Russia FX/Rates Snapshot - March 13, 2019
The ruble yesterday appreciated by 0.5% on a weaker dollar, and was supported by exporters, though trading activity remained rather low. Today, we expect it to again advance mildly, to 65.4 as the OFZ auctions will likely be well bid by internationals. As for global events, besides Brexit news, investors will eye eurozone industrial production at 13:00 Moscow time. Any positive or even neutral data will likely support the euro.
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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