Report
Alisa Zakirova ...
  • Nikolay Minko
  • Yuri Popov

Russia FX/Rates Snapshot - December 10, 2020

The key event today will be the ECB meeting at which the PEPP might be extended from the middle of next year until mid-2022, with the size potentially being increased from EUR1.350 trln to EUR2 trln or even more. This should support risk assets today and may push EUR/USD back down to 1.206, particularly if Christine Lagarde tries to intervene verbally to blunt the European currency's recent sharp appreciation. Also important today will be the US inflation print for November. If it comes in at zero, as was the case in October, that would increase the likelihood that the Fed will boost its purchases of long-dated Treasuries.
Provider
Sberbank
Sberbank

​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.

Analysts
Alisa Zakirova

Nikolay Minko

Yuri Popov

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