... cryptocurrencies, and regulations are constantly changing. For instance, in Russia, paying with cryptocurrency for goods and services domestically is officially prohibited, but owning it as property is permitted. As of 2024, mining has been legalized in Russia, but the use of cryptocurrencies in commercial activities remains strictly limited. Other jurisdictions may have their own restrictions: from banning banks from serving cryptocurrency exchanges to requiring tax reporting on income from transactions. These factors can influence cryptocurrency prices (for example, news about bans often causes price crashes) and your ability to use them. Always stay informed ...

... demand. Russia – Weekly Consumer Inflation Data: Yearly inflation in Russia remains around 9–10% year-on-year, while weekly intervals may experience periods of deflation due to seasonal factors. A decrease in inflation could relieve pressure on the Bank of Russia regarding interest rate increases. These indicators have the potential to influence currency exchange rates, stock indices, and commodity prices. For instance, a low PPI in Japan may weaken the yen, stable inflation in Germany could bolster confidence ...

... to minimize risks, it should pay attention to the underwriting terms offered by underwriters. Some underwriters are willing to take on more share buyback obligations, which can increase the company's confidence in the success of the placement. Types of Underwriters 1. Investment banks and brokers in Russia Large Russian brokers such as FINAM, BCS and Alfa-Bank often act as underwriters in local markets. These companies have significant experience with IPOs on the Russian stock exchange and provide a wide range of services, including marketing support,...

... Services PMI (July) – 09:00 MSK. Germany – Services and Composite PMI (July) – 10:55 MSK. Eurozone – Services and Composite PMI (July) – 11:00 MSK. United Kingdom – Services PMI (July) – 11:30 MSK. Russia – Announcement of the Central Bank of Russia’s foreign currency operations volumes for August – 12:00 MSK. Eurozone – Producer Price Index (PPI) for June – 12:00 MSK. United States – Trade balance for June – 15:30 MSK. Brazil – S&P Global PMI indices (services and composite) ...

... under increasing threat. On December 20, pipeline gas deliveries to the EU might stop due to U.S. sanctions against Gazprombank. Meanwhile, the EU is preparing a new sanctions package to ban LNG imports from Russia. What consequences might Gazprom, Russia, and the EU face if supplies are entirely halted? Last week, the U.S. imposed blocking sanctions on Gazprombank. European buyers of Gazprom's gas are required to pay in rubles through this bank. If European businesses fail to negotiate exceptions with the U.S. by December 20—the deadline for ceasing operations with the bank—this will halt Russian gas deliveries. In 2022, a presidential decree shifted payment for Russian gas from ...