Russia FX/Rates Snapshot - May 13, 2020
This morning, the local currency has managed to advance slightly. Markets do not seem too worried about a bill in the US Senate envisaging sanctions against China should it not satisfy US demands for information about the coronavirus outbreak. The main event for the ruble today will be EIA US weekly oil inventories. If the expected build turns out modest, the ruble could push toward 73, supported also by foreigners picking up OFZs.
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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