Central bank of Brazil holds expected inflation at 4.7%

Note: This section contains information in English only.
Source: mninews

The central bank of Brazil left the forecast for inflation rate unchanged at 4.7% in 2012 even despite decrease in the SELIC overnight rate by 100 basis points since previous inflation forecast. The Copom reported that its models predict the inflation to increase only by 0.1% to 4.8% in case SELIC rate is decreased by 150 basis points to 9.5%. The inflation rate is close to the central bank's target of 4.5%.

Back to articles

Actual Topics

Thu, 22 Dec 2011 17:53:17 GMT

Copper at 429,000 tonnes deficit

Copper saw a large deficit of 429,000 tonnes during the first nine months of 2011 while apparent deficit was only 170,000 tonnes, reported International Copper Study Group. The metal's output in Chile, the US and Peru dropped by 3.5% in the period. Experts explain the fall citing strikes on the copper mines in Peru and Chile. LME copper price stayed weak being 20% lower

Thu, 22 Dec 2011 17:51:23 GMT

Gold rallies again

Gold futures rose, surging above USD1,600 an ounce amid weaker USD that usually weights up on the yellow metal's price as gold becomes cheaper for other currency holders. Gold futures for delivery in February traded at USD1,616.45 a troy ounce at the morning European trade, on Comex division of the New York Mercantile Exchange, adding 0.18% since opening.

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.