Russia Macro Monthly October 2018
Summary:
Waiting for sanctions updates. There is a sense of being in the eye of
the storm with regard to sanctions. After the frenzy in August and
early September, the situation is now calm. But activity will pick up in
November, in the aftermath of the mid-term elections and ahead of
the Phase II CBW sanctions decision. We update the current position
and highlight some conflicting indicators in this report.
