DailyMarkets.com - Peru Holds Rate Steady, Sees Inflation Converging To Target

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• Peru Holds Rate Steady, Sees Inflation Converging To Target
• Hot Option Plays: Grind Continues After Hours
• Global Monetary Policy Rates – Jan. 2013: Global Interest Rates Fall Further As 9 Central Banks Cut While 30 Hold Rates
• Stocks Drop On Europe Worries
• Golden State Gets Upgrade
• Global Data On Tap, Nemo Watch Heightens

Peru Holds Rate Steady, Sees Inflation Converging To Target Posted: 07 Feb 2013 03:25 PM PST     Peru’s central bank kept its policy rate steady at 4.25 percent, saying inflation is expected to converge toward the bank’s 2.0 percent mid-point target in coming months, reflecting improved supply of food and economic activity that is close to its potential during a time of weak global output.     The Central Reserve Bank of Peru (BCRP), which has held rates steady since April 2011, also said the country’s economy had stabilized around its sustainable, long-term … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: Grind Continues After Hours Posted: 07 Feb 2013 03:17 PM PST Cusick’s Corner 02-07-2013 After Hours Not much changed in the last hour of the day, the bulls were not able to garner any momentum after breaking support early in the session, 1507 on the S&Ps. We did move off some pretty bearish sentiment from the morning and Midday, but for today the bears are still in control. A break above the resistance tomorrow, 1509 in the SPX, could pressure the new shorts and potentially catalyze the market to the best levels of the week. Right now nibbling on … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Global Monetary Policy Rates – Jan. 2013: Global Interest Rates Fall Further As 9 Central Banks Cut While 30 Hold Rates Posted: 07 Feb 2013 02:50 PM PST     Global interest rates declined further during January as nine central banks cut rates to shore up economic growth, trimming the average global policy rate of the 90 banks followed by Central Bank News by a net 342 basis points to 5.88 percent from 5.92 percent at the end of 2012.     But the overwhelming majority -73 percent of the 41 central banks that took policy decisions last month – kept interest rates on hold, mainly for three reasons:     … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stocks Drop On Europe Worries Posted: 07 Feb 2013 09:24 AM PST 02/07/13 Stocks pared their losses but were still in the red across the board Thursday afternoon following mixed economic reports and as investors turned their focus to Europe and … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Golden State Gets Upgrade Posted: 07 Feb 2013 12:00 PM PST The turbulent clouds that settled upon California's bond market are beginning to dissipate, as the state's general obligation debt was recently upgraded to 'A' by Standards & Poor's. It has been almost a year since the rating agency has had a sunny outlook on the Sunshine State, but a series of improving economic data and better fiscal position have been turning things around. Business Insider's slideshow showcases several key factors of how the state "came back from the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Global Data On Tap, Nemo Watch Heightens Posted: 07 Feb 2013 08:38 AM PST 02/07/13 A sprinkling of US data and a slew of Chinese figures will be digested on Friday morning. Winter Storm Nemo could bring severe weather conditions to the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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