Russia FX/Rates Snapshot - April 19, 2019
Today, trading will be calm given the Easter holiday. Important events are limited to US housing starts for March (15:30 Moscow time). We expect the ruble to trade flat near 64, but next week we think it could test YTD highs and even strengthen to 63 on elevated FX selling from exporters to pay taxes along with strong foreign demand for OFZs. The 63.6 level (the strongest level YTD) will be important, as it represents strong support.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.