"The MOEX Russia Index was at 2,920 in January, hovering relatively close to the highest since July of last year, holding the rally triggered by the Bank of Russia’s latest decision as expectations of contained interest rates and so…
"The MOEX Russia Index was at 2,920 in January, hovering relatively close to the highest since July of last year, holding the rally triggered by the Bank of Russia’s latest decision as expectations of contained interest rates and soaring inflation drove investors to pile on equity markets to shield themselves from elevated price growth. The CBR held its key rate at 21% in December despite expectations of hikes ranging from 22% to 25%, preceding reports that CBR Governor Nabiullina met with politicians and business leaders that warned against a hike. The dovish move coincided with warnings of higher inflation, with recent gauges pointing to double-digit growth. Rosneft, Lukoil, and recently-sanctioned Surgut rebounded from their low peaks on late December despite the poor outlook for exports following low refining rates by China and idle tankers in the Pacific ocean due to US penalties. Also, Gazprom rebounded despite the halt of gas flows to Europe through Ukraine."
Is this related (because the Ben Gurion canal will shatter the dream of the INSTC)?
https://tradingeconomics.com/russia/stock-market
"The MOEX Russia Index was at 2,920 in January, hovering relatively close to the highest since July of last year, holding the rally triggered by the Bank of Russia’s latest decision as expectations of contained interest rates and soaring inflation drove investors to pile on equity markets to shield themselves from elevated price growth. The CBR held its key rate at 21% in December despite expectations of hikes ranging from 22% to 25%, preceding reports that CBR Governor Nabiullina met with politicians and business leaders that warned against a hike. The dovish move coincided with warnings of higher inflation, with recent gauges pointing to double-digit growth. Rosneft, Lukoil, and recently-sanctioned Surgut rebounded from their low peaks on late December despite the poor outlook for exports following low refining rates by China and idle tankers in the Pacific ocean due to US penalties. Also, Gazprom rebounded despite the halt of gas flows to Europe through Ukraine."
Why the Fall of Syria Checkmates Russia & Iran
https://www.youtube.com/watch?v=oytfhLUy0Fg
Russia, Iran and India Want to Bypass the Suez Canal Via the Persian Corridor 2.0
https://www.youtube.com/watch?v=DOcD1N7LynI
"How might the reactivation of a trade route linking Russia, Iran and joining India affect the world economy?"