... strong market positions and pricing power can pass on some of their increased expenses to consumers, preserving profit margins. For example, producers of everyday consumer goods or retail chains, facing robust demand, should be able to maintain high revenue levels. Wage growth amid constrained supply can also stoke additional inflationary pressure. The Central Bank will likely maintain a tight monetary stance until a clear downtrend in inflation is established. Policymakers face the challenge of ...

... ruble enters August under the influence of mixed factors. The conclusion of the tax period at the end of July has weakened support for the national currency, and last week the exchange rate fell to around ~80 rub/$ amid balancing between high export revenues and geopolitical risks. On Tuesday, market participants anticipate decisions from the Ministry of Finance and the Central Bank of Russia regarding currency operations volumes under the budget rule for August. If the regulator resumes significant ...

... Energy will report, illustrating trends in electricity and gas supply. Pharmaceuticals and Biotech: Biotechnology firm Moderna and pharmaceutical company Regeneron Pharmaceuticals will publish their reports. Moderna, experiencing a sharp decline in revenue following a boom in vaccine demand, is likely to report a loss for the quarter. Conversely, Regeneron is expected to show stable income thanks to sales of its flagship drugs. Industry and Raw Materials: In this segment, results will be released ...

... companies have successfully gone public in recent weeks, collectively raising multibillion-dollar amounts. In the U.S., a notable event was the IPO listing of the design platform Figma: during its IPO, the company raised about $1.5 billion (Figma's revenue for 2024 was ~$749 million) with a valuation of approximately $15–20 billion. Figma's shares soared nearly threefold at the start of trading, confirming strong investor demand for tech listings. Figma's success has signaled to other unicorns ...

... Minister Anton Siluanov reported that the volume of payments to oil companies under the damping mechanism in 2025 is expected to be 2.6 trillion rubles, which is 1.4 trillion rubles less than originally planned. “Prices have fallen; correspondingly, revenues have decreased, and we will return less to oil producers,” he said. “Due to the decline in global oil prices, extracting companies missed about 277 billion rubles under the damping mechanism in the first six months of 2025 compared to the ...