Russia cuts benchmark refinancing rate

Note: This section contains information in English only.
Source: Bloomberg
Russia unexpectedly lowered country's refinancing rate while increasing its overnight deposit rate after inflation decelerated, reaching the smallest year-end reading since the collapse of Soviet Union. Bank Rossii cut nation's refinancing rate from 8.25% to 8.0%. Decision was made to circumvent inflation risks and threats to economic growth.

 

Back to articles

Actual Topics

Fri, 23 Dec 2011 11:01:54 GMT

European shares higher on last trading day before holidays

European markets opened higher on Friday led by financials and resource companies as investor optimism was lifted by better-than-expected US economic data. Stoxx Europe 600 index added 0.9% at 241.77 while FTSE 100 index advanced 0.7% to 5,492.56. French CAC 40 index gained 1% at 3,104.37 and German DAX 30 index climbed 0.9% to 5,897.49.

Fri, 23 Dec 2011 08:39:28 GMT

US 30-year mortgage yields drop to record low

Mortgage rates for US 30-year loans fell to the lowest since 1971 amid signals property market is improving. The average borrowing cost on a 30-year mortgage decreased from 3.94% to 3.71% this week. Declining home prices and relatively low interest rates are propelling affordability, claimed Ellen Zentner, Nomura Securities International's senior US economist. 

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.