Russia FX/Rates Snapshot - November 10, 2021. High US CPI Reading Could Boost Dollar
The spotlight today is on the October CPI data from the US. If the headline m-o-m reading is above the expected 0.6%, we could see the dollar continue to strengthen, potentially pushing the ruble back to the 71 mark. A higher reading is certainly possible given the strengthening upward pressure on prices across the globe due to supply chain issues and the energy crisis.
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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