Russia FX/Rates Snapshot - April 1, 2021
Markets appear moderately optimistic this morning after US President Biden presented his $2.25 trln plan yesterday, which would run for eight years and be funded via corporate tax hikes. Today's focus will be on the OPEC+ meeting, which appears likely to maintain crude production curbs and prove supportive for oil prices. Under these conditions, we see the ruble recovering to 75.5 today.
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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