Ruble depreciates

Note: This section contains information in English only.
Source: Bloomberg
The Ruble depreciated for a fourth consecutive day as Russia did not conduct its second debt auction and EU discusses further sanctions on the country. The nation's currency declined 0.3% to 35.6425 per dollar, creating a 4.9% overall loss during this month. The Ruble also went down 0.4% versus the Euro to 47.9050.
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Tue, 29 Jul 2014 14:52:09 GMT

S&P/CS index below expectations

The S&P/Case-Shiller Composite-20, which measures the change in the selling price of homes in twenty metropolitan areas, climbed at its weakest pace in thirteen months. It had been forecast to rise by 10%. However, it was reported to have only grown by 9.3%. After the release, the Dollar rose versus the Euro to 1.3417.

Tue, 29 Jul 2014 12:46:09 GMT

West imposes further sanctions on Russia

US and European leaders in a move to put more pressure on Russia have extended their sanctions to its financial, defence and energy sectors. The plane crash in eastern Ukraine has largely led to the much tougher sanctions as the Russian government still has not changed its stance in this conflict. At the same time the Ukrainian forces are making headway against the rebels.

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