... restrictive level until there is clearer evidence that inflation is on a sustained downward path. It is widely expected that the Fed will hold its benchmark rate steady at upcoming meetings, emphasising a data-dependent approach. Market expectations for rate cuts later in the year have been dialled back slightly, as officials have signalled that taming inflation is still the priority. Other major central banks are in a similar position. The Bank of England, for instance, faces Britain’s own mix of moderate growth and persistent inflation, and is likely to interpret robust US data as affirmation that global demand remains intact – a positive factor ...

... key sectors and restricted access to international financial markets. Decline in Export Revenues Falling global prices for oil and gas, along with a reduction in their export, diminished the inflow of foreign currency into Russia. Monetary Policy The Central Bank maintains the key interest rate at 21%, which curtails economic activity but does not stop capital outflows. Increase in Imports The gradual recovery of demand for imported goods increased the need for foreign currency, putting additional pressure on the ruble. Forecasts for 2025 ...

... of inflation in the U.S., will influence expectations for Federal Reserve policy. High values could increase the likelihood of further interest rate hikes, strengthening the U.S. dollar and impacting global financial markets. 17:45 (MSK): Canada – Central Bank Interest Rate Decision The Bank of Canada’s decision on the key interest rate will shed light on the country’s economic outlook and inflation. Changes in the rate or dovish commentary could impact the Canadian dollar and North American markets. 18:30 (MSK): ...

... This Thursday, markets will be influenced by both macroeconomic and corporate factors simultaneously. In the morning, investors will assess data from China: any signs of slowing exports will heighten fears about global growth. In the afternoon, the central event will be the Bank of England's decision — an unexpected scale of rate increase or the tone of Andrew Bailey's remarks could significantly shift the pound's trajectory and European stocks. Concurrently, the implementation of American tariffs increases market nervousness: participants will be weighing how new tariffs ...

... gains after a moderate uptick the day before. Futures for U.S. indexes indicate a restrained start to trading ahead of the release of key statistics. Fed and Central Bank Policies: Market Expectations The focus remains on the monetary policy of leading central banks. Weak U.S. labor market data for July has heightened expectations for an easing of monetary policy: investors are now pricing in a high probability of a rate cut from the Federal Reserve at the September meeting. At the last meeting, the Federal Reserve maintained its rate, so any new comments from Fed officials could adjust market expectations. Early Tuesday, the minutes from the latest Bank of Japan ...