Ruble Selloff Looks Overdone, Should Gain on Oil: Sberbank CIB
Source: BFW (Bloomberg First Word)
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SBER RM (Sberbank of Russia PJSC)
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UUID: 7947283
(Bloomberg) -- Most of recent selling was foreign speculators unwinding OW long RUB positions, Sberbank CIB analysts say in e-mailed note.
Alert: HALISTER1- Expects RUB to strengthen to 65 vs USD on oil recovery amid push to agree on output freeze before OPEC meeting
- NOTE: RUB strengthens 0.9% to 65.43 vs USD
Source: BFW (Bloomberg First Word)
Tickers
SBER RM (Sberbank of Russia PJSC)
To de-activate this alert, click here
UUID: 7947283