Free Trial
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
- local & USD rates trade a fraction firmer this morning, having sold off sharply in yesterday's session as Duma elections concluded with UR claiming 49.82% of the vote under controversial circumstances with the e-voting system causing concern.
- The OFZ curve shifted +7-9bp higher on the day, with weakness exacerbated by broad-based risk off.
- 10Y yields have now returned to 7.20 resistance after failing to hold below 7.00 in the early part of the month and stand in oversold territory on the RSI.
- Russia's 5Y CDS also notched +10.55bp higher yesterday, but has retraced -1.28bp so far this morning.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok