Russia FX/Rates Snapshot - January 13, 2021
Today, on the back of a drop in US inventories Brent oil has risen by more than 1% to surpass the $57/bbl level. The ruble has firmed slightly to 73.4 and could be headed for 72.8 today if the global weakness of the dollar continues. In focus today will be US inflation for December. If price growth does not come in too far above the consensus, the dollar weakness will likely continue.
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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