Archive for October 5th, 2021

Central Bank Watch

January’s Romanian Central Bank Rate Cut Reversed at this Month’s Review

October 5, 2021

The National Bank of Romania‘s has raised its monetary policy rate by 25 basis points to 1.5%. At the onset of the pandemic, the rate had been slashed during 2020 by 50 basis points in March, 25 bps in May and 25 bps in August. The easing culminated with a fourth cut in January to […] More

New Overnight Developments Abroad - Daily Update

A Respite from Monday’s Difficult Day

October 5, 2021

Following a technology-led rout, U.S. equities are currently up around 1.25%, and the German, French, Italian and British bourses show rises of 0.6-1.0%. This rebound was not reflected in Asia, where share prices closed down 1.9% in South Korea, 1.3% in Japan, 0.9% in Indonesia, and 0.7% in Singapore. New Zealand and Australia markets dropped […] More