Magazine for Forex Traders

Today the Central Bank of Japan announced its decision not to change the base rate and to keep it at the same level – minus 0.1 percent. The head of the Central Bank, Haruhiko Kuroda, said that despite the country’s strong economic growth, it is not advisable to give up incentives. Inflation should wait until […]

The summit will consider the search for new opportunities for the economic development of participating countries, as well as the management of the global economy and finance. In addition, it is envisaged to discuss how to revive global trade and investment between countries. According to the news agencies, the summit gave priority to bilateral meetings […]

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 […]

Vienna hosted the event expected by the oil market participants – the meeting of OPEC.As a result of this agreement, the expected decision was made to extend the agreement on the reduction of oil production until April next year.The oil ministers of …