... assessment of business activity in the largest sector of the American economy. Ruble Exchange Rate and Currency Market Dynamics The Russian ruble enters August under the influence of mixed factors. The conclusion of the tax period at the end of July has weakened ... ... revenues and geopolitical risks. On Tuesday, market participants anticipate decisions from the Ministry of Finance and the Central Bank of Russia regarding currency operations volumes under the budget rule for August. If the regulator resumes significant foreign ...

... external factors. The ruble remains under pressure due to potential new sanctions from the U.S. — if this threat materializes, a surge in volatility in the currency market and a decrease in risk appetite for local assets can be expected. The Central Bank of the Russian Federation published analytical materials earlier this week indicating a slowdown in inflation in July, signaling a possible pause in raising the key interest rate. This supports interest in bonds: OFZ yields continued to decline, and the state ...

... development of both banks this year and indicate their financial stability and management efficiency. Find out more about the key indicators and prospects for investors in our article. For the first 10 months of 2024, TBank increased its net profit under Russian accounting standards (RAS) to RUB 50 billion, and Rosbank — to RUB 46 billion. These indicators demonstrate stable growth and effective operations of both banks this year. Explanation of key indicators: RAS net profit: TBank: RUB 50 billion Rosbank: RUB 46 billion Meaning and impact: RAS net profit reflects the bank’s financial result after deducting all expenses and taxes. The growth of this indicator ...

... Russian Aquaculture (AQUA): An extraordinary general meeting will address a Q3 dividend payout of 20 RUB/share. While specific to Russian markets, trends in dividend payments can signal broader investment attitudes in the global aquaculture sector. Ross Stores ... ... could drive tech sector optimism in both Europe and the U.S. Impact on Europe and the U.S. Turkey and South Africa: Central bank decisions in these countries could shift demand for European and U.S. exports, particularly in energy and industrial goods....

... must provide detailed prospectuses that include a company history, business model, risks, financial results, and future plans. The SEC also actively monitors compliance with the law post-IPO, enhancing transparency and safeguarding investor interests. Russian IPO: In Russia, the regulation of the securities market is overseen by the Central Bank of Russia. The disclosure requirements are less stringent compared to American standards. Companies going public on the Moscow Exchange are also required to provide prospectuses, but the volume of disclosed information may be lesser. After the IPO,...