... countries for foreign investments. Decline in trade volumes: A general downturn in international trade will adversely affect the GDP of many countries. Most Vulnerable Economic Sectors The sectors most severely impacted by the new tariffs include: Automotive ... ... Agricultural sector – significant consequences for importers from New Zealand, South Africa, and Canada. Consequences for Russia and CIS Countries Although Russia and CIS countries are not directly affected by the new tariffs, the consequences may ...

... blocking most transactions involving foreign capital. Secondly, high financing costs diminish project attractiveness: the Bank of Russia's key rate has been raised to 21%, making loans expensive. Thirdly, the uncertainty in the economic situation (geopolitical ... ... Russian investors. Macroeconomic Factors The state of the economy and politics directly impacts the M&A market. In recent years, GDP growth has slowed, and inflation remains above the target level, forcing the Central Bank to maintain high key rates. Expensive ...

... will provide insight into Brazil's economic condition. Strong data will increase interest in emerging market assets, including Russia. 16:30 MSK: Speech by ECB President Lagarde Markets will look for comments on monetary policy and economic prospects in ... ... Factory Orders for October This figure signals prospects for industrial growth. An increase in orders would positively impact GDP expectations. 18:30 MSK: USA - EIA Oil Inventories Inventory data will influence global oil prices. A decrease in inventories ...

... will provide insight into Brazil's economic condition. Strong data will increase interest in emerging market assets, including Russia. 16:30 MSK: Speech by ECB President Lagarde Markets will look for comments on monetary policy and economic prospects in ... ... Factory Orders for October This figure signals prospects for industrial growth. An increase in orders would positively impact GDP expectations. 18:30 MSK: USA - EIA Oil Inventories Inventory data will influence global oil prices. A decrease in inventories ...

... risks. Thus, macroeconomic indicators instill cautious optimism: the global economy displays moderate growth alongside decreasing inflationary pressure. If positive trends persist, analysts' forecasts for future developments may improve in terms of GDP growth rates and price dynamics. Ruble Exchange Rate and Currency Market Dynamics Monday marks the conclusion of the July tax period in Russia, during which exporters typically sell foreign currency revenue to pay taxes, supporting the ruble's exchange rate. It is expected that after this period ends, the currency supply on the market may decrease, creating conditions for a modest ruble ...