Monday, April 29, 2013

DailyMarkets.com - Crude Oil And Gold Recover On Fed, ECB Stimulus Hopes

DailyMarkets.com - Crude Oil And Gold Recover On Fed, ECB Stimulus Hopes

Crude Oil And Gold Recover On Fed, ECB Stimulus Hopes

Posted: 29 Apr 2013 06:56 AM PDT

Crude oil and gold prices are on the upswing to start the trading week as optimism about policy support from the Fed and the ECB boosts risk appetite.
Talking Points

Crude Oil, Copper Prices Rise as Risk Appetite Firms on Stimulus Hopes
Gold and Silver Capitalize as US Dollar Comes Under Heavy Pressure

Commodity prices are on the upswing to start the trading week as risk appetite firms across the financial markets. The newswires are chalking up the chipper mood to rising monetary stimulus … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Sugar Prices Slump On Large Global Surplus

Posted: 29 Apr 2013 06:18 AM PDT

Monday, April 29, 2013
The world Raw Sugar market is not alone in the clutches of commodity bears. Domestic U.S. Sugar prices have fallen to lows not seen since 2009, as the U.S. is expected to produce a surplus of Sugar this season. U.S. Sugar production is expected to increase by nearly 6% this year, and supplies from Mexico, which are allowed into the U.S. without tariffs due to the North American Free Trade Agreement (NAFTA), are expected to increase by over 50%. The 2008 Farm Bill set a … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Apr 29, 2013: Asian Officials Must Respond Early To Overheating Risk, IMF Says

Posted: 29 Apr 2013 05:49 AM PDT

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.

Asian officials must respond early to overheating risk, IMF says (Bloomberg)
Lower rate won’t stem capital flow: BOT (Thailand) (The Nation)
Ebbing inflation means more easy money (Bloomberg)
Still … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Jeff Sachs UNLOADS On Wall St., D.C, & Obama

Posted: 29 Apr 2013 05:13 AM PDT

If anybody were to think that the fight for decency and justice in our markets, our nation's capital, and throughout our land were to have run its course . . .  well think again.
In a volley of invectives not often seen in the genteel world of liberal academia, Columbia University professor Jeffrey Sachs recently threw a string of verbal haymakers that would have made the noted NHL hitman Chris "Knuckles" Nilan proud.
Sachs was named one of the world's 100 Most Influential … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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