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Strong Bullish Reversal

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Sell-Off Exposes Key Support

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RUSSIA

LOCAL NEWS

  • Govt detains 4k Navalny supporters following more significant weekend protests, despite a harder crackdown from authorities on supporters and allies.
  • Family members and legal associates were placed under pre-trial house arrest for encouraging protest action and contravening Covid restrictions.
  • Focus this week on tomorrow's trial where Navalny could face 3.5 years in prison
  • Deputy Foreign Min Grushko says EU sanctions contradict the interests of the bloc.
  • Says EU's persistent efforts to make horizontal sanctions mechanisms is a slippery slope that leads nowhere, opening up legislation to target Russian business, people and institutions and creating colossal uncertainty
  • FY20 GDP at 1600GMT
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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