|Bid||756.30 x 90000|
|Ask||756.80 x 270000|
|Day's Range||750.10 - 760.70|
|52 Week Range||631.70 - 1,051.50|
|PE Ratio (TTM)||1,013.27|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Turkish banks, a Ukrainian sunflower oil firm and crisis-mired countries such as Nigeria and Egypt have all stampeded to raise money on dollar bond markets this year, trying to get ahead of Fed rate increases and strike while the market is hot. A rate increase by the U.S. Federal Reserve is considered a near certainty this week, but borrowers fear the pace of tightening will accelerate. It's both a carrot and stick – the carrot being that the market is so hot right now, the stick being that it might not be so hot once (U.S.) rates rise," said Ranko Milic, head of CEEMEA Debt Capital Markets at UBS in London.
Russia appealed to the World Trade Organisation on Monday to settle a dispute with the European Union over anti-dumping duties imposed on its steelmakers, one of a number of trade disputes between the two. The EU introduced duties in August of between 18.7 and 36.1 percent on Russian cold rolled steel, a product used in the construction and automotive industries, following allegations Russian steelmakers were exporting at unfairly low prices.
Tycoon Gennady Timchenko attends a meeting with Russian President Vladimir Putin at the Kremlin in Moscow on May 25, 2016. Russia’s richest men, some of whom have close ties to President Vladimir Putin, have gained $29 billion since the election of Donald Trump, thanks to the rising value of Russian stocks and currency. Among the biggest beneficiaries: Gennady Timchenko, who was a primary target of 2014 U.S. government sanctions aimed at Putin’s inner circle.