Russia ETFs’ Fate Lies in Recovering Oil Prices
November 19, 2014 at 09:00 AM EST
Russian stocks and related exchange traded funds could be in for more pain ahead as Moscow warns of an economic recession if crude oil prices slide to $60 per barrel. Russia equity ETFs are already in a bear market. Year-to-date, the Market Vectors Russia ETF (NYSEArca: RSX) declined 28.7%, iShares...