Eastern European Inflation Rates – Update.

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[ Source: Concorde Asset Management]   In 2014, Romania’s inflation rate floated in a 0.9%-1.8% range through the year. While dipping as low as 0.4% in Feb’15, the Romanian inflation rate estimate came back to 1.3% in May’2015, with a Romanian Central Bank target of 2.5%. A base rate adjustment of -25bps was announced by the RCB on May 6, 2015, raising base interest … Read More

Is Oil Price Around 100 Dollars Again?

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A significant increase of oil price – 100 dollars a barrel – is expected by Mohammed bin Hamad Al Rumhy, Minister of Oil and Gas, Sultanate of Oman. In the interview he gave to alapblog.hu, the influential expert and politician said: he thinks that at the summit of oil exporting countries in early June, or at the following meeting, the majority of the member … Read More

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