Free Trial

Putin Speaks on Russia's Arctic Regions Later Today

RUSSIA
  • Putin is due to be holding a video conference today (no set time), in which he will discuss Russia approach to their Arctic region. First deputy PM Belousov speaks in front of the Federation Council on the topic of economic aid, while the Audit Chamber head Kudrin also speaks.
  • Weekly CPI data is due later today, with the prior YTD figure coming in at 9.99%.
  • USDRUB has extended its minor recovery above the 80.00 handle in recent sessions, with focus remaining on any formal or legal declaration of a foreign currency default (a charge that Russian authorities have stated they will challenge). Nonetheless, USD/RUB remains comfortably off recent highs, but is within range of the lower levels printed since late February (last week), having hit 76.1853 before stabilising on Friday.

To read the full story

Close

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.