Report
Nikolay Minko ...
  • Yuri Popov

Russia FX/Rates Snapshot - September 5, 2018

This morning, the dollar is advancing again, while EM currencies are falling further. The ruble has lost 0.6%. Investors are likely cautious ahead of the US Senate hearing scheduled for 16:30 Moscow time, during which foreign meddling in elections via social media will be discussed. The top managers of Facebook, Twitter and Google will testify, which could lead sanctions rhetoric to intensify. Moreover, an escalation in Syria is also possible, which would be negative for the ruble. It was reported that the Russian air force had started bombing Idlib yesterday, a move that President Trump had warned against. Also, on Thursday, another hearing in the US Senate is scheduled, which will examine "outside perspectives" on Russia sanctions, focusing on their "current effectiveness" and the "potential for next steps."
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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