The Bank of Ghana kept its key lending rate steady at 12.50%. Bank of Ghana Governor, Kwesi Amissah-Arthur, said: “Looking...
Bank of Ghana Keeps Lending Rate at 12.50%
Source: feedproxy.google.com
Read more...
Central Bank News Link List – 21 March 2012
Here's today's Central Bank News link list, click through if you missed the previous central bank news link list. Remember, if you want...
Daily Dividend Report: ALL, BBT, INTU, PEG, CHEV
Allstate Corporation (ALL) announced its quarterly dividend of 22 cents per share, an increase of about 5% over its prior dividend in November of...
China’s commodity imports still buoyant
Latest data shows that China’s main ports received 13.8 million tonnes of crude oil, up over 5% on the year, and 55.5 million tonnes of iron ore, up 25% on the year. I think this also backs up the claim that China has been stockpiling necessary commodities rather than buying bonds with their...
Commodity stockpiling about to slow down
An interesting development over the last 9 months has been the stockpiling of commodities by countries such as China and South Korea. Rather than buying financial market paper, they have been buying hard assets such as oil, iron ore and canola. It’s the equivalent of you or I stocking up on...
Real money active on latest dollar slide
Dealers note strong buying of cable from the 1.6550 level all the way up through 1.6600 and the pound remains underpinned.The demand seemed to come under duress, traders say. This means the buyer really wanted them cheaper but was forced to pay up to cover his exposure, just like us mere...