Monday, December 15, 2014

Bank of Russia hikes unexpectedly interest rates 650 BPS in unscheduled meeting - December 16 , 2014 - Ruble crashing along with oil causes desperation move ?










Okay , this time the Kraken really is  released Zeus Putin.....










RUBLE GAINS 8.5%/USD, BLOOMBERG COMPOSITE NY PRICING SHOWS















Chart: central bank hikes rate 650bps to 17% as ruble in free-fall (down more than 10% over night).






















Russia Treasury holdings and Y/Y% change










Oil: The Battle For Market Share & The Saudi's 1985 Playbook















Bank of Russia: GDP May Fall 4.5%-4.7% Next Yr W/ Oil at $60









Chart: Russian whole financial system in jeopardy as the ruble collapses to over $80 to the euro -







Hmm , maybe the wrong Kraken released by the Bank of Russia  ?








...

And the Russian Central Bank shows up. Huge move in the last few seconds.















Chart: The Russian ruble down 4%. Over 60 to the dollar -