25 Sep 2019 13:44

VIEWPOINT: Russian currency, stock markets likely to trend down - Veles Capital

MOSCOW. Sept 25 (Interfax) - The Russian currency and equity markets are likely to start trending down on Wednesday amid unfavorable external factors and in the absence of growth drivers, Veles Capital analyst Elena Kozhukhova said in a comment.

"The bulls, for all their efforts, have been unable to sustain the short-term upward trend. We should not expect heavy drops, but the predominant trend is likely to shift downwards," the analyst said.

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