While the rest of Europe dozes, Russian politics always seems to come to life in August. The classic example is the attempted coup and citizens’ revolt that brought an end to Communism in August 1991.
For better or worse, the economy of Russia is tied to its huge reserves of natural resources. But Russia also has some important technology stocks. Here are four you need to know.
The Russian market’s inchoate yet potentially revolutionary political opposition served notice it is not going away, with another massive demonstration in Moscow on June 12.
Risk-on returned to Asian equities, commodities and the forex market on G8 talks wanting to keep the euro zone together. Markets are reacting to the G8 statement over the weekend by leaders “maintaining a firm commitment to implement fiscal consolidation” for Europe.
The week ahead presents surprisingly little in terms of economic data, in both developed and emerging markets. Investors are hoping that this may bring a relief rally to equities given the precipitous drop in values since the May 6th elections in France and Greece.