CBR Update - US-China Trade Arrangement Points To CBR Rate Cut This Month
We believe that the trade arrangement reached by the US and China last week removes the final obstacle to a CBR rate cut at its meeting next Friday. That could be followed by another at the December meaning, which would suggest a key rate as low as 6.50% at the year end.
Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.
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