Russia

BMI View: A structural change in the demographic profile of both the Western world and emerging markets is underway. The dangers of 'demographic time-bombs' of rapid population decline... 2007-05-25

With sovereign credit spreads so tight, relative value is one of the key ways to find value in the current mainstream EM environment. One that we have been looking at for a couple... 2007-05-25

The rouble has been consolidating around RUB26.00/US$ in recent days. We think that the unit can hit RUB25.00/US$ at some point this year. As the unit continues to appreciate we expect... 2007-04-12

In our last quarterly sovereign risk appraisal in December, we titled the report 'As Good As It Gets?' and we feel that the events of Q107 have borne out this view. Our view throughout... 2007-03-16

Perhaps the biggest mover in the ongoing global markets sell-off has been the VIX volatility index, which moved from 12% to 19% on Tuesday. As we highlighted in our recent special... 2007-02-28

When most investors are appraising the prospects of an investment, profit warnings, high volatility, negative sentiment and analyst neglect are not on their list of criteria. However,... 2007-02-23

The rush to place shares abroad continues in Russia, with billion dollar deals expected from steel giant MMK and power company WGC-1 among others. The reasons for the rapid foreign... 2007-02-07

BMI View: We remain bullish on the Russian rouble, and retain our view that it is heading towards RUB25.00/US$, with the risks weighted to the upside. The speed of rouble appreciation... 2007-01-10

Outside of the 'strategic' oil and gas sector, there continues to be a lot of good news in Russia. We have in recent days written on the possibility of a diversification of part of... 2006-12-21

As anticipated, 2006 was a bumper year for equity issuance by Russian firms, and 2007 is expected to be even bigger, with Moscow-based investment house Renaissance Capital predicting... 2006-12-19