RUSSIA: Putin and Modi to Meet to Deepen Economic Ties
Dec-05 08:35
- Indian Prime Minister Narendra Modi and Russian President Vladimir Putin held a bilateral meeting in New Delhi as part of the latter’s two-day trip to India. Previous talks have centered on defense, but Modi and Putin want to broaden cooperation to include deeper trade, migration and economic links. India and Russia are expected to finalise a mobility agreement that would allow Indian professionals to relocate to Russia, and are also expected to reach an agreement on the shipment to Russia of Indian marine products and agricultural goods.
- Kremlin aide Yuri Ushakov said, according to Interfax, that while Europeans are constantly making demands that are unacceptable to Moscow and are not contributing to achieving peace in Ukraine, Russia is still encouraged with the progress in talks with US.
- Kommersant report that the OTC USD/RUB exchange rate approached 76.00 on Thursday, falling back to its lowest level since early July. The newspaper note that the strength of the ruble is being driven by ongoing dialogue between Russia and the US, as well as increased supply of foreign currency from exporters.
- Russian LNG exports to EU countries jumped 22% month-on-month to 1.7bcm in November, the highest figure since June, Vedomosti report citing data from Bruegel. However, the figure was down 6% year-on-year and exports to the EU in the first 11 months of 2025 overall fell 7% to 18bcm. “Analysts” cited by the newspaper expect the figure for the year to drop 7.5-11% from a record 21.3bcm in 2024.
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RIKSBANK: Holds Policy Rate With Unchanged Guidance
Nov-05 08:33
The Riksbank holds the policy rate at 1.75% as unanimously expected. Guidance language was unchanged relative to September (as we had expected):
"The elevated inflation has begun to fall back, at the same time as economic activity is on its way to recovery. The outlook for inflation and economic activity thus remains largely unchanged and the Executive Board has decided to leave the policy rate unchanged at 1.75 per cent. The policy rate is expected to remain at this level for some time to come."
MNI: RIKSBANK LEAVES KEY POLICY RATE UNCHANGED AT 1.75%
Nov-05 08:33
- MNI: RIKSBANK LEAVES KEY POLICY RATE UNCHANGED AT 1.75%
SONIA OPTIONS: Call Condor vs Put
Nov-05 08:27
SFIH6 96.45/96.55/96.65/96.75c condor vs 96.25p, bought the condor for 0.25 in 2k.
