SaxoTV

Kazakova: Should you be trading Russia again?

383 views
October 28, 2015 OI, business, content, content tv, cr, credit, crisis, crops, crude, crude oil, crude oil price, crude oil prices, crude price, crude prices, crude spread, crudeoil, eu, eu russia, eurrub, finance, gas, news, news video, oil, oil and gas, oil commodities, oil company, oil demand, oil drop, oil gains, oil industry, oil inventories, oil market, oil markets, oil news, oil price, oil prices, oil production, oil range, oil refinery, oil spread, oil stockpiles, oil stocks, oil supplies, oil supply, oil trading, oil wealth, oilsupply, rates, rub, ruble, russia, russia bonds, russia crisis, russia crude, russia economy, russia eu, russia inflation, russia investment, russia oil, russia rates, russia ruble, russia sanctions, russia stocks, russian, russian central bank, russian currency, russian economy, russian equities, russian gas, russian government, russian politics, russian ruble, russian shares, sanctions, saxo tv, tradingfloor.co, tv, usdrub, video, wt, wti, wti and oil, wti brent, wti brent spread, wti crude, wti crude oil, wti export russia, wti price, wti russia, wti russia us, wti supply, wti ukraine, wti vs brent, wticrude
Is now the time to be trading the Russian market? Although the rouble has declined in the past twenty-four hours, geo-political tensions surrounding Ukraine have eased and most asset classes have staged a significant recovery from summer lows. On Friday the Russian central bank announces whether it'll lower interest rates for the sixth time this year.
Russia expert, Nadia Kazakova, isn't convinced. The country relies on oil and gas for fifty percent of its revenue and real recovery, she says, depends on the oil price being far higher than the sub-fifty dollars a barrel we're currently seeing. She also points out why Russia could miss out on any end of year liquidity rally despite many global central banks extending stimulus programmes.