Sberbank - Russia FX/Rates Snapshot - July 8, 2021. 100 bp Rate Hike Looking Increasingly Likely

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Sberbank

Alisa Zakirova ...

Igor Rapokhin
Yuri Popov

Russia FX/Rates Snapshot - July 8, 2021. 100 bp Rate Hike Looking Increasingly Likely

Risk appetite this morning might be boosted by news that the PBoC is considering softening monetary policy by reducing bank reserve requirements. As investors will likely be pricing in a higher probability of a 100 bp increase at July's CBR meeting, the overall backdrop today will be conducive for the ruble to post slight gains.

08/07/2021 1 EN

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Sberbank

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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Analysts

Alisa Zakirova

Igor Rapokhin

Yuri Popov

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Russia FX/Rates Snapshot - July 8, 2021. 100 bp Rate Hike Looking Increasingly Likely

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

Commodities Daily - March 24, 2022

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