Russia FX/Rates Snapshot - June 1, 2020
The ongoing unrest in the US is starting to make markets nervous. This may mean that the US will take a pause in its confrontation with China as it turns its focus to the domestic turmoil. This morning, the ruble has firmed further to 69.85 amid the moderate optimism prevailing in global markets. Risk sentiment may also be supported by ISM manufacturing prints due today, which, although unlikely to break through the 50 mark, may show improvement.
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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