Brazil decides to hold its benchmark rate close to record low

Note: This section contains information in English only.
Source: Bloomberg
Brazil's central bank announced it will stick to current borrowing rate, close to 18-months record low as policy makers expects country inflation to slow around 4.5% in 2012. Decelerating global economy indicates inflation will keep fading in Brazil, said central bank's officials. Therefore it is likely Brazil will keep its interest rates near record lows at 9.75%.
Back to articles

Actual Topics

Fri, 16 Mar 2012 07:50:19 GMT

Crude oil advances in Asian trade

Crude oil futures posted gains during the Asian session on Friday amid weaker US Dollar. The US Dollar index that measures its performance against set of six main currencies declined by 0.05%. Light, sweet crude oil futures for delivery in April traded at 105.59 US Dollars per barrel on the New York Mercantile Exchange, gaining 0.46%.

Fri, 16 Mar 2012 07:01:17 GMT

Unemployment claims in US decline to 4-year low

The number of applications for unemployment benefits fell last week to four-year low while consumer confidence climbed to highest level since 2008 stimulating expectations recovering labour market may encourage household spending. Jobless claims decreased by 14 000 to 351 000 through week ended March 10 said Labor Department on Thursday. Consumer confidence index surged from minus 36.7 to minus 33.7.

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.