Narodowy Bank Polski expected to leave minimal bid rate untouched

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Source: Bloomberg
© Scanpix/Reuters

Poland will stick to key lending rate unchanged in order to protect destabilised zloty and avoid boosting inflation. Central bank's current interest rate is the highest in three years. Economists surveyed by Bloomberg suggest the Poland's central bank will leave repo rate unchanged at 4.5%. The decision is going to be revealed on Wednesday. 

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Tue, 08 Nov 2011 13:48:27 GMT

Australian trade surplus diminishes in September

Drop in Australia's gold exports was more rapid than a fall in fuel imports in September. Therefore Australia's net export surplus declined more than was predicted by economists. Exports surpassed imports by A$2.56 bn or about A$0.5bn less than was predicted by economists surveyed by Bloomberg. Australian trade surplus may decrease even more as prices for iron ore deteriorate.  

Thu, 10 Nov 2011 13:17:52 GMT

British Pound to reach a monthly record high against Euro

The Pound is about to reach one-month record high against Eurozone currency. The appreciation of Pound takes place ahead of Berlusconi's budget vote and suggest British assets to be safe investment. On Nov 1 EUR/GBP reached 0.8548, the highest since Oct 4. Today the Sterling traded 0.8574 pounds per euro at 9.06 a.m London trading session.

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