The rollover of OPEC’s oil production quotas – announced this week – will be an unhelpful headwind for Russia’s economy, but it is unlikely to prevent growth from picking up in the second half of 2019. Meanwhile, this week’s rally in the Turkish lira could quickly go into reverse if US President Trump’s conciliatory comments regarding Turkey’s purchase of Russian defence equipment prove to be a false dawn.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.