... pair remains below important technical levels, reflecting limitations on speculative operations. In the near term, the ruble will be sensitive to external factors (oil prices, geopolitical issues) and internal expectations regarding the Central Bank's policies. Bond Market The bond market has not exhibited sharp changes. In April, OFZ yields remained elevated, reflecting the Central Bank's stringent stance and inflation concerns. A slight decrease in prices was observed at the long end of the curve: ...

Tuesday’s economic calendar brings pivotal updates for investors focused on European and U.S. markets. Highlights include the UK’s labor market data, offering insights into wage growth and unemployment, which could shape the Bank of England’s policy direction. In Europe, Germany and the Eurozone’s ZEW Economic Sentiment Index will provide a gauge of business and investor confidence, impacting the euro and European stocks. The U.S. will release its Small Business Optimism Index and Redbook Retail...

... protection from external pressure. In addition, the purchase of SPBV will give the Central Bank: Tools for controlling foreign exchange transactions, which will prevent sharp fluctuations in exchange rates; Additional opportunities for implementing financial policies aimed at stabilizing the ruble and supporting the national economy; A sustainable infrastructure for managing currency flows and protecting domestic market participants from external risks. Why did the Central Bank do this? In the context of ...

Magnit, Russia's leading retailer, is actively investing in expanding its store network, supporting domestic manufacturers, and implementing digital technologies. Find out how the company is developing infrastructure, increasing the availability of goods for the population, and maintaining investment attractiveness for shareholders, forming long-term trends in Russian retail. Where Does Magnit Invest? Sector: Retail Investments in 2023: 74.6 billion rubles Investments in 2022: 53.5 billion rubles...

... trajectory of global markets. China’s trade data will serve as a barometer for international demand, influencing commodity prices and export-driven economies. Meanwhile, Australia’s interest rate decision could set the tone for regional monetary policies, impacting investor sentiment across Asia-Pacific markets. For Europe, Germany’s inflation figures will provide insights into the ECB’s future moves, particularly in the context of energy price volatility stemming from OPEC decisions. In ...