Russia FX/Rates Snapshot - May 19, 2021
The focus will be the minutes from the April FOMC meeting, which are likely to confirm a very dovish approach by the Fed. Against this backdrop, the dollar is still globally weak. The ruble is likely to trade close to current levels today, but in the evening it could appreciate to 73.3 if a Putin-Biden meeting is confirmed by Lavrov and Blinken.
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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