Russia FX/Rates Snapshot - November 15, 2021. Ruble Recovering After Sharp Selloff on Friday
This morning the ruble has recovered to 72.5, while global markets are fairly calm. The geopolitical situation remained fairly calm over the weekend, which should help the ruble to pare back losses today. In focus will be an online meeting today between the US and Chinese presidents. This could end up being positive for global markets, particularly given that the US has mentioned the possibility of canceling some of the tariffs on Chinese goods that were implemented during the Trump presidency.
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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