative Gold comments from Gorge Soros and Louis Moor Bacon weighed on the precious metals market as a whole. Some Silver traders may wish to keep a close eye on Platinum, which has been the strongest performer in the sector. If the Platinum begins to fade, selling pressure in Gold and Silver could accelerate swiftly. Technically, Silver can be seen as vulnerable, as prices approach the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Cotton Prices Consolidate Near 8-month Highs Posted: 20 Feb 2013 06:18 AM PST Wednesday, February 20, 2013 Cotton’s rather surprising strength has not gone unnoticed by some speculators, who have been adding to long positions the past few weeks. However, though most of the focus has been on the front month “old crop” futures, the bullish fundamentals seem to favor “new-crop” futures starting in December of 2013. With analysts looking for U.S. Cotton acreage at 10 million acres or lower, we should see production totals decline this season even if weather conditions … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610