Stock and currency exchange players are holding their breath for the night from 14th to 15th December: that is when the US Federal Reserve will announce its final decision regarding the benchmark interest rate. The rising prices for energy resources and the willingness of the state to facilitate an influx of investments are also playing a significant role in the investors’ decision making process, experts believe.
The purchase of Rosneft shares strengthened the intention of foreign investors to invest in the Russian economy
“The positive macroeconomic outlook, including the rising prices of energy resources, the relative stability of currency exchange rates and the transparency of the major economies, means that foreign investments in BRICS countries are once again looking attractive. Thus, the recent deal involving the purchase of Rosneft shares by foreign investors has strengthened the willingness of foreign investors in general to invest in the Russian economy,” the head of the Department for International Cooperation of the Analytical Center Denis Ershov told RT. The expert believes investors may also be interested in South East Asian countries such as: Vietnam, Indonesia, Myanmar, and the Philippines.
Influential economists have already drafted their forecasts that speculate about the intention of the US monetary authorities to slash the returns on US T-bills to a two-year minimum, which will bring about capital flight out of the country, RT journalists note.