Russia FX/Rates Snapshot - July 30, 2019
This morning, the euro is slightly down on weaker than expected French 2Q GDP growth, while the pound has extended its losses. The ruble is up slightly. There are few potentially market-moving events today. The most notable is the release of the US core PCE data for June, which will likely show a rebound in the Fed's preferred inflation measure closer toward its 2% target. We expect the ruble and the major global currencies to trade sideways today.
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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