Russia FX/Rates Snapshot - November 18, 2020
The ruble is stable this morning, while sentiment in global markets is fairly neutral. Of importance today will be US housing starts for October. An upbeat print would support risk sentiment today. Barring new triggers, the ruble will likely continue to essentially trade sideways. Tomorrow, however, will see the Turkish central bank deliver a much-anticipated rate decision (a hike of 4 pp is expected) that will have implications for the EM currency space as a whole.
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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