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Russiaâs central bank once again shifted the rouble's floating trading band against the dollar-euro basket, taking it to 34.50. UK industrial and manufacturing production figures for January were extremely disappointing. Industrial production was down 0.4% on the month and 1.5% from one year before, while manufacturing production slipped 0.9% from December but was up 0.2% year-on-year. The Reserve Bank of New Zealand has left its key interest rates on hold at 2.50%. The price of a barrel of crude oil reached a two-month high of USD 83.03.
Source: Pictet
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