Magazine for Forex Traders

Head of the Russian Central Bank Elvira Nabiullina answered a number of important questions in her interview to Russia 24 TV channel. He reported that the policy of the Bank of Russia will not undergo major changes in 2018. She’ll still be moderately tough. Nabiullina sees opportunities for further reduction of the key interest rate. […]

After the end of the meeting of the European Central Bank, at which it was decided not to change the rates, the bank held a press conference. Mario Draghi gave a speech. In it, he noted that despite the recent challenges, the eurozone economy has been growing steadily. Inflation is approaching its target level. The […]

In his speech to the country’s business representatives, the head of the Japanese Central Bank, Haruhiko Kuroda, stated that the world economy is showing signs of recovery from the most difficult phase of the financial crisis. This is evidenced by the developed countries, whose economies are beginning to grow at an accelerating rate. This favorable […]

OPEC in Algeria is over. According to news agencies, the exchange of views of the meeting participants led to a preliminary agreement on limiting the volume of oil production. Proposed to reduce the total oil production by 796 thousand barrels per day by OPEC member countries. The largest oil producer, Saudi Arabia, is ordered to […]

The regular meeting of the Board of Directors of the Bank of Russia was held last Friday. Its participants decided to reduce the key rate to 7.5 percent. The statement of the Russian Central Bank notes that short-term inflation risks have become weaker. Most likely, in 2018 the growth rate of consumer prices will be […]