Russian rouble slips as U.S. data boosts appetite for dollar assets
MOSCOW, Oct 17 (Reuters) - The Russian rouble eased onWednesday as strong U.S. industrial production data boosted theU.S. dollar and investors' confidence in dollar assets.
At 0743 GMT, the rouble was 0.2 percent weaker against thedollar at 65.45 and had lost 0.06 percent totrade at 75.66 versus the euro.
As data showed that U.S. industrial production increased fora fourth straight month in September, the three main Wall Streetindexes each rose by more than 2 percent. "The main driver behind the short-term rouble movements isstill investors' attitude towards emerging markets," saidMikhail Poddubsky, an analyst at Promsvyazbank.
The rouble is still underpinned by higher oil prices. Brentcrude oil , a global benchmark for Russia's main export,was up 0.28 percent at $81.64 a barrel.
Traders will be watching an auction later on Wednesday of 10billion roubles ($153 million) worth of government bonds, knownas OFZ's. Russian stock indexes were up.
The dollar-denominated RTS index was up 0.38 percentto 1,170.20 points. The rouble-based MOEX Russian index was 0.59 percent higher at 2,431.12 points.
For Russian equities guide see For Russian treasury bonds see ($1 = 65.4500 roubles)
(Reporting by Polina NikolskayaEditing by Andrew Heavens)
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