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Anna Andrianova: Sberbank shares jumped 6% yesterday to 83 rubles and are only giving back a bit of that advance this morning in Moscow as traders try to get ahead of what are expected to be blow-out earnings on Wednesday. Read more…
Tim Seymour: Since climbing off their post-recession low on Tuesday, stocks in the emerging world are coming back strong. The question is whether this is an organic rally or an artificial effect of central bank action. Read more…
Tim Seymour: Turkey, Brazil, Russia: after months of protesting that their money bought too much, country after country is now moving aggressively into the foreign exchange markets to support their currencies. Read more…
Tim Seymour: Between oil prices and political uncertainty, foreign capital is pouring out of the Russian currency and, by extension, ruble-denominated assets. Read more…
Effective at the opening of business on Monday, September 12, 2011, the NYSE Arca will begin trading the CurrencyShares Russian Ruble Trust under the new ticker (NYSE:FXRU). There will be no change in issue name or CUSIP. The CurrencyShares Russian Ruble Trust (the “Trust”) is a grantor trust that was formed on August 7, 2008. The Shares began trading on NYSE Arca under the ticker symbol (NYSE:XRU) on November 13, Read more…
Kevin Kerr: The new economic reality is making it clear that the U.S. dollar is no longer the world’s absolute reserve currency. And at the same time the euro is coming apart at the seams! Read more…
Tim Seymour: The retreat in the oil market has pushed the ruble and other commodity-linked currencies off their perches. But take a long-term view before you call the Russian currency weak. Read more…
Tim Seymour: Although the headlines about a credit “revival” in Russia (NYSE:RSX) are misleading, aluminum giant Rusal’s efforts to borrow $4 billion point to shifting forex sentiment. Read more…
While countries like Brazil have failed to rein in their currencies and are now being forced to both raise interest rates and suffer inflation, China and to some extent Russia are taking the opposite Read more…
With Brent back in the $115 to $120 a barrel range — and expected to stay above $100 for the foreseeable future — there are obvious winners here in the currency markets. Read more…
Even at the worst of the softness around Christmas, the Russian market retained its technical poise and now seems to be racing ahead after the new year break. Read more…
The Russian currency is surging as oil prices recover and traders lock in the likelihood of higher interest rates ahead. There are ways to play this story. Read more…
In trading on Monday, the CurrencyShares Russian Ruble Trust (NYSE:XRU) is outperforming other ETFs, up about 3.3% on the day. Also up on the day are the 
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