Russia FX/Rates Snapshot - March 4, 2019
This morning, risk assets are rallying globally, with sentiment supported on a WSJ report that the US and China are close to finalizing a trade deal and a Bloomberg report that the US is tying a lifting of tariffs to promises from Beijing to better protect intellectual property rights and buy more US products. Against this backdrop, the Chinese yuan is up 0.3%, as is the ruble. That said, optimism about the prospects for a US-China trade deal has long been priced in and S&P 500 futures are hovering near a strong resistance level. So, we doubt that risk assets will continue rallying today without evidence of real progress in the negotiations - for example, scheduling of a Trump-Xi meeting.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.