... in various parts of the world. Finally, the ongoing corporate earnings season continues in the U.S., Europe, Asia, and Russia, with results from some of the largest publicly traded companies included in the S&P 500, Euro Stoxx 50, Nikkei 225, and the Moscow Exchange index, providing insights into the current state of the corporate sector. Reserve Bank of India's Rate Decision 07:30 (MSK) – The Reserve Bank of India will announce its decision on the key interest rate. Expectations lean towards maintaining ...

... world's largest market. Simultaneously, the European Union banned the import of Russian gold. These restrictions have significantly stimulated the creation of independent infrastructure: as early as 2022, the Russian Ministry of Finance proposed the Moscow World Standard—a new international system for gold trading and certification designed to challenge the dictation of the LBMA. The practical realization of this strategy is represented by the launch of gold trading in St. Petersburg, which will ...

... China extends beyond oil supplies. Since 2019, Russia has exported $311 billion worth of energy products to China, according to China’s General Administration of Customs. Supply volumes grew 2.2 times from $43 billion in 2019 to $95 billion in 2023. Moscow and Beijing are also actively transitioning to settlements in national currencies, with the share of transactions in rubles and yuan exceeding 90% last year. Russian gas exports to China, including liquefied natural gas (LNG), reached a historic ...

... platforms for the sale of oil products and other strategically important goods. An example of such a platform is Open Oil Market, the first independent marketplace for oil products and raw materials, which is now actively preparing for an IPO on the Moscow Exchange. The easing of sanctions adds confidence in the potential of such projects, because Russian companies will be able to significantly expand their influence in both the domestic and foreign markets. Impact on the ruble exchange rate and ...

... an unstable and coarse partner, but not tomorrow, rather in the medium term,” the expert opines. Impact of the Rejection of Russian Oil and Gas on the Russian Economy As for the influence of the U.S.-EU deal on Russia, industry experts believe that Moscow has long been preparing for the closure of the European market to domestic oil and gas. Leading analyst at Freedom Finance Global, Natalia Milchakova, pointed out that the refusal to accept Russian oil and gas will hardly affect state budget revenues....