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Russian Federal State Statistics Service: Russia's unemployment rate was 2.3% in July.

2026-09-03

Russian Federal State Statistics Service: Russia's unemployment rate was 2.3% in July.

Other News
2026-09-02

Reserve Bank of New Zealand: Overall, the Committee assesses that there is still spare capacity in the economy, particularly in the labor market.

Reserve Bank of New Zealand: Overall, the Committee assesses that there is still spare capacity in the economy, particularly in the labor market.
2026-09-02

On September 1st, the DR007 rate closed at 1.3841%, and further decreased to 1.3756% in early trading today, continuing to fluctuate around the policy rate of 1.4%. The People's Bank of China (PBOC) withdrew a net 598.5 billion yuan from the open mar

On September 1st, the DR007 rate closed at 1.3841%, and further decreased to 1.3756% in early trading today, continuing to fluctuate around the policy rate of 1.4%. The People's Bank of China (PBOC) withdrew a net 598.5 billion yuan from the open market today. -------- Note: Short-term money market rates such as DR007 reflect the adequacy of market liquidity. Besides loan rates for the real economy, many transactions in financial markets such as the stock and bond markets are essentially leveraged through loans, and the cost of these loans depends on short-term interest rates. DR007 is generally considered the anchor for short-term interest rates in China. The difference between DR007 and the PBOC's 7-day reverse repo rate (policy rate) indicates whether the market is short of funds. If the DR007 rate is significantly higher than the policy rate, it indicates a shortage of funds, and the PBOC may intervene to inject liquidity; conversely, if the DR007 rate is lower, it indicates very ample market liquidity.
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