Russia FX/Rates Snapshot - June 11, 2019
The ruble traded flat yesterday and activity was very low. This morning it is up by 0.4%, likely due to a combination of improving risk sentiment and technical reasons: USD/RUB consolidated below the fairly strong support level of 64.8 yesterday and could now head to 64.2. Also, FX turnover is up this morning, indicating that investors are eager to buy the ruble even ahead of tomorrow's public holiday, when the Russian markets will be closed. On the data front today, investors await the US PPI for May.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.