Report
Nikolay Minko ...
  • Yuri Popov

Russia FX/Rates Snapshot - October 16, 2018

Brent dipped below $81/bbl this morning. One factor behind the decline may have been a CNN report that Saudi Arabia was considering placing the blame on its operatives for the disappearance of journalist Jamal Khashoggi in Istanbul, which could ease the tensions between the country and its Western allies, including the US. The ruble logged a 0.8% gain yesterday. Upcoming tax payments should help it to further strengthen. Since exporters' hard currency selling has been muted so far this month, we expect the ruble to receive more support as the tax payments draw nearer.
Provider
Sberbank
Sberbank

​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.

Analysts
Nikolay Minko

Yuri Popov

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