Russia: Macro policy & Financial

* Russia: Fiscal rule to boost asset prices in 2018, Christopher Granville, Madina Khrustaleva, 14 Dec 2017
Policy-based reinforcement of our positive view on Russian equities
* Russia: Domestic funds flow into capital markets, Christopher Granville, Madina Khrustaleva, 30 Nov 2017
How the CBR is enhancing risk adjusted returns, with MOEX as both handmaiden and beneficiary
* Russia: Nabiullina takes the controls, 11 Oct 2017
Pace of monetary easing proxies the overall Russia investment case
* Russia: Rates outlook – the key revealed, Christopher Granville, Madina Khrustaleva, 20 Jul 2017
Time the market right by tracking CBR core inflation
* Russia: Jumbo tax reform, Christopher Granville, Madina Khrustaleva, 3 Mar 2017
Relative winners and losers among sectors less important for now than the positive overall impact
* Russia: More good news on the macro-policy front, Christopher Granville, Madina Khrustaleva, 8 Feb 2017
Rate cut outlook: slower pace offset by an ever firmer foundation; clear equity winners also emerge from enhanced policy
* Russia’s fine fiscal line, Christopher Granville, Madina Khrustaleva, 10 Oct 2016
Imminent decisions on next year’s budget look more favourable for equities than local rates at present valuations
* Russia macro and markets: Nabiullina – a Russian Volcker, Christopher Granville, Madina Khrustaleva, 26 Apr 2016
Imminent 50bps rate cut belies sustained monetary discipline in a surprisingly supportive political environment
* Russian privatization: Fiscal fear is a powerful motivator, Christopher Granville, Madina Khrustaleva, 31 Mar 2016
Best prospects for state share sales in 2016 are Bashneft, Sovkomflot, Alrosa and Aeroflot
* Russia’s fiscal test: Borderline pass, Christopher Granville, Madina Khrustaleva, 13 Nov 2015
The draft 2016 budget clears the way for 300bps of rate cuts by mid-2016