Week Ahead (Feb 3-7): Bank Of Russia Could Cut Key Rate Further As Cost Of Crude Slides

Interactive Brokers senior market analyst Steven Levine provides some insights into Russia’s flagging economy, amid slowing manufacturing and services sectors, as well as lower inflation and cheaper oil prices. Against this backdrop, the Bank of Russia will decide on its next key rate, after electing to cut rates five times in 2019.

Video Length: 00:03:25

DISCLOSURE: AUTHOR SECURITY HOLDING: NO POSITIONS

The author does not hold any positions in the financial instruments referenced in the materials provided.

DISCLOSURE: FOREX

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