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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
RUSSIA
- Russian stocks cautiously reopened yesterday with a number of conditions imposed on short-selling and only the 33 most liquid stocks open for a 4-hour session.
- The MOEX closed +4.37% higher after trimming the rise to +11.58%, while the RTS $ index fell -9%. At present, the MOEX remains 19.08% below the 22 Feb close.
- USD/RUB BGN pared early downside as NATO states continued to ratchet up the sanctions pressure and highlighted chemical/nuclear threats from Russia - pushing price action higher to close the day at 102.21.
- The cross is -1.59% lower this morning, hovering above the 100, despite marginally softer natgas and oil markets.
- Intraday Sup1: 98.5155, Sup2: 94.9775, Res1: 103.22, Res2: 105.696
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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