Russia FX/Rates Snapshot - January 27, 2020
The estimates of the economic damage the coronavirus epidemic may cause will likely continue to rise this week, leading to further pressure on risk assets. This morning, Brent is down 2.3%, while the Chinese yuan has weakened 0.5% versus the dollar. The ruble is off 0.3%. Risk assets will probably remain under pressure throughout the day. If so, the ruble could weaken to USD/RUB 62.6.
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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