... July was moving without a clearly defined trend, but the domestic backdrop is assessed as stable and favorable. The Moscow Exchange Index is consolidating near the 2850-point mark, approximately at the level of a week ago. Rate cuts support shares of companies oriented towards domestic demand (banks, developers, retailers), due to the prospects of lower credit costs for the economy. Simultaneously, the commodity segment of the Russian market feels secure due to relatively high prices for oil and metals: although global quotes have corrected, they remain at comfortable levels for Russian exporters. Investors in the CIS region continue to monitor the external backdrop—sanction ...

... reflecting the balance of supply and demand in the domestic market. If trading volumes on the St. Petersburg exchange prove significant, the "St. Petersburg" gold price may become a reference point alongside the traditional London fix. For Russian gold mining companies, the opening of this platform means expanded opportunities for selling products at market prices, bypassing Western intermediaries. Investors will benefit from a more transparent mechanism for investing in physical gold within the country. Below ...

... and October. Experts note that this measure supports the profitability of petroleum production and sales, enabling quick responses to the current economic situation and mitigating potential negative impacts on railway companies. Oil Companies Celebrate a Local Victory Over Other Cargo Owners in the Battle for VIP Access to Infrastructure "Liquid gold" has gained support at the highest levels: the Russian government has postponed the implementation of the Nondiscriminatory Access Rules (NDA Rules) to the last day of 2024 (instead of September 1, as previously proposed). This delay allows oil products to retain logistical priority. The decision ...

... for potential capital loss, as not all startups achieve success. How Do Pre-IPO and Venture Capital Investments Impact the Russian Economy? In Russia, the pre-IPO market is rapidly developing, attracting new investors and fostering the growth of local companies. Pre-IPO offers large Russian firms the opportunity to raise capital for further growth and access to international markets. Concurrently, venture capital actively supports the startup ecosystem, facilitating the emergence of innovative companies and job creation. A Practical ...

... point of view, Russia no longer needs the hub. “When Russia came up with the idea of the gas hub in 2022, we needed it to depoliticize the supply of Russian gas to Europe. Because in spring 2022, sanctions were imposed on Russia, and many European companies were afraid to buy Russian gas, fearing accusations of financing Russia. The gas hub would have helped anonymize the origin of the gas. Not only Russian gas would be traded there, but also Azerbaijani gas and LNG. European companies could then say they were buying gas not ...