Russia FX/Rates Snapshot - December 10, 2019
This morning, markets have remained calm, while the ruble has firmed a bit more, though trading activity continues to be tepid. Today's agenda is rather light. Important will be the German ZEW surveys, which are expected to show that confidence has picked up in the German economy and that the worst is probably over, with a technical recession having been avoided recently. USD/RUB is trading near 63.6, the lower bound of the range in which it has mostly stayed for the last couple of months. Also taking into account that its mild appreciation yesterday did not seem related to fundamental factors, we expect the ruble to weaken slightly today.
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.