Simon Fentham-Fletcher, CIO of Freedom Asset Management, shares his outlook for oil prices and says Russia will not stick to a production freeze.
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Government advises against participation in Russian bond sale
Says arranging Eurobond sale runs counter to foreign policy
Foreign banks in Russia, where sanctions have crippled deal-making, face a prolonged slump after the latest U.S. warning on sanctions.
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Uncertainty over the path of interest rates in the U.S. is causing investor concerns and market volatility, according to the governor of the country’s central bank.
The Bank of Russia decided to keep rates on hold Friday but Governor Elvira Nabiullina used the opportunity to highlight...