Russia FX/Rates Snapshot - November 14, 2019
The only significant positive development this morning was that the German economy unexpectedly avoided a technical recession by posting 0.1% Q-o-Q growth in 3Q. Much like the better than expected US 3Q GDP figures, this backs the thesis that PMI indexes have been painting a picture of the situation in major global economies considerably grimmer than reality. The eurozone GDP data due later today could also be stronger than anticipated and hence boost the euro.
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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