Search Results for: Bank of Russia
Putin predicts rouble recovery and blames ‘external factors’
December 18th, 2014
Russian President Vladimir Putin says the country’s uncertain economic situation has been provoked by “external factors”, and believes it may take two years for the country to return to growth. Making an annual address in Moscow, he said he ...
Dollar Gauge 0.1% From Five-Year High After Fed as Won Slides
December 18th, 2014
A gauge of the dollar was 0.1 percent from a five-year high amid speculation the Federal Reserve will raise interest rates next year after removing a pledge to keep them low for a “considerable time.” The U.S. currency matched ...
Yen Falls From Four-Week High Before Fed as N.Z. Dollar Slides
December 17th, 2014
The yen retreated from the strongest in four weeks against the dollar before the Federal Reserve concludes a two-day policy meeting today. The yen has been the biggest gainer among the 10-currency Bloomberg Correlation-Weighted Indexes in the past week ...
Yen Gauge Rises to Five-Week High on Haven Bid; Rupiah Declines
December 16th, 2014
A gauge of the yen climbed to a five-week high as investors sought a haven after crude oil slumped and Russia raised interest rates. Australia’s dollar touched the lowest level in more than four years against the greenback after ...
Dollar Snaps 3-Day Skid on Gains in Retail Sales; Krone Declines
December 12th, 2014
The dollar snapped a three-day skid after U.S. retail sales climbed the most in eight months, further evidence of a strengthening economy as the Federal Reserve considers its first interest-rate increase since 2006. The greenback gained versus most major ...
What the RSX Bear Market May Mean For SPX
December 10th, 2014
It has been a rough year for Russian stocks. This is shown well by the Market Vectors Russia ETF in red and especially against the volatile but upwardly moving S&P 500 in blue. When some time is taken to study this chart, however, ...
FXecosystem Extends FX Connectivity to Moscow Exchange
December 8th, 2014
FXecosystem Inc, the leading provider of outsourced connectivity services to the FX market, has extended its network by adding connectivity to Moscow Exchange (MOEX). This latest development from FXecosystem means that banks and brokers can benefit from having a ...
‘Global Islamic Economy Indicator’ introduced
December 8th, 2014
DIEDC launches ‘State of Global Islamic Economy Report’ Dubai Islamic Economy Development Centre (DIEDC), in partnership with Thomson Reuters and in collaboration with the Dinar Standard, has launched the ‘State of the Global Islamic Economy Report (SGIE)’ for the ...
ECB Weighs Further Action As Economic Picture Darkens
December 4th, 2014
The European Central Bank will spell out the scale of economic malaise facing the euro zone after it meets on Thursday under growing pressure to take dramatic action to prevent the bloc going into reverse. With recovery stalled across much of ...
U.S. Shares Rise With Dollar as Oil Surges Amid Data
December 3rd, 2014
U.S. stocks rose toward records, as energy shares rallied with the price of crude and investors weighed data on hiring and the services sector. European equities climbed and the dollar gained on speculation the region’s central bank will add ...
