Russia FX/Rates Snapshot - March 3, 2021
Today will be the ADP labor market report for February, which will show how many jobs were added. The consensus is expecting 200k. A strong print would likely send long-dated US Treasury yields higher and the dollar would firm. We think in such a case the ruble would weaken slightly to USD/RUB 74.
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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