Sberbank - Russia FX/Rates Snapshot - June 3, 2019

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Sberbank

Nikolay Minko ...

Yuri Popov

Russia FX/Rates Snapshot - June 3, 2019

Given the fragile backdrop, the macro data for May due this week will be especially important. If it shows deterioration, which seems quite likely given the trade tensions and cyclical factors (the US economy was significantly boosted by temporary factors in 1Q), risk-off trading is likely to intensify. Today, the US ISM manufacturing index and final manufacturing PMIs from Europe are due. On Friday, the monthly US jobs report will be released.

03/06/2019 3 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

Nikolay Minko

Yuri Popov

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Russia FX/Rates Snapshot - June 3, 2019

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

Russia FX/Rates Snapshot - March 24, 2022. Ruble Could Take a Pause After Sharp Gains

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