Rouble Dives as US Congress Publishes New Sanctions Bill
In August, markets are notoriously prone to sharp moves owing to thin liquidity. On Wednesday 8 August, the rouble plunged as the markets digested...
361 Views
We Do Not Expect Fireworks After Trump/Putin Summit
On 11 July, US President Trump began his week-long visit to Europe. He will attend a two-day NATO summit and meet UK PM Theresa May...
415 Views
Rouble Is Vulnerable to Selling Pressure as World Cup Nears Finals
Russia did not seriously expect to win the World Cup. The government probably hoped to showcase the country's provinces rarely visited by...
319 Views
While Russians Watch World Cup, Government Hikes Pension Age and VAT
Last Friday, the Russian currency and fixed income instruments sold off sharply. Earlier that day, the CBR kept its policy rate on hold, but...
97 Views
Putin Is Sworn In for Next Term, Unveils Ambitious Modernisation Plan. Can Russia Afford It?
Sovereign debt investors who like bottom fishing should take a look at Russian sovereign debt, which looks cheap to us, especially given the...
115 Views