Report
Nikolay Minko ...
  • Yuri Popov

Russia FX/Rates Snapshot - October 29, 2018

This morning, major currencies are steady, but overall risk sentiment remains fragile. Investors will likely eye today the dispute between the US and China over intellectual property that has been taken to the WTO. As for key data, the US PCE deflator for September (the Fed's preferred inflation gauge) will be released. The ruble will likely trade sideways today. Although there may still be some support from residual tax-related FX selling, the tax period is almost over, and we expect the ruble to become more vulnerable to external conditions ahead of next week's US midterms, the results of which may go some way toward clearing up the geopolitical uncertainty.
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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