Russia FX/Rates Snapshot - May 7, 2020
Closer to evening yesterday the ruble managed to pare back some of the losses and has even recovered to 74.3 today. We expect the ruble to trade sideways in the coming days. Eyes will be on US initial jobless claims, which, although they have remained high in recent weeks, have settled into a downtrend.
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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