Russia FX/Rates Snapshot - October 7, 2020
We think markets could stage a recovery today as they reorient themselves, now expecting a stimulus bill after the election, which is less than a month away. Against this backdrop, we expect the ruble to firm back to 78. The minutes from the last Fed meeting are the focus for markets today - in particular, the outlook for more Fed stimulus and under what conditions it might come.
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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