Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Indexes  >  RUSLAND-RTS       

RUSLAND-RTS

SummaryChartsNewsHeatmapComponents 
SummaryMost relevantAll NewsNews of the index components

Rouble firms on U.S. stimulus hopes, three OFZ bond auctions in focus

10/21/2020 | 03:43am EST

MOSCOW, Oct 21 (Reuters) - The Russian rouble firmed ahead of three government bond auctions on Wednesday, hitting a more than one-week high against the dollar, as rekindled hopes for a new round of U.S. economic stimulus measures supported riskier assets.

At 0733 GMT, the rouble was 0.4% firmer against the dollar at 77.04, its strongest since Oct. 13. It had gained 0.2% to trade at 91.30 versus the euro.

Brent crude oil, a global benchmark for Russia's main export, was down 1.1% at $42.67 a barrel.

Negotiations over a new coronavirus relief package were due to continue on Wednesday, with U.S. President Donald Trump having signalled a willingness to accept a $2.2 trillion aid bill despite opposition from his own Republican Party.

That helped riskier assets, but the external backdrop for Russia was only faintly positive, said Andrei Kochetkov, an Otkritie Brokerage analyst. The finance ministry's three OFZ auctions might give the rouble the chance to firm past the 77 and 91 thresholds versus the dollar and euro respectively, he said.

Last week saw a record high placement of Russian government bonds, which are usually seen as a gauge of investor sentiment towards Russian assets.

Rising coronavirus cases at home and abroad continued to exert pressure on Russian assets, as did lingering political crises and a military conflict within Moscow's sphere of influence.

"Local instability comes from a lack of risk appetite and unstable oil price dynamics due to the pandemic, sanctions and the precarious geopolitical situation and the upcoming U.S. election," said BCS Global Markets in a note.

Russian stock indexes were rising.

The dollar-denominated RTS index was up 0.9% to 1,151.2 points. The rouble-based MOEX Russian index was 0.5% higher at 2,815.8 points.

For Russian equities guide see

For Russian treasury bonds see

(Reporting by Alexander Marrow; Editing by Mark Potter)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL 1.00% 48.6 Delayed Quote.-28.42%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) -0.78% 74.5374 Delayed Quote.22.57%
WTI 1.03% 45.55 Delayed Quote.-28.04%
All news about RUSLAND-RTS
11/26Russia's central bank says record Q3 flow of retail investors into assets
RE
11/13Rouble steadies, weighed by COVID-19 fears; Sistema shares rally
RE
11/05Russian rouble, stocks lifted by U.S. election, oil price recovery
RE
11/05Volatile rouble recovers from recent lows after U.S. election
RE
11/02Russian rouble tumbles on eve of U.S. election
RE
10/27Rouble dives on pandemic uncertainty, monthly tax support ebbs
RE
10/27Rouble eases amid pandemic uncertainty, helped by recovering oil prices
RE
10/21Rouble firms on U.S. stimulus hopes, three OFZ bond auctions in focus
RE
10/14Moscow Exchange bets on retail investors, more listings
RE
10/14Moscow Exchange bets on retail investors, more listings
RE
More news
News of the index components RUSLAND-RTS
10/07PAO SEVERSTAL : quaterly sales release
08/14PAO SEVERSTAL : quaterly earnings release
07/07PAO SEVERSTAL : half-yearly sales release
04/21PAO SEVERSTAL : quaterly earnings release
2019SEVERSTAL' : Severstal launches platform to promote open innovation
PU
2019SEVERSTAL' PAO : Ex-dividend day for interim dividend
FA
2019SEVERSTAL' : Publication of Prospectus
PU
More news
Chart RUSLAND-RTS
Duration : Period :
RUSLAND-RTS Technical Analysis Chart | MarketScreener
Top / Flop RUSLAND-RTS
PAO SEVERSTAL 1170 End-of-day quote.2.99%