Russia FX/Rates Snapshot - December 21, 2020
Given that over the last month or so risk assets have made significant gains and the dollar appears overbought, the current news about the virus - including concerns about how effective the vaccines will be against the mutated version of the virus - could trigger a strong correction. Against this backdrop, we think the dollar may firm further, pushing EUR/USD down to 1.20. The ruble, which is already down 1% to trade above 74, is likely to be further pressured by geopolitics.
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.