Geopolitics Alpha

Russian Central Bank Holds Key Interest Rate Steady

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Russian Central Bank Holds Key Interest Rate Steady

Russia’s Central Bank decided to hold its key interest rate at 14% during its latest meeting on Friday, weighing inflation risks against the need to lower currently high borrowing costs for businesses and consumers as the Kremlin prioritizes spending on the war against Ukraine.

Directly affected

  • No company is named in this report.

Indirectly affected

  • LMT Lockheed Martin+14.2%

    Defense contractors get more work when conflict spending rises

  • RTX RTX-2.2%

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman+5.1%

    Defense contractors get more work when conflict spending rises

  • XLE Energy Select Sector SPDR+7.4%

    Energy prices move when Russian supply is at risk

  • GD General Dynamics-2.1%

    Defense contractors get more work when conflict spending rises

  • ITA iShares U.S. Aerospace & Defense-6.7%

    A fund of aerospace and defense companies

  • TLT iShares 20+ Year Treasury Bond-1.8%

    Long-term bonds move when yields change

  • IEF iShares 7-10 Year Treasury Bond-0.9%

    Treasury bonds move when yields change

  • USO United States Oil Fund+8.2%

    This fund moves with oil prices

  • WEAT Teucrium Wheat-4.3%

    Wheat prices rise when Black Sea grain is disrupted

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LMT-6.43%-7.02%base+2.63%after closeafter closeafter close
RTX-0.33%-0.66%base-1.72%after closeafter closeafter close
NOC-5.86%-3.30%base-0.12%after closeafter closeafter close
XLE+0.97%+0.55%base+2.56%after closeafter closeafter close
GD-1.89%-1.84%base-0.37%after closeafter closeafter close
ITA+2.30%+0.79%base-0.99%after closeafter closeafter close
TLT-2.07%-1.97%base-0.53%after closeafter closeafter close
IEF-0.86%-1.06%base-0.15%after closeafter closeafter close
USO-0.46%-1.11%base+4.31%after closeafter closeafter close
WEAT+5.05%+3.06%base-0.26%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Russian Central Bank Holds Key Interest Rate Steady The Moscow Times

Source: The Moscow Times

This story

CompanyWhenMoveStatus
GDthat day-0.37%final price
GDthree days earlier-1.84%final price
GDfive days earlier-1.89%final price
IEFthat day-0.15%final price
IEFthree days earlier-1.06%final price
IEFfive days earlier-0.86%final price
ITAthat day-0.99%final price
ITAthree days earlier+0.79%final price
ITAfive days earlier+2.30%final price
LMTthat day+2.63%final price
LMTthree days earlier-7.02%final price
LMTfive days earlier-6.43%final price
NOCthat day-0.12%final price
NOCthree days earlier-3.30%final price
NOCfive days earlier-5.86%final price
RTXthat day-1.72%final price
RTXthree days earlier-0.66%final price
RTXfive days earlier-0.33%final price
TLTthat day-0.53%final price
TLTthree days earlier-1.97%final price
TLTfive days earlier-2.07%final price
USOthat day+4.31%final price
USOthree days earlier-1.11%final price
USOfive days earlier-0.46%final price
WEATthat day-0.26%final price
WEATthree days earlier+3.06%final price
WEATfive days earlier+5.05%final price
XLEthat day+2.56%final price
XLEthree days earlier+0.55%final price
XLEfive days earlier+0.97%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid “Russian Central Bank Holds Key Interest Rate Steady” looks

12 out of 100

“Russian Central Bank Holds Key Interest Rate Steady” scores 12 out of 100. The score uses 1 sources.