Russia FX/Rates Snapshot - September 19, 2018
Against the still-positive backdrop, the ruble has continued to advance, gaining 0.5% this morning. It was also supported by President Trump's statement that the US does not plan to sanction Nord Stream-2. We believe it may strengthen further today in the absence of negative news, supported by the risk-on mood. As for global events, EU leaders are meeting in Salzburg today and tomorrow for a Brexit summit. Positive headlines indicating that a Brexit deal is on track could boost the pound and the euro.
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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