Report
Nikolay Minko ...
  • Yuri Popov

Russia FX/Rates Snapshot - May 27, 2020

Sanctions against Chinese officials and companies, as well as freezing the US assets of Chinese officials and companies, are reported to be under consideration. Against this backdrop, the yuan has weakened 0.4% today offshore, while other risk assets have found themselves pressured, including oil and the ruble. The local currency has lost ground to hit 71 as we write. We think it could retreat to 72 today should we learn that the promised US sanctions against China will be harsh.
Provider
Sberbank
Sberbank

​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.

Analysts
Nikolay Minko

Yuri Popov

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