... indicators in Europe and the USA. A series of important macroeconomic data will be released throughout the day – ranging from consumer sentiment in the UK to business climate in Germany to durable goods orders in the US. The central event for the Russian market will be the decision of the Central Bank of Russia regarding the key rate, with market participants expecting further easing of policy in the context of declining inflation. Additionally, a number of notable corporate reports will be published in the USA, Europe, Asia, and Russia, providing ...

... and market participants are pricing in the possibility of further depreciation. Emerging market currencies had a less fortunate week. Amid dollar strengthening and declining interest rates within certain countries, some EM currencies depreciated. The Russian ruble faced moderate pressure following the Central Bank of Russia's decision to cut rates. The official dollar exchange rate set by the Bank of Russia for the weekend rose to approximately 79.5 ₽ (up from ~78.9 ₽ the previous week). The decline in yields on ruble-denominated assets made them less ...

... closely monitor these events as they may significantly influence financial markets and trading decisions in both global and Russian contexts. Calendar of Economic Events for Investors and Traders in Russia (December 2 - December 6, 2024) Monday, December ... ... Canada - Manufacturing PMI (Nov) 17:45 MSK: USA - S&P Manufacturing PMI (Nov) 18:00 MSK: USA - ISM Manufacturing PMI (Nov)Central Bank speakers: ECB President Lagarde, Waller (Fed) Key reports on Monday (USA and Russia): RusAgro ($AGRO): Last day of trading ...

... are approximately 1,000,000 active trademarks in the country. The government aims to continue supporting the emergence of new Russian brands, enhancing market competition and diversity. A particular emphasis was placed on digital solutions in finance and ... ... Putin stated the necessity of rapidly making the digital ruble widely used—both among citizens and in the business sector and banks. The development of the digital form of the national currency should simplify payments and reduce transaction costs in the ...

... significantly impact tax revenues for Russia. If we take these claims at face value, the picture appears grim. However, it is essential to approach this information with caution. The U.S. and the EU have created numerous obstacles for Russia's financial and banking sectors, industry, IT, and gas sectors (e.g., bans on LNG technology supplies and sanctions against Arctic LNG). However, their efforts to curb Russian oil exports have faced challenges from the start. Perhaps initial decisions were made hastily, making them difficult to reverse. This doesn’t mean the measures were painless for Russian oil producers, but their consequences were promptly addressed....