Sergey Kamenshikov, Ph.D.
IFC Markets
Summary
Who has expected that by 2014 the population of Russia will withdraw in panic their bank ruble deposits? Is it a psychological return of 2008? In current webinar all fundamental factors, influencing the activity decrease in banking sector of Russia will be considered. We shall analyze the dynamics of basic indicators: monetary policy of Central Bank, lending volumes, consumer deposits, real disposable income, inflation, etc. A connection between geopolitical risks, sanctions and expectations of population will be stated. An investment portfolio of Russian banking stocks and Russian ruble shall be developed on the basis of considered tendencies: Sberbank (SBER), VTB24 (VTBR) and RUR. First two actives are traded at London stock. The weights of stock-exchange portfolio are to be optimized on the basis of CAPM (Capital Asset Pricing) model with account of return/risk relation. An analysis of the portfolio historical prices will be conducted with use of PCI GeWorko technology.Latest Live Videos
Editors’ Picks
Gold extends rally, notches new record-high above $4,700
Gold builds on Monday's impressive gains and trades at a new record-high above $4,700 early Tuesday. Escalating geopolitical tensions and growing fears of deepening trade conflicts, alongside the broad-based selling pressure surrounding the US Dollar, fuels XAU/USD's rally.
GBP/USD stays below 1.3450 after UK jobs data
GBP/USD retreats slightly from session highs but hold comfortably above 1.3400 in the European session on Tuesday. The data from the UK showed that the ILO Unemployment Rate remained unchanged at 5.1% in the three months to November, compared to the market expectation of 5%.
EUR/USD holds above 1.1650 on broad USD weakness
EUR/USD holds its ground and trades marginally higher on the day above 1.1650 after closing in positive territory on Monday. In the absence of high-tier data releases, investors will pay close attention to headlines on escalating EU-US tensions.
Pi Network rebounds slightly but selling pressure persists
Pi Network edges higher by 1% at press time on Tuesday, signaling a minor recovery after recording a fresh record low of $0.1502 on Monday. Mainnet holders have withdrawn over 4 million PI tokens from centralized exchanges supporting Pi Network over the last 24 hours.
When tariffs turn territorial and fast money smell blood in the water
No trader had a US move on Greenland pencilled into their 2026 playbook. This was not a scenario lurking in the footnotes of anyone’s macro outlook. Yet here we are, with tariffs being waved like a naval blockade and diplomacy suddenly trading at a volatility premium.
Here is what you need to know on Tuesday, January 20:
Over the weekend, the United States (US) President Donald Trump announced 10% tariffs on all goods from eight European countries as part of his plan to take over Greenland. As a result, financial markets were dominated by risk aversion. Meanwhile, the US stock and bond markets remained closed on Monday in observance of Martin Luther King Jr. Day.