FLRU News and Press, Franklin FTSE Russia From 06/22/20

By Erik Norland At a Glance Low inflation and a stable currency may allow for further rate cuts in Russia. Russia's yield curve might offer clues to the country's recovery. The global economy has been hard hit by coronavirus lockdowns, and Russia is no exception. The Internationa...

Crisis resolution approaches: global vs Russian way Globally we see that a big portion of countries including the U.S. followed a simple corona-resolution strategy, which assumes taking more negative effect from national lockdowns on the economy immediately in Q2 2020. In Russia the situatio...

In the past, I compared Brazilian, Russian, and Chinese economic fundamentals and stock market valuations. My conclusion was that Russian stocks were much cheaper than Brazilian stocks, and at the same time, Brazil had incredibly worse economic fundamentals, when compared to Russia. Follow...

By Justin Leverenz , CFA, Team Leader and Senior Portfolio Manager In a previous blog, " The coronavirus is proving to be a black swan event - unpredictable and with massive consequences ," we noted that black swan events create consequences, but opportunities for investors can arise ...

The Bank of Russia keeps its key rate at 6.0% per year in February through March, in contrast to most central banks which are easing policy in an effort to mitigate the economic damage of the coronavirus pandemic. More news on: VanEck Vectors Russia ETF, Direxion Daily Russia Bull 3x Sha...

Russia's Constitutional Court rules that President Vladimir Putin's move to change the country's constitution so that he could stay in power until 2036 is legal . More news on: VanEck Vectors Russia ETF, Direxion Daily Russia Bull 3x Shares ETF, iShares MSCI Russia Capped ETF, Global news...

OPEC+ The driving force behind the initial drop in oil prices was the spread of Covid-19 in China and, eventually, into other parts of the world. Lower energy demand cut the price of oil, placing the petro-economies of OPEC+ on high alert. Supply reductions were expected. This would suppor...

The European Central Bank did not reduce its policy rate of interest, something that many investors and analysts expected them to do. The expected reduction was not great, only 10 basis points, but a reduction was expected, nonetheless. Jack Ewing writes in the New York Times, “T...

The price of nickel rose to highs in 2019 as the world's leading producing nation, Indonesia, moved forward its mineral export ban of the metal to January 1, 2020. Source: Nickel production top countries 2019 - Statista While Indonesian output leads the world, the Philippines is the ...

In the first Russian response to the oil price war launched by Saudi Arabia, Rosneft ( OTCPK:RNFTF ) reportedly plans to lift oil production as soon as the current OPEC+ deal ends, which would suggest the state-run firm would start boosting output as soon as April 1. More news on: Public...