Market Buzz: Russian equities await Central Bank decision — RT Business

Market Buzz: Russian equities await Central Bank decision — RT Business:

"Equities Friday will be focused on the Central Bank of Russia’s decision on the refinancing rate, which will stay put at 8.25 percent according to most analysts, as officials wait for inflation to drop below 6 percent before decreasing the benchmark.

If left unchanged, stocks will likely continue their five-day losing streak.

“Bank shares are sensitive to the stimulus speculation; the market would receive a boost if the central bank cut its main rates,” Stanislav Kopylov, an asset manager at told Bloomberg. "

'via Blog this'