MOSCOW, Nov 13 (Reuters) - The Russian rouble

strengthened against the U.S. dollar and the euro on Wednesday,

with analysts saying the volatile and opaque trade in the

currency was cautiously reacting to hopes of an easing of

tensions with the West after the election of Donald Trump.

By 0800 GMT, the rouble was 0.3% stronger against the dollar

at 98.10 and 0.3% stronger against the euro at

104.17, according to LSEG data.

Globally, the U.S. dollar held just below a 6-1/2-month peak

against major peers, following Trump's victory in the U.S.

presidential election. Trump said during campaigning that he

could bring peace in Ukraine within 24 hours if elected.

Against China's yuan the rouble weakened by 0.6% to 13.57 in

trade on the Moscow stock exchange after strengthening in three

consecutive sessions.

"Fundamentally, the rouble is influenced by cautious

expectations of geopolitical easing and stabilisation in the

money market as yuan liquidity rates are normal," BCS brokerage

analysts said.

The rouble has lost about 13% against the dollar since early

September and briefly hit the 100 mark last week. BCS analysts

said that they see at least a 2% potential for further

strengthening of the rouble in the coming days.

Western sanctions imposed on the Moscow Exchange (MOEX) and

its clearing agent, the National Clearing Centre, on June 12

stopped all trade in dollars and euros at MOEX, making the yuan

the most-traded foreign currency in Russia.

Trade in dollars and euros has shifted to the

over-the-counter (OTC) market, obscuring price data and making

the rouble's exchange rate more volatile.

One-day rouble-dollar futures, which trade on the Moscow

exchange and are a guide for OTC market rates, were up 0.3% at

98.47. The central bank's official exchange rate, which it

calculates using OTC data, was last set at 97.86 to the dollar.

Brent crude oil, a global benchmark for Russia's

main export, was up 0.4% at $72.14 a barrel on signs of

near-term supply tightness.