Monday, February 25, 2013

DailyMarkets.com - Thomas Vittielo Talks Declining Gold Prices

DailyMarkets.com - Thomas Vittielo Talks Declining Gold Prices


Thomas Vittielo Talks Declining Gold Prices

Posted: 25 Feb 2013 10:05 AM PST

02/25/13 Thomas Vittielo of Aurum Options Strategies talks gold prices, the recent price decline, and what is causing … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: Morning Rally Fizzled Due To Uncertainty In Italian Elections & Euro

Posted: 25 Feb 2013 02:17 PM PST

Cusick’s Corner 02-25-2013 After Hours
Gold, GLD, bounced in spite of a weak Euro, FXE, weak Equities, SPX, and strong Dollar. What is interesting is that this shiny metal typically is correlated to the Euro and today it is bucking the trend. This will have to be watched closely, let’s see if the Metals start to re-correlate soon. Outside of the Metals, the Commodity complex is also under pressure from the Dollar strength, UUP, and if this continues then this could be tough for the longs. This … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Big Board Sees Big Loss On Italian Election Concerns

Posted: 25 Feb 2013 09:17 AM PST

02/25/13 Stocks were adding to their losses Monday afternoon during a session filled with choppy trade as the Dow fell from its fresh multi-year high with investors growing concerned over Italy’s election … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Nokia Showcases Affordable Phones Amid Global Competition

Posted: 25 Feb 2013 01:28 PM PST

02/25/13 Nokia is upping the ante in the mobile phone race. The company introduced four new phones to fill in gaps in the global … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Angola Keeps Base Rate Steady As Inflation Trends Lower

Posted: 25 Feb 2013 11:07 AM PST

    Angola’s central bank kept its base rate, the BNA rate, steady at 10.0 percent, saying inflation is continuing its declining trend while credit extended to the economy fell by 2.63 percent in January, reversing the trend seen in previous months.
    The National Bank of Angola (BNA), which cut it rate by 25 basis points in January following a 25  point cut in 2012, said the inflation rate eased to 8.9 percent in January, down from December’s 9.02 percent, … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Era Of ‘benign Neglect’ Of Long-term Rates Over – BIS Paper

Posted: 25 Feb 2013 09:49 AM PST

    Central banks typically target short-term interest rates to control inflation and economic activity and have relied on financial markets to take care of long-term rates to stabilize the economic cycle.
    But this framework – described as 'benign neglect' by Philip Turner of the Bank for International Settlements (BIS) – is now over as central banks in most advanced economies have loaded up with government bonds since the Global Financial Crises, driving down … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Bernanke’s Testimony, US Housing Data On Tap

Posted: 25 Feb 2013 07:41 AM PST

02/25/13 Tuesday brings a slew of US housing figures and consumer confidence data releases. Bernanke will testify before the Senate Banking … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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