Russia FX/Rates Snapshot - August 22, 2018
This morning, the ruble is off 0.8%, again underperforming peers. There is some local bid for rubles, whereas internationals still seem cautious, which may owe to the fact that the US is set to implement the first round of sanctions related to the Skripal case today, though many view this development as insignificant given that most of the measures have already been implemented. Still, we believe that upbeat global sentiment, stronger oil prices and upcoming tax payments will provide support for the ruble, perhaps enabling it to recover somewhat, at least in the short 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.
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.