Wednesday, April 24, 2013

DailyMarkets.com - Global Interbank Lending Falls To Historical Low In Q4 – BIS

DailyMarkets.com - Global Interbank Lending Falls To Historical Low In Q4 – BIS


Global Interbank Lending Falls To Historical Low In Q4 – BIS

Posted: 24 Apr 2013 10:40 AM PDT

    Lending between banks, especially to those in the euro area and the United States, shrank further in the fourth quarter of 2012 while credit to non-banks rose, accelerating the recent trend toward a retreat in interbank activity, the Bank for International Settlements (BIS) said.
    Cross-border claims on banks and related offices contracted by $405 billion in the fourth quarter of 2012 while credit extended to non-bank borrowers, which includes governments and … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Seeing A Dichotomy In Market

Posted: 24 Apr 2013 10:38 AM PDT

04/24/13 DME Securities’ Warren P. Meyers contemplates the “mixed bag” of data, earnings and equity price action and measures the pulse of the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: Trading Is Sluggish On Mixed Earnings News Midday

Posted: 24 Apr 2013 10:17 AM PDT

04-24-2013 Midday
Trading is sluggish Wednesday morning on mixed earnings news and a disappointing reading on Durable Goods. A report released before the opening bell showed orders for durable goods falling by 5.7 percent in March, which was worse than the 3.1 percent decline that was expected. Excluding transports, orders fell 1.4 percent and 1.4 percent more than expected. On the earnings front, the news is mixed. Apple’s (NASDAQ:AAPL) highly-anticipated release failed to stir much of a reaction … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dollar Dips On Durable Goods Drop

Posted: 24 Apr 2013 09:39 AM PDT

04/24/13 The dollar fell against the yen and briefly dropped versus the euro on Wednesday after data showed orders for long-lasting U.S. manufactured goods in March posted their biggest drop in seven … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Oil Rises On Earnings

Posted: 24 Apr 2013 04:38 AM PDT

04/24/13 Crude prices rose Wednesday to near $90 a barrel as a string of positive corporate earnings and an improved U.S. housing report pointed to higher oil demand and drew investors back to the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

IShares MSCI Germany ETF (EWG) : Short Sell @ $24.62

Posted: 24 Apr 2013 09:18 AM PDT

Asia & Europe Rise Mid-week

Posted: 24 Apr 2013 04:07 AM PDT

04/24/13 Markets in Asia were higher overnight with the Nikkei up 2.3% and the Shanghai Composite up 2.2%. European markets were mostly in the green and Apple announced an improved Q1 earnings … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Apr 24, 2013: Sovereign Credit Concerns, Low Rates Reshaping World Reserves

Posted: 24 Apr 2013 09:02 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.

Sovereign credit concerns, low interest rates reshaping world reserves (Reuters)
U.K. overhauls lending program (WSJ)
ECB’s bank lending survey shows credit supply still tightening (dow … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

US Stocks Flat As Durable Goods Disappoints

Posted: 24 Apr 2013 07:52 AM PDT

04/24/13 The US equity averages traded flat and mixed in midweek trade. Durable goods orders and the German IFO survey missed forecasts, while Apple boosted its dividend by … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Jon Corzine: “What Balls”

Posted: 24 Apr 2013 07:39 AM PDT

Better to keep one's mouth shut and be thought a fool, than to open it and remove all doubt.
When you are in a hole, stop digging. 
I am not sure which of the above quotes might be more applicable to one of Wall Street's greatest pariahs but this individual may want to look for better counsel.
To whom do I refer? None other than former master of the universe Jon Corzine, now more widely acclaimed for destroying a firm in one fell swoop than any of his prior exploits at Goldman Sachs … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Meet The Power Couple Of The East

Posted: 24 Apr 2013 07:30 AM PDT

On the "2013 TIME 100" annual list of most influential people in the world, you'll likely recognize a few power couples who individually made the list. President Barack Obama and First Lady Michelle Obama were named two of the world's most influential people, as were the "royal couple of culture," Jay Z and Beyoncé.
Another dynamic duo may surprise you. They are China's new leader, President Xi Jinping, and Chinese First Lady Peng Liyuan.
Not only is Xi the president of China, … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

No comments:

Post a Comment