crisis say it's the massive debt write down for greece that could put yourself back on its feet peter weston from out on believe that the markets have already priced in the jitters and are likely to. well everybody's going to await a sort of decision or some some kind of agreement between greece and its creditors that's going to be the key event as to some extent it was last week. again what we saw last week was that any delay of news didn't really impact the markets i think we are in a very positive backdrop for russia in general we do have low valuation we do have the under-performance of russia if people are adding to risk the emerging market should do well and in that context russia should be having possibly more support in other markets. and finally we're looking at gold the precious metal is trading at one thousand six hundred and seventy dollars per ounce up point twenty four percent on monday it has already gained more than six percent since the beginning of the year and our business allies which made me think a looks at the prospects for the precious metal. is gold on track to becom

say it's the massive debts write down for greece that could put the eurozone back on its feet peter weston from out on believes that the markets have already priced in the jitters likely to higher. well everybody's going to await a sort of decision or some some kind of agreement between greece and its creditors that's going to be the key event as to some extent it was last week. again but with the last week was that any delay negative news didn't really impact the markets i think we are in a very positive backdrop for russia in general we do have low valuation we do have the under-performance of russia if people are adding to risk the emerging market should do well and in that context russia should be having possibly more support in other markets russia central bank injected around six hundred million dollars in early january into the market to support the ruble the heads of the other bank alexiou kind of says that it keeps the ruble within a floating band and intervenes only to cut volatility you look at one of the european department of i.m.f. believes that russia has achieved a fully fl

company says it plans to cut production to adapt to a slowing global to about equity strategist peter weston from capital wraps up today's trade. so we seem to be in a mode now with negative news doesn't really matter and people cling on to the post . russia has been quite positive. on the week we've seen good movements and good interesting gazprom to do with a story which might not get as much attention as it probably should have been come back from the. in this world it's increasing interest in gas from i would say for the first time in about a year's time and the other thing as you know we feel now is that the conviction now from the bull and the bear camp the not that convinced anymore it all of course hinges on what's happened globally but i think russia is actually in a sweet spot for the first time in a long time and i think that could pose potentially continuous long as we don't see any major major negative news item. that's all the business news but don't forget you can always find wall stories on our website r.t. dot com slash tests. when can uncomfortable question leads to a grave