... authorities continue to target inflation, aiming to bring it back to a medium-term objective of 4% by 2026. Macroeconomic stability and transitioning the economy to a balanced growth trajectory have been identified as priority tasks for the current year. Labor Market: Record Low Unemployment The situation in the labor market was characterized by the president as favorable. The unemployment rate in Russia has dropped to a historic low of about 2.3%. In comparison, just a year ago, unemployment stood at around ...

... head of the regulator will comment on the state of the economy and inflation risks. Bailey’s rhetoric during the speech will affect investor expectations regarding the Bank of England's future actions in the coming months. North American Indicators: Labor Market and Business Activity 15:30 (US): Number of initial jobless claims (for the week ending August 2). This traditional weekly indicator of the US labor market: a consistently low number of claims will confirm employment resilience, while an increase ...

... financial markets will focus on a series of significant macroeconomic events and corporate earnings reports. Investors are anticipating fresh data on the global macroeconomy, ranging from Purchasing Managers' Index (PMI) figures in key countries to U.S. labor market indicators (Non-Farm Payrolls). Simultaneously, several major publicly traded companies in the U.S., Europe, and Asia will be releasing their quarterly earnings reports, providing insights into the corporate sector's health across various industries....

... enterprises will likely channel resources into automation and worker training so that output catches up with the higher labor costs. In the short run, however, corporate profits could come under pressure, especially in labor-intensive industries where labor costs are significant. On the other hand, the surge in demand for goods and services driven by higher wages may partly offset businesses’ rising costs. Companies with 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 ...

... costs (wages, rent, raw materials) on operating margins. Weak profit growth is expected, partly due to increased wages for employees and investments in café modernization. Investors will be keen to learn about comparable sales (like-for-like) on key markets: the U.S. (where Starbucks faces competition and labor movements) and China (experiencing post-pandemic consumption recovery). If the Chinese segment exhibits double-digit sales growth following the lifting of COVID restrictions, this would be a strong positive signal. Additionally, the market awaits ...