| Issue |
SHS Web Conf.
Volume 106, 2021
III International Scientific and Practical Conference “Modern Management Trends and the Digital Economy: from Regional Development to Global Economic Growth” (MTDE 2021)
|
|
|---|---|---|
| Article Number | 01014 | |
| Number of page(s) | 8 | |
| Section | Digital Technologies in Socio-Economic Systems Management | |
| DOI | https://doi.org/10.1051/shsconf/202110601014 | |
| Published online | 18 May 2021 | |
Analysis of the Russian finance connectivity
Chuvash State University, Cheboksary, Russia
* Corresponding author: walera712006@mail.ru
As a result of evaluation of growth rates of major commodity prices and Russian share quotes there is discovered dominating dynamics of shares of Rosneft and Urals oil futures. Assessment of dynamics of RTSI, IMOEX, S&P500, WTI futures, USD/RUB showed IMOEX breakdown from RTSI. RTSI remained with the WTI futures, while IMOEX joined S&P500 trend. As a result of neural network analysis of importance of global indices growth rates there is determined a condition of achievement of their maximum value – minimum growth rate of RTSI and maximum rate of FTSE100 growth. Cluster analysis of the global indices in terms of their growth rates revealed connectivity between RTSI, DJIA and US Dollar Index. Russian economy structure can’t ensure direct connectivity of RTSI and DJIA. RTSI is indirectly connected to DJIA via S&P500. The leading role in this connection belongs to US Dollar Index that largely determines the dynamics of USD/RUB and IMOEX. Cluster analysis in terms of major currencies exchange rates growth defined a USD and CNY currency basket that is acceptable for the Russian economy. Analysis of the Russian finance connectivity has sufficiently identified a basis and conditions of its existence in the context of the strengthening negative factors which bind and overburden the Russian economy with oil dependence.
© The Authors, published by EDP Sciences, 2021
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