Yesterday was a real Black Monday for the Russian market. The capitalization of the Russian stock market lost yesterday about 70 billion dollars. At the moment the Russian ruble came close to the levels of 2016 and continues to get cheaper. High oil prices currently support the national currency.
Furthermore, at the center of investors' attention are the negotiations between China and the United States. Some investors predict that the Chinese authorities will lower the yuan, to use it in the negotiation of fees.
The ongoing investigation of the interference of Russia in the presidential elections in the United States is also having an impact on the markets. This directly affects the current president Donald Trump and has a negative impact on the reserve currency. Thus, the dollar index dropped to the mark of 89.30.
