The ruble is trying to play losses against the background of increased demand for risky assets

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The ruble is trying to play losses against the background of increased demand for risky assets 9308_1

On Friday, January 29, the ruble closed towards foreign currency. A pair of dollar / ruble decreased by 0.27%, to 75.75 rubles, Euro / ruble - by 0.24%, to 91.92 rubles, pound / ruble - by 1.03%, to 103.27 rubles . The growth of quotations contributed to the cost-consuming oil, as well as increased demand for risky assets caused by the rally on the crypton and the market of precious metals.

Brent's oil raised in price by 2%, to $ 55.80 against the background of the overall weakening of the American currency, as well as on the expectations of additional reduction in production of Saudi Arabia in February-March per 1 million barrels per day.

Tesla Chapter (NASDAQ: TSLA) and Spacex Ilon Mask mentioned Bitcoin on Twitter. He posted a post with the heshteg of the first cryptocurrency. After tweet, the Bitcoin mask went up to the US dollar by 14%, to $ 36,600. The growth continued for six hours and amounted to 20.39%, to $ 38531. Risk assets not only began to grow because of the Bitcoin rally, but also a silver rally, which on Friday rose by 6%, to $ 27.65 per troy ounce.

Participants in the WallStreetBets group at the Reddit Forum, which have relevant the cost of shares of the American Gamestop company, switched to other assets. In the field of their view, silver fell. Today, from the opening of trading, the price of silver jumped by 7.64%, to $ 29.03 for the Troyan ounce, from January 28, the precious metallol rose by 16.77%.

Oil

On Monday, February 1, the dollar index opened with growth due to weak Chinese statistics, which came out on Sunday. The activity index in the non-production sphere in January amounted to 52.4 points (the previous value of 55.1). PMI production activity index for January was 51.3 (31.6 forecast, the previous value of 51.9). Australian and New Zealand dollars played all losses and closed the morning gaps. This helped the Silver Walls from WallStreetBets. The Bitcoin rate from the opening decreased by 2.4% and also recovered by 4.74%. Oil has risen in price by 0.55%, to $ 55.32 per barrel.

External background for the ruble is not bad. In the foreign exchange market, the dollar / ruble pair is trading at 75.70 rubles. per dollar. The ruble is of serious pressure from sanction risks and reduce the index of state bonds of Russia (RGBI). If the price remains below 76.50 to the medium, then a high probability of strengthening the ruble to 74 rubles is high. per dollar.

Stock market

The Russian stock market closed with a decline. According to the results of the auction, the Mosbierzhi index fell by 1.94%, to 3277.08 points, and the RTS dollar index - by 1.23%, to 1367.64 points. The market pressure has turbulence caused by high volatility on the US Exchange Shares of Video Games and Gamestop Consoles and AMC Entertainment Cinema Consoles.

January very badly closed for buyers. Risks to reducing by another 2.5-3% have increased. By February 11, up to 3193 points, the RTS index - up to 1325 points is expected to decline in the Mosbier index. After several days of falling for today, the indexes can be considered ascending correction to 3319 (Mosbirja) and 1385 (RTS) of items.

Vladislav Antonov, Alpari analyst

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