Russian equity bet turns sour on politics and oil – Times of India
Hindustan Times |
Russian equity bet turns sour on politics and oil
Times of India … * Fund managers were consensus overweight for Russia in January. * They hoped for recovery, sanctions repeal, higher oil price. * Stocks disappointed as Putin-Trump “bromance” cooled. * Oil prices weakness, rouble strength present more headwinds. US senate passes bill to block Trump on Russia sanctions, Putin says unjustified What Congress is doing to stop Russian hackers next time Trump faces Russia dilemma as Senate overwhelmingly passes new sanctions |