Russian influence on Western markets

The Russian stock market remains cheap by Western standards, with people applying a Russian discount for the political risks. The market is dominated by the large oil and gas enterprises including Rosneft, Lukoil, Gazprom and Surgutneftegas, and has done well since 2014. Much of the gain has come from the rise in energy prices increasing … Continue reading “Russian influence on Western markets”

What does Brexit mean for trade?

The fallout from the United Kingdom’s vote on European Union membership, in which the ‘Leave’ campaign won a narrow victory, will have a wide range of repercussions that are difficult to assess in terms of scope, duration and size. The initial impact of this result has been global, and uncertainty remains a part of the … Continue reading “What does Brexit mean for trade?”