Russia FX/Rates Snapshot - December 17, 2019
Today, a bunch of US data for November will be published, most notably housing starts and industrial production. If it is positive, which seems quite likely, we would expect the dollar to advance mildly against DM peers. As for EM currencies, including the ruble, which is currently hovering near 62.5, it could strengthen once again ahead of the US market opening, as risk-on appears set to prevail, especially if the US data is upbeat.
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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