Russia Central Bank head Nabiullina says short-term inflationary risks related to state fx purchases have not materialised. Central Bank may cut rate next week by up to 50 pct

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20 April 2017

Russia Central Bank head Nabiullina says short-term inflationary risks related to state fx purchases have not materialised. Central Bank may cut rate next week by up to 50 pct

Sovereign treasury bonds in yuan will set benchmark for companies
Fx state purchases have limited impact on rouble
Monetary policy to remain moderately tight to stabilise inflation near 4 pct
Inflation reached 4.1 pct as of april 17

Centrist candidate Macron to get 23 pct (unchanged) in 1st round of French election, Le Pen 22 pct (unchanged), Fillon 20 pct (unchanged), Melenchon 19 pct (unchanged) - Opinionway poll

Bulgaria jan-feb current account posts surplus of 0.7 pct/gdp vs surplus of 0.2 pct/gdp yr ago- Central Bank

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