Russia's inflation probably dropped in November

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Source: Dukascopy
According to economists surveyed by Bloomberg Russia's inflation rate in November could turn out to be the lowest in 14 months. Analysts estimate inflation rate to be at around 7% which would be the slowest consumer price increase since 2010. Economists associate the drop in country's inflation with lack of cash in economy and slower appreciation of food prices.

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Mon, 05 Dec 2011 11:14:09 GMT

Japanese yields recover

Japan's bonds gained as their yields fell from a 4-month record high as uncertainty across Europe boosted demand for sheltering assets. Japanese benchmark 10-year notes dropped 3 basis points reaching 1.045% while 20-year borrowing costs declined 2.5 basis points attaining 1.775%. Takeshi Minami, Norinchukin Research Institute's chief economist expects a further increase in demand for Japan's notes.

Mon, 05 Dec 2011 14:00:06 GMT

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