Post Tagged with: "RBNZ"

Notes From Underground: Central bank Poker–Three Checks and, Of Course, No Raises

Notes From Underground: Central bank Poker–Three Checks and, Of Course, No Raises

by / on 10/25/2012, 2:58 PM / in Today's Economy, Stock Market News

Yesterday, the Bank Of Canada surprised no one as Governor Mark Carney held rates steady at 1%. The BOC statement also maintained last month’s idea that “over time, some modest withdrawal of monetary policy stimulus will likely be required, consistent with achieving the 2% inflation target.” The Canadian dollar rallied on the news as it seemed that the market thought […]

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Notes From Underground: Rajoy’s Party Retains Power in Galicia

Notes From Underground: Rajoy’s Party Retains Power in Galicia

by / on 10/22/2012, 2:24 AM / in Today's Economy, Stock Market News

In what was a very slow new weekend the most significant story is that Spanish PM Rajoy’s political party held on to power in the PM’s home state of Galicia. This was considered to be an important test for Rajoy for if his support in his traditional support base had turned against him, there would be no chance that the […]

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Notes From Underground: GERMAN COURT CONFIRMS, NOW FRIENDS WITH CONDITIONS, THEN BENEFITS

by / on 09/13/2012, 3:29 AM / in Stock Market News

The German High Court sustained the ESM but laid out that the BAILOUT FUND had to stick to its agreed cap (EU190 BILLION) and that as suspected any further moves to enhance the bond buying program would have to be decided by the BUNDESTAG. It sustained the position of Chancellor Merkel for the time being, thus it makes President Draghi’s […]

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