... dynamics in 2H2025. This predictability and generosity of payouts to minority shareholders is a significant advantage. With high profitability and a strong capital buffer, Sber is capable of simultaneously reinvesting a significant portion of profits ... ... substantial sums to shareholders. Comparison with Last Year and Outlook for 2H2025 The previous year was characterized by lower rates, which restrained growth in interest income but allowed for minimal reserve expenses. In 2025, conversely, the sharp rise in the key rate (up to 21%) boosted the interest margin but necessitated increased provisions. Nevertheless, the bank navigated the expensive ...

... — Industrial Production (September) U.S. — Consumer Price Index (CPI, October) U.S. — EIA Crude Oil Inventories Russia — Preliminary Q3 GDP Data Forecasted growth of 4.1% compared to previous 2.4%. Russia — October Inflation Data Previous rate: 8.6% (YoY). Key Points to Watch: Inflation data from the UK and the U.S. will offer insights into potential monetary policy adjustments. High CPI in the UK could support expectations for rate hikes, potentially strengthening the pound. In the U.S., CPI data will also shape Fed rate expectations, impacting the dollar. Eurozone industrial production reflects economic activity; low results ...

... economic and political events that could significantly affect both global and local markets. Russian traders should focus on key publications and statements to make the most of currency, commodity, and stock market changes. Here’s what to consider: ... ... Oil prices and the ruble could react to any hints of sanction relief. Inflation Data from EU, Canada, and UK Why it matters: High inflation in major economies can impact euro, pound, and CAD rates. Recommendations: Look for opportunities in euro and pound if inflation signals strength in these economies. Positive data ...

... their assets to minimize risks associated with the dollar and pay attention to safe haven assets such as gold and commodities. Market impact and strategies for investors Growing debt creates risks and opportunities for different types of investments. Key areas that may be of interest to investors: US Treasuries: With high debt, Treasury rates may rise, making them more attractive to investors. However, the debt burden may weaken their appeal in the long term. Safe Havens: In times of instability, investors may find that safe havens such as gold and commodities are more attractive. These ...

... faring, while AMD and Amgen's results after hours will provide guidance on technology and biotech sectors. The diverse financial metrics slated for Tuesday will help assess whether a balance persists between robust consumer demand and pressures (such as high rates and inflation). Wednesday, August 6, 2025 Key Economic Events: 07:30 (India): Reserve Bank of India’s decision on the key interest rate. An unchanged rate is expected; however, the regulator's comments will clarify its assessment of inflation and economic growth in India. 09:00 (Germany): Industrial ...