POPA ReconAfter one of the largest declines, the Russian market is experiencing its strongest rally since the start of the war.
After one of the largest declines, the Russian market is experiencing its strongest rally since the start of the war. The index is up 12%+ since the beginning of the week. Some stocks are rising 50–100%. —— At the same time: • Russia is using a record number of ballistic missiles in its shelling of Ukraine. • Ukraine has started bombing the largest warehouses of Russia’s biggest marketplace Wildberries (the Russian Amazon). • Russia no longer intends to withdraw from Sumy and Kharkiv regions — Bloomberg. • Jul. 21-23. Rubio will meet with Lavrov on the ASEAN summit in Manila. —— RU | Bi…
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