Russia FX/Rates Snapshot - April 5, 2021
Today, the focus will be the ISM US services PMI for March. It is expected to come out strong as well, in which case the dollar could get back on the advance globally, with the euro weakening to 1.172. Nevertheless, we think the ruble is poised to recover to 76, as the geopolitical situation over the weekend remained relatively calm and demand for risk assets, including EM assets, should generally be high.
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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