Russia FX/Rates Snapshot - July 15, 2021. Positive Backdrop for Risk Assets
This morning, the ruble is trading at 74.2. Risk appetite gained support this morning from upbeat data out of China. Both retail sales and industrial production advanced more than expected in June (up 12% and 8.3%, respectively). Chinese 2Q21 GDP data, meanwhile, generally came in line with forecasts at 8% y-o-y growth.
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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