Russia FX/Rates Snapshot - June 29, 2018
This morning, risk-on prevails as markets have received positive news. EU leaders have reportedly agreed on an immigration policy, which has caused the EUR to surge by 0.5%. Meanwhile, China has unveiled softer foreign investment curbs on banking, the automotive industry, heavy industry and agriculture. As a result, EM currencies are extending yesterday's gains, though this rally could prove short-lived if upcoming US data turns out strong.
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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