The August 28th Emerging Europe Markets Monitor from Capital Economics, a leading independent macro-economic research companies, had this to say about Russian stocks and the Russian Ruble:
Claims by Ukraine’s government that Russia has deployed troops in the east of the country have led to sharp falls in financial markets across Emerging Europe today. Some of the sharpest falls have, understandably, been in Russia itself, where hopes that a diplomatic solution to the crisis might be found had triggered a rally in the stock market in the early part of this month. This always seemed somewhat optimistic to us and, while the latest spat could yet blow over as both sides pull back from the brink, we expect both Russian stocks and the ruble to remain under pressure over the coming months.
To read the whole article, Renewed escalation in Ukraine hits region’s financial markets, go to the website of Capital Economics’ Emerging Europe Markets Monitor.
Similar Posts:
- Emerging Market Hedge Fund Assets Rise to a Record Despite Russian Losses (PR)
- Heatmap: Structure of Russian Exports (Research Affiliates)
- Ukraine War Poses a Threat to EU Industry (RaboResearch)
- Russia Ukraine War’s Global Impact (MetLife Investment Management)
- Graph: The Structure of Russia’s Foreign Debt (Research Affiliates)
- Franklin Templeton’s $7.6bn Bond Bet on the Ukraine is 6X Bigger Than its Russian Bond Holdings (EM)
- Sanctions on Russia: Disruptions in Emerging Markets (Global Risk Institute)
- Resolving the SE Ukraine Conflict Would be a “Massive Buy Signal” for Russia (CNBC)
- Russian Equities are at “Too Big a Discount” (CNBC)
- State Street Global Advisors’ CIO: Russia Stocks Could See Further Selloffs (FE Trustnet)
- Coutts CIO: Russian Stocks Now Appear Attractive (FE Trustnet)
- Russian Stocks Are Trading Cheaper Than Half of Their Book Net Asset Value (MT)
- Old Russia Hands’ Poll: Where Will Russia’s Economy Be in 5 Years? (MT)
- FPA Crescent (FPACX) Fund Makes Some Interesting Emerging Market Stock Bets (Kiplinger)
- 4 Reasons Ruble Bulls are Optimistic About Russia’s Currency (MarketWatch)
