The Russian stock market remains in a symbolic positive territory
The Russian stock market on Friday morning is trading mixed. The RTS and Masuri in a symbolic positive territory. Trading volumes today will be below normal in connection with the closing exchanges of the USA and Europe due to good Friday. External background is positive, the results of American earnings reports pleased investors. Evidence of a conspiracy Donald trump, Vladimir Putin is not.
Brent crude is trading at $72,01 per barrel, showing an increase of 0.5%. This is a very comfortable level. Markets await a U.S. decision on Iran and the developing situation with “OPEC+”. The ruble is weak in the red. The corridor is expected today on the pair dollar/ruble 63.8-64,1, Euro/ruble — 71,8 is 72.3. Index Mosuri will hold today’s auction in the hallway 2550-2570 points.
According to information from business circles, the harsh public criticism of Russia, Alexander Lukashenko should not be considered outside the context of the current international situation, in which the President of Belarus for almost 20 years being one of the main allies of Putin, is the political “guide”, engaged in communication between the EU and Russia. And, of course, the “Golden share of the Kremlin” for the presidential election of 2024.
However, it is unclear which platform will be selected for integration — the Eurasian Union or the Union state, and that will be the basis of economic structure — the analog of the Euro, a supranational currency or the Russian ruble.
We mentioned many times that we are closer to the position of Alexander Lukashenko, i.e. the analogue of the Euro. In this case, from a financial point of view, this project only makes sense with a connection of Kazakhstan. It would be right to a Eurasian currency or “Altyn” is equal to 100 current Russian rubles. In this case, the purchasing power of Altyn would be roughly equal to the Soviet ruble 1987, but the dollar would be worth 60-70 cents.
Euro/dollar 1,125. Calendar, statistics, empty, low volume.
Alexander Razuvaev, Director of information-analytical center,