Forex ziņas

Russia Central Bank Lifts Rate By 350 Bps

Russia Central Bank Lifts Rate By 350 Bps

The Bank of Russia raised its benchmark rate sharply by 350 basis points at an emergency meeting on Tuesday to contain the depreciation of the ruble and thereby limit the inflationary pressures. The Board of Directors of the Bank of Russia decided to lift the key rate to 12.00 percent from 8.50 percent.
RTTNews | 656 days ago
Swiss Franc Climbs Amid Risk Aversion

Swiss Franc Climbs Amid Risk Aversion

The Swiss franc advanced against its major counterparts in the European session on Tuesday, as European stocks fell amid growth concerns after data showed China's consumption and investment cooled further in July.
RTTNews | 656 days ago
German Economic Sentiment Improves In August: ZEW

German Economic Sentiment Improves In August: ZEW

Economic confidence in Germany improved in August but the assessment about current situation worsened and remained deeply in negative, survey data from the ZEW-Leibniz Centre for European Economic Research showed Tuesday. The Indicator of Economic Sentiment rose to -12.3 in August from a seven-month low of -14.7 in July. The score was forecast to remain at -14.7.
RTTNews | 656 days ago
UK Wage Growth Signals Another Rate Hike In September

UK Wage Growth Signals Another Rate Hike In September

Although the UK unemployment rate rose in the second quarter, wage growth accelerated more than expected, raising the chances of the Bank of England raising interest rates by another quarter-point in September. Data from the Office for National Statistics showed that the jobless rate rose to 4.2 percent in the three months to June, while it was forecast to remain unchanged at 4.0 percent.
RTTNews | 656 days ago
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China Cuts Policy Rates As Economic Data Disappoints

China Cuts Policy Rates As Economic Data Disappoints

The People's Bank of China slashed major policy rates on Tuesday as economic data suggested that the second-largest economy is still struggling to regain strength amid fears of another slump in the real estate sector. The Chinese central bank reduced the one-year medium-term lending facility, or MLF, to 2.50 percent from 2.65 percent. The bank had lowered the MLF by 10 basis points in June.
RTTNews | 656 days ago
Asian Shares Mixed As China Data Disappoints

Asian Shares Mixed As China Data Disappoints

Asian stocks ended mixed on Tuesday as a broad array of Chinese economic data missed expectations and the country's central bank cut a key interest rate in an effort to boost flagging growth.
RTTNews | 656 days ago

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