... negative, but with less intensity by half. The volatility of this category remains high—changes in exchange rates or interest rates can noticeably affect Gazprom's financial results under RAS regardless of operating profit. For investors from the CIS, it is crucial to understand that such exchange rate and one-off items are largely paper-based: they reflect current revaluation and accounting rules rather than the movement of real money. Nevertheless, they impact reported net loss or profit and ...

... week. Investors will be flooded with data: GDP figures on both sides of the Atlantic will reveal the actual growth rate of the economies, while the Fed's decision in the evening will shape short-term sentiment. If the Fed rate remains unchanged, focus will ... ... August 1, 2025 combines a whirlwind of macroeconomic releases with the peak of the corporate earnings season. Investors from the CIS and around the world will seek answers to key questions: will the Fed maintain its rate and a restrained rhetoric (crucial ...

... 2025, investors are anticipating a busy day featuring fresh financial results from several major companies as well as key macroeconomic data. Below is a brief overview of the day's pivotal events and corporate reports, tailored for investors from the CIS countries. Macroeconomic Events of the Day (MSK): 11:00 AM – Inflation expectations in the Eurozone (a critical indicator for ECB policy); 3:30 PM – U.S. trade balance (impact on the dollar exchange rate and trade sentiment); 4:00 PM – S&P/Case-Shiller ...

... back. Nevertheless, coal remains a significant part of the energy balance in Poland, the Czech Republic, Greece, and some other economies. Coal prices in the global market have shown moderate stability in recent months. Futures for energy coal (API2) are ... ..., which reached record levels in July. Domestic gasoline demand in Russia is currently high, and traditional export markets (CIS countries, Asia) will temporarily not receive Russian gasoline, except for shipments under previously concluded intergovernmental ...

... telecommunications operator creates innovative solutions, strengthens its position in the IT services market, and expands opportunities for users. Where does MTS invest? MTS (Mobile TeleSystems) is a leading telecommunications operator in Russia and the CIS, providing a wide range of services: mobile and fixed-line communications, digital services, financial products and entertainment content. The company is actively developing 5G infrastructure, IT services and an ecosystem of digital products. Sector: ...