with Oli | Strategies


Russia … how low will it go?

After some stabilizing in the Russian markets … the Russian central bank gave a signal yesterday, by lowering the band for the Rouble …

Some people think, it is the beginning of a 30 to 50% downmove for the currency …

This again could trigger a selling wave in emerging markets …

Be aware … of the (russian) bear :)

Tags: , ,

Leave a Reply