- Andrey Gromadin
- Anton Stroutchenevski
- Artem Vinogradov
- Arthur Cherkesov
- Cole Akeson
- Konstantin Samarin
- Research Team
CIS Market Daily - January 13, 2022
MARKET COMMENT - MULTI-DECADE HIGH FOR US INFLATION AND A NEW US SANCTIONS BILLThe global rally slowed after the US printed the highest inflation reading in decades of 7.0% y-o-y. Russia lagged peers with a 1.1% gain on the RTS amid at best neutral commentary from the Russia-NATO meeting and the unveiling of a new US sanctions bill. The OSCE summit and Fed vice chair nominee Lael Brainard's testimony are among key items to watch. STORIES> US senators unveil new sanctions bill with White House backing> Russian state pensions to increase by 8.6% this year, but not for all> Inflation comes in at 8.4% in 2021 and 0.6% over January 1-10> Gazprom Neft plans to buy out Repsol's stakes in two exploration JVs in 1Q22> TCS purchases crypto exchange> Kazakh inflation eases to 8.4% y-o-y in December
Gazprom Neft PJSC is vertically integrated oil company operating in the Russian Federation, CIS and internationally. Co.'s principal activities include exploration, production and development of crude oil and gas, production of refined petroleum products and distribution and market ing operations through its retail outlets. Co.'s Upstream segment includes the exploration, development and production of crude oil and natural gas (including joint ventures results), oil field services. Co.'s Downstream segment processes crude into refined products and purchases and sells and transports crude and refined petroleum products (refining and marketing).
TCS Group Holding is a retail banking services group based in the Russian Federation. Co. is principally engaged in providing retail banking services in the Russian Federation through its subsidiaries, primarily Tinkoff Credit Systems. Co., through this subsidiary, fully licensed by the Central Bank of Russia and a member of the Deposit Insurance System, specializes in credit cards. Co. provides online retail financial services through a branchless operating platform. Co. also offers remote access to its financial products and services through its online banking as well as through mobile banking and high-volume call centers.
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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