Russian Stocks Are Crashing
Down over 5%, Russia's RTS Index has plunged to its weakest level since Dec 2014 and the peak of its existential crisis mid-Ukraine/currency-crisis/oil-collapse. This is Russia's biggest one-day drop since April 2015. The Ruble continues to tumble (despite CNH strength) as oil pushes to new cycle lows...
Russian stocks are tumbling...
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And The Ruble is heading back towards record lows against the USD...
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Ruble's record intraday low of 79.1688 is just 2 handles away.
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