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22 Aug 2019

RUB come under more selling pressure in coming months – Rabobank

Rabobank analysts note that the Russian ruble has trimmed its year-to-date gains from more than 10% to 6.2% since the trade conflict between the US and China escalated markedly.

Key Quotes

“In the coming months we anticipate that the ruble will come under more selling pressure as protectionist policies continue to spread and the outlook for the global economy worsens, which would have negative consequences for the Russian economy.”

“Apart from the trade war, we discuss in our report various domestic factors which could weigh on the ruble.”

Aug 22, 2019

ECB: Growing concerns about growth and inflation outlook – ING

According to Carsten Brzeski, chief economist at ING, the ECB is concerned is probably the main message from the just-released minutes of the July mee
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Aug 22, 2019

US Pres. Trump: Fed puts us at a disadvantage against our competition

US President Donald Trump recently crossed the wires arguing that the Federal Reserve is putting the US at a disadvantage against the competition. "Ge
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