Geopolitics and US elections will determine the mood of the global markets The Moscow stock market index ended October with an increase of 11%, during the week it added 2% and remained above 2500 points. Support is provided by oil above $115 per barrel and hope for negotiations, including rumors of the lifting of sanctions against RDIF. The official dollar rate on Monday is 80.56 rubles, the euro is 89.66, the yuan is 12.09. Archcapital's investment strategist, Sergey Sovrov: "The index will open neutral on Monday. The locomotive is oil stocks; The company's third quarter results may be positive, but geopolitical risks are hurting growth. There are still no high hopes for negotiations between Russia, the US and Ukraine. The results of the congressional elections are important: a Democratic victory could undermine Trump's efforts to normalize relations with Moscow. The ruble will move around 80 to the dollar - oil and the central bank's tough policy support it, but the Ministry of Finance's currency purchases are affected. Oil will exceed $115: after the elections, Trump may increase the escalation in the Middle East." RenCap's investment manager, Ilya Golubov: "Attempts to reach an agreement have already been made and failed. After the congressional elections, in which the Democrats are expected to win, the geopolitical landscape may change. Geopolitics comes into play: the likelihood of renewed attacks on Iran seems almost inevitable, and oil prices are rising. It will support rubles - gas for oil companies and 80, but I will separate 9 for oil and gas companies. The workers enjoy the prices, and Gazprom and Novtech are a story about the arrangement. The economic risk is sales in American technology stocks: if the decline continues, the Russian market will no longer be so cheap compared to its global peers.

Geopolitics and US elections will determine the mood of the global markets The Moscow stock market index ended October with an increase of 11%, during the week it added 2% and remained above 2500 points. Support is provided by oil above $115 per barrel and hope for negotiations, including rumors of the lifting of sanctions against RDIF. The official dollar rate on Monday is 80.56 rubles, the euro is 89.66, the yuan is 12.09. Archcapital's investment strategist, Sergey Sovrov: "The index will open neutral on Monday. The locomotive is oil stocks; The company's third quarter results may be positive, but geopolitical risks are hurting growth. There are still no high hopes for negotiations between Russia, the US and Ukraine. The results of the congressional elections are important: a Democratic victory could undermine Trump's efforts to normalize relations with Moscow. The ruble will move around 80 to the dollar - oil and the central bank's tough policy support it, but the Ministry of Finance's currency purchases are affected. Oil will exceed $115: after the elections, Trump may increase the escalation in the Middle East." RenCap's investment manager, Ilya Golubov: "Attempts to reach an agreement have already been made and failed. After the congressional elections, in which the Democrats are expected to win, the geopolitical landscape may change. Geopolitics comes into play: the likelihood of renewed attacks on Iran seems almost inevitable, and oil prices are rising. It will support rubles - gas for oil companies and 80, but I will separate 9 for oil and gas companies. The workers enjoy the prices, and Gazprom and Novtech are a story about the arrangement. The economic risk is sales in American technology stocks: if the decline continues, the Russian market will no longer be so cheap compared to its global peers.