Russia FX/Rates Snapshot - March 18, 2019
This morning, the ruble has continued to firm, likely due to stop losses having been triggered, as some participants are probably closing short positions in the ruble. However, this flow likely stopped near the 64.6 level, and we may expect some upward movement in USD/RUB later today, as the recent downward move was a bit too quick and sharp. There are few important events today. Probably the most noteworthy will be OPEC's JMMC meeting in Baku.
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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