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Danish Central Bank Cuts Benchmark Rate by 10 points

Posted by Alfonso Esparza at 3:27 pm UTC, 08/27/2009

Denmark’s central Bank cut its key lending rate by 10 basis points to leave the benchmark rate at 1.35%. There was no official explanation for the cut that now leaves the Danish rate with a 35 basis points difference with the European Central Bank’s rate of 1.0%.

Filed under: Central Bank Watch, EUR

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February
10
Today’s Global
Market Events
8:30 am
CAD
Trade Balance
0.7B vs. 1.1B
USD
Trade Balance
-48.1B vs. -47.8B
9:55 am
USD
Prelim UoM Consumer Sentiment
74.4 vs. 75.0
USD
Prelim UoM Inflation Expectations
3.3%
12:30 pm
USD
Fed Chairman Bernanke Speaks
12:50 pm
USD
FOMC Member Pianalto Speaks
2:00 pm
USD
Federal Budget Balance
-58.5B vs. -86.0B