Russia FX/Rates Snapshot - August 21, 2019
The ruble will probably firm a bit more later today and will likely test 66 if oil prices advance strongly, as our commodity team expects, after the EIA data at 17:30. However, at this level we would recommend buying USD/RUB, ahead of this evening's Fed minutes and tomorrow's European PMIs.
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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