Russia FX/Rates Snapshot - March 11, 2019
Over the weekend, Fed Chairman Jerome Powell reiterated the Fed's stance, saying that interest rate policy was "in an appropriate place" and that the Fed was in no rush to change it. With that in mind, we expect the dollar to descend from its recent highs, as we see last week's rally as likely exhausted. Supporting our view is the euro's failure to react to quite weak German industrial production data for January this morning. However, not everything is all that bad in the eurozone, as the French figures released on Friday beat expectations.
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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