Russia FX/Rates Snapshot - January 28, 2020
This morning, global markets have stabilized. Stock indexes and the yuan are up, while the ruble has managed a gain of 0.3%. We think it could continue to strengthen to 62.6 this morning, backed by a high premium in the spot rate versus the CBR fixing. Yet any gains are likely to be short-lived without positive news out of China.
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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