Market participants in the week ahead will receive some critical updates on Russia’s economy, while the Bank of Russia is on tap to announce its next monetary policy decision after cutting its key rate in mid-December.
Interactive Brokers senior market analyst Steven Levine provides some insights into Russia’s flagging economy, amid slowing manufacturing and services sectors, as well as lower inflation and cheaper oil prices. Against this backdrop, the Bank of Russia will decide on its next key rate, after electing to cut rates five times in 2019.
Video Length: 00:03:25
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The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
The author does not hold any positions in the financial instruments referenced in the materials provided.
Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading futures, please read the CFTC Risk Disclosure. A copy and additional information are available at ibkr.com.
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