DailyMarkets.com - Global Monetary Policy Rates – Apr. 2013: Central Banks’ Policy Rates Fall 749 Bps As Rate-cutting Spree Accelerates

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• Global Monetary Policy Rates – Apr. 2013: Central Banks’ Policy Rates Fall 749 Bps As Rate-cutting Spree Accelerates
• Hot Option Plays: Offense Still In Control Midday
• Market Keeping Momentum Is A Good Sign
• Oil Edges Lower
• Euro Rises Sharply Against The Dollar
• Nikkei Surges To 5-year High, Europe Rallies
• The Similarity To 1979-82 Is Uncanny
• Dow, S&P 500 Hit New Record Highs On Cautious Optimism

Global Monetary Policy Rates – Apr. 2013: Central Banks’ Policy Rates Fall 749 Bps As Rate-cutting Spree Accelerates Posted: 07 May 2013 11:01 AM PDT     Global interest rates fell further last month as eight central banks eased their policy stance – most notably the Bank of Japan with its "new phase of monetary easing" – pushing the average global monetary policy rate down to 5.70 percent at the end of April from 5.79 percent at the end of March and 6.2 percent at the end of 2012.     Central banks cut their key rates by a total of 774 basis points in April, the highest monthly amount this year, boosting … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Hot Option Plays: Offense Still In Control Midday Posted: 07 May 2013 10:17 AM PDT Cusick’s Corner 05-07-2013 The market has clearly rotated into offensive underlyings and out of defensive. Leadership has moved away from higher yielding defensive sectors, XLP/XLV/XLU, to sectors that perform better in stronger economic environments, XLE/XLF/XLI/XLB/XLI/XLK. The Energies, XLE, and Materials, XLB, are now challenging highs and are really taking on a strong leadership role in this new leg higher which is a real positive for continued economic growth. I want to keep a close eye … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Market Keeping Momentum Is A Good Sign Posted: 07 May 2013 10:03 AM PDT 05/07/13 James E. Coffey Securities’ Gregory Keating weighs in on record high levels for the Dow and S&P 500. Bigger picture fundamentals are … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Oil Edges Lower Posted: 07 May 2013 04:18 AM PDT 05/07/13 The price of oil edged slightly lower Tuesday as fears over Israeli involvement in Syria's civil war … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Euro Rises Sharply Against The Dollar Posted: 07 May 2013 04:05 AM PDT 05/07/13 The euro rose sharply against the U.S. dollar during early trading hours Tuesday following the release of an unexpectedly strong German industrial orders … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Nikkei Surges To 5-year High, Europe Rallies Posted: 07 May 2013 08:55 AM PDT 05/07/13 Asian markets were mostly higher overnight with the Nikkei surging 3.6% to over 14,000 for the first time since June 2008.  Europe is rallying and U.S. futures were modestly … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

The Similarity To 1979-82 Is Uncanny Posted: 07 May 2013 08:15 AM PDT Check out my latest article "The Similarity To 1979-82 Is Uncanny" in SeekingAlpha.com. In it I explained the following chart: … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dow, S&P 500 Hit New Record Highs On Cautious Optimism Posted: 07 May 2013 07:59 AM PDT 05/07/13 Wall Street tracked global bourses higher as broader market-moving fundamentals were digested. Cautious optimism boosted equity averages above key technical … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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