... year. Petroleum product inventories are filling up, and wholesale gasoline prices have decreased, which is also reflected in retail prices. Third, the decrease in oil prices in the first half of the year (WTI is 20% lower than a year ago) has reduced ... ... redirection of petroleum product imports (the EU has established diesel supplies from the Middle East, Asia, and the US instead of Russian sources). Gas stations in the EU are gradually lowering prices for end consumers as more expensive stocks purchased last ...

... focuses will include: Advanced Micro Devices (AMD) – Q2 2025 report (one of the leaders in the U.S. semiconductor sector, producing chips for data centers and AI). Ozon Holdings – financial statements for six months of 2025 under IFRS (the largest Russian online retailer). BP plc – financial results for Q2 2025 (a British oil and gas corporation, one of the leaders in the global energy sector). These reports will allow an evaluation of the state of both the tech sector and consumer markets, as well as the commodity ...

On July 26, 2025, a significant date for economic news in Russia and worldwide was marked. The Central Bank of the Russian Federation (CBRF) decided to lower the key interest rate, which had a considerable impact on the development of financial ... ... economy in Europe is avoiding a deeper recession for now, although companies continue to exercise caution. In the UK, moderate retail sales data emerged: in June, sales volume increased by about 0.9% m/m after a decline in May, raising hopes for the resilience ...

... prices and the ruble exchange rate. Reasons for the Increase in Money Supply in 2024 Monetary policy of the Central Bank of the Russian Federation. The increase in money supply may have been prompted by economic stimulus programs aimed at maintaining liquidity ... ... investments. Sectoral opportunities. Increased liquidity can stimulate growth in specific sectors such as construction, fintech, and retail. Ruble exchange rate. Investors should take into account potential volatility in the ruble exchange rate, as the growth ...

... will have to adhere to norms for financial monitoring, tax reporting, and restrictions set by the regulator. Initially, direct access to crypto trading will likely be permitted only for qualified participants with substantial capital and experience. Retail investors who do not meet strict criteria will only have access to indirect instruments (e.g., crypto ETFs or futures on crypto indexes). Furthermore, the geopolitical factor remains: sanctions may complicate the integration of the Russian crypto market into the global economy. Potential market participants should carefully evaluate these risks before investing in the Russian crypto industry. Forecast for the Coming Year In the short term (up to one year), gradual progress in legislative ...