Refine by sector
Latest articles in Europe/CIS
Strategy Note / Russia

Alfa Strategy: Weekly Radar – Markets on hold as summer holidays arrive

The ruble remained under some pressure, closing the week 0.6% weaker at 73.73. Russia outperformed the MSCI EM index (+1.1% w/w) and the European markets – EuroStoxx600 (+0.4% w/w). Congress fails to agree on a support package, removing a key catalys...
Alfa John Walsh
John Walsh @ Alfa 10 August 2020
Macro Analysis / Bulgaria

Bulgaria: as good as an ‘L’ shaped

CENTRAL AND EASTERN EUROPE: Bulgarian economic activity remains subdued, with the recovery still not clearly in sight. On the other hand, the depth of the fall has also been slightly less dramatic, particularly in industry. That said, unless the gove...
ING Think
ING Think 10 August 2020
Morning Note / Russia

Alfa Morning Bulletin: 10 August 2020

An escalation of the US-China tensions subdued the mood among investors on Friday. Pretty much red across the board on Friday in the Russian equity universe, with 6 stocks down for each one advancing. We expect the Russian market to open sideways tod...
Alfa Alfa Equity Team
Alfa Equity Team @ Alfa 10 August 2020
Morning Note / Russia

Alfa Morning Bulletin: 7 August 2020

Markets retreat on negative backdrop. Growing US-China tensions to weigh down on Russian market. Inflation is reported 0.4% MTD in July – mixed.
Alfa Alfa Equity Team
Alfa Equity Team @ Alfa 7 August 2020
Macro Analysis / Europe

French industrial production is catching up

French industrial production contracted by 17.1% in 2Q20 and by 19% in manufacturing. This better fate is due to the fact that the rebound was steep after production reached a low point in April, 34% below its February level. The details show a recov...
ING Think
ING Think 7 August 2020
Macro Analysis / Europe

Germany: More ‘V’ as exports and industrial production surge

Yesterday’s surge in industrial new orders could be considered a downpayment on future industrial activity. The just-released data on June industrial production and trade, however, shows that this future has already started. Including energy and cons...
ING Think
ING Think 7 August 2020