Finance

The Russian stock market grew focusing on the ruble

Last Thursday, Russian stock indices MosExchange (+ 0.43%) and RTS (+ 0.90%) completed the main trading with an uneven increase in relation to the levels of the previous close. At the end of the evening session, the Moscow Exchange (IMOEX2) index added 0.05%. Yesterday’s outstripping growth in the dollar RTS index was due to the continuing trend towards strengthening the exchange rate of…
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Finance

The ruble was not afraid of falling oil

On Thursday, February 11, after a short break, the Russian ruble began to strengthen again. As a result, by the close of trading on Thursday, the exchange rate of the dollar against the ruble for tomorrow’s calculations fell again, by 32 kopecks. (-0.43%), to 73.62…
Finance

Stock Markets Hold Rise on Demand for Risk

In line with the external background, where cautious optimism prevails, the Russian market returned to growth after attempts at correction. However, on the domestic markets, the rise looks too modest to bet on a significant rise in the indices during the session. Trading…
Finance

Ruble ignores IMF calls

The Russian currency at the auction on Wednesday at the moment violated the integrity of the zone 73.50 rubles. for the first time since January 21. By the end of the session, the pair minimized losses, but still maintains a downward bias. Today the dollar / ruble is trading with a slight decline, which, however, can be easily blocked in the near future, judging by the attempts to recover the…
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Finance

Oil price at 13-month highs

In the second half of the day, oil, which at the moment marked fresh 13-month highs around $ 61.70 a barrel, lost its earned points and finished trading almost unchanged, settling at $ 61. In Thursday morning trading, Brent continued to consolidate in the flat, trying to…
Finance

Bitcoin loses about 4% per day and trades about $ 45,000

Bitcoin loses about 4% per day and trades about $ 45K. After an impressive growth following the statement of Elon Musk, this can be considered a very insignificant price pullback. Although Bitcoin has not shown continued growth, while many have been waiting for testing $ 50K already in the current growth phase, the coin remains above the price level that preceded the statement of the head of…
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Finance

Bank of Russia rate forecast

We believe that, contrary to the recommendations of the International Monetary Fund (IMF) at the next meeting, the Bank of Russia will leave the key rate unchanged, that is, it will remain at 4.25%. Recall that the Bank of Russia in 2021 should reduce the rate by another…
Finance

The ruble is growing against the dollar and bitcoin

On Wednesday, February 10, mostly positive dynamics was observed on financial markets. Brent crude held above $ 61 a barrel, ending the day at $ 61.48. We continue to adhere to a moderately positive energy scenario and believe that, most likely, the black gold rate will…
Finance

Positive waves hit stock markets

On Tuesday, February 9, a green wave swept the financial markets. At the end of trading, Brent crude oil consolidated above the level of $ 61 per barrel, but further dynamics will most likely depend on the propensity of market participants to take risks. If the appetite for risk grows, Brent may rise to $ 70, but if the willingness to take risks is moderate, the oil rate will stabilize in the $…
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