Russia FX/Rates Snapshot - August 15, 2019
This morning, the ruble and EM currencies are mildly recovering, although volatility persists. Today, investors will eye US July retail sales and industrial production. Any significant deviation from the consensus either way could spur further risk-off - a worse than expected print will stoke fears that the US economy is finally slowing down, while an upbeat reading will cast doubt over Fed cuts in the near term.
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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