FX, bonds and rates weekly

* The ruble continued to strengthen last week, gaining 2.5% against the dollar and 1.1% versus the yuan. This may have been due to ongoing contraction of imports and rising FX sales by exporters. The ruble may continue to strengthen this week due to the start of preparations for monthly tax payments. * Positivity prevailed on global markets. Yields on USTs, German Bunds and UK Gilts decreased. * The OFZ market corrected slightly lower following the previous week\'s rally, with yields climbing by 10-15 bps along the curve. * Inflation in Russia decelerated to 0.27% WoW over the November 8-13 period from 0.37% in a 7-day format the week earlier.