Market Outlook

22.03.2016
The Russian equity market and the ruble saw positive dynamics last week thanks to the oil price growth, as well as some support from the global markets which grew on the back of the mid-week dovish statements from the Federal Reserve which lowered expectations of the number of rate hikes from four to two.
16.03.2016
The Russian equity market stayed virtually unchanged during the last week which had only three working days due to the International Women’s Day holidays.
10.03.2016
The Russian equity market and the ruble enjoyed a week of growth triggered by a 10% surge in oil prices, which continue to be supported by ongoing talks around output freeze by key global players.
01.03.2016
In a 3-day workweek after the national holiday, the Russian equity market and the ruble saw more growth on the back of positive oil price dynamics, which were supported by China’s promises of efforts on sustaining economic growth.
26.02.2016
During a long week (there were six working days due to a shift of a Saturday day off to Monday) the Russian equity market and the ruble demonstrated positive dynamics mainly due to oil price growth in the beginning of the week, which was driven by the newsflow surrounding potential agreement between oil producing countries on freezing oil production levels.
17.02.2016
The Russian equity market and the ruble declined last week mainly on the back of an oil price contraction.
09.02.2016
The Russian equity market and the ruble were rather volatile last week mainly on the back of high volatility on the oil market.
03.02.2016
The Russian equity market and the ruble continued increasing due to continued rebound in oil prices. The rumor of a potential coordinated cut in oil production by Russia and OPEC was one of the factors supporting this rebound.