Russia FX/Rates Snapshot - July 2, 2018
This morning, oil has retreated from its recently hit peak of almost $80/bbl, and risk sentiment is much worse. The ruble is down 0.6%, in line with peers, while FX turnover is elevated. We see some additional room for ruble depreciation today, given that over last week the ruble was an outperformer.
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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