Wednesday, April 3, 2013

DailyMarkets.com - Thailand Holds Rate Steady, Inflation Warrants Monitoring

DailyMarkets.com - Thailand Holds Rate Steady, Inflation Warrants Monitoring


Thailand Holds Rate Steady, Inflation Warrants Monitoring

Posted: 03 Apr 2013 01:20 AM PDT

   Thailand’s central bank held its policy rate steady at 2.75 percent, as expected, saying an accommodative stance is still appropriate given the fragile global economy, but inflationary pressures warrant monitoring and a volatile exchange rate and capital flows could pose risks to financial stability.
    The Bank of Thailand (BOT), which cut rates by 50 basis points last year, said the country’s economic growth is expected to moderate toward a normal trend in the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Apr 3, 2013: RBA’s Glenn Stevens Reappointed As Governor For Further 3 Years

Posted: 02 Apr 2013 11:40 PM 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.

RBA’s Glenn Stevens reappointed as governor for further 3 years (Bloomberg)
ECB’s Coeure warns against consequences of currency war (Reuters)
Fed’s Lacker, Evans square off in debate over mon pol … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Something’s Not Right About This Rally

Posted: 01 Apr 2013 12:38 AM PDT

OK, so the SPX made a new high. Many of my momentum models are bullish, but my relative strength work (see my previous post on combining momentum with trend following techniques) is making me scratch my head.

To explain, my work based on a paper by a team of researchers at Cass Business School entitled The Trend is Our Friend: Risk Parity, Momentum and Trend Following in Global Asset Allocation suggests that when the market is experiencing an uptrend, you should go for broke and buy … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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