... Washington and Tokyo on tariffs, along with hopes for a US-EU compromise, have imbued the market with optimism, outweighing supply-increasing factors. Reports emerged that US authorities might partially ease restrictions on oil production in Venezuela, potentially allowing Chevron and other partners of PDVSA to increase heavy crude exports by more than 200,000 barrels per day. However, these plans are only moderately supporting prices at present, as traders account for gradual growth in Venezuelan supply, while overall global oil inventories remain limited due to OPEC+ actions. ...

... Bank of Russia regarding foreign currency purchases/sales volumes in August. The regulator's decision influences the ruble's exchange rate and liquidity. 12:00 (Eurozone): Producer Price Index (PPI) for June. The growth rates of wholesale prices signal potential future consumer inflation in Europe. 15:30 (USA): Trade Balance for June. Data on exports/imports will affect the U.S. GDP assessment, especially in light of changes in trade policy. 16:00 (Brazil): Final S&P Global PMI indices in services and Composite (July). Assessment of business activity in the largest economy in Latin America....

... policy and maintaining currency reserves. A positive trade balance continues to support the national currency. Main Risks for the Ruble Despite moderate predictions, analysts highlight several risk factors that may exert pressure on the ruble: Sanctions: Potential tightening of restrictions related to oil and gas exports, as well as Russian banks' access to international settlements. Federal Reserve Rates: An increase in interest rates by the U.S. Federal Reserve could intensify capital outflow from emerging markets, including Russia. Oil Prices: Fluctuations ...

... available only in limited scope, forcing many international investors to forgo investments in Russian assets. However, with the potential lifting of sanctions, these investors might re-enter the market, leading to an influx of investments and strengthening ... ... international transactions, boosting demand for the Russian currency. This could stabilize the ruble’s exchange rate, benefiting both exporters and import operations within the country. Growth in the Russian Stock Market The possible lifting of sanctions could ...

... Investors. Monday kicks off a new week in the financial markets with several significant events. At the forefront are signals of potential deflation in China's economy and the release of Russian external trade data. This news is complemented by statistical ... ... confidence that the European regulator is gaining control over prices. Simultaneously, Italy's trade balance will reveal the state of exports and imports during the summer period: an improving balance will support the euro, whereas a deterioration may signal weakness ...