Tuesday, April 16, 2013

DailyMarkets.com - Patriots Day In Boston: Oh The Memories

DailyMarkets.com - Patriots Day In Boston: Oh The Memories


Patriots Day In Boston: Oh The Memories

Posted: 16 Apr 2013 06:07 AM PDT

"Go get your brother."
I fondly recall that statement from my Dad at 9am or thereabouts on Patriot's Day circa 1971.
The adrenaline rushed through my body as I jumped on my bike for the mile ride to "the field" to get my brother so we could head into Fenway Park for the traditional Patriot's Day 11am ballgame. I recall that our Red Sox were playing the Cleveland Indians that beautiful day.
I also recall wondering why my brother had to head to "the field" that morning as time … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Turkey Cuts Key Rates 50 Bps, Inflation Seen Contained

Posted: 16 Apr 2013 06:00 AM PDT

    Turkey’s central bank cut its main short-term interest rates by 50 basis points, saying that weak global demand and the outlook for commodity prices should “contain the upward pressures on inflation.”
    The Central Bank of the Republic of Turkey (CBRT) cut its policy rate, the one-week repo rate, to 5.0 percent from 5.50 percent along with the top and bottom rates on its daily interest rate corridor.
   The overnight borrowing rate in the corridor was cut by … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Commodities: Gold Rebound May Be Short-Lived On US Inflation Drop

Posted: 16 Apr 2013 04:08 AM PDT

Gold prices are correcting higher ahead of the opening bell on Wall Street but an expected drop in US inflation may undermine upward momentum.
Talking Points

Gold and Silver Rebound May Be Contained by US CPI Decline
Crude Oil, Copper Look to US Housing Data to Extend Recovery

Commodity prices are correcting higher as financial markets digest yesterday's aggressive flare-up in risk aversion. Sentiment-linked crude oil and copper prices are following S&P 500 index futures higher ahead of … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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