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Russian Market Declines on Risk-off Sentiment

Monday, September 10, 2012 12:40
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(Before It's News)

GUEST COMMENTARY — Alexei Medved, World Money Analyst Since my May column, the Russian market got hit badly. The popular US$ denominated RTS index fell 10.2% from 1489 to 1337. The developing financial crisis in Europe pushed investors into the “risk-off” mode, hence all risky assets were sold. This led to strong selling pressure on [...]



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