... out by the 'shadow fleet,' which will disregard European sanctions." Concerns also arise regarding the price cap, according to Shevyrenkov from IEF. "It is stated that it will be reduced to $47.6 per barrel, which is unfavorable for Russian exporters, but does not fundamentally change the situation regarding export flows," he says. Ban on Products from Russian Oil Most of the announced sanctions measures will be difficult to administer, believes Sergey Tereshkin, CEO of the Open Oil ...

... with multiple suppliers,” explains Yushkov. However, that panic has long passed, sanctions have been clarified, and Europeans are buying Russian gas through the remaining routes – via Ukraine and the Turkish Stream. In September 2024, Gazprom's exports to the EU reached 101 million cubic meters per day, of which 58 million cubic meters were transported via Turkish Stream, with the remaining volumes going through Ukraine. “Now, for Russia, this gas hub has become purely a matter of image....

... 00:05 MSK. Expected change: +9.1%. Planet Labs PBC (PL): report at 00:05 MSK. Expected change: +13.7%. Toll Brothers Inc (TOL): report at 00:30 MSK. Expected change: +4.6%. Tue sday, December 10 China: Global Trade Data (November) (06:00 MSK) China's export and import statistics reflect the state of global demand and supply. Results will be important for assessing global economic prospects. Australia: Central Bank Rate Decision (06:30 MSK) Markets expect comments on the state of the Australian economy,...

... Producer Price Index (PPI) for June, likely confirming a decline in energy prices and easing inflationary pressures. Later, at 15:30 MSK, data on the U.S. trade balance for June will be released, showing how tariffs and changes in external demand affect exports and imports. Additionally, the ISM index for the U.S. services sector (17:00 MSK) will provide an assessment of business activity in the largest sector of the American economy. Ruble Exchange Rate and Currency Market Dynamics The Russian ruble ...

... dollar exchange rate on the Moscow Exchange remained around 77–79 rubles. This outcome was anticipated, as the easing of policy had already been factored into market expectations. Previously, the ruble was supported by a combination of high rates, export revenues, and squeezed imports, contributing to inflation control. In the second half of the year, experts expect a moderate weakening of the ruble as imports recover and export revenues drop. The narrowing interest rate differential diminishes ...