... of Macroeconomic Factors The stock market is subject to influence from macroeconomic indicators. Some of these include: Interest Rates. An increase in interest rates can adversely affect stocks as companies face higher borrowing costs. Conversely, a decrease in rates can stimulate stock growth. Inflation. High inflation decreases consumers' purchasing power and may lead to increased costs for companies, negatively impacting their stock prices. However, stocks in commodities or energy sectors may benefit from ...

... products). Additionally, the transportation of hydrocarbon raw materials is more profitable. For example, in 2022, the revenue rate of Russian Railways, reflecting the specific revenue per unit of distance for transporting different goods, was 948 kopecks ... ... performance of Russian Railways compared to coal, the loading of which is also declining. In the first half of 2024, coal loading decreased by 5.5% (to 169.2 million tons) compared to the same period in 2023. NOTE: OPEN OIL MARKET is the first independent ...

... bank deposits are minimal: the state deposit insurance system compensates for losses of ruble deposits up to 1.4 million ₽. Early withdrawal may result in penalties and the loss of some accrued interest. However, inflation and the dynamics of the key rate set by the Bank of Russia impact real yields—historically, the purchasing power of ruble deposits has declined. For instance, over the last decade, real income for deposit holders has decreased by almost 18%. Taxation. Starting in 2024, interest on deposits is subject to personal income tax (PIT) of 13% above a tax-exempt threshold. This threshold equals 1 million ₽ multiplied by the maximum key rate for the year. With a key rate ...

... country and external factors. In times of worsening national conditions, the indices of domestic enterprises can significantly decrease. Such a situation is currently observed in the Russian market. Politics. Both the economic and political climate influence ... ... chosen strategies but also government support for companies through various benefits and loans, the central bank's interest rates, state orders, and more. The price of oil. At first glance, it may seem that this factor only affects companies involved ...

... especially for clients with poor credit histories or below-average incomes. This can impact the purchasing power of the population and reduce overall consumer spending, reflecting adversely on the economy as a whole. Increased Competition Among Banks The decrease in credit card issuance compels banks to seek new ways to attract clients. It is likely that new offers may emerge in the market, including more flexible rates, attractive bonuses, and improved terms for loyal customers. This creates competition among banks, which can be beneficial for clients who will be presented with more favorable conditions. Emergence of Alternative Lending Sources Limitations on ...