... data on the global macroeconomy, ranging from Purchasing Managers' Index (PMI) figures in key countries to U.S. labor market indicators (Non-Farm Payrolls). Simultaneously... ... Overall, Asian macroeconomic signals will set the backdrop for the trading day. Europe: Inflation in the Eurozone and Industrial Trends As the day unfolds in European markets... ... trading on Friday due to a national holiday (bank holiday). It is noteworthy that **Russia** will also release the manufacturing PMI for July: in the previous month, this...

... regulation on the domestic market has led to the retail segment being in the most vulnerable position. Retail margins do not exceed 5-7% and do not ensure profitability for gas stations not part of vertically integrated companies (about half of gas stations in Russia). Therefore, retail prices are not decreasing along with wholesale prices. Inflation, rising costs in production, transportation, and fuel sales contribute to the price increase, the expert explains. Additionally, the rise in gasoline prices is attributed to the fact that the export ban was lifted for only two months, according ...

In 2025, fuel prices at gas stations will continue to rise, but the increase is unlikely to exceed the overall inflation rate in the country. The prices of high-octane gasoline brands such as AI-95, AI-98, and higher are expected to rise ... ... of diesel fuel exports was about 50%, but since then, it has dropped to 40% (due to increased demand from heavy machinery in Russia), while the share of gasoline exports never exceeded 15%. Therefore, the gasoline market is more sensitive to production ...

... the export sector. Increased debt burden: For companies and the government that have debts in foreign currency, devaluation can be a problem. They have to pay more rubles to cover debts in dollars or euros. Current situation with devaluation in Russia In 2024, Russia faced a number of factors that contributed to the weakening of the ruble. These factors included sanctions that limited access to international markets, high inflation, and a budget deficit. In response, the Central Bank raised the key rate to stabilize the ruble and reduce inflationary pressure. Difficulties for the population: The devaluation of the ruble affects the cost of living and makes imported goods,...

... in emerging markets, including Russia. Recommendations: Investors should watch for any decisions on energy as they may impact Russia’s oil and gas exports. Positive comments on global stability could strengthen emerging-market currencies and support ... ... uncertainty. Bank of Japan Governor: May outline economic stimulus plans for Japan amid yen weakness. Kent (Australia): Comments on inflation and economic resilience in Australia could influence the Australian dollar. Christine Lagarde (ECB) and ECB Representatives: The ECB President is expected ...