... like Alibaba and JD.com. The day’s sales results are essential for assessing consumer sentiment in China, especially amidst economic slowdown concerns. Russia’s decreasing trade surplus could weaken the ruble and heighten concerns over economic stability, potentially influencing investor sentiment and Russian markets. Tuesday, November 12 UK — Unemployment Rate (September) Germany — ZEW Economic Sentiment Index (November) Eurozone — ZEW Economic Sentiment Index (November) U.S. — Producer ...

... undermines trust in the national currency: citizens and businesses look to convert their savings into dollars, euros, or other reliable assets. Capital outflows weaken the ruble and create additional stress for the economy. Finally, inflation impacts social stability. Sharp price increases often lead to a decline in living standards, growing public dissatisfaction, and protests, especially when wages do not keep pace with inflation. Thus, high inflation signifies the devaluation of money, a decrease in the ...

... segments of the economy — IT, retail, and consumer sectors — may act as catalysts for activity. In 2025, investors will increasingly focus on portfolio diversification and long-term strategies, prioritizing preferred investment directions. Expected stabilization of rates and a softening of sanctions pressure could only partially revive the M&A market by the end of the year; however, the number of transactions is unlikely to return to pre-crisis levels. The Russian M&A market is under pressure from ...

... two portfolio examples: Conservative portfolio: 50% (500,000 rubles)—bank deposit (18-19% per annum), 30%—OFZ or bond PIF (income ~17-18%), 20%—reliable corporate bonds or a conservative PIF (income ~15-20%). This composition provides relative stability: income slightly above inflation but with virtually no risk of capital loss. Moderately risky portfolio: 30%—deposit/OFZ (18%), 30%—mixed bonds and PIFs (income ~18-20%), 25%—stocks and ETFs (heightened risk, potentially high returns),...

... 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 balancing economic stimulus with price stability so that wage gains translate into lasting benefits rather than an inflationary spiral. Investment Strategies amid Rising Incomes The expected jump in wages and the resulting boost in consumption create new opportunities for investors. Which ...