Russian Stocks Are Crashing

Down over 5%, Russia's RTS Index has plunged to its weakest level since Dec 2014 and the peak of its existential crisis mid-Ukraine/currency-crisis/oil-collapse. This is Russia's biggest one-day drop since April 2015. The Ruble continues to tumble (despite CNH strength) as oil pushes to new cycle lows...

Russian stocks are tumbling...

 

And The Ruble is heading back towards record lows against the USD...

 

Ruble's record intraday low of 79.1688 is just 2 handles away.