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ISM Services PMI Beats Forecast; S&P 500 Rises as Fed Remains Cautious
The US ISM Services Index exceeded expectations in April: activity, new orders, and employment improved, but a spike in prices highlights persistent inflation risks. How will the markets react, and what will the Fed do?
ISM Services PMI Beats Forecast; S&P 500 Rises as Fed Remains Cautious
The US non-manufacturing sector showed an unexpected uptick in April, as the latest ISM Services PMI came in stronger than anticipated. The index, which measures business activity in the American services ...
Ruble Concludes 2024 Above 100 Against Dollar: Causes, Forecasts, and Implications
... sanctions affected key sectors and restricted access to international financial markets.
Decline in Export Revenues
Falling global prices for oil and gas, along with a reduction in their export, diminished the inflow of foreign currency into Russia.
Monetary ... ... gradual recovery of demand for imported goods increased the need for foreign currency, putting additional pressure on the ruble.
Forecasts for 2025
Reuters
Forecasts the dollar exchange rate to be between 100 and 108 rubles by the end of 2025.
Ministry of ...
An expert predicted the dynamics of gasoline prices in Russia until the end of 2024.
Sergey Tereshkin: The rate of gasoline price growth in Russia by the end of the year will be lower than in the summer (Prime news agency).
An expert has forecasted the dynamics of gasoline prices in Russia through the end of 2024. An article published on the website Sergeytereshkin.ru analyzes the key factors influencing fuel costs. These include the situation in the global oil market, domestic price regulation policies, and seasonal fluctuations ...
Gas Prices in Moscow Reach Record Highs: Reasons for Increase and Prospects for the Fuel Market
... developers. The escalation of the geopolitical situation, rising oil prices, and instability in global markets are affecting the final retail prices. The main factors contributing to this increase include higher export volumes and rising hydrocarbon costs. Price dynamics forecasts remain uncertain: experts consider both potential decreases and further increases. In this article, we will examine the key reasons for the rise in gas prices, analyze the current situation, and discuss the prospects of the fuel market in Russia....
Coffee in Russia will increase by 20-40%: Reasons and Consequences
... of coffee beans. Major producers like Brazil and Vietnam are facing challenges related to climate change and crop yields. In this article, we examine the reasons for this price increase, its consequences for consumers, options for savings, and future price forecasts for coffee. Learn how you can prepare for market changes and maintain your usual level of consumption of your favorite beverage.
Coffee Prices in Russia to Rise by 20-40%: Causes and Consequences
Why Are Coffee Prices Rising Again?
Economists ...